Occidental Petroleum Corporation has grown to be one of the largest U.S. oil and gas companies, based on equity market capitalization.
Oxy’s success is built on technical expertise, business acumen, strong partnerships and proven ability to deliver superior results. We continually invest in the company and our employees, proactively innovate to improve processes and results, and strive to meet the highest standards of integrity and safety in the workplace.
Balancing near-term profitability with long-term growth, we selectively pursue new opportunities in our three core geographic regions — the United States, the Middle East region and Latin America. We focus on long-lived, legacy assets where we can apply technology to increase production and add reserves through targeted exploration and development programs. Our proven business strategy is designed to enhance value for Oxy, our partners and our stockholders.
We are committed to conducting our business in a manner that safeguards our employees, protects the environment, benefits neighboring communities and strengthens regional economies. We take particular pride in Oxy’s safety record, which is exemplary not only in the oil and gas and chemicals industries, but compared to any industry sector. Our goal is to be the partner, employer and neighbor of choice, everywhere we operate.
All of this is made possible by our talented global workforce of more than 40,000 employees and contractors, who enable us to operate effectively in highly diverse cultural environments. As a company, we work hard to ensure that Oxy consistently merits the confidence of its investors, partners and other stakeholders around the world.
Stephen I. Chazen
President and Chief Executive Officer