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OC
International Oil Company
Upstream
NYSE: OXY
Occidental
Houston, Texas, United States · Established 1920 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Occidental Petroleum Corporation is a US upstream company with Permian Basin leadership, enhanced oil recovery expertise, and DAC (direct air capture) via 1PointFive subsidiary. The Anadarko acquisition created the largest Permian acreage position among independents.
FY2024 revenue approximated $28 billion with net income near $4.5 billion. Permian production exceeded 750 kbpd with industry-leading EOR recovery rates using CO2 injection. Berkshire Hathaway holds approximately 28% stake.
Stratu...
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