Company Info

State or country California

Geographical Location The Americas

Assets $32,355 mil

Revenues $17,661 mil

Profits $4,435 mil

Return on invested
capital (ROIC) 20.0%

3 yr CGR % Revenues 23.720

Company data as of 9/11/07 provided by Standard & Poor's Compustat

Company Snapshot

Occidental Petroleum Corporation engages primarily in the exploration, development, production, and marketing of crude oil and natural gas in the United States and internationally.

As of December 31, 2005, it had proved reserves of approximately 2,082 millions barrels of oil and 3,478 billion cubic feet of natural gas.

The company also manufactures and markets basic chemicals, vinyls, chlorinated organics, and performance chemicals.

Occidental Petroleum's chemical products comprise basic chemicals, including chlorine and caustic soda, chlorinated organics, potassium chemicals and their derivatives; vinyls consisting of polyvinyl chloride and its precursors, VCM, and EDC; performance chemicals that include chlorinated isocyanurates, resorcinol, mercaptans, and sodium silicates.

The company was founded in 1920 and is based in Los Angels, California.

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View the latest financial information on Business Week's Company Insight Center

Ray R.Irani, 72

TITLES

Chairman, Chief Executive Officer, President, Chairman of Executive Committee, Member of Dividend Committee and Member of Charitable Contributions Committee

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18. Occidental Petroleum Corp.