Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Occidental Petroleum's Business Segments
Occidental Petroleum's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
2
Largest Segment
Oil and gas
Total Revenue
$ 5,230
Regions Reported
1
Revenue Share by Reportable Segment - Q1 FY2026
- Oil and gas95.1%
- Midstream and marketing7.6%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Oil and gas | $ 4,975 | 95.1% |
| Midstream and marketing | $ 397 | 7.6% |
Revenue Share by Region - Q1 FY2026
- Non-US20.7%
Revenue by Geographic Region - Q1 FY2026
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Non-US | $ 1,085 | 20.7% |
Revenue by Product & Service Category - Q1 FY2026
- Crude Oil, Condensate, and Natural Gas Liquids (ngl)86.5%
- Natural Gas Liquids (ngl)9.9%
- Natural Gas4.7%
- Product and Service, Other0.5%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Crude Oil, Condensate, and Natural Gas Liquids (ngl) | $ 4,523 | 86.5% |
| Natural Gas Liquids (ngl) | $ 518 | 9.9% |
| Natural Gas | $ 247 | 4.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
1 more categories available
Sign in to unlock the full Occidental Petroleum dataset.
Description of Occidental Petroleum
Occidental Petroleum Corporation operates primarily through two main industry segments:
1. Oil and Gas Segment: This segment focuses on the exploration, development, production, and marketing of crude oil and natural gas. Occidental is involved in various regions, including the United States and international markets. The company utilizes advanced technologies and methods to enhance the efficiency and effectiveness of its operations, including hydraulic fracturing and enhanced oil recovery techniques.
2. Chemicals Segment: Occidentals chemicals segment manufactures and markets a wide range of basic chemicals, vinyls, and performance chemicals. This includes products used in various applications such as construction, automotive, and consumer goods. The chemicals division plays a key role in supporting sustainability initiatives by developing products that reduce environmental impact.
Overall, Occidental Petroleum focuses on integrating its operations to maximize efficiency, with a commitment to safety, environmental stewardship, and innovation in both its oil and gas and chemicals businesses.
1. Oil and Gas Segment: This segment focuses on the exploration, development, production, and marketing of crude oil and natural gas. Occidental is involved in various regions, including the United States and international markets. The company utilizes advanced technologies and methods to enhance the efficiency and effectiveness of its operations, including hydraulic fracturing and enhanced oil recovery techniques.
2. Chemicals Segment: Occidentals chemicals segment manufactures and markets a wide range of basic chemicals, vinyls, and performance chemicals. This includes products used in various applications such as construction, automotive, and consumer goods. The chemicals division plays a key role in supporting sustainability initiatives by developing products that reduce environmental impact.
Overall, Occidental Petroleum focuses on integrating its operations to maximize efficiency, with a commitment to safety, environmental stewardship, and innovation in both its oil and gas and chemicals businesses.
Occidental Petroleum Corporation Overview
Occidental Petroleum Corporation (Oxy) is a prominent American multinational company engaged in oil and gas exploration and production, as well as chemical manufacturing. Founded in 1920, Oxy has developed into one of the largest publicly traded oil and gas companies in the world, boasting operations that span several continents and a commitment to sustainable practices.
1. Oil and Gas Operations
Domestic Operations
In the United States, Occidental operates a diverse range of oil and gas facilities, mainly concentrated in the following key regions:
- Elk Hills: Located in California, this region is one of Occidentals largest domestic oil production areas, characterized by advanced production technologies and significant reserves.
- Kansas and Oklahoma: The Hugoton field is crucial for Occidentals operations in this region, significantly contributing to both oil and gas output.
- Permian Basin: As one of Oxys primary focuses, the Permian Basin, located in West Texas and New Mexico, is renowned for its high-yield production capabilities, driven by revolutionary advancements in hydraulic fracturing and horizontal drilling techniques.
- Gulf of Mexico: Occidental engages in offshore exploration and production activities in the Gulf, tapping into rich underwater resources that are essential to the companys overall production capabilities.
International Operations
Occidentals international portfolio enhances its global reach and resource access, with operations across multiple countries, including:
- Colombia: The company actively participates in exploration and production activities, which support local economies while aligning with global energy demands.
- Ecuador: Oxys oil extraction operations in Ecuador highlight its significant presence in the South American energy landscape.
- Middle East: The company has a considerable presence in countries such as Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Yemen, which are vital to its global operations and strategic energy initiatives.
- Russia and Pakistan: Both nations offer additional exploration and production opportunities, allowing Occidental to diversify its asset base and mitigate risks associated with localized operations.
Chemical Operations
Through its OxyChem segment, Occidental is a key player in the manufacturing and marketing of a wide range of chemicals, tailored for various industries. The chemical sector is influenced by market cycles and specific industry dynamics.
Manufacturing Facilities
OxyChem operates a comprehensive network of manufacturing plants across 26 locations primarily positioned in the Gulf Coast region, including Texas and Louisiana. The company also maintains facilities in Canada (two) and Chile (one), allowing for efficient production and distribution capabilities. OxyChem owns all its manufacturing plants and operates a vast fleet of railcars for logistics and distribution purposes.
Product Segments
OxyChems product offerings can be categorized into three main segments:
1. Basic Chemicals
- Chlorine: Primarily used in the chlorovinyl chain for producing various chemicals and in water treatment, with production facilities situated across Alabama, Delaware, Louisiana, New York, Texas, Brazil, and Chile.
- Caustic Soda: Co-produced with chlorine, caustic soda serves critical roles in industries such as pulp and paper manufacturing and alumina production, with facilities mirroring those of chlorine.
