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
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