Occidental Petroleum Corporation (OPC)
Summary
OPC Chart
Here's Why Occidental Petroleum (OXY) is a Strong Momentum Stock
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Occidental Petroleum: An Improved Balance Sheet Results In A Great Opportunity
Occidental Petroleum has reduced debt to $11.8 billion, nearing its $10 billion target, strengthening its balance sheet and future flexibility. OXY projects sustainable $4 billion annual cash flow by 2030, with significant free cash flow growth even at $50–$65 WTI oil prices. The company's 2% dividend yield is set to rise, supported by robust cash flow, cost efficiencies, and minimal near-term debt maturities.
Why Occidental Petroleum (OXY) is a Top Value Stock for the Long-Term
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Occidental Petroleum Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Richard A. Jackson CEO | XDUS Exchange | US6745991058 ISIN |
| US Country | 13,323 Employees | 10 Sep 2026 Last Dividend | 25 Feb 2016 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.
