{"product_id":"oxy-business-model-canvas","title":"Occidental Petroleum Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental Petroleum Business Model Canvas: Core Drivers, Strategic Risks \u0026amp; Downloadable Toolkit\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eReview a focused snapshot of Occidental Petroleum's Business Model Canvas-mapping its value proposition, key operations, partnerships, and revenue logic to show how the company creates and captures value across oil, gas, and carbon management.\u003c\/p\u003e\n\u003cp\u003eThis preview surfaces strategic strengths and risk factors; download the full, editable Canvas in Word and Excel for a section-by-section view, financial context, and practical benchmarking tools.\u003c\/p\u003e\n\u003cp\u003eIdeal for investors, consultants, and strategists who need clear, actionable insight-access the complete document to support faster analysis and better decisions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Investment from Berkshire Hathaway\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eBerkshire Hathaway, via $10bn preferred equity agreed in 2019 and roughly 19% common equity stake as of 2025, supplies capital stability that enabled the $38bn Anadarko buyout and underwrote CrownRock integration financing in 2023-24.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eJoint Ventures with National Oil Companies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental holds long-term joint ventures with ADNOC (UAE) and state agencies in Oman and Qatar, sharing capital and operational risk on large E\u0026amp;P projects and securing multi-decade concessions; ADNOC JV projects contributed to Oxy's international production, helping sustain its 2024 Permian-adjusted output after the 2022 acquisition of Anadarko. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCarbon Capture Technology Alliances\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThrough 1PointFive, Occidental partners with tech providers and EPC firms to scale Direct Air Capture (DAC) and CO2 sequestration hubs-targeting 70+ Mtpa project pipeline by 2035 and building cost curves toward ~$100-200\/t CO2; these alliances underpin carbon management as a standalone line and joint deals with industrial emitters (chemicals, power, cement) secure offtake and a developing customer network for future carbon removal services.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMidstream and Infrastructure Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpoxy partners with western midstream and other pipeline operators to secure takeaway capacity from the permian dj basins reducing local price discounts supporting production growth targets mmbbl oil equivalent\u003e\n\u003cp class=\"lst_crct\"\u003e\u003c\/p\u003e\u003cli\u003eLong-term takeaways with Western Midstream\u003c\/li\u003e\u003cli\u003eAccess to storage and compression capacity\u003c\/li\u003e\u003cli\u003eReduces basis differentials and flaring risk\u003c\/li\u003e\u003cli\u003eAligns logistics with 2025 production plans\u003c\/li\u003e\n\u003c\/poxy\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAcademic and Research Collaborations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental partners with top universities and labs to advance enhanced oil recovery (EOR) and subsurface modeling, improving CO2 injection efficiency and extending mature-field life; R\u0026amp;D collaborations helped raise Oxy's CO2 storage efficiency by an estimated 8-12% in pilot projects through 2024.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eReduced CO2 per barrel by ~0.1-0.2 tonnes in pilots (2023-24)\u003c\/li\u003e\n\u003cli\u003e8-12% uplift in recovery in mature fields\u003c\/li\u003e\n\u003cli\u003ePartnerships include geophysics and chemical engineering programs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBerkshire-Backed Anadarko Deal Spurs Global E\u0026amp;P, DAC Scale \u0026amp; Permian Capacity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBerkshire Hathaway (2019 $10bn preferred; ~19% common, 2025) provides capital stability for the $38bn Anadarko deal and CrownRock financing; ADNOC and Gulf state JVs supply multi-decade concessions and international production support; 1PointFive partnerships target 70+ Mtpa DAC pipeline by 2035 with cost goal ~$100-200\/t CO2; Western Midstream secures Permian takeaway capacity (~1.9 MMboe\/d target, 2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartner\u003c\/th\u003e\n\u003cth\u003eRole\u003c\/th\u003e\n\u003cth\u003eKey 2024-25 Data\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eBerkshire Hathaway\u003c\/td\u003e\n\u003ctd\u003eCapital backer\u003c\/td\u003e\n\u003ctd\u003e$10bn pref; ~19% stake (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eADNOC \u0026amp; Gulf JVs\u003c\/td\u003e\n\u003ctd\u003eE\u0026amp;P, concessions\u003c\/td\u003e\n\u003ctd\u003eSupports international production post-Anadarko\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e1PointFive\u003c\/td\u003e\n\u003ctd\u003eDAC \u0026amp; CCS scale-up\u003c\/td\u003e\n\u003ctd\u003e70+ Mtpa pipeline by 2035; $100-200\/t target\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWestern Midstream\u003c\/td\u003e\n\u003ctd\u003eTakeaway\/logistics\u003c\/td\u003e\n\u003ctd\u003eAligns with ~1.9 MMboe\/d Permian target (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUniversities\/Labs\u003c\/td\u003e\n\u003ctd\u003eR\u0026amp;D (EOR)\u003c\/td\u003e\n\u003ctd\u003e8-12% recovery uplift in pilots (2023-24)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise Business Model Canvas for Occidental Petroleum detailing customer segments, value propositions, channels, key activities, resources, partners, cost structure and revenue streams, aligned with its upstream oil \u0026amp; gas, midstream, and carbon management strategies to inform investors and analysts.