Occidental Petroleum, headquartered in Houston, Texas, explores and produces oil and natural gas, employing 12,570 people and operating in the Permian, DJ basins, and Gulf of Mexico. The company has three segments: oil and gas, chemicals, and midstream and marketing.
OXY has been in the news recently: Occidental Petroleum is one of the companies in the energy sector that investors are focusing on, as energy stocks have recently outperformed. Meanwhile, Berkshire Hathaway, under CEO Greg Abel, reported a decrease in net earnings for 2025 but remains financially strong with significant cash reserves.
📡️ Energy
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