Pinisi Journal of Social Science
Vol 4, No 1 (2025): May

Impacts of Corporate Planning and Strategic Management on Performance of Oil and Gas Companies in Nigeria: A Study of Shell Petroleum Development Company, Warri, Delta State

Addah, Grace A. (Unknown)
Omogbiya, Oghenenyerhovwo Shulammite (Unknown)



Article Info

Publish Date
01 Jun 2025

Abstract

This study examined the effect of corporate planning and management strategy on the performance of Shell Petroleum Development Company in Warri, Delta State. The cross-sectional research design was used in this study, and the purposive sampling technique was used to gather data from a sample size of one hundred and eight six (186). Primary and secondary sources were used to gather the data; primary data were gathered via questionnaires, while secondary data were obtained by reviewing relevant publications like books, newspapers, and journals. With the support of the Statistical Package of Social Science (SPSS version 23.0, 2020), basic percentages, linear regressions, and multiple regressions were used to analyze the data collected for this study. According to the study's findings, corporate operating efficiency and planning are crucial to the financial success of oil and gas companies. The study concluded that Shell Petroleum Development Company (SPDS) Warri's performance was positively and significantly impacted by its strategy of product diversification, corporate planning, and corporate operating efficiency. The study recommended, among others, that Shell Petroleum Development Company (SPDS) Warri should intentionally continue pursuing a product diversification strategy to improve operational financial performance.

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Journal Info

Abbrev

pjss

Publisher

Subject

Social Sciences Other

Description

Pinisi Journal of Social Science. Published by the peer review process and open access with p-ISSN: 2830-2494 and e-ISSN: 2829-9256. Pinisi Journal of Social Science. Intended as a media of information and arena of philosophical, theoretical, methodological debates related to social science issues . ...