Occidental Petroleum Corp is an international oil and gas exploration and production company. The Company has operations in the United States, Middle East and Latin America. It operates through three segments: Oil and Gas, Chemical (OxyChem) and Midstream and Marketing. Its Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas. Its OxyChem segment primarily manufactures and markets basic chemicals and vinyls. OxyChem also manufactures polyvinyl chloride (PVC) resins, chlorine and caustic soda and has manufacturing facilities in the United States, Canada and Latin America. Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGL, natural gas, carbon dioxide and power. Through its subsidiary, Oxy Low Carbon Ventures, LLC it develops carbon capture, utilization and storage projects that source anthropogenic carbon dioxide.
http://www.oxy.comWhy are Occidental Petroleum Shares attractive?
The main reason why investors and traders decide to buy Occidental Petroleum shares (ticker OXY) is the popularity and reliability of the company. It was founded over 100 years ago, in 1920 in Los Angeles, USA. Its main activity is oil and gas production, but through a series of subsidiaries and enterprises (OxyChem, OxyVinyls, INDSPEC Chemical Corporation) it is also present in the chemical industry. Occidental Petroleum is considered one of the largest players in the petrochemical industry not only in the United States, but also in the world. This is confirmed by regular participation in the Fortune Global 500 ranking, which annually includes corporations with the highest revenues from around the world. In 2020, it ranked 148th with annual profits of over $21 bn, 16% more than in 2019.
Your access to OXY shares
Occidental Petroleum is listed on the New York Stock Exchange (NYSE). To buy shares in a company, you need to use the services of a broker that provides access to world markets.
Our clients can open an MT5 Global trading account, with which they can invest in the assets of the world's largest companies, but also work with trading instruments of various types - from stocks to futures and bonds. In addition, you can work with the account and exchanges through one of the most popular and advanced platforms - MetaTrader 5.
Another advantage is reliable information support. On the Trading Instruments page, we provide all the necessary information about Occidental Petroleum and its assets. This includes the current share price, the current capitalization of the company and the most important news from the financial world.
How to buy OXY shares?
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