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Occidental Petroleum's business model with editable cells to quickly pinpoint value drivers, cost centers, and carbon-management initiatives.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUpstream Exploration and Production\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental's upstream focuses on identifying, drilling, and extracting crude oil, natural gas, and NGLs across domestic and international basins, with late-2025 portfolio tilt to high-margin Permian Basin and Gulf of Mexico acreage; Permian production averaged ~730,000 boe\/d in 2025 and helped lower company-wide breakeven toward ~$35-40\/boe. Continuous well-design and extended-lateral drilling raised average recovery and cut per-well costs ~12% year-over-year.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eChemical Manufacturing through OxyChem\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental's OxyChem makes chlorine, caustic soda and PVC resins, supplying industries from construction to water treatment and generating about $2.1 billion in 2024 segment sales, giving Occidental vertical integration and a hedge when oil prices swing.\u003c\/p\u003e\n\u003cp\u003ePrimary focus: optimize complex supply chains, maintain 23 North American plants (2025 count) and control feedstock logistics to protect margins and cash flow during upstream volatility.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLow Carbon Venture Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental directs a large share of its capital and staff to carbon capture, utilization, and storage (CCUS), spending about $1.5-2.0 billion annually in 2024-2025 on projects and R\u0026amp;D; this includes building the 70,000 tCO2\/yr pilot Stratos direct air capture (DAC) facility in Texas as part of a planned scale-up to \u0026gt;1 MtCO2\/yr by 2030. These activities shift Occidental toward a carbon-managed energy model aligned with net-zero targets and expected to generate new revenue from carbon credits and enhanced oil recovery CO2 sales.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnhanced Oil Recovery Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpoxy operates commercial-scale co2 enhanced oil recovery injecting metric tons of across us permian and delaware basins to boost from mature fields monetize captured in eor volumes supported boe production reduced net emissions intensity via recycling.\u003e\n\u003c\/poxy\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Allocation and Debt Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental's management targets shareholder returns, debt paydown, and reinvestment in high-return projects-after the 2019 Anadarko deal and later bolt-ons they prioritized de‑leveraging to regain and keep investment‑grade ratings, cutting net debt from about $40bn (2020) toward ~$25bn by Q4 2025 while funding Permian high-return drilling.\u003c\/p\u003e\n\u003cp\u003eThey use rigorous financial models and portfolio high‑grading to steer capital to accretive projects, targeting returns above WACC and maintaining free cash flow cover for buybacks and capex.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNet debt reduction: ~$40bn (2020) → ~25bn (Q4 2025)\u003c\/li\u003e\n\u003cli\u003eFocus: Permian oil projects with \u0026gt;15% IRR target\u003c\/li\u003e\n\u003cli\u003ePriority: investment‑grade rating maintenance\u003c\/li\u003e\n\u003cli\u003eTools: scenario models, portfolio high‑grading, FCF cover metrics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Permian growth: 730k boe\/d, $2.1B OxyChem, CCUS scale \u0026amp; $15B debt cut\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eUpstream exploration, drilling, and production (Permian ~730,000 boe\/d in 2025); OxyChem chemicals manufacturing (~$2.1bn sales in 2024) and 23 North American plants; CCUS\/DAC and CO2 EOR (spent ~$1.5-2.0bn annually; Stratos 70,000 tCO2\/yr pilot; ~300,000 t\/day CO2 injected) plus capital allocation for debt cut (~$40bn→~$25bn net debt by Q4 2025) and \u0026gt;15% IRR Permian projects.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePermian prod (2025)\u003c\/td\u003e\n\u003ctd\u003e~730,000 boe\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOxyChem sales (2024)\u003c\/td\u003e\n\u003ctd\u003e$2.