Occidental Petroleum (OXY)

Overall impact
F (9)

Commentary

Occidental Petroleum is a poor overall performer. With an 'F' rating of 8.9 for overall impact (bottom 10% of all companies), Occidental Petroleum ranks 83rd out of 95 industry peers, behind EQT Corporation, Kosmos Energy, Hess Midstream Partners and 79 others, and ahead of APA Corporation, Gulfport Energy, Petroleos de Venezuela and 9 others. On top material causes for Occidental Petroleum's industry (Oil & Gas), Occidental Petroleum performs well in Quality Lifelong Education (86.7 score) and performs poorly in Accountable Institutions (23.5 score), Renewable Energy Growth (0.0), Sustainable Use of Natural Resources (0.0) and 14 other causes where it received a 'D' or 'F' score.
Impact
Cause OXY
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Company
Founded
1920
Employees
13,323
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Oil & Gas Storage & Transportation
SASB industry
Building Products & Furnishings
Headquarters
Tx, United States
Share classes
OXY
Mission
To achieve excellence in our industry as the​ leader, globally respected, financially sound and positioned to generate future value for Occidental's stakeholders
Description
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Material causes
Ethos considers the following causes material for Occidental Petroleum, based on its industry sub-industry Oil & Gas Storage & Transportation. Learn more about material causes in our methodology overview.
Not available

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