US6745991058 - Common Stock - After market: 68.66 +0.94 (+1.39%)
NYSE:OXY (5/16/2022, 7:23:06 PM)+3.64 (+5.68%)
|GICS Industry||Oil, Gas & Consumable Fuels|
|Earnings (Last)||05-10 2022-05-10/amc||Earnings (Next)||08-01 2022-08-01|
|Ins Owners||0.2%||Inst Owners||65.81%|
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Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. The company is headquartered in Houston, Texas and currently employs 11,678 full-time employees. The firm primarily conducts its ongoing exploration and production activities in the United States, the Middle East and North Africa. Within the United States, it has operations in Texas, New Mexico and Colorado, as well as offshore in the Gulf of Mexico. The firm operates through three reporting segments: oil and gas, chemical and midstream and marketing. The oil and gas segment explores for, develops and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The chemical segment (OxyChem) primarily manufactures and markets basic chemicals and vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. Its midstream and marketing segment also includes Occidental’s low carbon ventures (OLCV) businesses.
OCCIDENTAL PETROLEUM CORP
5 Greenway Plz Ste 110
Houston TEXAS 77046
CEO: Vicki Hollub
The company, controlled by Warren Buffett, bought $51 billion of stock in the period, much of that in March as the market sold off.
Energy experts say drivers should prepare for even higher oil and gas prices.
The oil boom continues to create profitable opportunities for energy stocks. That makes them an obvious choice for top stock trades.
Buffett's Berkshire added to Apple and Chevron during the Q1 sell-off. More details to come.
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