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OXY
StockOccidental Petroleum Corp
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Description
Occidental Petroleum Corp is an integrated energy company that explores for, develops and produces crude oil, natural‑gas liquids and natural gas, while also operating midstream gathering, processing, transportation and storage assets. Its chemical segment, OxyChem, manufactures basic chemicals and vinyl products, and the firm has invested in carbon‑management technologies such as carbon‑capture, utilization and storage projects. The company is classified in the energy sector, specifically oil and gas exploration and production, with additional exposure to chemicals and low‑carbon solutions. Occidental is one of the largest independent oil producers in the United States, with a strong foothold in the Permian Basin and a growing profile in carbon‑reduction initiatives.
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