Occidental Petroleum Corporation (OXY)
Summary
OXY Chart
Investors Heavily Search Occidental Petroleum Corporation (OXY): Here is What You Need to Know
Occidental (OXY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
3 Things Every Occidental Petroleum Investor Needs To Know
Through careful selection of assets and projects, Occidental has become a low-cost leader in the energy sector. Occidental is working to prolong crude oil's future marketability by partially remediating its impact on the environment.
Occidental Petroleum Corporation (OXY) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
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Occidental Petroleum Corporation Profile
| - Industry | - Sector | Vicki A. Hollub CEO | NYSE Exchange | 674599105 CUSIP |
| US Country | 13,323 Employees | 10 Dec 2025 Last Dividend | 16 Aug 2006 Last Split | 31 Dec 1981 IPO Date |
Overview
Occidental Petroleum Corporation is a major player in the energy sector, focusing on the acquisition, exploration, and development of oil and gas properties. With operations spread across the United States, the Middle East, and North Africa, the company boasts a diversified portfolio in the oil and gas industry. It operates across three main segments: Oil and Gas, Chemical, and Midstream and Marketing. Founded in 1920, Occidental has established a strong presence in the industry and is headquartered in Houston, Texas. Its comprehensive approach to the energy value chain allows it to explore for, develop, produce, and market a wide range of products essential to industrial and consumer markets.
Products and Services
- Oil and Gas Exploration and Production
This segment of Occidental Petroleum is dedicated to discovering, developing, and producing oil and condensate, as well as natural gas liquids (NGLs) and natural gas. By leveraging advanced technology and extensive expertise, the company ensures efficient extraction and production processes to meet global energy demands.
- Chemical Manufacturing and Marketing
Occidental's Chemical segment produces a broad range of basic chemicals, such as chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, and sodium silicates. It also focuses on vinyls, producing vinyl chloride monomer and polyvinyl chloride. These products find applications in various industries, including agriculture, construction, and consumer goods, underlining the segment's importance to the company's diversified product portfolio.
- Midstream and Marketing
This segment encompasses the gathering, processing, transportation, storage, and marketing of oil, condensate, NGLs, natural gas, and carbon dioxide. It also involves power marketing. Occidental Petroleum engages in strategic investments within this segment to enhance its infrastructure and marketing capabilities, ensuring efficient distribution and supply chain operations. This broad range of activities underscores the company's integrated approach to managing the entire value chain of energy production and distribution.
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