Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Occidental Petroleum Corporation

The Strait of Hormuz is expected to reopen in 30 days. 


Oil Exports from the Middle East to Normalize by Late August, Says Goldman Sachs (GS)

Trump’s comments this week have led to big swings in crude prices. 


Oil Prices Plunge as Trump Says Iran Peace Deal Has Been Approved

Oil prices have risen nearly 40% since the end of February. 


Crude Oil Prices Jump As Trump Issues New Threat to Iran

The waterway is critical to the global energy market. 


Bets on Kalshi Says Oil Shipments in Strait of Hormuz Won’t Normalize Until Next Year

Stocks ended the week sharply lower as a stronger-than-expected May jobs report pushed bond yields higher and hit the market’s biggest winners. The...

The Week That Was, The Week Ahead: Macro and Markets, June 7

Shipments out of the Persian Gulf remain constrained. 


CVX, SHEL, OXY: OPEC’s Crude Oil Output Falls to Lowest Level in 37 Years

The Strait of Hormuz remains effectively closed.


Morgan Stanley (MS) Says It’ll Take Four Months for Middle East Oil Production to Recover

Goldman Sachs (GS) Lifts Year-End Target on S&P 500 Index as Earnings Remain Strong

Gas prices are likely to move even higher this summer. 


Piper Sandler (PIPR) Says Strait of Hormuz Likely to Remain Closed for Months

Barclays upgraded Occidental Petroleum ($OXY) to Buy from Hold and raised its price target to $72 from $59. Four-star analyst Betty Jiang argued th...

	A	B	C	D
1	Symbol	Price	Change	Volume
2	OXY	$51.48	-0.67%	2.51M
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	A	B	C	D
1	Symbol	Price	Change	Vol
2	OXY	$51.48	-0.7%	2.51M
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OXY

OXY

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