Oxy

Occidental Petroleum Corporation, commonly known as Oxy, is a global energy company founded in 1920. Headquartered in Houston, Texas, Oxy operates across the oil and gas exploration and services, and energy, utilities, and waste treatment sectors. The company is engaged in the acquisition, exploration, and development of oil and gas properties, with significant operations in the United States, the Middle East, and North Africa. Its business is structured into three primary segments: Oil and Gas, Chemical, and Midstream and Marketing, allowing for integrated operations and value chain optimization. The company's extensive product portfolio includes crude oil, natural gas, natural gas liquids (NGLs), and a range of basic chemicals such as chlorine, caustic soda, and vinyls. With a workforce exceeding 10,000 employees and operations spanning 13 locations, Oxy maintains a substantial operational footprint. Learn about Oxy's global headquarters for detailed geographic information and Meet Oxy's team to understand their leadership and operational structure. The company is committed to responsible resource development and has invested in technologies aimed at sustainability and carbon management. In 2020, Oxy secured a significant share placement of $2.2 billion, underscoring investor confidence. With annual revenues reaching $21.6 billion, Oxy is a major player in the global energy market, competing with industry giants like Chevron and ConocoPhillips. Explore financial highlights for a deeper dive into its fiscal performance and market position.