Occidental Petroleum Corporation (OXY)
Summary
OXY Chart
Will Capital Discipline and Rate Environment Fuel Occidental's Growth?
OXY leverages disciplined capital allocation and lower interest rates to boost margins, cash flow and low-carbon growth.
Occidental Petroleum (OXY) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading day saw Occidental Petroleum (OXY) settling at $45.33, representing a -2.41% change from its previous close.
Occidental Petroleum Corporation (OXY) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Occidental Petroleum Corporation (OXY) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Occidental Petroleum Corporation ever had a stock split?
Occidental Petroleum Corporation Profile
| Oil & Gas Exploration & Production Industry | Energy Sector | Ms. Vicki A. Hollub CEO | NYSE Exchange | 674599105 Cusip |
| US Country | 13,323 Employees | 10 Mar 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.
Contact Information
