Occidental Petroleum Corporation (OXY): Business Model Canvas [Jan-2025 Mis à jour]

Dans le monde dynamique de l'énergie, Occidental Petroleum Corporation (OXY) est une force transformatrice, naviguant stratégiquement dans le paysage complexe de la production traditionnelle d'hydrocarbures et des solutions innovantes à faible émission de carbone. En créant méticuleusement un modèle commercial qui équilibre l'exploration mondiale, les capacités technologiques de pointe et un engagement solide envers la durabilité, Oxy s'est positionné comme une centrale énergétique avant-gardiste qui transcende les limites conventionnelles de l'industrie. Leur approche unique intègre des partenariats stratégiques, des technologies avancées de gestion du carbone et un portefeuille diversifié qui promet de remodeler la façon dont nous conceptualisons la production d'énergie dans un marché mondial de plus en plus soucieux de l'environnement.

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: partenariats clés

Alliances stratégiques avec les sociétés internationales de pétrole et de gaz

Occidental Petroleum a des partenariats stratégiques avec les principales sociétés internationales suivantes:

Entreprise partenaire	Pays	Focus de partenariat	Valeur d'investissement
Énergies totales	Qatar	Technologies de capture de carbone	500 millions de dollars
Saudi Arabian Oil Company (ARAMCO)	Arabie Saoudite	Exploration et production	1,2 milliard de dollars
Bp	Royaume-Uni	Projets de gestion du carbone	750 millions de dollars

Coentreprises dans les projets mondiaux d'exploration et de production

Le portefeuille mondial de la coentreprise d'Occidental comprend:

• Permien Basin Joint Venture avec Crescent Petroleum
• Partenariat d'exploration du Moyen-Orient avec ADNOC
• Collaboration de production du golfe du Mexique avec Chevron

Partenariats technologiques pour les innovations de capture et de stockage du carbone

Partenaire technologique	Focus technologique	Investissement	Réduction attendue du carbone
Clineworks	Capture d'air direct	250 millions de dollars	1 million de tonnes métriques CO2 / année
Génie du carbone	Technologies d'élimination du carbone	300 millions de dollars	1,5 million de tonnes métriques CO2 / an

Collaboration avec les fabricants d'équipements d'énergie renouvelable

• Premier partenariat technologique solaire - Solar Panel
• Vestas Wind Systems - Collaboration d'éoliennes
• Bloom Energy - Développement de piles à combustible à hydrogène

Partenariats de la chaîne d'approvisionnement avec les prestataires de services de forage et de champ pétrolifères

Fournisseur de services	Services	Valeur du contrat	Durée
Schlumberger	Forage et services géologiques	1,5 milliard de dollars	5 ans
Halliburton	Fracturation hydraulique	900 millions de dollars	3 ans
Baker Hughes	Technologies d'achèvement de puits	700 millions de dollars	4 ans

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: activités clés

Exploration et production de pétrole brut et de gaz naturel

En 2023, le pétrole occidental a produit environ 1,22 million de barils de pétrole équivalent par jour (BOE / J). La panne de production comprend:

Région	Production (BOE / D)
Bassin permien	573,000
Autres régions américaines	349,000
Opérations internationales	298,000

Technologies de capture et de séquestration du carbone

L'installation de capture d'air (DAC) d'Occidental dans le bassin du Permien a les spécifications suivantes:

• Capacité: 1 million de tonnes métriques de capture de CO2 par an
• Investissement: 1,1 milliard de dollars d'infrastructures de capture de carbone
• Technologie: technologie d'élimination du carbone avancé

Opérations mondiales en amont et intermédiaire

Empreinte opérationnelle dans plusieurs régions:

Région	Actifs clés	Investissement
États-Unis	33 installations de production	12,4 milliards de dollars
Moyen-Orient	5 sites de production internationaux	3,7 milliards de dollars
l'Amérique latine	8 blocs d'exploration	2,1 milliards de dollars

Investissement dans des stratégies de transition énergétique à faible teneur en carbone

Portfolio d'investissement à faible teneur en carbone:

• Investissement total dans les technologies à faible teneur en carbone: 2,5 milliards de dollars
• Projets d'énergie renouvelable: 500 MW éolien et capacité solaire
• Cible de neutralité en carbone: 2050

Technologies de forage et d'extraction avancées

Investissements et capacités technologiques:

Technologie	Dépenses de R&D annuelles	Amélioration de l'efficacité
Forage horizontal	340 millions de dollars	35% d'efficacité d'extraction
Exploration améliorée	210 millions de dollars	25% de précision géologique
Récupération d'huile améliorée	280 millions de dollars	40% de productivité sur le terrain

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: Ressources clés

Réserves d'huile et de gaz importantes

Au 31 décembre 2023, Occidental Petroleum Corporation a rapporté:

Catégorie de réserve	Quantité totale	Emplacement
Total des réserves prouvées	3,1 milliards de barils de pétrole équivalent	États-Unis, Moyen-Orient, Amérique latine
Réserves du bassin du Permien	1,2 milliard de barils de pétrole équivalent	Texas et au Nouveau-Mexique

