Occidental Petroleum Corporation (OXY): ANSOFF MATRIX ANÁLISE [JAN-2025 Atualizado]

Em um pivô estratégico ousado, a Occidental Petroleum Corporation (OXY) está redefinindo sua trajetória corporativa, alavancando a matriz Ansoff para se transformar de um gigante tradicional de combustível fóssil em um inovador de energia dinâmico e que pensa para o futuro. Ao elaborar meticulosamente estratégias de penetração de mercado, desenvolvimento de mercado, desenvolvimento de produtos e diversificação, o Oxy está se posicionando na vanguarda da transição de energia global, direcionando -se zero carbono Tecnologias e soluções sustentáveis ​​que prometem remodelar o cenário da indústria. Essa abordagem abrangente não apenas aborda desafios ambientais, mas também apresenta um roteiro atraente para o crescimento a longo prazo e a vantagem competitiva em um mundo cada vez mais preocupado com o carbono.

Occidental Petroleum Corporation (Oxy) - Anoff Matrix: Penetração de mercado

Expandir recursos de captura e armazenamento de carbono (CCS)

A Occidental Petroleum investiu US $ 1,1 bilhão em tecnologia direta de captura de ar por meio de sua subsidiária 1PointFive. A empresa pretende capturar 30 milhões de toneladas de CO2 anualmente até 2035. A capacidade atual do CCS é de 1,5 milhão de toneladas por ano.

Investimento do CCS	Capacidade atual	Capacidade projetada
US $ 1,1 bilhão	1,5 milhão de toneladas métricas/ano	30 milhões de toneladas métricas/ano até 2035

Otimize a eficiência operacional na bacia do Permiano e no Oriente Médio

A produção da bacia do Permiano da Occidental atingiu 519.000 barris de petróleo equivalente por dia no quarto trimestre 2022. Os custos de produção reduziram para US $ 4,50 por barril em 2022.

Região de produção	Produção diária	Custo de produção
Bacia do Permiano	519.000 boe/dia	$ 4,50/barril

Aumentar a adoção de tecnologia digital

Occidental alocou US $ 250 milhões para iniciativas de transformação digital em 2022. A IA e as tecnologias de aprendizado de máquina reduziram as despesas operacionais em 12% nas operações a montante.

• Investimento digital: US $ 250 milhões
• Redução de despesas operacionais: 12%
• Tecnologias -chave: AI, aprendizado de máquina

Aprimorar estratégias de marketing para contratos de energia corporativa

Os contratos de energia de longo prazo garantidos totalizando US $ 3,5 bilhões em 2022. A base de clientes corporativos expandiu 22% no mesmo ano.

Valor do contrato	Crescimento da base de clientes
US $ 3,5 bilhões	22%

Implementar tecnologias avançadas de perfuração

Investiu US $ 450 milhões em tecnologias avançadas de perfuração. As taxas de recuperação do reservatório melhoraram 18% usando a perfuração horizontal e as técnicas aprimoradas de recuperação de petróleo.

• Investimento em tecnologia: US $ 450 milhões
• Melhoria da taxa de recuperação do reservatório: 18%
• Tecnologias -chave: perfuração horizontal, recuperação aprimorada de óleo

Occidental Petroleum Corporation (Oxy) - Anoff Matrix: Desenvolvimento de Mercado

Expansão de energia renovável em mercados emergentes

Em 2022, a Occidental Petroleum investiu US $ 1,2 bilhão em empreendimentos de baixo carbono na América Latina. A empresa direcionou geografias com alto potencial renovável, especificamente Brasil e México.

Mercado	Investimento ($ m)	Capacidade projetada (MW)
Brasil	750	350
México	450	220

Desenvolvimento de energia geotérmica internacional

O potencial geotérmico identificado da ocidental de 1.200 MW na Indonésia e nas Filipinas até 2025.

