Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties across various regions including the United States, the Middle East, Africa, and Latin America. The company operates through three main segments: Oil and Gas (approximately 60% of revenue), Chemical (about 30%), and Midstream and Marketing (around 10%). Revenue is primarily generated from the sale of oil, natural gas, and chemical products. Factors supporting the company's endurance include its established presence in multiple regions and diverse product offerings, while volatility in oil prices and regulatory challenges could limit its long-term stability.
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Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties across various regions including the United States, the Middle East, Africa, and Latin America. The company operates through three main segments: Oil and Gas (approximately 60% of revenue), Chemical (about 30%), and Midstream and Marketing (around 10%). Revenue is primarily generated from the sale of oil, natural gas, and chemical products. Factors supporting the company's endurance include its established presence in multiple regions and diverse product offerings, while volatility in oil prices and regulatory challenges could limit its long-term stability.
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Daily adjusted close
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties across various regions including the United States, the Middle East, Africa, and Latin America. The company operates through three main segments: Oil and Gas (approximately 60% of revenue), Chemical (about 30%), and Midstream and Marketing (around 10%). Revenue is primarily generated from the sale of oil, natural gas, and chemical products. Factors supporting the company's endurance include its established presence in multiple regions and diverse product offerings, while volatility in oil prices and regulatory challenges could limit its long-term stability.