Occidental Petroleum Corporation (OXY)

Occidental Petroleum Corporation, often referred to as Oxy, is a prominent American oil and gas exploration and production company. Founded in 1920, Oxy has grown to become one of the largest oil producers in the United States, with significant operations in the U.S., the Middle East, and Latin America. The company's portfolio includes assets in oil and natural gas exploration, petrochemical manufacturing, and carbon management. As of 2023, the CEO of Occidental Petroleum is Vicki Hollub, who has been leading the company since 2016. Under her leadership, Oxy has focused on sustainability and innovation, seeking to reduce carbon emissions through various technologies and initiatives. The company is headquartered in Houston, Texas, and reported a revenue of approximately $36 billion in 2022. Occidental is publicly traded on the New York Stock Exchange under the ticker symbol "OXY." Known for its strategic acquisitions and bold industry moves, Oxy's acquisition of Anadarko Petroleum in 2019 notably expanded its oil and gas assets. With a focus on balancing traditional energy production with environmental responsibility, Oxy is reshaping its business to align with evolving industry and global energy demands.