• Potencial geotérmico da Indonésia: 700 MW
• Filipinas Potencial Geotérmica: 500 MW
• Investimento estimado: US $ 980 milhões

Parcerias estratégicas em infraestrutura renovável

A Occidental estabeleceu 3 parcerias estratégicas em 2022, totalizando US $ 620 milhões em investimentos colaborativos.

Parceiro	Região	Investimento ($ m)
Tecnologias Renováveis ​​Inc.	Sudeste Asiático	250
Soluções de energia verde	América latina	220
Desenvolvedores de energia limpa	Médio Oriente	150

Produção de hidrogênio de baixo carbono

Produção de hidrogênio direcionada ocidental de 150.000 toneladas métricas anualmente até 2026 em regiões industriais.

• Regiões de produção de hidrogênio projetadas:
  • Costa do Golfo (EUA): 75.000 toneladas métricas
  • Oriente Médio: 50.000 toneladas métricas
  • Europa: 25.000 toneladas métricas
• Investimento total: US $ 425 milhões

Portfólios de projeto de compensação de carbono

A Occidental desenvolveu projetos de compensação de carbono em 4 territórios geográficos em 2022-2023.

Região	Offset de carbono (toneladas métricas CO2)	Investimento do projeto ($ M)
Ámérica do Sul	2,1 milhões	180
Sudeste Asiático	1,7 milhão	140
África	1,3 milhão	110
Europa Oriental	0,9 milhão	90

Occidental Petroleum Corporation (Oxy) - Anoff Matrix: Desenvolvimento de Produtos

Invista em tecnologias avançadas de captura de carbono e seqüestro

A Occidental Petroleum investiu US $ 1,1 bilhão em tecnologia de captura direta de ar (DAC) por meio de sua subsidiária 1PointFive. A empresa planeja construir uma instalação de DAC em escala comercial na bacia do Permiano com capacidade para remover 1 milhão de toneladas de CO2 anualmente.

Investimento em tecnologia	Capacidade	Localização
Captura direta do ar	1 milhão de toneladas de CO2/ano	Bacia do Permiano, Texas

Desenvolva soluções de energia de baixo carbono integradas para clientes industriais

A Occidental visa reduzir as emissões de carbono em 35% em 2035 por meio de suas iniciativas de tecnologia de baixo carbono.

• Alvo de capacidade de captura de carbono: 20 a 30 milhões de toneladas por ano até 2030
• Investimento em tecnologias de gerenciamento de carbono: US $ 550 milhões em 2022

Crie pacotes de energia renovável modular para clientes corporativos e de serviços públicos

Segmento de energia renovável	2022 Investimento	Crescimento projetado
Empreendimentos de baixo carbono	US $ 385 milhões	15-20% de crescimento anual

Projetar tecnologias inovadoras de remoção de carbono direto

Subsidiária 1Pointfive da Occidental Acordos assinados com Worley para engenharia e aquisição de instalações DAC com capacidade de remoção projetada de 70 milhões de toneladas de CO2 anualmente até 2035.

Aprimore as técnicas de produção de hidrogênio com impacto ambiental reduzido

Direcionamento ocidental Produção de hidrogênio azul com eficiência de captura de carbono acima de 90%.

Produção de hidrogênio	Eficiência de captura de carbono	Meta de produção anual
Hidrogênio azul	90%+	500.000 toneladas métricas até 2030

Occidental Petroleum Corporation (Oxy) - Ansoff Matrix: Diversificação

Invista em tecnologias emergentes de energia limpa, como a produção de hidrogênio verde

A Occidental Petroleum investiu US $ 1,2 bilhão em produção de hidrogênio verde através de sua subsidiária 1PointFive. A empresa planeja desenvolver uma instalação de 1 milhão de toneladas por ano por ano (DAC) na bacia do Permiano.

Categoria de investimento	Quantia	Foco em tecnologia
Hidrogênio verde	US $ 1,2 bilhão	Captura direta de ar (DAC)
Capacidade anual planejada	1 milhão de toneladas	Projeto da Bacia do Permiano

Desenvolver serviços abrangentes de consultoria de transição energética

A divisão de empreendimentos de baixo carbono da Occidental gerou US $ 480 milhões em receita em 2022, concentrando-se nos serviços de captura e gerenciamento de carbono.

