Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. The company is headquartered in Houston, Texas and currently employs 13,323 full-time employees.  The firm is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. The company 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 vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. The company also optimizes its transportation and storage capacity and invests in entities that conduct similar activities.

Occidental Petroleum Corp. terlibat dalam eksplorasi dan produksi minyak serta gas alam. Perusahaan ini berkantor pusat di Houston, Texas dan saat ini mempekerjakan 13.323 karyawan penuh waktu. Perusahaan ini merupakan produsen minyak dan gas di Amerika Serikat, termasuk produsen di cekungan Permian dan DJ, serta di lepas pantai Teluk Meksiko. Perusahaan beroperasi melalui tiga segmen: minyak dan gas, kimia, serta midstream dan pemasaran. Segmen minyak dan gas mengeksplorasi, mengembangkan, dan memproduksi minyak (yang termasuk kondensat), cairan gas alam (NGL), dan gas alam. Segmen kimia terutama memproduksi dan memasarkan bahan kimia dasar dan vinil. Segmen midstream dan pemasaran membeli, memasarkan, mengumpulkan, memproses, mengangkut, dan menyimpan minyak (yang termasuk kondensat), NGL, gas alam, karbon dioksida (CO2), dan energi. Segmen midstream dan pemasaran menyediakan jaminan aliran dan memaksimalkan nilai minyak dan gasnya. Perusahaan juga mengoptimalkan kapasitas transportasi dan penyimpanannya serta berinvestasi dalam entitas yang melakukan kegiatan serupa.

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