Occidental Petroleum Corporation (1OXY)

Profile

https://www.oxy.com

Occidental Petroleum Corporation is an independent exploration and production company engaged in the acquisition, exploration, development, and production of oil and gas properties in the United States, Latin America, and the Middle East. It operates through three primary segments: Oil and Gas, which focuses on exploring for, developing, and producing oil, condensate, natural gas liquids, and natural gas; Chemical, involving the production of various chemical products; and Midstream and Marketing, which handles the purchase, marketing, gathering, processing, transportation, and storage of oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power, along with investments in related entities. The company maintains significant operations in key energy-producing regions, contributing to global oil and gas supply chains. Founded in 1920 and headquartered in Houston, Texas, Occidental Petroleum Corporation plays a vital role in the energy sector by supporting hydrocarbon exploration, production, and midstream activities essential to the world's energy needs.