OPC - 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 subsidiaries, the company operates three main business segments.

The Oil and Gas segment is responsible for finding and extracting oil, condensate, natural gas liquids (NGLs), and natural gas from the ground. This involves drilling and operating wells, as well as maintaining and improving existing infrastructure to optimize production.

In addition to its oil and gas operations, Occidental Petroleum Corporation has a significant Chemical segment that manufactures and markets a range of basic chemicals. These include essential products like chlorine, caustic soda, and vinyls, which are used in various industries such as construction, manufacturing, and water treatment. The company's chemical products are also used in the production of plastics, pharmaceuticals, and other consumer goods.

The Midstream and Marketing segment plays a critical role in the company's operations, as it gathers, processes, transports, and stores oil, condensate, NGLs, natural gas, and other energy products. This segment also markets these products to customers, as well as invests in other energy-related entities to further expand its reach.

With a rich history dating back to 1920, Occidental Petroleum Corporation has established itself as a major player in the global energy industry. Headquartered in Houston, Texas, the company continues to drive innovation and growth, with a strong commitment to safety, sustainability, and community engagement. For more information, visit their website at https://www.oxy.com.