Occidental Petroleum Corporation is an international energy company engaged in oil and natural gas exploration and production, chemicals manufacturing, and midstream and marketing. Its oil and gas segment operates primarily in the Permian Basin, the Gulf of Mexico, and the Middle East, with additional interests in Latin America. The company also holds a major position in the Permian through its Anadarko acquisition, and it operates the OxyChem chemicals business, a producer of chlorovinyl products such as PVC and caustic soda used in construction, water treatment, and other industrial markets. Occidental sells crude oil, natural gas, and natural gas liquids to refiners, marketers, and industrial customers, while midstream operations gather, process, and transport hydrocarbons. It also pursues carbon management ventures, including enhanced oil recovery and direct air capture projects. Revenue comes mainly from hydrocarbon sales and chemical product sales.

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