Occidental Petroleum Corp

NYSE: OXY
$67.00
+$0.37 (+0.6%)
Closing price April 22, 2024
Occidental Petroleum Corp is a leading energy company specializing in oil and gas exploration and production, with a significant presence in the United States, the Middle East, and North Africa. It operates across three main segments: Oil and Gas, Chemical, and Midstream and Marketing. The company focuses on discovering and producing oil, natural gas liquids, and natural gas, alongside manufacturing basic chemicals and vinyls. It also plays a crucial role in the transportation, storage, and marketing of these resources. Founded in 1920, Occidental has its headquarters in Houston, Texas.
Exxon Mobil reportedly is considering an offer of $60 billion to acquire Permian Basin producer Pioneer Natural Resources. It would be the year's largest acquisition.
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