Summer 2026

Co-Op Data

Well Servicing & Engineering

Occidental Petroleum Corporation (Oxy)

Occidental Petroleum Corporation (Oxy)

10,001+ employees

Oil and gas operations and renewables

Compensation Overview

$21 - $25/hr

Midland, TX, USA + 4 more

More locations: Houston, TX, USA | Fort Lupton, CO, USA | Morton, TX, USA | Denver, CO, USA

Hybrid

Remote from home may be required; role bases at TX/CO locations and requires travel to various sites.

Category
Operations & Logistics (1)
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Excellent communication skills, both verbal and written
  • Must be actively pursuing Associates, Bachelors or Masters degree
  • Must be self-starter to work independently and in groups
  • Must be able to perform some of the work during core business hours 8am – 4pm weekdays
  • Highly motivated with lots of initiative
  • Ability to work in a fast-paced environment with tight deadlines
  • Strong computer skills and ability to type by touch
  • Skilled with MS Office applications (Outlook, Word, Excel, and PowerPoint)
  • Comfortable learning new computer software
  • Candidate must be able to sit for long periods of time, lift at least 30 pounds over their head
  • When working from home a high-speed home internet connection must be available and a cellphone which may be used for business purposes
  • Required 3.0 GPA for 4-year programs & 2.5 GPA for 2-year programs
Responsibilities
  • Compiling, confirming, and inputting data such as downhole well bore configurations, well servicing and artificial lift data for hundreds of wells with varying degrees of data completeness
  • Candidate may be given additional projects in these areas as needed
  • Functions of this position may require travel to various Oxy corporate, business, and/or field locations, and may also require periods of remote work from the candidate’s home-based office location
Desired Qualifications
  • Oil & Gas industry terminology
  • Well servicing experience/terminology
  • Strong analytical skills for information or data processing.
  • Possess at least a basic understanding of how databases are structured and function.
  • Must be enrolled in college courses pursuing Bachelor's or Master's degree
Occidental Petroleum Corporation (Oxy)

Occidental Petroleum Corporation (Oxy)

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Occidental Petroleum Corporation (Oxy) is a global energy company that produces and sells oil and gas, while also pursuing revenue from carbon management and renewable energy projects. It operates by extracting hydrocarbons and delivering energy to industrial, commercial, and government customers, using technology to reduce costs and improve efficiency. Oxy differentiates itself through a strong focus on ESG metrics, low operating costs, and selective investments in renewables such as solar assets and carbon management initiatives. Its goals are to achieve net zero emissions from its operations by 2040 and net zero emissions from the use of its products by 2050.

Company Size

10,001+

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1920

Simplify Jobs

Simplify's Take

What believers are saying

  • OxyChem sale to Berkshire closed January 2, 2026, cuts debt $5.8B to $15B.
  • Q1 2026 production hits 1.43M boe/day, exceeds guidance despite disruptions.
  • New CEO Richard Jackson's Middle East experience since 2003 bolsters global ops.

What critics are saying

  • STRATOS DAC delays past 2025 trigger greenwashing suits and 40% stock drop.
  • Q1 2026 revenue falls 25% to $5.11B, erodes margins to 6.3% on $15B debt.
  • ExxonMobil's $80B revenue crushes Oxy's scale, forcing margin erosion by 2028.

What makes Occidental Petroleum Corporation (Oxy) unique

  • Oxy pioneers commercial-scale DAC with STRATOS plant online mid-2025.
  • Oxy markets 'net zero oil' using DAC CO2 for enhanced oil recovery.
  • Oxy's Permian solar facility integrates renewables into oil operations.

