All Brands Owned by Occidental Petroleum Corporation

What does Occidental Petroleum own?
Occidental owns oil and gas production assets across the Permian Basin, DJ Basin, and Gulf of America in the US, plus operations in Oman, the UAE, Algeria, and Libya. It owns the 1PointFive carbon capture subsidiary and Oxy Low Carbon Ventures, and an equity interest in Western Midstream Partners. It sold its OxyChem chemical subsidiary to Berkshire Hathaway in January 2026.

Is Occidental Petroleum publicly traded?
Yes. Occidental trades on the New York Stock Exchange under the ticker OXY and is a component of the S&P 500. The company has been public for decades and is one of the oldest names in the American oil industry.

Who founded Occidental Petroleum?
A group of California oilmen founded Occidental in Los Angeles in 1920. Armand Hammer took control in 1957 and built it into a major producer through the Libyan concessions and decades of acquisitions, running the company until his death in 1990.

Where is Occidental Petroleum headquartered?
Occidental is headquartered in Houston, Texas, USA. The company moved its headquarters from Los Angeles to Houston in the mid-2010s as it refocused on oil and gas and spun off its California business.

How many brands does Occidental Petroleum own?
Occidental operates mainly under the Oxy corporate brand and owns the 1PointFive carbon capture brand within its Oxy Low Carbon Ventures unit. Its former chemical brand, OxyChem, was sold to Berkshire Hathaway in January 2026.

Who owns Occidental Petroleum?
Occidental is owned by its public shareholders. Berkshire Hathaway is the largest shareholder with a common stock stake above 25 percent, plus a $10 billion preferred position and warrants acquired during the 2019 Anadarko financing. The remaining shares are held by institutional and retail investors.

Who is the CEO of Occidental Petroleum?
Richard Jackson has been President and CEO since June 1, 2026. He succeeded Vicki Hollub, who retired after a decade as CEO and remains on the board of directors. Jackson joined Occidental in 2003 and previously led its US onshore operations before becoming Chief Operating Officer.