Occidental Petroleum (OXY-WT) Stock Analysis

What Occidental Petroleum does

Operating globally, Occidental Petroleum Corporation and its affiliates are involved in finding, acquiring, and developing petroleum and natural gas reserves across the United States, the Middle East, Africa, and Latin America. The company's business activities are structured into three distinct divisions: Oil and Gas, Chemical, and Midstream and Marketing. Within the Oil and Gas segment, the focus is on discovering, developing, and extracting crude oil, condensate, natural gas liquids (NGLs), and natural gas. The Chemical division is responsible for the production and distribution of fundamental industrial chemicals, such as chlorine, caustic soda, various chlorinated organic compounds, potassium-based chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride. It also produces vinyl-based products, specifically vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment undertakes the collection, processing, shipment, storage, procurement, and sale of various commodities including oil, condensate, NGLs, natural gas, carbon dioxide, and electrical power. Additionally, this segment leverages its transport and storage infrastructure for trading operations and makes investments in associated ventures. Founded in 1920, Occidental Petroleum Corporation maintains its corporate headquarters in Houston, Texas.

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Frequently asked questions

What is the ticker symbol for Occidental Petroleum?

Occidental Petroleum trades under the ticker OXY-WT on NYSE.

Which exchange is OXY-WT listed on?

OXY-WT is listed on NYSE.

What sector does Occidental Petroleum operate in?

Occidental Petroleum is classified in the Energy sector (Oil & Gas Exploration & Production industry).

How can PortView help analyze OXY-WT in a portfolio?

PortView shows OXY-WT's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.