OXY, NYSE

Occidental Petroleum Corporation (OXY)

Price (as of October 23)

71.26USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

CRC

California Resources Corporation

-0.1

CHK

Chesapeake Energy Corporation

-0.05

DEN

Denbury Inc.

-0.04

EQT

EQT Corporation

-0.02

CRT

Cross Timbers Royalty Trust

-0.01

EP

Empire Petroleum Corporation

-0.01

DVN

Devon Energy Corporation

-0.01

GPOR

Gulfport Energy Corporation

-0.01

HUSA

Houston American Energy Corp.

-0.01

CLR

Continental Resources, Inc.

-0

Show more

Highest within Industry

Symbol Correlation

COP

ConocoPhillips

0.74

EOG

EOG Resources, Inc.

0.73

PXD

Pioneer Natural Resources Company

0.7

LPI

Laredo Petroleum, Inc.

0.63

CPE

Callon Petroleum Company

0.07

CRGY

Crescent Energy Company

0.06

AMPY

Amplify Energy Corp.

0.05

AR

Antero Resources Corporation

0.05

BATL

Battalion Oil Corporation

0.03

CNQ.TO

Canadian Natural Resources Limited

0.03

Show more

Profile

Sector:
Energy
Industry:
Oil & Gas E&p

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company’s Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.