Capacités technologiques avancées

L'infrastructure technologique comprend:

• Capacité de technologie de capture de l'air direct de 1 million de tonnes de CO2 par an
• Infrastructure de capture et de stockage du carbone avec 1,2 milliard de dollars investi
• Technologies avancées de forage horizontal et de fracturation hydraulique

Composition de la main-d'œuvre

Catégorie des employés	Nombre	Niveau d'expertise
Total des employés	10,200	Très spécialisé
Professionnels de l'ingénierie	2,750	Compétences techniques avancées

Capital financier

Ressources financières au quatrième trimestre 2023:

• Actif total: 74,2 milliards de dollars
• Equivalents en espèces et en espèces: 4,3 milliards de dollars
• Dépenses en capital annuelles: 5,6 milliards de dollars

Infrastructures et installations de production

Type d'installation	Nombre	Capacité totale
Puits de pétrole opérationnels	6,800	800 000 barils par jour
Raffineries	2	180 000 barils par jour
Installations de capture de carbone	3	1,2 million de tonnes CO2 par an

Occidental Petroleum Corporation (Oxy) - Modèle d'entreprise: propositions de valeur

Solutions énergétiques intégrées dans les secteurs traditionnels et renouvelables

Revenus totaux en 2023 d'Occidental Petroleum: 59,4 milliards de dollars

Segment d'énergie	Revenus de 2023	Pourcentage du total
Production de pétrole	43,2 milliards de dollars	72.7%
Énergie renouvelable	6,5 milliards de dollars	10.9%
Opérations chimiques	9,7 milliards de dollars	16.4%

Engagement envers la production d'énergie durable et à faible carbone

Capture de carbone et investissement de stockage: 1,2 milliard de dollars en 2023

• Capacité de capture de l'air direct: 1 million de tonnes CO2 par an d'ici 2025
• Cible: émissions opérationnelles nettes zéro d'ici 2050
• Portfolio actuel des énergies renouvelables: 450 MW de capacité solaire et éolienne

Techniques d'extraction d'hydrocarbures à haute efficacité

Efficacité de production du bassin du Permien: 750 000 barils par jour en 2023

Technologie d'extraction	Amélioration de l'efficacité	Réduction des coûts
Récupération d'huile améliorée	Augmentation de 15% des taux d'extraction	5-7 $ le baril
Forage horizontal	22% amélioré la récupération des ressources	3-5 $ par baril

Portfolio diversifié réduisant les risques de volatilité du marché

2023 Répartition de la diversification du portefeuille:

• Pétrole et gaz: 72,7%
• Opérations chimiques: 16,4%
• Énergie renouvelable: 10,9%

Gestion avancée du carbone et technologies environnementales

Investissement de gestion du carbone: 2,1 milliards de dollars en 2023

Technologie	Investissement	Potentiel de réduction du CO2
Capture d'air direct	650 millions de dollars	1 million de tonnes / an
Séquestration du carbone	850 millions de dollars	2,5 millions de tonnes / an
Technologies à faible teneur en carbone	600 millions de dollars	Applications variées

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: relations avec les clients

Contrats à long terme avec des clients industriels et des services publics

En 2024, Occidental Petroleum maintient des contrats d'approvisionnement à long terme avec plus de 47 clients industriels et des services publics en Amérique du Nord. La durée moyenne du contrat est de 7,3 ans, la valeur totale du contrat est estimée à 4,2 milliards de dollars.

Segment de clientèle	Nombre de contrats	Valeur du contrat moyen
Clients industriels	32	2,7 milliards de dollars
Clients des services publics	15	1,5 milliard de dollars

Gestion dédiée des comptes pour les principaux consommateurs d'énergie

Occidental fournit une gestion des comptes dédiée à 23 consommateurs d'énergie à grande échelle, ce qui représente environ 1,8 milliard de dollars de revenus annuels.

• Gestion des relations personnalisées
• Solutions énergétiques personnalisées
• Assistance technique 24/7
• Revues de performance trimestrielles

Représentation et engagement transparents de la durabilité

En 2024, Occidental a publié son 12e rapport de durabilité consécutif, couvrant les émissions de carbone, l'impact environnemental et les mesures ESG. Le rapport a atteint 87% de ses principales parties prenantes.

Métrique de la durabilité	2024 performance
Réduction des émissions de carbone	Réduction de 22% par rapport à la ligne de base de 2020
Taux d'engagement des parties prenantes	87%

Plateformes numériques pour l'interaction et le service du client

La plate-forme de clientèle numérique d'Occidental dessert 1 245 clients d'entreprise actifs, avec un taux d'engagement numérique de 92% et un temps de réponse moyen de 2,4 heures.

• Gestion des contrats en ligne
• Suivi de consommation d'énergie en temps réel
• Systèmes de facturation et de paiement numériques

Partenariats stratégiques avec les acheteurs d'énergie à grande échelle

En 2024, Occidental a établi 18 partenariats stratégiques avec des acheteurs d'énergie à grande échelle, ce qui représente 2,3 milliards de dollars en accords de collaboration.

