Occidental Petroleum
Founded in 1920, Occidental Petroleum, an American energy company, explores hydrocarbons in the United States, the Middle East, and Colombia, and petrochemicals in the United States, Canada, and Chile. It is organized in Delaware and is headquartered in Houston.
Occidental Petroleum's business segments include Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores, develops and produces oil and condensate, natural gas liquids (NGL) and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGL, natural gas, carbon dioxide (CO2) and power. It also trades around its assets, including transportation and storage capacity, and invests in entities that conduct similar activities. The company was ranked #167 on the Fortune 500 and #669 on the Forbes Global 2000.
Founded: June 1920
Headquarters: Greenway Plaza Houston, Texas, U.S.
Market cap: $29.09 Billion
Revenue: 17.8 billion U.S. dollars in 2020
Website: oxy.com
