Occidental Petroleum rStock ROXY
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Description
Occidental Petroleum engages in crude oil and natural gas exploration and production. Its extraction sites are concentrated in the U.S. Permian Basin and select overseas blocks. In addition, the company conducts basic chemical manufacturing and invests in industrial carbon capture and other gas emission reduction facilities. Its produced fossil energy and chemical raw materials rely primarily on distribution networks to provide physical delivery and daily sales of bulk commodities to relevant industrial entity buyers.