Occidental Petroleum's Corporate Customers have recorded a rise in their cost of revenue by 28.47 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 23.06 %. During the corresponding time, Occidental Petroleum Corporation recorded a revenue increase by 25.74 % year on year, sequentially revenue grew by 54.21 %. While revenue at the Occidental Petroleum Corporation's corporate clients recorded rose by 30.45 % year on year, sequentially revenue grew by 25.09 %.
Occidental Petroleum's Customers have recorded a rise in their cost of revenue by 28.47 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 23.06 %, for the same period Occidental Petroleum Corporation recorded revenue increase by 25.74 % year on year, sequentially revenue grew by 54.21 %.
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 (CO₂) from their STRATOS Direct Air Capture (DAC) facility. This development marks the first instance of the EPA issuing such permits for a DAC project, setting a significant precedent in carbon management and environmental stewardship.Located in Ector County, Texas, the STRATOS facility is poised to become the world s largest Direct Air Capture installation ...
Sources:
Occidental Petroleum Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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