Full-Time
Electrical Specialist 2
Permian EOR
Updated on 9/4/2026
Occidental Petroleum
10,001+ employees
Oil, gas production; carbon management focus
No salary listed
Denver City, TX, USA
In Person
This position is at the Wasson Plant and is not eligible for relocation.
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- A high school diploma, GED, or equivalent experience.
- At least 4 years of oilfield and/or electrical and electric distribution systems experience.
- Knowledge of electricity and electronics related to industrial electrical equipment, solid-state devices, circuits, wiring, and equipment.
- Ability to troubleshoot and repair 110- through 480-volt alternating-current and direct-current equipment, including 5-kilovolt and 15-kilovolt equipment.
- Ability to use digital multimeters, meggers, amp meters, ohm meters, phase rotation meters, and other electrical and mechanical testing instruments.
- Ability to read electrical schematics, blueprints, and diagrams and use test equipment for troubleshooting.
- Knowledge of switchboard control panels, motor circuits, building and lighting circuits, and control and relaying circuits.
- Knowledge of mechanical and microprocessor relay logic and ladder logic, including programming simple ladder logic programs.
- Ability to safely supervise electrical contractor work for distribution and transmission line work and troubleshoot equipment across a wide voltage range.
- Ability to perform preventive maintenance on electrical equipment such as switchgear and breakers.
- Analytical, problem-solving, diagnostic, and complex electrical distribution system repair skills.
- Ability to work autonomously with minimal supervision and manage time, multiple tasks, and priorities.
- Strong written and verbal communication skills, including technical writing.
- Ability to manage and maintain invoices and billing.
- Computer skills, networking knowledge, and proficiency with the Microsoft Office software suite.
- A valid driver's license and excellent driving record.
- Knowledge of National Electrical Code and Occupational Safety and Health Administration standards.
- Troubleshoot, install, program, calibrate, maintain, and repair electrical equipment and electric distribution systems to improve plant operation and uptime and reduce operating costs.
- Participate in the electrical safety program.
- Participate in risk assessments as part of Integrated Safe System of Work and Permit to Work preparation.
- Assist staff with information regarding electrical systems within the plant and at off-site locations.
- Coordinate maintenance work with other sections, contractors, and engineers and estimate repair time, materials, and equipment requirements.
- Examine electrical systems and make recommendations for new equipment, repairs, and modifications.
- Perform electrical preventive maintenance, tagout/lockout, motor disconnection and removal, and emergency response.
- Maintain records of maintenance and repair work and prepare reports, documentation, and correspondence.
- Bend pipe and install electrical conduit, equipment, feeders, branch circuits, motors, and lighting.
- Find and repair faults in systems and equipment.
- Inspect electrical installations to determine maintenance requirements and procedures.
- Draw and read electrical and mechanical schematics, blueprints, and diagrams.
- Test and maintain electric motors, variable frequency drives, alarms, and control systems.
- Oversee electrical projects and major upgrades.
- A journeyman's license.
- Completion of a Department of Labor Apprenticeship Program.
- Leadership, management, and mentoring abilities.
Occidental Petroleum (Oxy) is a global energy company that produces oil and natural gas and also works in carbon management and renewable energy. It operates by extracting and selling energy products to a worldwide customer base, while continuously investing in technology to lower costs and reduce environmental impact. Its operations span the United States, Middle East, Africa, and Latin America, and the company runs renewable projects such as a solar facility in the Permian Basin to support its energy mix. Compared with rivals, Oxy differentiates itself through its focus on environmental, social, and governance (ESG) metrics, low-cost operations, and the use of renewable energy and carbon-management initiatives to improve efficiency and reduce emissions. The company’s stated goal is to achieve net zero emissions from its operations by 2040 and net zero emissions from the use of its products (end-use) by 2050.
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1920
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Simplify's Take
What believers are saying
- Second-quarter 2026 free cash flow hit $3.0 billion, the best since third quarter 2022.
- Debt fell to $11.8 billion by August 2026, nearing the $10 billion target.
- Management lifted the quarterly dividend 8% to $0.28 and expects $4 billion cash-flow gains by 2030.
What critics are saying
- September 1, 2026 antitrust litigation survived dismissal, exposing Occidental to damages and discovery.