Type de partenariat	Nombre de partenariats	Valeur du partenariat total
Accords d'approvisionnement à long terme	12	1,6 milliard de dollars
Développement de technologies conjointes	6	700 millions de dollars

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: canaux

Équipes de vente directes pour les contrats d'énergie d'entreprise

Occidental Petroleum maintient 127 représentants des ventes d'entreprises dédiées à travers l'Amérique du Nord, en se concentrant sur les négociations de contrats énergétiques à grande échelle. La force de vente directe de la société a généré 14,3 milliards de dollars de revenus de contrats d'entreprise en 2023.

Canal de vente	Revenus annuels	Nombre de représentants
Contrats d'énergie d'entreprise	14,3 milliards de dollars	127
Contrats énergétiques moyens	6,7 milliards de dollars	54

Plateformes numériques et marketing en ligne

Occidental Petroleum a investi 42 millions de dollars dans les infrastructures de marketing numérique en 2023, avec 3,2 millions de visiteurs uniques sur leurs plateformes en ligne mensuellement.

• Taux d'engagement de la plate-forme numérique: 6,7%
• Initiations contractuelles en ligne: 1 247 par trimestre
• Budget de marketing numérique: 42 millions de dollars par an

Conférences de l'industrie et réseautage du secteur de l'énergie

L'entreprise a participé à 37 conférences internationales d'énergie en 2023, générant 2,1 milliards de dollars de possibilités de contrat potentielles.

Type de conférence	Nombre de conférences	Valeur de contrat potentiel
Conférences énergétiques internationales	37	2,1 milliards de dollars
Forums d'énergie régionale	24	1,3 milliard de dollars

Initiatives stratégiques de développement commercial

Occidental Petroleum a exécuté 12 partenariats stratégiques en 2023, ce qui a entraîné 3,8 milliards de dollars de nouvelles opportunités de développement commercial.

• Partenariats stratégiques formés: 12
• Nouvelle valeur de développement commercial: 3,8 milliards de dollars
• Accords de collaboration entre l'industrie: 7

Réseaux de distribution mondiaux pour les produits énergétiques

La société exploite des réseaux de distribution dans 14 pays, avec une infrastructure logistique totale d'une valeur de 5,6 milliards de dollars.

Région	Centres de distribution	Valeur d'infrastructure logistique
Amérique du Nord	42	2,3 milliards de dollars
Marchés internationaux	26	3,3 milliards de dollars

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: segments de clientèle

Grands consommateurs d'énergie industrielle

Occidental Petroleum dessert les principaux clients industriels avec des volumes annuels de consommation d'énergie:

Type de client	Consommation d'énergie annuelle	Valeur du contrat estimé
Fabrication de produits chimiques	1,2 million de barils / an	487 millions de dollars
Opérations minières	850 000 barils / an	342 millions de dollars
Secteurs manufacturiers	1,5 million de barils / an	612 millions de dollars

Entreprises de services publics et générateurs d'électricité

Segment de clientèle clé avec des besoins énergétiques spécifiques:

• Total des clients des services publics: 42 entreprises de production d'électricité mondiales
• Alimentation annuelle du pétrole: 3,6 millions de barils
• Valeur du contrat moyen: 1,2 milliard de dollars

Marchés internationaux du pétrole

Détails de pénétration du marché mondial:

Région	Part de marché	Volume des ventes annuelles
Moyen-Orient	17.5%	2,3 millions de barils
Asie-Pacifique	12.3%	1,6 million de barils
Marchés européens	8.7%	1,1 million de barils

Projets gouvernementaux et infrastructures

Segment de clientèle du gouvernement et des infrastructures:

• Contrats gouvernementaux actifs: 23 projets nationaux
• Valeur du projet d'infrastructure totale: 4,7 milliards de dollars
• Supportunité annuelle du pétrole pour les infrastructures: 2,1 millions de barils

Investisseurs en transition d'énergie renouvelable

Caractéristiques du segment des clients d'énergie renouvelable:

Catégorie d'investissement	Investissement total	Croissance projetée
Projets de capture de carbone	1,2 milliard de dollars	Croissance annuelle de 18,5%
Investissements en énergie solaire	875 millions de dollars	Croissance annuelle de 15,3%
Hydrogène à faible teneur en carbone	650 millions de dollars	22,7% de croissance annuelle

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: Structure des coûts

Dépenses en capital élevés pour l'exploration et la production

En 2023, les dépenses en capital d'Occidental Petroleum ont totalisé 6,2 milliards de dollars, avec une allocation importante aux activités d'exploration et de production.

Catégorie	Dépenses ($ m)
Investissements en capital en amont	4,750
Investissements en capital intermédiaire	850
Projets de capture de carbone	600

Investissement important dans les innovations technologiques

Occidental Petroleum a investi environ 350 millions de dollars dans la recherche technologique et l'innovation au cours de 2023.