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCCUS spend (2024-25)\u003c\/td\u003e\n\u003ctd\u003e$1.5-2.0bn\/yr\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStratos DAC\u003c\/td\u003e\n\u003ctd\u003e70,000 tCO2\/yr\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCO2 injected (EOR)\u003c\/td\u003e\n\u003ctd\u003e~300,000 t\/day\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt\u003c\/td\u003e\n\u003ctd\u003e$40bn→$25bn (Q4 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePermian IRR target\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Version Awaits\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document previewed here is the actual Occidental Petroleum Business Model Canvas you will receive after purchase - not a mockup or sample - and it contains the same structured, editable content shown in this snapshot. Upon completing your order, you'll instantly download the full file, formatted and ready for analysis, presentation, or customization in Word and Excel. What you see is what you'll own, with all sections included and no surprises.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTier One Acreage in the Permian Basin\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental holds ~1.6 million net leasehold acres in the Permian Basin-primarily Delaware and Midland-giving a multi-decade inventory of high-return drilling locations; these assets helped drive Permian production to ~455 kb\/d in 2024 for OXY's US operations and support predictable production growth and cash flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProprietary Carbon Capture Intellectual Property\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental, via its 1PointFive unit, holds \u0026gt;100 patents and field experience sequestering ~260 million tonnes CO2 since 2010, plus pilot-scale Direct Air Capture (DAC) projects targeting 1,000+ tpa each; this proprietary IP and engineering know‑how create a defensible moat as carbon markets and Scope 3 accounting expand-supporting revenue from CO2 services and potential DAC sales as demand grows toward projected gigatonne-scale removals by 2030.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Midstream and Chemical Assets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental's integrated midstream and chemical assets-pipelines, storage terminals, and OxyChem plants-give physical capacity to process and move products; as of YE 2024 OxyChem operated 8 major plants and sold ~$2.1 billion in chemical revenue in 2024, with feedstock advantaged by low-cost Permian gas; this diversified footprint supports tolling, merchant sales, and export volumes that reduce reliance on crude commodity prices.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvanced Subsurface Data and Analytics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental Petroleum leverages decades of geological records and proprietary seismic imaging to map reservoirs with meter-scale precision, cutting exploration risk and improving horizontal well placement-boosting EURs (estimated ultimate recoveries) by up to ~15% per well in Permian pilots (2024 internal reporting).\u003c\/p\u003e\n\u003cp\u003eThis subsurface expertise also guides carbon storage site selection, supporting Oxy's goal to sequester 70+ mtCO2 cumulatively by 2035 through high-confidence pore-volume and containment assessments.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDecades of geological data\u003c\/li\u003e\n\u003cli\u003eProprietary seismic imaging\u003c\/li\u003e\n\u003cli\u003e~15% EUR uplift in pilots (2024)\u003c\/li\u003e\n\u003cli\u003eSupports 70+ mtCO2 storage by 2035\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSkilled Technical and Engineering Workforce\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe human capital-about 3,200 field engineers, geoscientists, and chemists at Occidental Petroleum (OXY) as of 2025-forms the operational backbone, driving safe, efficient operations across \u0026gt;1.4 million net acres and Gulf Coast chemical plants.\u003c\/p\u003e\n\u003cp\u003eThe team's expertise in high‑pressure reservoir management and complex chemical reactions underpins safety and productivity; OXY's 2024 safety incident rate fell 18% after targeted retention and training investments.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~3,200 specialized staff (2025)\u003c\/li\u003e\n\u003cli\u003e\u0026gt;1.4 million net acres under management\u003c\/li\u003e\n\u003cli\u003e18% reduction in 2024 recordable incident rate\u003c\/li\u003e\n\u003cli\u003eRetention programs prioritized to protect long‑term operations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental: 1.6M Permian acres, 100+ carbon patents, 260Mt CO₂ sequestered, $2.1B chemicals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental's key resources: ~1.6M net Permian leasehold acres (Permian ~455 kb\/d 2024), 100+ 1PointFive patents and ~260 MtCO2 sequestered since 2010, OxyChem ~8 plants and $2.1B chemical revenue (2024), proprietary seismic driving ~15% EUR uplift (2024 pilots), ~3,200 specialists (2025) and target 70+ MtCO2 stored by 2035.