Occidental Petroleum Corporation | Company profile from Hoover's

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Occidental Petroleum Corporation · Los Angeles, CA United States(NYSE: OXY)

Company Description

10889 Wilshire Blvd.
Los AngelesCA
90024
United States (Map)
Phone: 310-208-8800
Fax: 310-443-6690
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Rankings
  • #80 in FT Global 500
  • #150 in FORTUNE 500
  • S&P 500
More Companies in: Los Angeles, California
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Harnessing its heritage of Western technical know-how, Occidental Petroleum engages in oil and gas exploration and production and makes basic chemicals, plastics, and petrochemicals. In 2009 the oil giant reported proved reserves of 3.2 billion barrels of oil equivalent in the US, the Middle East, North Africa, and Latin America. Subsidiary Occidental Chemical (OxyChem) produces acids, chlorine, and specialty products; it also owns OxyVinyls, the #1 producer of polyvinyl chloride (PVC) resin in North America. Occidental Petroleum's midstream and marketing operations gather, treat, process, transport, store, trade, and market crude oil, natural gas, NGLs, condensate, and CO2, and generate and market power. To read the full description, subscribe now.

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Key Occidental Petroleum Corporation Financials

Company TypePublic - NYSE: OXY

Headquarters
Fiscal Year-EndDecember
2009 Employees10,100

Occidental Petroleum Corporation Executives

33 executives listed for Occidental Petroleum Corporation's Los Angeles, CA location.
TitleName & BioContact
Chairman and CEORay IraniEmail
President, COO, and DirectorStephen ChazenEmail
EVP and CFOJames LienertEmail

Competition

Competitive Landscape for Occidental Petroleum Corporation
Because chemicals are used to make a wide variety of industrial and consumer products, demand is driven by the overall health of the US economy. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $900,000. To read the full description, subscribe now.
Top Occidental Petroleum Corporation Competitors

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