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Saturday, November 21, 2009, 6:48PM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Occidental Petroleum Corporation (OXY)On Nov 20: 79.99  Down 1.54 (1.89%)  
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Occidental Petroleum Corporation
10889 Wilshire Boulevard
Los Angeles, CA 90024-4201
United States - Map
Phone: 310-208-8800
Fax: 310-443-6690
Web Site: http://www.oxy.com

DETAILS 
Index Membership:S&P 100
S&P 500
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:10,400

BUSINESS SUMMARY 
Occidental Petroleum Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company. The company has three segments: Oil and Gas; Chemical; and Midstream, Marketing, and Other. The Oil and Gas segment engages in the exploration, development, production, and marketing of crude oil, natural gas liquids, and condensate and natural gas in Texas, New Mexico, California, Kansas, Oklahoma, Utah, and Colorado, as well as in Argentina, Bolivia, Colombia, Libya, Oman, Qatar, the unite Arab Emirates, and Yemen. As of December 31, 2008, the company had proved reserves of approximately 2,978 million barrels of oil equivalent. The Chemical segment manufactures and markets basic chemicals, vinyls, and performance chemicals. The Midstream, Marketing, and Other Segment gathers, treats, processes, transports, stores, trades, and markets crude oil, natural gas, natural gas liquids, and condensate and carbon dioxide, as well as generates and markets power. In addition, the company involves in the calcium chloride business. The company was founded in 1920 and is based in Los Angels, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Occidental Petroleum Corporation's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 78% of S&P 500 companies and 97.7% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Ray R. Irani , 74
    Chairman, Chief Exec. Officer, Chairman of Exec. Committee and Member of Dividend Committee
    $ 4.93M $ 184.39M
    Mr. Stephen I. Chazen , 62
    Pres and Chief Financial Officer
    $ 2.25M $ 89.66M
    Mr. Donald P. de Brier , 68
    Exec. VP, Sec. and Gen. Counsel
    $ 1.15M $ 13.13M
    Mr. R. Casey Olson , 55
    Exec. VP
    $ 1.08M $ 5.12M
    Mr. William E. Albrecht ,
    VP and Pres of Oxy Oil & Gas - USA
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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