Occidental Petroleum Corporation

Occidental Petroleum Corporation

Occidental Petroleum Corporation

Overview
Date Founded

1920

Headquarters

5 Greenway Plaza, Suite 110, Houston, TX, 77046-0521, USA

Type of Company

Public

Employees (Worldwide)

14.4K

Industries

Oil & Gas
Power & Utilities

Company Description

Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon dioxide management to advance a lower-carbon world.??

Contact Data
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Executives & Employees

President & Chief Executive Officer

Senior Vice President & Chief Financial Officer

Vice President & General Counsel

Senior Vice President, General Counsel & Chief Compliance Officer

Vice President, Chief Accounting Officer & Controller

Executive Vice President Group Chairman, Middle East

President & General Manager, Permian Resources & Rockies

President-Domestic Oil & Gas

President Occidental Chemical Corporation

Senior Vice President, Business Support

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Owners & Shareholders
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Dodge & Cox employs in-house, fundamental bottom-up research, a rigorous valuation discipline, and maintains a long-term investment horizon. Their investment decisions are made by a team of seasoned investment professionals. The firm’s approach stresses an evaluation of risk relative to opportunity and they seek investments that they believe are undervalued by the market.

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Icahn Associates Holding LLC is an independent hedge fund manager headquartered in New York City. The firm is affiliated with Icahn Enterprises LP (NASDAQ: IEP), a Delaware master limited partnership and diversified holding company engaged in nine primary business segments: Investment, Automotive, Energy, Railcar, Mining, Food Packaging, Metals, Real Estate and Home Fashion. Icahn Associates Holding manages assets of high net-worth clients.

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Adams Asset Advisors offers advice and recommendations on all types of investments, including equities, corporate debt, municipal securities, U.S. government securities, investment company securities, options on securities and interests in partnerships. They suggest overall asset allocations and specific investments but tailor their advisory services to the individual needs of their clients.

Recent Transactions
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Occidental Petroleum Corporation purchases Anadarko Petroleum Corporation

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Flatrock Energy Advisors LLC, Moda Midstream LLC purchase Occidental Petroleum Corp. /Ingleside Energy Center Terminal from Occidental Petroleum Corporation

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Lotus Midstream LLC, Flatrock Energy Advisors LLC purchase Occidental Petroleum Corp. /Centurion Pipeline System from Occidental Petroleum Corporation

Insider Transactions
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Transaction Advisors
Accountant

Advised onOccidental Petroleum Corporation purchases Altura Energy Ltd. from BP Plc, The Shell Transport & Trading Co. Ltd.

Legal Advisor

Advised onChina Petrochemical Corporation, China State-Owned Assets Supervision & Admn Commission purchase Occidental Argentina Exploration & Production, Inc. from Occidental Petroleum Corporation

Investment Advisor

Advised onOccidental Petroleum Corporation purchases Anadarko Petroleum Corporation

Legal Advisor

Advised onOccidental Petroleum Corporation purchases Plains All American Pipeline LP

Legal Advisor

Advised onChina Petrochemical Corporation, China State-Owned Assets Supervision & Admn Commission purchase Occidental Argentina Exploration & Production, Inc. from Occidental Petroleum Corporation

Legal Advisor

Advised onOccidental Petroleum Corporation purchases Vintage Petroleum, Inc.

Advisors & Consultants
Legal Advisor

Co-Chair, Antitrust & Competition Practice Group at Gibson, Dunn & Crutcher LLP

Legal Advisor

Partner at Proskauer Rose LLP

Legal Advisor

Partner at Debevoise & Plimpton LLP

Clients

PolyOne Corporation (NYSE: POL) is a global leader offering a comprehensive array of specialized polymer materials, tailored services and end-to-end solutions. We have: More than 10,000 customers globally More than 35,000 polymer solutions More than 60 manufacturing and distribution facilities Operations in North America, South America, Europe, Asia, and Africa Corporate headquarters in northeast Ohio (U.S.A.) (2011) Annual revenues of $2.9 billion We understand that, in today’s competitive, warp-speed global economy, your success depends on being first to market with innovative, value-creating materials and services. That is why we manufacture many materials to help solve the demanding application and business needs of molders and processors. For more information on our solutions, visit Products & Services. Our solutions are the right choice for customers who want to achieve profit and growth with innovative products, enter new markets, expand globally and much more. In this high-stakes environment, you can rely on us as your strategic partner – a partner whose notion of service goes well beyond merely supplying needs, to delivering better business solutions. Our commitment to you as a PolyOne customer is a core principle, embedded in every dimension of our company

Plains All American Pipeline, L.P. is a publicly traded master limited partnership (“MLP”) engaged in the transportation, storage, terminalling and marketing of crude oil, refined products and liquefied petroleum gas and other natural gas related petroleum products (together "NGL"). Through our general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (NYSE: PNG), we are also engaged in the development and operation of natural gas storage facilities. We own and operate a diversified portfolio of strategically located assets that play a vital role in the movement of U.S. and Canadian energy supplies. On average we handle over 3 million barrels per day of crude oil, refined products and NGL through our extensive network of assets located in key North American producing basins and transportation gateways. As an MLP, we make quarterly distributions of our available cash to our Unitholders. Since our initial public offering in 1998, we have increased our quarterly distribution by 150% to its current level (with February 2013 distribution) of $0.56250 per unit, or $2.25 per unit on an annualized basis. It is our goal to increase our distribution to Unitholders over time through a combination of internal and acquisition-oriented growth. Our common units are traded on the New York Stock Exchange under the symbol "PAA." We are headquartered in Houston, Texas