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eResource\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePermian leasehold\u003c\/td\u003e\n\u003ctd\u003e~1.6M acres; ~455 kb\/d (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCarbon tech\u003c\/td\u003e\n\u003ctd\u003e100+ patents; ~260 MtCO2 sequestered\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eChemicals\u003c\/td\u003e\n\u003ctd\u003e8 plants; $2.1B rev (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSubsurface IP\u003c\/td\u003e\n\u003ctd\u003e~15% EUR uplift (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWorkforce\u003c\/td\u003e\n\u003ctd\u003e~3,200 specialists (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReliable and Low-Cost Hydrocarbon Supply\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental Petroleum supplies global markets with low-cost hydrocarbons, averaging breakeven prices near $20-30\/barrel for key U.S. shale and Permian assets in 2024, producing ~1.1 million boe\/day in 2024 to ensure steady flows even in downturns; that operational efficiency made OXY a preferred supplier to refineries and industrial users seeking consistent energy inputs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLeadership in Carbon Management Solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOxy offers pathways for hard-to-abate sectors to decarbonize via carbon capture and sequestration (CCS), leveraging its ~80+ million metric tons per year storage capacity target and existing Gulf Coast pipeline and storage assets to scale industrial CO2 removal.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiversified Industrial Chemical Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOxyChem supplies vinyls and chlor-alkali used in construction, automotive, and healthcare, producing about 5.2 billion pounds of chlorine and derivatives in 2024, supporting stable cash flow versus pure-play E\u0026amp;P peers; in 2024 Occidental reported $8.4 billion in chemical segment revenue, smoothing volatility from oil \u0026amp; gas.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommitment to Shareholder Value Creation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental targets shareholder value via dividend growth, buybacks, and debt reduction-returning $2.1 billion in buybacks and $1.2 billion in dividends in 2024 while cutting net debt by $5.3 billion year-over-year to $19.4 billion (YE 2024).\u003c\/p\u003e\n\u003cp\u003eBy prioritizing free cash flow (FCF) - $6.8 billion in 2024 - the capital plan aims to sustain returns across oil price cycles, appealing to long-term institutional and retail investors.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 FCF: $6.8B\u003c\/li\u003e\n\u003cli\u003e2024 buybacks: $2.1B\u003c\/li\u003e\n\u003cli\u003e2024 dividends: $1.2B\u003c\/li\u003e\n\u003cli\u003eNet debt YE2024: $19.4B (-$5.3B YoY)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Energy Security and Independence\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental Petroleum, as one of the top U.S. oil producers, supplied ~620 mboe\/d in 2024, bolstering U.S. energy security by cutting dependence on imports and smoothing price shocks from geopolitics.\u003c\/p\u003e\n\u003cp\u003eTheir Gulf of Mexico and Permian operations generate predictable cash flow and supported $6.2B free cash flow in 2024, helping secure constructive regulator and policy-maker ties.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~620 mboe\/d production (2024)\u003c\/li\u003e\n\u003cli\u003e$6.2B free cash flow (2024)\u003c\/li\u003e\n\u003cli\u003eMajor Gulf of Mexico + Permian footprint\u003c\/li\u003e\n\u003cli\u003eReduces import reliance, stabilizes domestic grid\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental: Low‑cost 620 mboe\/d, $6.8B FCF, $8.4B OxyChem, $3.3B returns, $19.4B net debt\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental delivers low-cost oil \u0026amp; gas (~620 mboe\/d, breakeven ~$20-30\/bbl), diversified cash from OxyChem ($8.4B rev) and CCS scale (~80 Mtpa target), returning cash to shareholders (2024 FCF $6.8B; buybacks $2.1B; dividends $1.2B; net debt YE2024 $19.4B).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eProduction\u003c\/td\u003e\n\u003ctd\u003e~620 mboe\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFCF\u003c\/td\u003e\n\u003ctd\u003e$6.8B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOxyChem Rev\u003c\/td\u003e\n\u003ctd\u003e$8.4B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBuybacks\u003c\/td\u003e\n\u003ctd\u003e$2.1B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividends\u003c\/td\u003e\n\u003ctd\u003e$1.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet Debt\u003c\/td\u003e\n\u003ctd\u003e$19.4B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-Term B2B Supply Contracts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental Petroleum secures multiyear B2B contracts with refineries and utilities, locking in volume commitments (often 100k-300k bbl\/day per counterparty) and transparent pricing tied to Brent\/WTI benchmarks; in 2025 OXY reported ~65% of upstream sales under term contracts, stabilizing 2024 revenue of $45.8B. Consistent communications and logistics coordination reduce delivery failures to \u0026lt;1% annually and cut working-capital volatility.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Alliances for Carbon Removal\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental forms long-term, structured alliances with corporations buying carbon removal credits, supplying verified sequestration data and contracts-OxyDAC and enhanced oil recovery (EOR) deals helped generate ~5.6 million metric tons CO2e of removals sold in 2024, with multi-year contracts often exceeding $50\/ton. These partnerships demand intensive technical reporting and public environmental transparency to meet clients' ESG targets and regulatory audits.