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Occidental Petroleum Corp: Overview

Occidental Petroleum Corp (Occidental) is an oil and gas exploration and production company with integrated assets. It explores for, develops and produces oil, natural gas liquids (NGLs), natural gas and condensate. The company gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. Occidental also manufactures and markets basic chemicals and vinyls. The company operates through its major subsidiaries, Oxychem and Occidental Low Carbon Ventures, which are involved in the chemicals business and Midstream business, respectively. The company also trades around its assets, including transportation and storage capacity. In US, the company operates in has operations in Texas, New Mexico, Colorado, Wyoming and Utah. It has operations in the US, Middle East and Latin America. Occidental is headquartered in Houston, Texas, the US.

Headquarters United States of America

Address 5 Greenway Plaza, Suite 110, Houston, Texas, 77046


Telephone 1 713 2157000

No of Employees 11,678

Industry Energy and Utilities

Ticker Symbol & Exchange OXY (NYSE)

Revenue (2021) $26.1B 45.7% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 115.7% (2021 vs 2020)

Market Cap* $57.9B

Net Profit Margin (2021) XXX 110.8% (2021 vs 2020)

* As of and is in US$

Access premium data and analytics for Occidental Petroleum Corp

230+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

70+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

40+

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

30+

Power Plants

Access key information on power plants and upcoming projects for Occidental Petroleum Corp. View Information by various power generating sources, project demographics, commercial and technical information.

4

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Occidental Petroleum Corp.

170+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Occidental Petroleum Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Occidental Petroleum Corp’s likely spend across technology areas enabling you to understand the digital strategy.

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Products and Services

Products Services
Crude oil Gathering
Natural gas Processing
Natural Gas Liquids Transporting
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XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In October, the company's Low Carbon Ventures entered into a partnership with Natural Resource Partners for the evaluation and potential development of a permanent carbon dioxide (CO2) sequestration hub located in southeast Texas.
2022 Contracts/Agreements In October, the company's subsidiary announced executed a letter of intent with Western Midstream Partners, LP for pursuing opportunities to produce and deliver low-carbon intensity oil and gas products.
2022 Contracts/Agreements In August, the company and its subsidiary 1PointFive announced its plans to begin detailed engineering and early site construction for their first large-scale Direct Air Capture (DAC) plant in Ector County, Texas.
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Competitor Comparison

Key Parameters Occidental Petroleum Corp Exxon Mobil Corp Shell plc TotalEnergies SE BP Plc
Headquarters United States of America United States of America United Kingdom France United Kingdom
City Houston Irving London Paris London
State/Province Texas Texas Greater London Ile-de-France -
No. of Employees 11,678 63,000 82,000 101,309 65,900
Entity Type Public Public Public Public Public
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Stephen I. Chazen Chairman Executive Board 2020 75
Vicki A. Hollub Director; Chief Executive Officer; President Executive Board 2016 62
Robert L. Peterson Chief Financial Officer; Senior Vice President Senior Management 2020 51
Christopher O. Champion Controller; Chief Accounting Officer; Vice President Senior Management 2019 52
Yanni Charalambous Vice President; Chief Information Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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