- Potassium Chemicals: Crucial for fertilizers, glass production, cleaning products, and rubber processing, these chemicals are produced in Alabama and Delaware.
2. Vinyls
- Through its partnership in OxyVinyls, Occidental produces a diverse portfolio of vinyl products, particularly polyvinyl chloride (PVC), which is vital in applications such as piping, electrical insulation, construction materials, and packaging. OxyChems PVC resins are manufactured in facilities located in Kentucky, New Jersey, Pennsylvania, Texas, and Canada.
3. Performance Chemicals
- OxyChem provides an array of performance chemicals, including:
- Chlorinated Isocyanurates: Utilized in sanitization and disinfection products.
- Resorcinol: Commonly found in adhesives and coatings.
- Antimony Oxide: Frequently employed as a flame retardant in plastics and textiles.
- Mercaptans: Important in the production of various specialty chemicals.
- Sodium Silicates: Used in detergents and as additive agents in cements.
Conclusion
Occidental Petroleum Corporation stands out as a significant entity in both the oil and gas as well as the chemical manufacturing industries. Its extensive operations encompass a wide geographical footprint, reflecting a strategic emphasis on leveraging both domestic and international markets. With a diverse product portfolio and a robust manufacturing infrastructure, Oxy plays an essential role in addressing the evolving demands of the energy and chemical sectors. The companys adaptability to market fluctuations and its emphasis on technological advancements reinforce its position as a leading force in the global energy landscape.
Occidental Petroleum Corporation (Oxy) is a prominent American multinational company engaged in oil and gas exploration and production, as well as chemical manufacturing. Founded in 1920, Oxy has developed into one of the largest publicly traded oil and gas companies in the world, boasting operations that span several continents and a commitment to sustainable practices.
1. Oil and Gas Operations
Domestic Operations
In the United States, Occidental operates a diverse range of oil and gas facilities, mainly concentrated in the following key regions:
- Elk Hills: Located in California, this region is one of Occidentals largest domestic oil production areas, characterized by advanced production technologies and significant reserves.
- Kansas and Oklahoma: The Hugoton field is crucial for Occidentals operations in this region, significantly contributing to both oil and gas output.
- Permian Basin: As one of Oxys primary focuses, the Permian Basin, located in West Texas and New Mexico, is renowned for its high-yield production capabilities, driven by revolutionary advancements in hydraulic fracturing and horizontal drilling techniques.
- Gulf of Mexico: Occidental engages in offshore exploration and production activities in the Gulf, tapping into rich underwater resources that are essential to the companys overall production capabilities.
International Operations
Occidentals international portfolio enhances its global reach and resource access, with operations across multiple countries, including:
- Colombia: The company actively participates in exploration and production activities, which support local economies while aligning with global energy demands.
- Ecuador: Oxys oil extraction operations in Ecuador highlight its significant presence in the South American energy landscape.
- Middle East: The company has a considerable presence in countries such as Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Yemen, which are vital to its global operations and strategic energy initiatives.
- Russia and Pakistan: Both nations offer additional exploration and production opportunities, allowing Occidental to diversify its asset base and mitigate risks associated with localized operations.
Chemical Operations
Through its OxyChem segment, Occidental is a key player in the manufacturing and marketing of a wide range of chemicals, tailored for various industries. The chemical sector is influenced by market cycles and specific industry dynamics.
Manufacturing Facilities
OxyChem operates a comprehensive network of manufacturing plants across 26 locations primarily positioned in the Gulf Coast region, including Texas and Louisiana. The company also maintains facilities in Canada (two) and Chile (one), allowing for efficient production and distribution capabilities. OxyChem owns all its manufacturing plants and operates a vast fleet of railcars for logistics and distribution purposes.
Product Segments
OxyChems product offerings can be categorized into three main segments:
1. Basic Chemicals
- Chlorine: Primarily used in the chlorovinyl chain for producing various chemicals and in water treatment, with production facilities situated across Alabama, Delaware, Louisiana, New York, Texas, Brazil, and Chile.
- Caustic Soda: Co-produced with chlorine, caustic soda serves critical roles in industries such as pulp and paper manufacturing and alumina production, with facilities mirroring those of chlorine.
- Potassium Chemicals: Crucial for fertilizers, glass production, cleaning products, and rubber processing, these chemicals are produced in Alabama and Delaware.
2. Vinyls
- Through its partnership in OxyVinyls, Occidental produces a diverse portfolio of vinyl products, particularly polyvinyl chloride (PVC), which is vital in applications such as piping, electrical insulation, construction materials, and packaging. OxyChems PVC resins are manufactured in facilities located in Kentucky, New Jersey, Pennsylvania, Texas, and Canada.
3. Performance Chemicals
- OxyChem provides an array of performance chemicals, including:
- Chlorinated Isocyanurates: Utilized in sanitization and disinfection products.
- Resorcinol: Commonly found in adhesives and coatings.
- Antimony Oxide: Frequently employed as a flame retardant in plastics and textiles.
- Mercaptans: Important in the production of various specialty chemicals.
- Sodium Silicates: Used in detergents and as additive agents in cements.
Conclusion
Occidental Petroleum Corporation stands out as a significant entity in both the oil and gas as well as the chemical manufacturing industries. Its extensive operations encompass a wide geographical footprint, reflecting a strategic emphasis on leveraging both domestic and international markets. With a diverse product portfolio and a robust manufacturing infrastructure, Oxy plays an essential role in addressing the evolving demands of the energy and chemical sectors. The companys adaptability to market fluctuations and its emphasis on technological advancements reinforce its position as a leading force in the global energy landscape.