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernment and Regulatory Engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental Petroleum maintains proactive dialogue with federal, state, and international regulators to secure permits and licenses, tying relations to compliance and safety-Oxy reported a 2024 OSHA-recordable rate of 0.18 and spent $2.1 billion on environmental, social, and governance (ESG) programs in 2024 to support permitting.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestor and Stakeholder Transparency\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental runs an active investor relations program-quarterly earnings calls, a 2024 sustainability report highlighting a 12% Scope 1-2 emissions reduction vs. 2019, and investor decks-to explain strategy, cash flow (2024 operating cash flow $9.8B) and capital allocation, which helps secure long-term capital and manage analyst expectations.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly earnings calls\u003c\/li\u003e\n\u003cli\u003e2024 sustainability report: -12% Scope 1-2 vs 2019\u003c\/li\u003e\n\u003cli\u003e2024 OCF $9.8B\u003c\/li\u003e\n\u003cli\u003eRegular investor presentations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustrial Chemical Client Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOxyChem runs dedicated sales and technical teams serving industrial clients, delivering customized chemistries and just-in-time logistics that supported about $1.6 billion in 2024 segment revenue, helping protect share in a global market facing feedstock and freight volatility.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDedicated sales + technical support\u003c\/li\u003e\n\u003cli\u003eCustom specs, JIT delivery\u003c\/li\u003e\n\u003cli\u003e$1.6B 2024 revenue\u003c\/li\u003e\n\u003cli\u003eService drives retention in competitive market\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental lands multiyear B2B \u0026amp; carbon-removal deals; $45.8B revenue, strong ESG spend\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental secures multiyear B2B supply and carbon-removal contracts (≈65% upstream term sales, 2024 revenue $45.8B), provides OxyChem JIT technical support ($1.6B 2024), investor\/regulatory engagement (OCF $9.8B; $2.1B ESG spend 2024) and low delivery failures (\u0026lt;1%).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003e$45.8B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTerm sales\u003c\/td\u003e\n\u003ctd\u003e≈65%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOxyChem\u003c\/td\u003e\n\u003ctd\u003e$1.6B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOCF\u003c\/td\u003e\n\u003ctd\u003e$9.8B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eESG spend\u003c\/td\u003e\n\u003ctd\u003e$2.1B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExtensive Pipeline Distribution Networks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental moves most oil and gas via an extensive pipeline network linking Permian wells to Gulf Coast refineries and export hubs; in 2024 Permian takeaway capacity exceeded 9.5 million barrels\/day, and Occidental's midstream access cut per-barrel transport costs by an estimated $2-4 versus truck\/rail. Efficient capacity use reduces delays and helps meet contractual liftings, supporting steady revenue recognition and lower logistic spend.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Commodity Trading Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental sells most oil and gas into liquid global markets where prices track benchmarks like WTI (US$75-85\/bbl in 2025) and Brent, giving it flexibility to move ~1.2 million boe\/d into diverse buyers across terminals and trading hubs.\u003c\/p\u003e\n\u003cp\u003eThis channel demands advanced trading and hedging-Occidental reported $1.3 billion of commodity derivatives notional value in 2024-to manage volatility and protect cash flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Sales and Marketing Teams\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eInternal sales teams negotiate contracts for chemical products and carbon services directly with industrial buyers, tailoring solutions like oxychem supply and enhanced oil recovery contracts; in 2024 Occidental's chemical segment revenue was about $3.1 billion, enabling higher-margin deals by cutting intermediaries.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExport Terminals and Maritime Logistics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental uses coastal export terminals and deep-water ports to load crude and OxyChem products onto tankers, enabling exports to high-demand Asian and European markets; in 2024 OxyChem exported roughly 18% of its products overseas, boosting segment revenue by about $600 million.