OXY - Occidental Petroleum - Stock & Dividends

Occidental Petroleum Corporation is a leading energy company that explores, develops, and produces oil and gas properties across the United States, the Middle East, and North Africa. Through its three main business segments, the company operates a diverse range of operations that span the entire energy value chain.

The Oil and Gas segment is the backbone of the company, responsible for exploring, developing, and producing oil, condensate, natural gas liquids (NGLs), and natural gas. This segment is critical to the company's growth and profitability, and Occidental Petroleum has a strong track record of finding and extracting hydrocarbons from its vast portfolio of assets.

In addition to its oil and gas operations, Occidental Petroleum also has a significant Chemical segment that manufactures and markets a range of basic chemicals, including chlorine, caustic soda, and vinyls. These chemicals are used in a variety of applications, from water treatment and paper manufacturing to pharmaceuticals and construction materials. The company's chemical operations are a key contributor to its revenue and profitability.

The Midstream and Marketing segment is responsible for gathering, processing, transporting, storing, and marketing the company's oil, condensate, NGLs, natural gas, and other energy products. This segment also invests in various entities, providing Occidental Petroleum with a diversified revenue stream and opportunities for growth. The company's midstream operations are strategically located to maximize the value of its energy products and provide a competitive edge in the market.

With a rich history dating back to 1920, Occidental Petroleum Corporation is headquartered in Houston, Texas, and has grown into a global energy leader with operations spanning multiple continents. The company's commitment to safety, sustainability, and innovation has earned it a reputation as a responsible and reliable energy partner. For more information, visit the company's website at https://www.oxy.com.