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Occidental Petroleum Corporation SupplierIQ Procurement Profile
Occidental Petroleum Corporation is a global energy company with diversified assets primarily located in the United States, the Middle East, and North Africa. It organizes its business into three segments: the Oil and Gas segment, which produces oil, natural gas liquids, and natural gas through its operations in the US, including Texas, New Mexico, Colorado, and offshore in the Gulf of America, as well as internationally, primarily in Algeria, Oman, Qatar, and the United Arab Emirates; the Chemical segment, which manufactures basic chemical and vinyl products through its manufacturing plants in Alabama, Georgia, Illinois, Kansas, Louisiana, Michigan, New Jersey, Ohio, Tennessee, and Texas, as well as Canada and Chile; and the Midstream and Marketing segment, which support its oil and gas and chemical businesses. The firm was incorporated in Delaware in 1986. Its headquarters are located in Houston, Texas.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering Occidental Petroleum Corporation includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on Occidental Petroleum Corporation covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. Occidental Petroleum Corporation, trading as Occidental Petroleum, is a public company with 13.3k employees.
What industries does Occidental Petroleum Corporation operate in?
Occidental Petroleum Corporation primarily operates in Oil Drilling & Gas Extraction in the US, as well as in Chemical Product Manufacturing in the US, Industrial Gas Production in the US and Inorganic Basic Chemical Manufacturing in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of Occidental Petroleum Corporation’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers Occidental Petroleum Corporation’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering Occidental Petroleum Corporation’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering Occidental Petroleum Corporation’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering Occidental Petroleum Corporation’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2025 revenue for Occidental Petroleum Corporation?
According to the 2026 IBISWorld ProcurementIQ report, Occidental Petroleum Corporation generated $21.6bn in revenue.
Who are Occidental Petroleum Corporation’s main competitors?
The 2026 ProcurementIQ report benchmarks Occidental Petroleum Corporation against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is Occidental Petroleum Corporation’s EBITDA margin?
Occidental Petroleum Corporation’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does Occidental Petroleum Corporation operate in?
The 2026 report identifies all NAICS-coded product and service markets Occidental Petroleum Corporation participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does Occidental Petroleum Corporation have?
The 2026 ProcurementIQ report lists Occidental Petroleum Corporation’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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