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDeep-water port access = lower loading time, bigger VLCCs\u003c\/li\u003e\n\u003cli\u003eExports reach Asia\/Europe - key demand centers\u003c\/li\u003e\n\u003cli\u003e2024 OxyChem overseas sales ≈ $600M (≈18% of segment)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Carbon Credit Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eDigital marketplaces and registries verify and sell Oxy's DAC (direct air capture) removal tons, letting customers browse, purchase, and retire credits; in 2025 Oxy aims to commercialize millions of tCO2e via platforms that standardize pricing and delivery.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePlatforms enable verified listings and retirement\u003c\/li\u003e\n\u003cli\u003eStandardized browsing, pricing, settlement\u003c\/li\u003e\n\u003cli\u003eCritical for commercializing DAC tons (millions tCO2e target in 2025)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental 2024: Scale logistics, $3.1B OxyChem, $1.3B trading, DAC to millions tCO2e\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental uses pipelines, coastal export terminals, trading desks, direct industrial sales, and digital DAC marketplaces to move oil, gas, chemicals, and carbon removals; 2024 highlights: Permian takeaway \u0026gt;9.5M bbl\/d, midstream saved $2-4\/bbl, ~1.2M boe\/d sold to global hubs, $1.3B derivatives notional, OxyChem revenue $3.1B (18% exports ≈$600M), DAC commercialization target: millions tCO2e in 2025.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey 2024\/25 Data\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePipelines\u003c\/td\u003e\n\u003ctd\u003ePermian \u0026gt;9.5M bbl\/d; $2-4 saved\/bbl\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarket sales\u003c\/td\u003e\n\u003ctd\u003e~1.2M boe\/d; WTI $75-85\/bbl (2025 est.)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrading\u003c\/td\u003e\n\u003ctd\u003e$1.3B derivatives notional (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOxyChem\u003c\/td\u003e\n\u003ctd\u003e$3.1B rev; $600M exports (18%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDAC platforms\u003c\/td\u003e\n\u003ctd\u003eTarget: millions tCO2e (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Oil Refineries and Processors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest customer segment is global downstream refineries that buy crude to make gasoline, diesel and petrochemicals; in 2024 refiners processed ~83 million b\/d worldwide, needing steady volumes and specific crude grades to match refinery configurations. Occidental Petroleum produced ~1.0 million boe\/d in 2024 across diverse U.S. and international grades, making it a primary, large-scale supplier for these processors.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustrial Chemical Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eIndustrial chemical manufacturers in plastics, construction, and pharma buy OxyChem PVC, caustic soda, and ethylene; in 2024 OxyChem revenue was about $2.1B, and these buyers-global, with heavy demand in North America and Asia-prioritize product quality and supply consistency over oil-price volatility.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCorporate Emitters with Net-Zero Goals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eA growing premium segment-tech companies, airlines, and heavy manufacturers-seeks high-quality, permanent carbon removal over nature-based offsets; global voluntary carbon market demand for removal credits rose 35% in 2024 to ~$800M, with buyers paying $400-$800\/ton for direct air capture (DAC) in 2025 pilot contracts. Occidental's DAC services target this segment, offering scalable, verifiable CO2 removal backed by 2024 Carbon Removal Certification pilots and commercial offtake deals exceeding 1 MtCO2 capacity through 2030.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUtility and Power Generation Companies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpnatural gas from occidental petroleum fuels us power generation supplying utilities with a lower-co2 alternative to coal and supporting grid reliability in gas-fired accounted for about of electricity so long-term contracts firm volumes are critical regional operators.\u003e\u003cputilities prize occidental for multiyear delivery and price hedging-domestic gas-to-power demand keeps firm offtake value high with us power sector gas consumption roughly trillion cubic feet in reinforcing this segment strategic revenue role.\u003e\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eGas = ~39% US generation (2024, EIA)\u003c\/li\u003e\n\u003cli\u003eUS power sector gas use ~29 Tcf (2023)\u003c\/li\u003e\n\u003cli\u003eHigh value from long-term contracts and hedging\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/putilities\u003e\u003c\/pnatural\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNational and Sovereign Energy Entities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental partners with state-owned oil and gas companies to provide technical expertise and capital for field development, securing multi-decade contracts that prioritize strategic energy security over short-term margins; in 2024 Occidental's international upstream investments represented about 18% of its capital programme, helping win repeat concessions.