Occidental Petroleum Corp logo

Occidental Petroleum Corp OXY

Market Closed
14 Jun, 20:00
NYSE NYSE
$
59. 84
+0.04
+0.07%
After Hours
$
59. 85
+0.01 +0.01%
59.07B Market Cap
17.08 P/E Ratio
0.88% Div Yield
8,600,300 Volume
3.81 Eps
$ 59.80
Previous Close
Day Range
59.13 59.87
Year Range
55.12 71.19

OXY Chart

Occidental Petroleum Corp Profile

Oil & Gas E&P Industry
Energy Sector
Ms. Vicki A. Hollub CEO
NYSE Exchange
US6745991058 ISIN
US Country
12,570 Employees
- Last Dividend
- 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.

Contact Information

Address: 5 Greenway Plaza, Houston, TX, United States, 77046-0521
Phone: 713 215 7000