Centrica is a top 30 FTSE100 company. Our vision is to be the leading integrated energy company in our chosen markets in the UK and North America. Business description We are an integrated energy company operating predominately in the UK and North America. We understand that energy is essential for all of us, both now and for the future. That's why we are active in each stage of the energy lifecycle: from sourcing and generating to processing and storing; from trading and supplying to servicing and, crucially, to saving energy

Key Stats and Financials As of 2019
Market Capitalization
$9.68B
Total Enterprise Value
$79.6B
Earnings Per Share
$-1.22
Revenue
$18.7B
TEVNet Income
-119.37x
Debt TEV
0.5x
Total Debt
$40B
Total Equity
$34.2B
Net Profit
$-667M
Enterprise Value Sales
4.26x
Enterprise Value EBITDAOperating
10.88x
EBITDAMargin
38.45%
EBITDA
$7.19B
Three Year Compounded Annual Growth Rate Of Revenue
22.81%
Political Donations
Investments
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Tatweer Petroleum-Bahrain Field Development Co. provides oil discovery services. It operates through the following division; production and field development, supply chain management, health, safety and environment, land management and geographic information system, human resources, and information technology. The company was founded in 2009 and is headquartered in Awali, Bahrain.

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ChemConnect, Inc. provides market information and e-commerce solutions. It operates an electronic exchange that trades midstream energy, feedstocks, chemicals, and commodities. The firm offers third party commodity exchange, auctions, bulletin-board, back-end fulfillment, and market information services for NGL's, chemicals, feedstocks, polymers, and fuel oil. The company was incorporated on July 19, 2000 and is headquartered in The Woodlands, TX.

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Dolphin Energy Ltd. engage in processing and production of natural gas. Its marketing functions fall into two distinct categories: sale of Dolphin Energy's natural gas and the sales of condensate, LPG, sulfur, and ethane, which are the by-products of the company. The company was founded in March 1999 and is headquartered in Abu Dhabi, the United Arab Emirates.

Investors
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Partner at Centurion Pipeline LP

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Chairman of the Board & Chief Executive Officer at Castle & Cooke, Inc.

Suppliers
Hornbeck Offshore Services, Inc. (Louisiana) Marine Shipping | Covington, LA

Hornbeck Offshore Services, Inc. (Louisiana) engages in the provision of marine transportation services to exploration and production, oilfield service, offshore construction, and military customers. It owns and operates fleets of offshore support vehicles and multi-purpose support vehicles. The company was founded by Todd M. Hornbeck and Larry D. Hornbeck in June 1997 and is headquartered in Covington, LA.

Financial Engines, Inc. Accounting & Financial Services | Sunnyvale, CA

Financial Engines, Inc. engages in the provision of technology-enabled financial advisory services. It also offers discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance. The company was founded by William F. Sharpe, Joseph A. Grundfest, and Craig W. Johnson in 1996 and is headquartered in Sunnyvale, CA.

Estrella International Energy Services Ltda. Oil & Gas | Buenos Aires, Argentina

Estrella International Energy Services Ltda. is an oil, mining and geothermal industry services company. It is engaged in providing drilling and work over rigs, verticality monitoring, cementing, coiled tubing, tool rentals, engineering consulting and project management services. The company was founded in 2001 and is headquartered in Buenos Aires, Argentina.

Competitors
Hess Corp. Oil & Gas - New York, NY

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Canadian Natural Resources Ltd. Oil & Gas - Calgary, Canada

Canadian Natural is one of the largest independent crude oil and natural gas producers in the world. The Company continually targets cost effective alternatives to develop our portfolio of projects and to deliver our defined growth plan, thereby creating value for shareholders. We have an effective and efficient, diversified combination of assets in North America, the North Sea and Offshore Africa, which enables us to generate significant value, even in challenging economic environments. Our balanced mix of natural gas, light oil, heavy oil, in situ oil sands production, oil sands mining and associated upgrading facilities, represents one of the strongest and most diverse asset portfolios of any energy producer in the world. Our financial discipline, commitment to a strong balance sheet, and capacity to internally generate cash flows provide us the means to grow our company in the long term

ConocoPhillips Oil & Gas - Houston, TX

ConocoPhillips engages in the exploration, production, transportation and marketing of crude oil, bitumen, natural gas, natural gas liquids and liquefied natural gas on a worldwide basis. It operates through the following geographical segments: Alaska; Lower 48; Canada; Europe and North Africa; Asia Pacific and Middle East; Other International; and Corporate & Other. The Alaska segment primarily explores for, produces, transports and markets crude oil, natural gas and natural gas liquids. The Lower 48 segment is consist of operations in the U.S. Lower 48 states and the Gulf od Mexico. The Canada segment is comprised of oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe and North Africa segment is consist of operations and exploration activities in Norway, the United Kingdom and Libya. The Asia Pacific and Middle East segment has explorations and product operations in China, Indonesia, Malaysia and Australia; production operations in Qatar and Timor-Leste; and exploration activities in Brunei. The Other International segment handles exploration activities in Columbia and Chile. The Corporate and Other segment is comprised of interest expense, premiums incurred on the early retirement of debt, corporate overhead, certain technology activities, as well as licensing revenues received. The company was founded in 1875 and is headquartered in Houston, TX.

Awards & Honors
Rank #225
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #225
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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