- Flat 2027 production and spending guidance signals limited growth after the 2026 debt push.
- Berkshire’s preferred equity charges 8% annually, draining cash until redemption begins in 2029.
What makes Occidental Petroleum unique
- Occidental pairs Permian Basin scale with Stratos, targeting 500,000 tons annual DAC removal.
- Richard Jackson became CEO June 1, 2026, emphasizing debt discipline over empire building.
- OxyChem sale to Berkshire on January 2, 2026 sharpened Occidental into a pure upstream cash machine.
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Growth & Insights and Company News
6 month growth
↑ 6%1 year growth
↑ 6%2 year growth
↑ 6%President Donald Trump's nine largest oil and gas holdings gained between $1.5 million and $4.4 million in the first six months of the Iran war, according to a CNBC analysis of his financial disclosure and market data. The holdings include Chevron, ExxonMobil, and seven other energy companies. CNBC calculated gains using share-price movements from 27 February, the day before hostilities began, through 31 August. Trump's accounts showed at least 23 sell transactions across the nine stocks through 29 June. A White House spokesman said Trump plays no role in trading decisions, with all investments managed independently. Ethics watchdogs disputed this, noting Trump still knows his heavy energy investment positions. The nine firms posted combined second-quarter profits of $47.6 billion, triple the prior year's figure. US crude prices rose roughly 36% since the war started.
Occidental Petroleum exceeded Wall Street expectations in its second quarter, driven by operational efficiency and cost control across US and international assets. Revenue reached $8.33 billion, beating analyst estimates of $7.22 billion by 15.3%, whilst adjusted earnings per share of $2.40 surpassed expectations of $1.86 by 29%. Chief executive Richard Jackson highlighted the company's success in reducing debt and improving production efficiency, particularly in the Permian Basin. Chief financial officer Sunil Mathew noted that operational execution generated the highest quarterly free cash flow since 2022. During the earnings call, analysts questioned the company's cash flow improvement timeline, capital allocation priorities, and sustainability of cost savings. Management confirmed debt reduction remains the top priority, with dividend growth measured and share buybacks opportunistic until the preferred redemption in 2029.
Occidental Petroleum's shares rose 4.9% on Thursday after the oil and gas producer generated $3 billion in free cash flow, its strongest quarterly performance since Q3 2022. The company used the cash to cut debt by $1.9 billion to $11.8 billion, moving within $1.8 billion of its $10 billion debt target. Operating cash flow reached $5.1 billion whilst capital spending remained at $1.6 billion. Occidental also raised its quarterly dividend 8% to $0.28 per share. Production averaged 1.433 million barrels of oil equivalent per day, exceeding guidance. Adjusted earnings hit $2.40 per diluted share on net income of $2.8 billion. Realised crude prices jumped 38% sequentially to $96.78 per barrel, boosting profitability. The stock now trades at $56.29, roughly 22.4% above its estimated fair value of $45.99.
Occidental Petroleum reported net income of $2.8 billion for the second quarter of 2026, up from $288 million a year earlier. Adjusted income rose to $2.4 billion, or $2.40 per diluted share, from $296 million, or $0.26 per share, in the same period of 2025. The improvement was driven by higher crude prices and a turnaround in midstream operations. Occidental's average worldwide realized crude price increased 38% sequentially to $96.78 per barrel. The midstream segment generated $1.3 billion in pre-tax income, reversing a $87 million loss in the previous quarter. Global production averaged 1.433 million barrels of oil equivalent per day, above guidance. Occidental reduced principal debt by $1.9 billion to $11.8 billion and raised its quarterly dividend 8% to $0.28 per share.
US President Donald Trump announced negotiations with Iran would begin Monday, focusing on reopening the Strait of Hormuz and the country's nuclear programme. The news sent crude oil prices tumbling, with Brent futures down 4.6% to $83.88 per barrel and WTI futures falling 4.5% to $77.80. The United States Oil Fund dropped more than 6% in premarket trading. Energy stocks also declined, with Chevron falling 1.2% and Exxon Mobil slipping 1.6%. Occidental Petroleum lost 1.5%, whilst Devon Energy and APA Corp dropped 2.6% and 2.8% respectively. Separately, Barclays raised its price target on Chevron to $216 from $213, citing record Permian production and stronger refining margins following the company's second-quarter results.