Occidental Petroleum Corporation (NYSE: OXY) is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. Occidental's midstream and marketing segment gathers, processes, transports, stores, purchases and markets hydrocarbons and other commodities. Occidental's wholly owned subsidiary, OxyChem, is a major North American chemical manufacturer.

Occidental's success is built on technical expertise, business acumen, strong partnerships and proven ability to deliver lasting results. With approximately 35,000 employees and contractors worldwide at year-end 2015, we are committed to being a Partner of Choice® everywhere we operate.

Occidental is committed to respecting the environment, operating safely and upholding high standards of social responsibility throughout the company's worldwide operations.

Throughout this website, "Occidental" or "Oxy" refers to Occidental Petroleum Corporation, a Delaware corporation, its subsidiaries and affiliates.

Occidental Oil and Gas 

Occidental engages in oil and natural gas exploration and production in three core areas: the United States, Middle East and Latin America. We are a worldwide leader in applying advanced technology to boost production from mature oil and natural gas fields and access hard-to-recover reserves. We have consistently replaced and expanded reserves through improved recovery, strategic acquisitions and focused exploration.

Midstream and Marketing

Occidental's midstream and marketing segment gathers, processes, transports, stores, purchases and markets hydrocarbons and other commodities. It also trades around its assets, including transportation and storage capacity, and trades oil, NGLs, gas and other commodities. Additionally, the midstream and marketing segment invests in entities that conduct similar activities.

OxyChem

OxyChem is a leading North American manufacturer of polyvinyl chloride (PVC) resins, chlorine and caustic soda – key building blocks for a variety of indispensable products such as plastics, pharmaceuticals and water treatment chemicals. OxyChem’s market position is first or second in the United States for the principal products it manufactures and markets. OxyChem is the largest U.S. merchant marketer of caustic soda and the world's largest producer of caustic potash and calcium chloride. Headquartered in Dallas, OxyChem has manufacturing facilities in the United States, Canada and Latin America.

Occidental has earned a reputation for consistently delivering results that add value. We strive to be a trusted partner everywhere we operate, recognized for our expertise, experience and ability to collaborate for success.

Our Vision

To continue at the forefront of our industry as a strong performer, globally respected, financially sound, and positioned to generate future value for Occidental's stockholders.

Our Mission

To develop energy resources safely, profitably and responsibly to maximize shareholder value.

Our Values

At Occidental, what we do is important — and how we do it is even more so. Guided by our values of integrity, innovation and investment, we work hard to earn the high regard of our partners, investors and other stakeholders around the world.

• Integrity

  We demand integrity and personal accountability at every level of the company with an unwavering commitment to safety and environmental stewardship.

• Innovation

  We promote innovation that improves processes and results. Setting high standards for everyone who works at Occidental, we reward top performance and ingenuity.

• Investment

  We strategically invest in our assets around the world, and we invest in our employees to ensure they have every opportunity to grow professionally and excel.

Occidental Petroleum Corporation's success is built on strong partnerships, technical expertise, business acumen and a proven ability to deliver superior results. We continually invest in the company and our employees, proactively innovate to improve processes and results, and strive to meet the highest standards of integrity and safety in the workplace.

Our overall strategy is to invest in projects that generate long-term value, achieve returns well above our cost of capital while maintaining a conservative balance sheet. Our company is uniquely situated, in terms of size and scale, between the peer groups of large integrated oil majors and the independent exploration and production companies – making it an attractive investment alternative that combines the positive elements of both groups.

We are primarily an oil producer. Our core U.S. operations are in the Permian Basin of West Texas and southeast New Mexico, where we have significant acreage and are the leading producer. Internationally, we are regarded as a premier partner in our focus areas of Oman, Qatar and the United Arab Emirates (UAE) in the Middle East, as well as in Colombia. We also have complementary midstream and world-class chemical businesses. This portfolio of assets provides robust free cash flow that requires modest capital investment, complemented by our high-growth unconventional oil and gas operations in the Permian Basin.

We are committed to conducting our business in a manner that safeguards our employees, protects the environment, benefits neighboring communities and strengthens regional economies. We take particular pride in Occidental’s safety record, which is exemplary not only in the oil and gas and chemicals industries, but compared to any industry sector. Our goal is to be a Partner of Choice®, everywhere we operate.

All of this is made possible by our talented global workforce of approximately 35,000 employees and contractors, who enable us to operate effectively in highly diverse cultural environments. As a company, we work hard to ensure that Occidental consistently merits the confidence of our investors, partners and other stakeholders around the world.