OXY03 – Occidental Petroleum Corporation (OXY) - Integrated Energy Leader Investing in the Future of Carbon Management
Occidental Petroleum Corporation (OXY)
Occidental Petroleum Corporation (NYSE: OXY) is one of the largest integrated energy companies in the United States, with core operations focused on the exploration and production of oil and natural gas. The company has a significant presence in the Permian Basin, one of the world's most productive energy regions, providing a strong foundation for long-term production and cash flow.
Beyond its upstream energy business, Occidental operates OxyChem, a leading manufacturer of basic chemicals and specialty products, while also expanding into low-carbon technologies through its subsidiary 1PointFive, which develops carbon capture, utilization, and storage (CCUS) and direct air capture (DAC) solutions to help reduce greenhouse gas emissions.
Backed by Berkshire Hathaway as one of its largest shareholders, Occidental is strategically positioned to balance traditional energy production with investments in emerging carbon management technologies. While its financial performance remains closely tied to oil and natural gas prices, the company is actively pursuing opportunities in the transition toward a lower-carbon energy future.
Additional Details
Occidental Petroleum Corporation (OXY)
Issuer
Pi Securities Public Company Limited
DR Symbol
OXY03
DR Reference Ratio
1000 DR : 1 UL
Underlying Security
Occidental Petroleum Corporation (OXY)
Type of Underlying Security
Common Stock
Exchange of Underlying Security
U.S. Equities Exchanges
Reference Asset Issuer’s Website