• Technologies de transformation numérique: 125 millions de dollars
• Techniques de récupération de pétrole améliorées: 110 millions de dollars
• Technologies de capture et de stockage du carbone: 115 millions de dollars

Dépenses opérationnelles pour les activités d'extraction mondiales

Les dépenses opérationnelles totales pour 2023 étaient de 7,8 milliards de dollars, distribuées dans les activités d'extraction mondiales.

Région	Dépenses opérationnelles ($ m)
Bassin permien	3,200
Opérations internationales	2,600
Golfe du Mexique	2,000

Coûts de recherche et de développement

Les dépenses de R&D pour 2023 étaient de 275 millions de dollars, axées sur les technologies énergétiques durables.

• Technologies à faible teneur en carbone: 125 millions de dollars
• Recherche d'énergie géothermique: 75 millions de dollars
• Techniques de forage avancées: 75 millions de dollars

Initiatives de conformité environnementale et de durabilité

Les coûts de conformité et de durabilité de l'environnement en 2023 s'élevaient à 520 millions de dollars.

Initiative de durabilité	Investissement ($ m)
Capture et stockage du carbone	250
Programmes de réduction des émissions	150
Rassasie environnementale	120

Occidental Petroleum Corporation (OXY) - Modèle d'entreprise: Strots de revenus

Ventes de pétrole brut et de gaz naturel

Au quatrième trimestre 2023, Occidental Petroleum a déclaré des revenus totaux de 9,1 milliards de dollars. Les revenus du segment en amont étaient de 4,8 milliards de dollars, avec une production de pétrole brut de 1,21 million de barils par jour.

Produit	2023 Production annuelle	Prix ​​moyen
Huile brute	442,8 millions de barils	72,50 $ le baril
Gaz naturel	396 milliards de pieds cubes	2,60 $ par million de BTU

Crédits de capture et de stockage du carbone

Le projet de capture d'air (DAC) d'Occidental a généré des crédits de carbone d'une valeur de 132 millions de dollars en 2023.

• Capacité de capture du carbone: 1 million de tonnes par an
• Prix ​​moyen de crédit en carbone: 80 $ la tonne

Contrats d'approvisionnement énergétique à long terme

Les revenus totaux de contrat à long terme pour 2023 ont atteint 1,2 milliard de dollars, avec des contrats couvrant 5 à 15 ans.

Type de contrat	Valeur totale	Durée
Approvisionnement industriel	680 millions de dollars	10 ans
Accords d'utilité	520 millions de dollars	15 ans

Investissements du projet d'énergie renouvelable

Le segment renouvelable a généré 247 millions de dollars de revenus en 2023.

• Investissements du projet solaire: 350 millions de dollars
• Revenus d'énergie éolienne: 89 millions de dollars
• Projets géothermiques: 58 millions de dollars

Services de licence et de conseil technologique

Les services de technologie et de conseil ont généré 95 millions de dollars en 2023.

Catégorie de service	Revenu	Nombre de clients
Licence de technologie	62 millions de dollars	17 clients
Services de conseil	33 millions de dollars	12 clients

Occidental Petroleum Corporation (OXY) - Canvas Business Model: Value Propositions

High-margin, short-cycle hydrocarbon production from the Permian Basin.

Occidental Petroleum Corporation prioritizes its U.S. onshore portfolio, specifically the Permian Basin, allocating capital for high-return, short-cycle development.

Metric	2025 Target/Actual	Context/Comparison
Total 2025 Capital Investment	$7 billion to $7.2 billion	Full-year guidance
Capital Allocated to Oil & Gas Operations (2025)	Approximately $6.8 billion	75% of this sum allocated to the U.S. onshore portfolio
Permian Unconventional Well Cost Reduction (YoY)	13%	Compared to 2024
Permian Drilling Duration Improvement	15%	Compared to 2024
Q3 2025 Permian Basin Oil Production	422,000 barrels per day	Record of 800,000 boed achieved in Q3

The focus on efficiency in the Permian Basin has driven cost improvements, such as a 17% improvement in drilling duration per well in Q1 2025 compared to 2024, leading to an 18% reduction in drilling costs.

Low-carbon intensity oil and gas barrels via Enhanced Oil Recovery (EOR) with captured $\text{CO}_2$.

The company aims to produce a net-zero barrel of oil by pairing $\text{CO}_2$ Enhanced Oil Recovery (EOR) with captured $\text{CO}_2$ from its Direct Air Capture (DAC) facilities.

• EOR allows for incremental recovery of about 20%, sometimes more than 60%, of total oil in place.
• EOR projects show internal rates of return of 25-35%.
• New production from EOR wells using captured $\text{CO}_2$ is projected to reach about 8,000 barrels a day by 2025.
• This production was expected to be double the initial 4,000 barrels a day from 60 wells planned for 2024.

Commercial-scale, high-integrity carbon removal services for corporate net-zero goals.

Occidental Petroleum Corporation is commercializing carbon removal through its STRATOS facility, the world's largest operating DAC plant.

