Occidental Petroleum Corporation (OXY)
Occidental Petroleum Corporation operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $56.86, down 2.04% on the session, giving a market capitalisation of $56.55B. On trailing twelve-month figures it carries a trailing P/E of 8.55, a net margin of 28.8%. Its beta of 0.16 implies it has historically moved less than the broad market.
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Occidental Petroleum Corporation is most often compared with the following Energy names: