CSIMarket
 
Occidental Petroleum Corporation  (NYSE: OXY)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $45.6300 $0.28 0.617%
Day's High: $45.8954 Week Perf: -1.77 %
Day's Low: $ 45.36 30 Day Perf: 8.9 %
Volume (M): 23,636 52 Wk High: $ 64.76
Volume (M$): $ 1,078,488 52 Wk Avg: $50.05
Open: $45.56 52 Wk Low: $34.79



 Market Capitalization (Millions $) 48
 Shares Outstanding (Millions) 1
 Employees 11,000
 Revenues (TTM) (Millions $) 27,553
 Net Income (TTM) (Millions $) 2,965
 Cash Flow (TTM) (Millions $) 1,309
 Capital Exp. (TTM) (Millions $) 7,143

Occidental Petroleum Corporation
Occidental Petroleum Corporation (Oxy) operates primarily through two main segments: oil and gas, and chemicals.

Oil and Gas Segment
The oil and gas segment of Occidental focuses on the exploration, development, production, and marketing of crude oil and natural gas. As a significant player in the energy sector, Occidental competes with a wide range of domestic and international oil and gas producers. The company relies on a strategy centered around cost-effective development and production of oil and gas reserves. This includes acquiring new exploration contracts in regions with known reserves, utilizing enhanced oil recovery techniques in both mature and emerging fields, and pursuing strategic acquisitions to bolster its portfolio.

Occidentals operations are geographically diverse, with a strong presence in the United States, the Middle East, and Latin America. Given that crude oil and natural gas are traded as commodities, pricing is heavily influenced by global supply and demand dynamics. Consequently, Occidentals competitive edge stems from its ability to manage production costs and optimize reserve recovery.

Chemicals Segment
OxyChem, the chemicals division of Occidental, is involved in the manufacturing and marketing of basic chemicals, vinyls, and performance chemicals. The products offered by OxyChem are primarily sold to industrial users and distributors within the United States, often through both short- and long-term sales agreements, and are priced according to current market conditions.

The chemicals produced by OxyChem are largely commoditized, which means that competition in this sector is primarily price-driven. To maintain competitiveness, OxyChem focuses on being an efficient, low-cost producer. The business does not heavily rely on specific third-party customers and typically does not manufacture against a backlog of firm orders.

Competitive Landscape
In both segments of its business, Occidental faces competition from numerous other producers. The oil and gas segment is characterized by volatile market prices driven by global economic factors, while the chemicals segment primarily competes on price due to the commoditized nature of its products. Overall, Occidental Petroleum Corporation utilizes strategic operational efficiencies and market positioning to maintain and enhance its competitive stance in both sectors.


   Company Address: 5 Greenway Plaza Houston, 77046 TX
   Company Phone Number: 215-7000   Stock Exchange / Ticker: NYSE OXY


Customers Net Income fell by OXY's Customers Net Profit Margin fell to

-25.07 %

7.47 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
APA   -4.95%    
DVN   -2.34%    
EOG        0.03% 
FANG   -3.91%    
OVV   -0.88%    
PARR        13.8% 
• View Complete Report
   



Partnership

Occidental Outpaces Competitors with Revenue Surge as It Considers Direct Air Capture Hub with ADNOC?s XRG,

Published Fri, May 16 2025 4:33 PM UTC

Occidental and ADNOC s XRG Explore South Texas Direct Air Capture Hub Joint Venture Amid Revenue Growth Occidental Petroleum Corporation and the Abu Dhabi National Oil Company?s (ADNOC) subsidiary, XRG, have entered into a strategic evaluation phase to potentially establish a joint venture focused on developing a Direct Air Capture (DAC) hub in South Texas. This collaborati...

Product Service News

Occidental Petroleum Secures EPA Approval for World?s Largest Direct Air Capture Facility in Texas,

Published Mon, Apr 7 2025 7:26 PM UTC

Occidental and 1PointFive Secure Historic EPA Approval for Direct Air Capture Project in Texas In a groundbreaking announcement, Occidental Petroleum Corporation (NYSE: OXY) and its subsidiary 1PointFive disclosed that they have received the United States Environmental Protection Agency s (EPA) approval for Class VI permits to sequester carbon dioxide (CO?) from their STRATO...

Management Announcement

Occidental Petroleum Sets Stage for Recovery: Strategic Debt Reduction and Dividend Declaration Inspire Investor Confidence,

Published Tue, Feb 18 2025 9:17 PM UTC

In a significant move reflective of its commitment to financial fortitude, Occidental Petroleum Corporation (NYSE: OXY) has reported substantial progress in its ongoing debt reduction efforts. On February 18, 2025, the Houston-based energy giant announced that it successfully met its near-term debt repayment target of $4.5 billion by the fourth quarter of 2024. This achievem...

Dividend

Occidental Petroleums Dividend Declaration: A Signal of Resilience Amidst Financial Realignment,

Published Wed, Nov 6 2024 9:01 PM UTC

Occidental Petroleum Declares Dividend Amidst Ongoing Financial RestructuringHOUSTON, Nov. 6, 2024 In a strategic move to reinforce investor confidence amidst fluctuating market dynamics, Occidental Petroleum Corporation (NYSE: OXY) announced today a regular quarterly dividend of $0.22 per share on its common stock. This payout, slated for distribution on January 15, 2025,...

Management Announcement

Occidental Announces $3 Billion Debt Reduction and Progress in Divestiture Initiatives,

Published Mon, Aug 19 2024 12:01 PM UTC

Occidental s Debt Reduction and Divestiture Initiatives Leading to Progress
Occidental, a leading energy company, recently announced significant progress in reducing its debt and divestiture initiatives. Through the utilization of robust organic cash flow from operations and proceeds from divestitures, the company achieved a remarkable $3 billion in principal debt redu...







Occidental Petroleum's Segments
segments    101.59 % of total Revenue
United States    89.89 % of total Revenue
International    15.68 % of total Revenue
Eliminations    -3.98 % of total Revenue
Oil and gas segments    83.54 % of total Revenue
Oil and gas Oil    66.22 % of total Revenue
Oil and gas NGL    9.91 % of total Revenue
Oil and gas Gas    6.84 % of total Revenue
Oil and gas Other    0.57 % of total Revenue
Oil and gas United States    70.95 % of total Revenue
Oil and gas United States Oil    56.3 % of total Revenue
Oil and gas United States NGL    8.5 % of total Revenue
Oil and gas United States Gas    5.6 % of total Revenue
Oil and gas United States Other    0.56 % of total Revenue
Oil and gas International    12.58 % of total Revenue
Oil and gas International Oil    9.92 % of total Revenue
Oil and gas International NGL    1.41 % of total Revenue
Oil and gas International Gas    1.23 % of total Revenue
Oil and gas International Other    0.01 % of total Revenue
Chemical segments    17.45 % of total Revenue
Chemical United States    16.38 % of total Revenue
Chemical International    1.07 % of total Revenue
Midstream and marketing segments    4.59 % of total Revenue
Midstream and marketing United States    2.56 % of total Revenue
Midstream and marketing International    2.03 % of total Revenue
Other And InterEliminations Oil and gas    83.54 % of total Revenue
Other And InterEliminations Chemical    17.64 % of total Revenue
Other And InterEliminations Midstream and marketing    3.37 % of total Revenue





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com