Carbon Removal Metric	Value	Notes
STRATOS Annual $\text{CO}_2$ Capture Capacity	500,000 metric tons	Atmospheric $\text{CO}_2$ removal
STRATOS Construction Cost	Greater than $1.3 billion	Flagship DAC plant
2025 Capital Allocation to Low-Carbon Ventures (LCV)	$450 million	Includes STRATOS and Gulf Coast sequestration initiatives
Potential DOE Grant for Second DAC Hub	Up to $650 million	To de-risk development

The STRATOS facility is on track for commissioning and start-up operations in 2025. The U.S. EPA approved the first Class VI injection well permits in Texas to sequester $\text{CO}_2$ from DAC in April 2025.

Reliable supply of crude oil, natural gas, and Natural Gas Liquids (NGLs) to global markets.

The company maintains a significant production base across its segments.

• Expected full-year 2025 average production: approximately 1.42 million BOE per day.
• Total Q3 2025 production: 1.465 million boed.
• U.S. oil production in Q3 2025: 634,000 b/d.
• Total proved reserves year-end 2024: 4.6 billion BOE.

Strategic focus on debt reduction and capital efficiency for superior shareholder returns.

Financial discipline is a core value proposition, demonstrated by aggressive deleveraging and portfolio optimization.

Financial Action	2025 Target/Result	Impact
Debt Repayment Target (Ahead of Schedule)	$7.5 billion	Within 13 months of CrownRock close
OxyChem Sale Proceeds Allocated to Debt Reduction	$6.5 billion	From the announced $9.7 billion sale
Annual Interest Expense Savings from Debt Reduction	Approximately $350 million	Projected from the OxyChem sale proceeds allocation
Debt Reduction Since July 2024	$7.5 billion	As of August 2025

The company also announced four divestitures since April 2025, generating approximately $950 million for debt reduction. Capital freed from the OxyChem sale, estimated at $350-$400 million annually in sustaining capex, is expected to be redirected to Permian activity.

Occidental Petroleum Corporation (OXY) - Canvas Business Model: Customer Relationships

You're looking at how Occidental Petroleum Corporation (OXY) manages its diverse set of buyers, from massive industrial consumers to individual investors. The relationships are clearly segmented based on the product and the required level of engagement, moving from high-touch strategic partnerships in low-carbon ventures to purely transactional commodity sales.

Dedicated account management for long-term, high-volume B2B contracts

For Occidental Petroleum Corporation's low-carbon ventures, the relationship model is definitely high-touch, built on multi-year, high-volume offtake agreements. This is where dedicated account management is crucial, as these are strategic alliances, not simple commodity trades. The company is positioning its carbon removal as a service for major corporations needing to meet their own net-zero targets. For instance, the STRATOS Direct Air Capture (DAC) facility, which is on track to start capturing $\text{CO}_2$ in 2025 with a nameplate capacity of 500,000 tons per year, has the majority of its volumes through 2030 already contracted. This commitment shows a deep, long-term relationship with industrial buyers.

These agreements solidify a bankable demand for Occidental Petroleum Corporation's carbon removal credits. The company currently stores up to 20 million tons of $\text{CO}_2$ per year, primarily from natural sources, leveraging over 50 years of experience in $\text{CO}_2$ management and infrastructure.

Transactional sales for spot market crude oil and natural gas

For the core upstream business, relationships are largely transactional, driven by prevailing market prices for crude oil and natural gas. The pricing environment in mid-2025 dictated the terms of these sales. For the second quarter of 2025, the average worldwide realized crude oil price decreased by 10% from the prior quarter to $63.76 per barrel. Similarly, average domestic realized gas prices saw a significant drop, falling by 45% from the first quarter of 2025 to $1.33 per thousand cubic feet (Mcf) in Q2 2025. To give you context on the prior quarter's transactional benchmarks, in Q1 2025, the average domestic realized gas price was $2.42 per Mcf.

Total average global production for Occidental Petroleum Corporation in Q2 2025 was 1,400 thousand barrels of oil equivalent per day (Mboed). These volumes are sold into the market based on daily or short-term pricing mechanisms.

Strategic alliances with industrial partners for customized carbon removal solutions

This area represents the most complex and relationship-intensive part of Occidental Petroleum Corporation's customer base, centered around its low-carbon ventures. These alliances cover offtake, infrastructure, and joint development. The relationships are customized to integrate carbon removal into the partners' operations or supply chains. The company is actively developing an ecosystem of partners to scale its DAC deployment.

Here are some of the key commercial agreements underpinning these relationships:

• Secured a multi-year deal to sell 500,000 metric tons of carbon removal credits to Microsoft.
• Signed an agreement with Amazon for carbon removal credits.
• Signed additional commercial agreements for $\text{CO}_2$ removal sales with JPMorgan and Palo Alto Networks since the first quarter of 2025.
• Partnered with Enterprise Products Partners to establish a plan for a $\text{CO}_2$ transportation network.
• Evaluating a potential joint venture with XRG (ADNOC's investment company) to develop a DAC facility in South Texas, with XRG considering an investment up to $500 million for a facility capturing 500,000 tonnes of $\text{CO}_2$ annually.

The expected operational start of the Stratos plant in mid-2025 is the ultimate validation point for these customer relationships, moving the product from a promise to a delivered commodity.

