Occidental Petroleum Corporation (OXY) is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. Net production averaged 1.4 million barrels of oil equivalent per day in 2025 at a ratio of roughly 74% oil and natural gas liquids and 26% natural gas. At the end of 2025, the company reported net proved reserves of 4.6 billion barrels of oil equivalent.