• Investimentos de tecnologia de captura de carbono: US $ 320 milhões
• Receita de consultoria de gestão de carbono: US $ 160 milhões

Crie Startups de Tecnologia de Tecnologia Climática de Capital Venture, direcionados

A Occidental Ventures lançou um fundo de investimento em tecnologia climática de US $ 100 milhões em 2022.

Fundo de Investimento	Capital total	Áreas de foco
Fundo de Venture Tecnologia Climática	US $ 100 milhões	Startups de energia limpa

Explore os investimentos em tecnologia de armazenamento de bateria e estabilização de grade

Occidental alocou US $ 250 milhões para a estabilização da rede e pesquisa e desenvolvimento de armazenamento de bateria em 2022.

• Investimento em tecnologia de armazenamento de bateria: US $ 150 milhões
• Estabilização da grade P&D: US $ 100 milhões

Construir plataformas integradas de gerenciamento de energia para empresas multinacionais

A Occidental desenvolveu uma plataforma integrada de gerenciamento de energia com potencial de receita anual projetado de US $ 75 milhões até 2024.

Tipo de plataforma	Receita anual projetada	Mercado -alvo
Plataforma de gerenciamento de energia	US $ 75 milhões	Corporações multinacionais

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Market Penetration

You're looking at how Occidental Petroleum Corporation (OXY) plans to squeeze more value out of the assets it already owns, which is the heart of Market Penetration. This isn't about finding new customers or new oil fields; it's about drilling smarter, operating leaner, and maximizing every barrel from the Permian Basin and elsewhere. Honestly, the numbers coming out of their 2025 operations show a clear focus on operational excellence to offset commodity price uncertainty.

Increase Permian Basin production efficiency via EOR

Occidental Petroleum is definitely leaning into Enhanced Oil Recovery (EOR), specifically using captured carbon dioxide, to boost output from existing Permian assets. This is a core part of their strategy to increase production without massive new acreage acquisition. You should know that CO2 EOR, in applicable cases, can increase ultimate oil and associated gas recovery by 10 to 25 percent. To support this, Occidental Petroleum remains the largest CO2 injector in the Permian, currently injecting 2.6 billion cubic feet per day of CO2 in the region. Furthermore, the flagship STRATOS Direct Air Capture (DAC) facility is on track to commence commercial operations by the end of 2025, designed to capture 500,000 metric tons of CO2 annually, which feeds directly into their EOR and sequestration plans.

Optimize existing asset base to lower lifting costs per barrel

Lowering the cost to lift oil (LOE) is crucial when prices are volatile, like the projected tight range of $58 to $62 per barrel for crude through 2026. Occidental Petroleum already reduced domestic lease operating expenses per barrel by 9 percent in 2024. The integration of the CrownRock assets, finalized in 2024, is a key driver here, identifying operational efficiencies that include $1 million per well in drilling and completion savings across the Midland Basin program. The company's Permian breakeven costs are reported to be comfortably covered around $45-50 per barrel at a $60 oil price.

Here's a quick look at some of the efficiency gains being realized in 2025:

Metric	Performance/Target	Context/Period
Unconventional Well Costs (Permian YTD)	Fell 13 percent	Compared to 2024 levels
Drilling Times (Delaware Basin)	Improved by 20 percent	In Q2 2025
Well Costs (Post-CrownRock Integration)	Savings of over $1 million per well	Midland Basin drilling and completion
Time to Market Improvement Goal	10 percent	Target for 2025
Well Cost Reduction Goal	7 percent	Target for 2025

Secure long-term supply contracts with major US refiners

While specific details on new, long-term supply contracts with major US refiners aren't explicitly detailed in the latest reports, market engagement is clear through realized pricing. For the first quarter of 2025, Occidental Petroleum's average realized price for its oil output was $71.07 per barrel. The company's total Q3 2025 production reached 1.465 million barrels of oil equivalent per day (boe/d), up almost 5 percent from Q2 2025. The U.S. oil production component was 634,000 b/d in Q3 2025, up 4 percent from a year ago.