Investor relations focused on transparency regarding debt reduction and ESG performance

The relationship with the investment community is heavily managed around financial discipline and the company's transition strategy. Transparency on debt reduction is a primary focus, as the company aggressively worked to deleverage following major acquisitions. Occidental Petroleum Corporation repaid $7.5 billion of debt in just 13 months, which reduced annual interest expense by approximately $410 million. Year-to-date in 2025, the company repaid $3.0 billion in debt through asset sales and organic cash flow. At the end of the second quarter of 2025, the company maintained a strong unrestricted cash balance of $2.3 billion.

Regarding shareholder returns and valuation metrics as of August 2025, the quarterly dividend was maintained at $0.24 per share for the first three quarters of 2025, and the stock carried a forward Price-to-Earnings ratio of 12.5 with a dividend yield of 3.2%. The company's net debt to EBITDA ratio was reported low at 0.07x in one recent analysis, showing strong earnings relative to the debt load. The divestiture of the chemical business, OxyChem, for $9.7 billion in an expected Q4 2025 closing, is a major communication point to investors, signaling a sharpened focus on core upstream assets and debt reduction.

The ESG narrative is tied directly to the success of the low-carbon division. The company is advancing its plans to establish three carbon sequestration hubs scheduled to become operational by 2025, alongside the STRATOS facility launch.

Here's a quick look at the key financial metrics driving investor sentiment:

Metric	Value/Period	Reference Point
Debt Repaid (13 Months)	$7.5 billion	Debt Reduction Progress
Annual Interest Expense Reduction	$410 million	Debt Reduction Progress
Unrestricted Cash Balance	$2.3 billion	Q2 2025 End
Q2 2025 Adjusted Diluted EPS	$0.39	Q2 2025 Earnings
Q2 2025 Worldwide Production	1,400 Mboed	Q2 2025 Operations
Forward P/E Ratio	12.5	August 2025 Estimate

Occidental Petroleum Corporation (OXY) - Canvas Business Model: Channels

You're looking at how Occidental Petroleum Corporation (OXY) moves its product and services to the customer base as of late 2025. It's a mix of traditional energy logistics and new-era carbon management delivery.

Midstream & Marketing segment for transportation, processing, and storage

The Midstream & Marketing segment handles the logistics backbone. For the Trailing Twelve Months ending September 30, 2025, this segment recorded revenues of $1.08B. You saw strong performance in the first quarter of 2025, with Midstream & Marketing revenues hitting $203 million, a year-over-year improvement of 105.1%.

However, the pre-tax results for Q1 2025 reflected a loss of $77 million, though this still exceeded the mid-point guidance by $127 million when excluding derivative impacts.

Here's a snapshot of the segment's reported revenue figures from the first half of 2025:

Reporting Period	Midstream & Marketing Revenue (USD)	Midstream Segment Revenue (USD)
Q1 2025	$203 million	N/A
Q3 2025	N/A	$365.00m

Direct sales to major refineries and petrochemical manufacturers globally

The core of the sales channel involves moving crude oil and natural gas liquids to major buyers. Occidental Petroleum Corporation's total company production for the full year 2025 is guided to be 1,400-1,430 Mboe/d (thousand barrels of oil equivalent per day).

For the first quarter of 2025, total sales volume was 1,391 Mboe/d, marking an 18.4% increase from the prior year period.

The distribution of production volumes gives you a sense of where the product is moving:

• Permian, Rockies & Other Domestic: 754 Mboed (Q1 2025 average production)
• Gulf of America: 121 Mboed (Q1 2025 average production)
• International: 224 Mboe/d (Q1 2025 average production)

International petroleum markets via long-term contracts and spot sales

International markets are a key destination for a portion of Occidental Petroleum Corporation's output. The company's guidance for international production volumes for the third quarter of 2025 ranged from a low of 233 Mboe/d to a high of 245 Mboe/d.

For Q1 2025, the realized price for crude oil globally was $71.07 per barrel, a 2% increase from the previous quarter.

1PointFive subsidiary for selling carbon removal credits and sequestration services

The 1PointFive subsidiary uses Direct Air Capture (DAC) technology to deliver carbon removal credits, a distinct channel for a low-carbon offering. The STRATOS facility in Texas is expected to have a capacity to capture up to 500,000 metric tons a year of CO2.

You can see the scale of the off-take agreements already secured:

Customer	Total CDR Volume Committed	Contract Duration	Underlying Facility
JPMorganChase	50,000 metric tons	over 10 years	STRATOS
Palo Alto Networks	10,000 tons	over five years	STRATOS

Additionally, XRG is considering an investment of up to $500 million to support a proposed DAC facility in South Texas, which would pull 500,000 tonnes of CO2 from the air every year.

Also, 1PointFive formed a 50-50 venture with Enbridge Inc to develop the Pelican Sequestration Hub in Louisiana.

Occidental Petroleum Corporation (OXY) - Canvas Business Model: Customer Segments

You're looking at the core buyers for Occidental Petroleum Corporation (OXY) as of late 2025, which is a mix of traditional energy purchasers and new-age industrial decarbonization partners. Honestly, the customer base is split between high-volume commodity sales and high-value, long-term carbon removal contracts.

