Business mix
- It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.
- This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power.
- Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Current key questions
- How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas exploration & production?
- Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
- Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?
