Occidental Petroleum Corp - Company Profile
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Occidental Petroleum Corp (Oxy) is engaged in the production of energy, focusing on oil and gas extraction and carbon management technologies. The company offers high-performance oil and gas products and is involved in carbon capture, utilization, and storage (CCUS) projects. Oxy is associated with the brand 1PointFive, which is developing Direct Air Capture facilities. Its products and services cater to industries requiring reliable energy solutions and carbon reduction technologies. The company has significant presence in the Permian and DJ basins and offshore Gulf of Mexico, the US. Oxy operates through a network of strategic partnerships and infrastructure investments. The company has operations in the United States, the Middle East, and North Africa, targeting global energy markets. Oxy is headquartered in Houston, Texas, United States.
Occidental Petroleum Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Natural Gas | Processing | Oxy |
| Natural Gas Liquids | Transportation | |
| 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 | Contracts/Agreements | In July, the company and Kosmos Energy Gulf of Mexico Operations, LLC entered into an agreement to sell a 33.33% stake in Logan Oil Discoveries in the Gulf of Mexico to Navitas Petroleum US, LLC. |
| 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. |
Competitor Comparison
| Key Parameters | Occidental Petroleum Corp | ExxonMobil Holdings 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 | 72 |
| Vicki Hollub | Chief Executive Officer; President | Senior Management | 2016 | 66 |
| Sunil Mathew | Chief Financial Officer; Senior Vice President | Senior Management | 2023 | 55 |
| Richard Jackson | Chief Operating Officer; Senior Vice President | Senior Management | 2025 | 49 |
| Christopher Champion | Chief Accounting Officer; Controller; Vice President | Senior Management | 2019 | 56 |
| 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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