Maximize recovery from mature fields through advanced technology

Maximizing recovery from mature fields is intrinsically linked to the EOR efforts mentioned earlier, as CO2 flooding extends the economic life of these producing assets. The use of advanced flood surveillance tools allows Occidental Petroleum to monitor its more than 1,900 patterns of CO2 injection and production wells throughout the Permian Basin. Furthermore, the company is deploying advanced methane detection technologies and consolidating compression facilities across its U.S. oil and gas operations. The focus on efficiency gains, such as moving completions from 2-3 well pads in early 2025 to 4-6 well pads in the second half of the year, also maximizes the use of existing infrastructure and frac teams.

Aggressively manage CapEx to maintain a competitive cost structure

Occidental Petroleum is managing its Capital Expenditure (CapEx) aggressively to maintain a competitive structure, especially following major acquisitions. The full-year 2025 capital investment plan is set between $7 billion to $7.2 billion, which is a reduction from the $7.455B Trailing Twelve Months (TTM) CapEx reported in September 2025. This 2025 guidance was actually reduced by $200 million in Q1 2025 due to operational efficiency gains. For comparison, the annual CapEx in 2024 was $7.018B. The company projects 2026 CapEx to fall further, in the range of $6.3 billion to $6.7 billion. The company also trimmed domestic operating costs by $150 million in Q1 2025. The planned divestiture of OxyChem for $9.7 billion, expected to close in Q4 2025, will see $6.5 billion of proceeds allocated toward debt reduction, which helps the overall financial structure.

• 2025 Full-Year Capital Expenditure Projection: $7.0B - $7.2B
• Q3 2025 Capital Spending: $1.8 billion
• 2026 Capital Expenditure Forecast: $6.3B - $6.7B
• Debt Repaid in 2025 (as of May 2025): $2.3 billion
• Debt Repaid in 2025 (as of Q1 2025): $2.3bn

The Q1 2025 free cash flow compression to $1.2 billion highlights the short-term trade-off for these efficiency investments. Finance: draft 13-week cash view by Friday.

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Market Development

You're looking at how Occidental Petroleum Corporation (OXY) pushes its existing products-crude oil, natural gas, and related products-into new geographic areas. This is about taking what you already produce and finding new customers outside your established core regions, which is a classic Market Development play.

For the third quarter of 2025, Occidental Petroleum Corporation's oil and gas segment showed its international footprint was still a key component of its overall output. While the Permian Basin is the core value driver, international operations contributed significantly to the total average daily sales volumes of 1,468 Mboe for the three months ended September 30, 2025. Specifically, international operations reported sales of 114 Mbbl of oil and 528 MMcf of natural gas per day during that quarter. This existing international base provides the platform for further market development.

The strategy clearly involves expanding beyond the U.S. onshore dominance, where production in Q1 2025 was 1,046 Mboed (Permian, Rockies & Other Domestic, Gulf of America combined). Occidental Petroleum Corporation is actively pursuing new international jurisdictions, particularly in areas that can support its broader energy transition goals. A concrete example of this is the partnership with Sonatrach in Algeria, where Occidental pledged $3 billion to modernize gas production and export infrastructure, explicitly aiming to expand Algeria's LNG capacity. This move positions Occidental to enter new gas markets via LNG.

