Occidental Petroleum Corp - Company Profile
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Occidental Petroleum Corp (Oxy) is an international energy company engaged in the exploration and production of oil and gas. Its main activities include the operation of energy and chemical assets, with a focus on reducing its carbon footprint and developing technologies for a low-carbon future. Oxy's primary products are oil and gas, and its chemical subsidiary, OxyChem, manufactures essential chemicals. The company's products are used across various industries. Its subsidiary, Oxy Low Carbon Ventures, focuses on advancing technologies and business solutions that reduce emissions. Oxy has a significant presence in the Permian and DJ basins, and offshore Gulf of Mexico, the US. The company has operations in North America, the Middle East, Africa, and Latin America. Oxy is headquartered in Houston, Texas, the US.
Occidental Petroleum Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Natural Gas | Processing | Oxy |
| Natural Gas Liquids | Transportation | OxyChem |
| Crude Oil | Storage | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In June, the company acquired a 10% stake in Block TTUD-1 offshore Trinidad & Tobago from Exxon Mobil. |
| 2026 | Contracts/Agreements | In June, the company and Exxon Mobil signed a contract with Trinidad and Tobago for the TTUD-1 ultra-deepwater exploration block. |
| 2026 | Oil/Gas Discovery | In April, the company announced an oil discovery at the Bandit prospect in the Gulf of America. |
Competitor Comparison
| Key Parameters | Occidental Petroleum Corp | Exxon Mobil Corp | Shell plc | BP Plc | Chevron Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United Kingdom | United Kingdom | United States of America |
| City | Houston | Spring | London | London | Houston |
| State/Province | Texas | Texas | England | Greater London | Texas |
| No. of Employees | 10,412 | 58,000 | 85,000 | 93,700 | 43,039 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jack B. Moore | Chairman | Executive Board | 2022 | 71 |
| Vicki A. Hollub | President; Chief Executive Officer; Director | Executive Board | 2016 | 65 |
| Sunil Mathew | Senior Vice President; Chief Financial Officer | Senior Management | 2023 | 54 |
| Richard A. Jackson | Senior Vice President; Chief Operating Officer | Senior Management | 2025 | - |
| Christopher O. Champion | Controller; Chief Accounting Officer; Vice President | Senior Management | 2019 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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