US6745991058 - Common Stock
NYSE:OXY (3/31/2023, 1:23:06 PM)+0.2 (+0.32%)
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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 11,973 full-time employees. The firm operates through three 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 primarily manufactures and markets basic chemicals and vinyl’s. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil, NGL, natural gas, carbon dioxide (CO2) and power. Midstream and marketing segment also includes Occidental’s low-carbon venture businesses (OLCV). OLCV develops carbon capture, utilization and storage (CCUS) projects, including the commercialization of DAC technology, and invests in other low-carbon technologies intended to reduce GHG emissions from its operations and partners with other industries to help reduce their emissions.
OCCIDENTAL PETROLEUM CORP
5 Greenway Plaza, Suite 110
Houston TEXAS 77046
P: 17132157000.0
CEO: Vicki Hollub
Employees: 11973
Website: https://www.oxy.com/
Over $5.3 billion of Berkshire Hathaway's $6.14 billion in annual dividends will be collected this year from just seven brand-name companies.
Buffett increased his position in Occidental once again on the recent oil price dip.
This oil stock could become one of Berkshire's top three holdings.
This is the only stock the Oracle of Omaha has purchased in each of the past two bear markets.
Never underestimate the power of the Buffett Effect.
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