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Benefits

401(k) Retirement Plan

401(k) Company Match

Relocation Assistance

Hybrid Work Options

Parental Leave

Company News

Yahoo Finance
Apr 3rd, 2026
Occidental Petroleum CEO retires as firm pivots to carbon management and debt reduction

Occidental Petroleum has announced CEO Vicki Hollub's retirement, with Richard Jackson taking over as the company shifts focus towards carbon management and balance sheet transformation. The leadership change follows the sale of OxyChem, refocusing the firm on core energy and low-carbon businesses. The transition comes as Occidental emphasises carbon management alongside financial discipline. At $62.97, shares trade roughly 3% above the $60.88 analyst target, though analysts suggest they remain 45.5% below estimated fair value. Key investor considerations include capital allocation following the OxyChem sale and spending balance between low-carbon projects and traditional oil and gas. The company carries high debt levels, with profit margins declining from 9.8% to 6.3%, making Jackson's execution on leverage and profitability crucial.

Yahoo Finance
Mar 27th, 2026
Occidental Petroleum hits 52-week high as CEO Vicki Hollub to retire after four decades

Occidental Petroleum has raised $120 million in a Series C round led by Ribbit Capital, valuing the company at $1.45 billion. Sequoia and Kleiner Perkins participated, with Emerson Collective joining as a new backer. The pre-revenue company is developing "Mathematical Superintelligence", an AI system focused on advanced reasoning that claims to eliminate hallucinations by requiring outputs in Lean4 programming language, which can be verified for correctness. Its flagship model, Aristotle, achieved top-level performance at the International Mathematical Olympiad in July. Founded in 2023, Harmonic has now raised $295 million across three funding rounds in 14 months. The company currently offers Aristotle via a free API and plans to commercialise in safety-critical industries like aerospace and finance.

Yahoo Finance
Mar 20th, 2026
Occidental up 15.6% since last earnings despite revenue miss, production rises

Occidental Petroleum reported fourth-quarter 2025 earnings of 31 cents per share, beating the Zacks Consensus Estimate of 19 cents by 63.2%, though down 61.3% year over year. Total revenues of $5.42 billion missed estimates by 7.8% and declined 5.2% year over year. Total production volume was 1,481 thousand barrels of oil equivalent per day, exceeding the company's guided range. Shares have risen 15.6% since the last earnings report, outperforming the S&P 500. Occidental strengthened its balance sheet by completing the OxyChem sale on 2 January 2026, reducing debt by $5.8 billion and bringing principal debt to $15 billion. Strong fourth-quarter production was driven by robust contributions from Permian assets, with Gulf of America volumes up 5.1% year over year.

Yahoo Finance
Mar 11th, 2026
Occidental boosts debt tender to $1.2B and removes covenants on 2031 notes

Occidental Petroleum has completed a heavily subscribed cash tender offer, increasing its purchase cap from $700 million to $1.20 billion for several series of senior notes and debentures. The company paired the enlarged tender with consent solicitations that removed covenants and shortened redemption notice on its 6.125% 2031 Notes. The move represents a step towards simplifying Occidental's debt structure and increasing financial flexibility. The company recently raised its quarterly dividend to $0.26 per share, demonstrating how management is allocating cash between shareholders and creditors. Whilst the debt tender and covenant changes appear incremental rather than transformative, investors should monitor oil price volatility and leverage risks. Analysts project mixed outlooks, with some forecasting revenue declining to around $26.2 billion by 2028.

Yahoo Finance
Mar 5th, 2026
Buffett's Occidental Petroleum rises 18% despite falling oil prices and $5.8B OxyChem sale

Occidental Petroleum rose 18.07% to $53.68 over the past year, outperforming despite falling oil prices. The company beat earnings estimates every quarter in 2025, with Q3 delivering a 29.90% EPS beat at $0.64 against consensus of $0.49. The transformative development was Occidental's sale of OxyChem to Berkshire Hathaway for $5.8 billion, which closed in January 2026 and enabled significant debt reduction to $15 billion. Full-year 2025 EPS reached $2.21 on revenue of $22.4 billion. Shares recently surged 6% on US-Iran tensions and Strait of Hormuz supply concerns. However, the consensus analyst target price of $51.88 suggests the stock is slightly overvalued at current levels, with 16 Hold, six Buy and four Sell ratings.