What does Occidental Petroleum Corporation do?

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas.

What type of company is Occidental Petroleum?

Occidental Petroleum Corp is an international oil and gas exploration and production company. The Company has operations in the United States, Middle East and Latin America. It operates through three segments: Oil and Gas, Chemical (OxyChem) and Midstream and Marketing.

What products does Occidental Petroleum make?

Discover the products that we make every day:

  • Chlorine. …
  • Sodium Hydroxide. …
  • Potassium Hydroxide. …
  • Vinyl Chloride Monomer/Polyvinyl Chloride. …
  • Calcium Chloride. …
  • Chlorinated Organics. …
  • Silicates.
  • ACL® Chlorinated Isocyanurates.

Where does Occidental operate?

Oxy is the largest oil producer in Texas and the largest natural gas producer in California, with additional operations in Kansas, Oklahoma, Colorado and New Mexico. Oxy’s wholly-owned subsidiary, OxyChem, manufactures and markets chlor-alkali products and vinyls. Oxy was founded in 1920.

Does Occidental have refineries?

Unlike its bigger rivals, Oxy has no refineries and no interest in Canadian oil sands, liquefied natural gas or deepwater prospects. The Los Angeles company is unabashedly partial to oil, with 73% of its reserves in crude; most operators are more than half natural gas.

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Is Occidental Petroleum a good company?

Is OXY a good stock to buy? Occidental Petroleum Corporation (NYSE:OXY) has experienced an increase in hedge fund interest in recent months. … Also, our monthly newsletter’s portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points.

Who is the owner of Occidental Petroleum?

She has been the president and CEO of Occidental Petroleum since April 2016, when she became the first woman heading a major American oil company.

Vicki Hollub
Born 1960 (age 60–61) Birmingham, Alabama, U.S.
Education University of Alabama, Tuscaloosa (BS)
Title President and CEO of Occidental Petroleum

How does Occidental Petroleum make money?

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. … The Chemical segment manufactures and markets basic chemicals and vinyls.

Is Occidental Petroleum an American company?

Occidental Petroleum Corporation, byname Oxy, major American petroleum-producing company. Headquarters are in Los Angeles. Founded in 1920 in Los Angeles, Occidental Petroleum was for many years a small, largely unprofitable driller.

How much debt does Occidental have?

How Much Debt Does Occidental Petroleum Carry? You can click the graphic below for the historical numbers, but it shows that Occidental Petroleum had US$36.9b of debt in March 2021, down from US$40.2b, one year before. However, it also had US$2.27b in cash, and so its net debt is US$34.7b.

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