Here's a look at the production split for the first quarter of 2025, showing the current geographic balance that Market Development seeks to shift:

Operating Area	Average Production (Mboed) - Q1 2025	Segment Revenue Contribution (Q3 2025)
Permian, Rockies & Other Domestic	1046	U.S. Oil & Gas Sales (Implied)
Gulf of America	121	U.S. Oil & Gas Sales (Implied)
International	224	$5.4 billion (Total Oil & Gas Net Sales Q3 2025)
Total Global Production	1,391	N/A

Targeting new European buyers for lower-carbon intensity oil ties directly into Occidental Petroleum Corporation's low-carbon ventures. While specific European sales figures aren't public, the company is heavily investing in carbon capture, utilization, and storage (CCUS) technologies. For instance, the STRATOS Direct Air Capture (DAC) facility is on track for commissioning and start-up operations in 2025, aiming to offer DAC Carbon Dioxide Removal (CDR) credits at a commercial scale. This capability allows Occidental Petroleum Corporation to market its crude as lower-emission, a premium feature for environmentally conscious European buyers.

Selling US-produced natural gas to new LNG export facilities is supported by massive growth in the export infrastructure. The U.S. LNG export capacity is projected to surge to 14.7 billion cubic feet per day (Bcf/d) in 2025. Occidental Petroleum Corporation, with its significant domestic gas production, is well-placed to contract supply to these expanding terminals. The domestic realized gas price in Q1 2025 hit $2.42 per thousand cubic feet (Mcf), making US gas economically attractive for international sales via these new liquefaction outlets.

Leveraging existing Middle East infrastructure for regional product sales is also part of the international play. Occidental Petroleum Corporation has operations in the Middle East, including in Oman, where they utilized rich gas injection in 2024 to reduce flaring by 80% compared to the 2020 baseline. This focus on operational efficiency and emissions reduction in existing international assets helps maintain favorable terms for regional product movement and future contract negotiations. The company is focused on maintaining its production base and using proceeds from the OxyChem transaction for debt reduction, which frees up capital for these international growth initiatives.

The company's Q3 2025 revenue was $6.72B, and its Q2 2025 unrestricted cash balance stood at $2.3 billion. Finance: draft 2026 capital allocation plan focused on organic growth by next month.

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Product Development

You're looking at how Occidental Petroleum Corporation (OXY) can grow by developing new products or significantly improving existing ones. This is about taking what you know-energy, chemicals, and carbon management-and packaging it differently or making it cleaner.

Develop and market low-carbon intensity oil and gas products.

Your core upstream business is already seeing efficiency gains that lower the carbon footprint of the barrels you sell. For instance, in the first quarter of 2025, total average global production was $\mathbf{1,391}$ thousand barrels of oil equivalent per day (Mboed). By the second quarter of 2025, that ticked up to $\mathbf{1,400}$ Mboed. The company even raised its full-year Q4 2025 total company production guidance to a midpoint of $\mathbf{1.45}$ million BOE per day. The intensity of $\text{CO}_2\text{e}$ emissions from your oil and gas operations saw a decrease of $\mathbf{11.15\%}$ from 2023 to 2024. You're using this operational improvement as a product feature, which is smart.

Here's a snapshot of the operational scale supporting this product development:

Metric	Q1 2025 Value	Q2 2025 Value	2025 Guidance Midpoint (Q4)
Total Company Production (Mboed)	$\mathbf{1,391}$	$\mathbf{1,400}$	$\mathbf{1.45}$ million
Oil & Gas Pre-Tax Income (Millions USD)	$\mathbf{\$1,700}$	$\mathbf{\$934}$	N/A

Introduce specialized chemical products from OxyChem for new industrial uses.

OxyChem, even with the reported plan to divest, is a source of steady, high-margin chemical products. For the full year 2024, the chemical division generated $\mathbf{\$1.12}$ billion in revenue. For the second quarter of 2025, OxyChem delivered pre-tax income of $\mathbf{\$213}$ million. You're also investing in the division to create better products; $\mathbf{\$600}$ million is planned for capital spending in 2025, part of a larger modernization cycle expected to add $\mathbf{\$300}$ million in annualized EBITDA starting in late 2026.

• Chlorine is the fourth-largest product line globally for Occidental Petroleum Corporation.
• Caustic soda demand is supported by export markets.
• The division's $\text{CO}_2\text{e}$ emissions intensity decreased by $\mathbf{4.9\%}$ year over year in 2024.

