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Occidental Petroleum (OXY)

Energy · Integrated oil and gas exploration and production

Occidental Petroleum is a major integrated oil and gas exploration, production, and midstream company exposed directly to global commodity prices after divesting its chemicals business.

What Occidental Petroleum does

Occidental Petroleum Corporation is an energy company that explores for, develops, and produces oil, natural gas, and natural gas liquids from properties in the United States and internationally. Following the January 2026 sale of its OxyChem chemical division to Berkshire Hathaway, the company is now focused primarily on upstream oil and gas production. The company generates revenue from the sale of crude oil, NGL, and natural gas commodities, with financial results highly correlated to global and local commodity prices.

Themes: ["Commodity price exposure"]

Fundamentals

Dividend: yield +2.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Volatile commodity pricing: Financial results are highly sensitive to fluctuations in global oil, natural gas, and NGL prices, which are driven by factors beyond the company's control including geopolitical events, OPEC actions, and economic conditions."]

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Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.