Occidental Petroleum Corp - Company Profile
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Occidental Petroleum Corp (Oxy) is an oil and gas exploration and production company. The company's extensive chemical manufacturing base, reserve base, and advanced technology utilization have strengthened its operations, even as an increase in oil and gas operating expenses and dependency on CO2 supply for EOR projects are causes for concern. Contracts and Agreements, growth initiatives and growth in global demand for oil could provide growth opportunities for the company. However, exploration production & development risks, fluctuations in oil and gas prices, and intense competition could affect its operations.
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