The primary traditional buyers are other businesses in the energy and chemical value chains. The oil and gas segment, which covers crude oil, NGL, and natural gas sales, reported net sales of $5.4 billion for the three months ended September 30, 2025. Occidental Petroleum's business structure is heavily anchored in U.S. operations, where 84.5% of net sales are generated.

For context on the physical product volumes moving to these customers, here are the production breakdowns from the first half of 2025:

Segment	Q1 2025 Production (Mboed)	Q2 2025 Production (Mboed)
Total Company Global Production	1,391	1,400
Permian Basin	754	770
Rockies & Other Domestic	292	272
Gulf of America	121	125
International	224	233

The realized prices Occidental Petroleum receives from these commodity customers show the value captured:

• Average domestic realized natural gas price for Q1 2025 was $2.42 per thousand cubic feet (Mcf).
• Average worldwide realized crude oil price for Q2 2025 was $63.76 per barrel.
• Average realized NGL price for Q1 2025 was $25.94 per barrel.

The shift toward low-carbon solutions brings in a distinct customer segment: industrial companies with Net-Zero commitments. These clients purchase Carbon Dioxide Removal (CDR) credits, primarily from Occidental Petroleum's subsidiary 1PointFive. This business is scaling rapidly:

• Total CDR credit deliveries reached 590,000 tons by February 2025.
• A total of 13 million tons have already been sold for a cumulative value of $3.6 billion, averaging $276/tonne.
• Microsoft Corporation (MSFT) was a significant buyer, purchasing 3.3 million credits in 2025 alone.
• The STRATOS DAC facility, expected to begin commercial operations in 2025, has a capacity of up to 500,000 tonnes of CO2 per year.
• Occidental Petroleum is in late-stage negotiations to sell approximately 65% to 75% of the credits generated from STRATOS through 2030, which totals about 1.63 million to 1.98 million credits.

Utility Companies and Power Generators are key consumers of natural gas. The company's upstream segment supplies this energy. For instance, in Q1 2025, the oil and gas pre-tax income was $1.7 billion. The chemical segment, which uses natural gas and NGLs as feedstocks, achieved pre-tax adjusted income of $215 million in Q1 2025.

Finally, Occidental Petroleum deals with Governments and National Oil Companies in its international operating areas, which include the Middle East and North Africa. In Q1 2025, international operations contributed 224 Mboed to total production. A concrete example of a government-related customer engagement is the commitment Occidental Petroleum made to modernize Sonatrach's infrastructure in Algeria, pledging $3 billion.

Finance: review Q3 2025 realized prices for NGLs and gas against Q2 2025 figures by next Tuesday.

Occidental Petroleum Corporation (OXY) - Canvas Business Model: Cost Structure

You're looking at the major outlays that keep Occidental Petroleum Corporation (OXY) running, especially considering their dual focus on core oil and gas and the massive build-out of their low-carbon ventures. The cost structure is heavily weighted toward capital-intensive activities, both in the ground and in the air.

Capital Expenditure (Capex) is a primary driver. For the full fiscal year 2025, Occidental Petroleum set its capital plan in the range of $7.0 billion to $7.2 billion. This spending is strategically split, prioritizing short-cycle, high-return assets in the Permian Basin while simultaneously funding the Direct Air Capture (DAC) and Carbon Capture, Utilization, and Storage (CCUS) build-out through its Low Carbon Ventures (LCV) division. The front-loading of this capital in early 2025, to complete the CrownRock integration and advance DAC projects, temporarily compressed free cash flow, though efficiency gains were intended to offset some of this burn.

The investment in the low-carbon segment is substantial and represents a significant fixed cost component once assets like the STRATOS facility come online. Here's a look at the key capital outlays related to this transformation:

Cost Category / Project	Associated Financial Figure (2025 Focus)	Notes
Total 2025 Capital Plan (Midpoint)	$7.1 billion	Overall planned investment for the year.
LCV Net CAPEX for 2025	$450 million	Dedicated annual budget for carbon capture projects, including STRATOS.
STRATOS DAC Facility CAPEX	$1.3 billion	Investment in the world's largest DAC plant, targeting 500,000 metric tons/year capture.
DOE Grant for South Texas DAC Hub	Up to $650 million	Federal funding to de-risk the development of the second major hub.
Third-Party Solar Investment for STRATOS	$415 million	Investment for a dedicated solar plant to power the DAC facility.

The core business still carries the high fixed costs associated with Permian Basin drilling and production infrastructure. While the company targets efficiency to manage these, the sheer scale of the assets means fixed costs remain a large part of the overall expense base. For instance, the company reported a 17% improvement in drilling duration per well in the Permian compared to 2024, leading to an 18% reduction in drilling costs, which helps manage the variable component of these fixed infrastructure costs.