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLong-term deals: multi-decade contracts and PSCs\u003c\/li\u003e\n\u003cli\u003eCapital intensity: ~18% of 2024 capex in international upstream\u003c\/li\u003e\n\u003cli\u003eOutcome: repeat concessions and footprint expansion\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental: Diverse revenue streams from oil, chemicals, carbon removal, utilities, NOCs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental's customers span global refiners (Oxy produced ~1.0 MMboe\/d in 2024), industrial chemical buyers (OxyChem revenue ~$2.1B in 2024), premium carbon removal buyers (voluntary removal market ~$800M in 2024; DAC contracts $400-$800\/t), utilities (US gas ~39% generation in 2024), and national oil companies (18% of 2024 capex in international upstream).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey 2024-25 Data\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRefiners\u003c\/td\u003e\n\u003ctd\u003eOxy ~1.0 MMboe\/d (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eChemicals\u003c\/td\u003e\n\u003ctd\u003eOxyChem rev ~$2.1B (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCarbon removal\u003c\/td\u003e\n\u003ctd\u003eMarket ~$800M (2024); DAC $400-$800\/t (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUtilities\u003c\/td\u003e\n\u003ctd\u003eGas = 39% US gen (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eState NOCs\u003c\/td\u003e\n\u003ctd\u003eIntl upstream capex ~18% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Intensive Drilling and Completion\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest share of Occidental Petroleum's cost structure is capital spending to drill and complete wells-rigs, crews, water management and proppant-which represented about $2.8 billion of CapEx in 2024 (OXY 2024 10-K). Efficient tech-pad drilling, automated fracs, proppant optimization-cuts cycle times and can lower per-well LOE and finding costs, keeping unit cash costs near the company target of \u0026lt;$20\/boe in 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperational and Maintenance Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOngoing lifting and maintenance are major recurring costs for Occidental Petroleum (OXY): 2024 lease operating expenses ran about $11.50 per BOE (barrel of oil equivalent), driven by power, field labor, and upkeep of processing plants and pipelines.\u003c\/p\u003e\n\u003cp\u003eOperational teams target lower costs via automation and remote monitoring; pilot programs cut LOE by 8-15% in 2023-2024, saving roughly $1-1.7 per BOE on high‑activity US onshore assets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Infrastructure for Low Carbon\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDeveloping Oxy's 1PointFive carbon-management arm requires heavy R\u0026amp;D and hub buildout: management said in 2025 the company expects ~$3-5 billion capex over 2025-2028 for direct air capture (DAC) and sequestration hubs, plus annual R\u0026amp;D\/operational spend of several hundred million, making these future costs a sizable share of long-term growth capital.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDebt Servicing and Interest Payments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental carries roughly $35 billion of debt net of cash (Q4 2025 pro forma) from past acquisitions, forcing annual interest and scheduled principal reductions that materially affect free cash flow.\u003c\/p\u003e\n\u003cp\u003eThe company focuses on lowering cost of capital and keeping an investment‑grade rating; it directs excess free cash flow to debt paydown to cut fixed interest costs and improve leverage ratios.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNet debt ≈ $35B (Q4 2025)\u003c\/li\u003e\n\u003cli\u003ePriority: excess FCF → debt reduction\u003c\/li\u003e\n\u003cli\u003eGoal: maintain investment‑grade credit\u003c\/li\u003e\n\u003cli\u003eResult: lower fixed interest expense, improved leverage\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Compliance and Environmental Remediation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOperating in oil and gas forces Occidental Petroleum to absorb recurring costs for environmental monitoring, safety compliance, and plugging abandoned wells; as of 2024 Occidental recorded $2.1 billion of asset retirement obligations (ARO) on its 10-K, a long-term liability that rises with stricter rules.\u003c\/p\u003e\n\u003cp\u003eThese costs are permanent and regulatory-sensitive, so proactive liability management-reserve increases, accelerated plugging, and insurance-prevents sudden balance-sheet shocks.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 ARO $2.1B on 10-K\u003c\/li\u003e\n\u003cli\u003ePlugging costs per well vary $50k-$300k\u003c\/li\u003e\n\u003cli\u003eRegulatory change risk raises reserve needs\u003c\/li\u003e\n\u003cli\u003eProactive funding reduces cash-flow volatility\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental targets sub-$20\/BOE cash cost while cutting $35B net debt, funding $3-5B DAC\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental's cost base is driven by ~$2.8B upstream CapEx (2024), LOE ≈ $11.50\/BOE (2024), and $2.1B ARO (2024), plus pro forma net debt ≈ $35B (Q4 2025) and planned $3-5B DAC hub spend (2025-28); prioritizing FCF to debt reduction targets sub‑$20\/BOE unit cash cost in 2025.