34.11000 EUR
0.86
2.46%
Last update Dec 15, 3:02 PM CET
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Day range
34.11000
35.064999
Previous close
34.97000
Open
35.0050011
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Occidental Petroleum Corporation
34.11
0.86
2.46%

Overview

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Description

Occidental Petroleum Corporation is a renowned American oil and gas exploration and production company. Primarily engaged in the acquisition, exploration, and development of hydrocarbon resources, Occidental's operations are meticulously conducted within the United States, the Middle East, and Latin America. It plays a pivotal role in the energy sector by supplying crude oil, natural gas, and natural gas liquids, supporting various industries reliant on these essential resources. Moreover, Occidental is significantly involved in the chemical business through its subsidiary, Occidental Chemical Corporation, which produces basic chemicals, vinyls, and performance chemicals. The company's prominence in the market is underscored by its commitment to sustainability, aiming to reduce carbon emissions and implement innovative carbon capture and storage technologies. As a major player in the energy industry, Occidental Petroleum Corporation contributes to meeting global energy demands while navigating the challenges posed by fluctuating oil prices and shifting regulatory landscapes. Its diversified operations and strategic initiatives highlight its role as a key entity within the broader energy market.

About

CEO
Ms. Vicki A. Hollub
Employees
13323
Address
5 Greenway Plaza
Suite 110
Houston, 77046-0521, TX
United States
Phone
713 215 7000
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
Italy
MIC code
XMIL
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