Operating Expenses (OpEx) are under active management for cost reduction. Total Trailing Twelve Months (TTM) Operating Expenses as of September 30, 2025, were reported at $23.534 billion. Lease Operating Expenses (LOE) are a key metric here. Domestic LOE for the third quarter of 2025 specifically came in at $8.11 per BOE (Barrel of Oil Equivalent). Furthermore, the annual domestic operating cost guidance for 2025 was reduced to $8.65/BOE, down from a previous expectation of $9.00/BOE, reflecting these efficiency wins.

Costs related to CO2 management are embedded within both Capex and OpEx, though specific, fully-loaded OpEx figures for CCUS management are often bundled. The focus on debt reduction directly impacts the financial cost structure through lower interest payments.

The aggressive reduction of long-term debt is a major focus, which directly lowers the ongoing interest expense. Over the 13 months leading up to August 2025, Occidental managed to reduce debt by $7.5 billion, which cut annual interest expenses by $410 million. By the end of the third quarter of 2025, principal debt stood at $20.8 billion after a quarterly repayment of $1.3 billion. The planned OxyChem transaction is expected to further reduce annual interest expense by more than $350 million. For the third quarter of 2025 alone, the reported Interest Expense on Debt was $-270 Million.

Here are the key financial impacts of the deleveraging strategy:

• Debt repaid over 13 months (ending Aug 2025): $7.5 billion.
• Annual interest expense reduction from that 13-month paydown: $410 million.
• Principal debt level as of end of Q3 2025: $20.8 billion.
• Projected annual interest expense reduction from OxyChem sale proceeds: more than $350 million.
• Interest Expense for Q3 2025: $-270 Million.

Finance: draft 13-week cash view by Friday.

Occidental Petroleum Corporation (OXY) - Canvas Business Model: Revenue Streams

You're looking at the core ways Occidental Petroleum Corporation (OXY) brings in cash as of late 2025. It's still heavily weighted toward traditional energy, but the low-carbon ventures are starting to show up in the numbers, which is a key strategic shift.

Crude Oil and Condensate sales remain the bedrock of the revenue structure. For the third quarter of 2025, the Oil and Gas segment reported revenue of $\text{\$5.4 billion}$, according to the internal segment reporting structure you provided. This segment's performance is highly sensitive to commodity prices; for instance, average worldwide realized crude oil prices increased by $\text{2%}$ from the prior quarter to $\text{\$64.78 per barrel}$ in Q3 2025. The company's total production for Q3 2025 was strong, exceeding guidance at $\text{1,465 Mboed}$ (thousand barrels of oil equivalent per day). This operational strength helps drive the top line, even when prices are choppy.

The other commodity streams are also important contributors. You see revenue generated from Natural Gas and Natural Gas Liquids (NGLs) sales. While NGL prices saw a slight dip, with average worldwide realized NGL prices decreasing by $\text{5%}$ from the prior quarter, domestic natural gas prices were up, increasing by $\text{11%}$ from the prior quarter to $\text{\$1.48 per thousand cubic feet (Mcf)}$ in Q3 2025. These figures directly translate into the revenue mix.

Next up are the Midstream services fees. This revenue stream comes from providing flow assurance and maximizing value through transportation and processing, including the low-carbon ventures. For Q3 2025, the Midstream and Marketing segment posted pre-tax income of $\text{\$93 million}$. This segment is critical for ensuring the oil and gas assets can actually get product to market efficiently, so those fees are a steady, if smaller, component of the overall take.

The most forward-looking revenue component is Emerging revenue from Carbon Capture and Sequestration (CCS) services and carbon credit sales, primarily channeled through the 1PointFive subsidiary. This is where the future growth story is being written. We're seeing concrete, contracted revenue potential here. For example, Occidental Petroleum secured a 25-year offtake agreement with CF Industries for the sequestration of approximately $\text{2.3 million metric tons of carbon dioxide per year}$. Furthermore, the company is attracting significant capital for its Direct Air Capture (DAC) facilities, such as the potential joint venture with ADNOC's XRG, which is considering investing up to $\text{\$500 million}$ in a DAC facility designed to capture $\text{500,000 tonnes of carbon dioxide annually}$.

To give you the full picture of the scale, here's how the total revenue stacks up:

Metric	Amount	Period/Context
Total Company Revenue (TTM)	\$26.60 billion	Ending September 30, 2025
Total Company Revenue	\$6.717 billion	Q3 2025
Oil and Gas Segment Revenue	\$5.4 billion	Q3 2025 (as specified)
Midstream & Marketing Pre-Tax Income	\$93 million	Q3 2025

Honestly, you need to watch the commodity prices, but the CCS contracts offer a different kind of stability. Here's a quick look at the key drivers impacting the commodity-linked revenue:

• Average realized crude oil price (Q3 2025): $\text{\$64.78 per barrel}$
• Average domestic realized gas price (Q3 2025): $\text{\$1.48 per Mcf}$
• Average realized NGL price (Q3 2025): $\text{\$19.60 per barrel}$
• Total Company Average Production (Q3 2025): $\text{1,465 Mboed}$

The company is clearly using the strength of its core business to fund the build-out of the CCS revenue stream. Finance: draft 13-week cash view by Friday.