Oxy

Occidental Petroleum Corporation, commonly known as Oxy, is a global energy company founded in 1920 and headquartered in Houston, Texas. The company is a significant player in the oil and gas sector, with operations spanning exploration, development, and production of hydrocarbons. Its strategic focus encompasses a diversified portfolio designed for long-term value creation. Oxy operates through three primary segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment is dedicated to the exploration, development, and production of oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets essential basic chemicals, including chlorine, caustic soda, and vinyls like polyvinyl chloride (PVC). The Midstream and Marketing segment handles the gathering, processing, transportation, storage, purchase, and marketing of oil, NGLs, natural gas, carbon dioxide, and power. The company maintains a presence across 13 locations globally, providing a broad operational footprint. Learn about Oxy's global headquarters. With a substantial revenue of $21.1 billion and an employee base exceeding 10,000 individuals, Oxy demonstrates significant operational scale. The company has a history of strategic financial activities, including a notable $2.2 billion share placement in May 2020 involving Carl Icahn. Its competitive landscape includes major industry players such as Olin, Tosoh, Westlake, Shin-Etsu Chemical, Sasol, INEOS Group, and Chevron, among others. Explore financial highlights and Meet Oxy's team for further insights into its performance and organizational structure.