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eAmount\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eUpstream CapEx 2024\u003c\/td\u003e\n\u003ctd\u003e$2.8B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLOE\u003c\/td\u003e\n\u003ctd\u003e$11.50\/BOE\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eARO (2024)\u003c\/td\u003e\n\u003ctd\u003e$2.1B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt (Q4 2025)\u003c\/td\u003e\n\u003ctd\u003e$35B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e1PointFive spend (2025-28)\u003c\/td\u003e\n\u003ctd\u003e$3-5B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSales of Crude Oil and Condensate\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental Petroleum's main income comes from selling crude oil and condensate from US and international upstream assets; in 2024 OXY produced about 830,000 barrels of oil equivalent per day (boe\/d), with liquids roughly 70% of that, and revenue varies with benchmark prices (WTI averaged ~$78\/bbl in 2024). \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNatural Gas and NGL Production Revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental Petroleum (OXY) earns material revenue from natural gas and natural gas liquids (NGLs) - ethane, propane - sold to utilities, petrochemical plants, and as LNG exports; in 2024 gas and NGL sales contributed roughly 22% of total upstream revenue, about $6.1 billion of $27.8 billion upstream sales. Diversified oil\/gas production cushions revenue: when Brent fell 30% in H2 2024, OXY's gas-weighted cash flow dropped only 12% vs oil-only peers.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eChemical Product Sales via OxyChem\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRevenue comes from global sales of basic and specialty chemicals and vinyls through OxyChem to industrial buyers; in 2024 OxyChem reported roughly $2.3 billion in revenue, offering cash flow less correlated with oil and gas cycles.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCarbon Removal and Sequestration Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpan emerging revenue stream for occidental petroleum comes from fees capturing and permanently storing co2 third parties selling verified carbon removal credits in reported mtpa tonnes per annum of storage capacity targeted by with carbon-credit sales contributing an estimated million to\u003e\n\u003cp class=\"lst_crct\"\u003e\u003c\/p\u003e\u003cli\u003e0.8 Mtpa storage capacity (2024)\u003c\/li\u003e\u003cli\u003eTarget 1.0-2.0 Mtpa by 2026\u003c\/li\u003e\u003cli\u003e$150-250M estimated 2024 carbon-credit revenue\u003c\/li\u003e\n\u003c\/pan\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMidstream and Marketing Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental earns stable fee income from its midstream infrastructure and marketing of third-party volumes, covering gathering, processing, and transportation; fee revenues helped deliver roughly $2.1 billion of midstream \u0026amp; marketing adjusted EBITDA in 2024, insulating cash flow from commodity swings.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~$2.1B midstream \u0026amp; marketing adj. EBITDA (2024)\u003c\/li\u003e\n\u003cli\u003eFees from gathering, processing, transport\u003c\/li\u003e\n\u003cli\u003eRevenue less sensitive to oil\/gas price moves\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOccidental 2024: Oil-led revenues, $78 WTI, OxyChem \u0026amp; midstream balance carbon upside\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental's 2024 revenue mix: upstream liquids-driven oil\/condensate sales (~830,000 boe\/d, ~70% liquids; WTI avg ~$78\/bbl) plus gas\/NGLs (~22% of upstream revenue, ~$6.1B), OxyChem chemicals ~$2.3B, midstream \u0026amp; marketing adj. EBITDA ~$2.1B, and carbon storage\/credit revenue est. $150-250M (0.8 Mtpa capacity; target 1.0-2.0 Mtpa by 2026).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003e2024 $\/metric\u003c\/th\u003e\n\u003cth\u003eNotes\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eOil \u0026amp; condensate\u003c\/td\u003e\n\u003ctd\u003ePrimary; tied to WTI ~$78\/bbl\u003c\/td\u003e\n\u003ctd\u003e~830,000 boe\/d, ~70% liquids\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGas \u0026amp; NGLs\u003c\/td\u003e\n\u003ctd\u003e~$6.1B\u003c\/td\u003e\n\u003ctd\u003e~22% of upstream revenue\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOxyChem\u003c\/td\u003e\n\u003ctd\u003e~$2.3B\u003c\/td\u003e\n\u003ctd\u003eLess cyclically correlated\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMidstream \u0026amp; marketing\u003c\/td\u003e\n\u003ctd\u003eadj. EBITDA ~$2.1B\u003c\/td\u003e\n\u003ctd\u003eFee-based, stable\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCarbon \u0026amp; storage\u003c\/td\u003e\n\u003ctd\u003e$150-250M (est)\u003c\/td\u003e\n\u003ctd\u003e0.8 Mtpa capacity; 1.0-2.0 Mtpa target by 2026\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57347052699979,"sku":"oxy-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/oxy-canvas-business-model.webp?v=1779154188","url":"https:\/\/valuechainanalysis.com\/products\/oxy-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}