Scale up production of carbon-neutral oil through carbon capture offsets.

This is where the future product-carbon removal credits-comes into play. Your flagship STRATOS Direct Air Capture (DAC) facility is set to begin commercial operations in 2025, designed to remove $\mathbf{500,000}$ tonnes of $\text{CO}_2$ annually. This positions you to offer DAC Carbon Dioxide Removal (CDR) credits at a commercial scale. Furthermore, you have a $\mathbf{25}$-year offtake agreement with CF Industries to remove $\mathbf{2.3}$ million metric tons of $\text{CO}_2$ per year. The capital budget for Low-Carbon Ventures in 2025 is set at approximately $\mathbf{\$450}$ million, net of non-controlling interest.

Offer enhanced oil recovery (EOR) services as a consulting product.

Leveraging your $\mathbf{50}$-plus years of experience in $\text{CO}_2$ injection, you can package this expertise. You currently store up to $\mathbf{20}$ million tons of $\text{CO}_2$ per year, mostly from natural sources. The captured $\text{CO}_2$ from the new DAC facilities is planned for use in EOR, which is essentially selling a service that boosts production using captured carbon. This is a service product built on existing infrastructure and deep reservoir management knowledge.

Invest in advanced drilling fluids for internal use, then external sale.

You are heavily investing in operational efficiency, which can be productized later. Your planned capital expenditures for 2025 are between $\mathbf{\$7.6}$ billion and $\mathbf{\$7.8}$ billion, with $\mathbf{\$5.8}$ billion to $\mathbf{\$6.0}$ billion focused on developing oil and gas assets. These internal investments are yielding tangible results in drilling efficiency; you achieved a $\mathbf{17\%}$ improvement in drilling duration per well compared to 2024, which translated to an $\mathbf{18\%}$ reduction in drilling costs. That kind of cost reduction, driven by better internal processes like fluid management, is the precursor to an external service offering.

Finance: draft $\mathbf{13}$-week cash view by Friday.

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Diversification

You're looking at Occidental Petroleum Corporation's (OXY) aggressive pivot into low-carbon ventures as a core diversification strategy, moving beyond its traditional upstream focus, which still generated $6.7 billion in total revenue in Q3 2025.

Commercialize Direct Air Capture (DAC) technology as a service

Occidental Petroleum (OXY) is scaling its DAC efforts through its subsidiary 1PointFive. The flagship STRATOS plant in the Permian Basin is expected to commence commercial operations by the end of 2025. This facility is designed with an initial capacity to capture 500,000 metric tons of $\text{CO}_2$ per year (Mtpa), with the potential to rise to 1Mtpa. The company has an ambitious scenario to deploy 70 DAC facilities worldwide by 2035, and has announced plans to build 100 plants by 2035.

The cost structure for this service is still high, with current estimates for DAC technology ranging from $400-$500 per tonne of $\text{CO}_2$ captured. However, Occidental expects costs to drop to as low as $200-$250 per tonne once the business enters its "manufacturing mode" in the second half of this decade. Furthermore, Occidental was awarded up to $650 million in funding from the U.S. Department of Energy to help support the development of its second facility, the South Texas DAC hub.

Sell captured atmospheric $\text{CO}_2$ to new industrial and beverage markets

Occidental Petroleum (OXY) is securing long-term offtake agreements to guarantee revenue streams for its captured $\text{CO}_2$. A significant example is the 25-year agreement with CF Industries to sequester approximately 2.3 million metric tons of $\text{CO}_2$ per year to support the production of low-carbon ammonia. Also, in 2022, the company signed an agreement with SK Trading International to supply 200,000 barrels of net-zero oil over five years, which involves injecting about 100,000 tonnes of captured $\text{CO}_2$ into the ground to offset the lifecycle emissions of that oil. The midstream and marketing segment is responsible for purchasing, marketing, gathering, processing, transporting, and storing carbon dioxide ($\text{CO}_2$).

Establish a global business for Carbon Capture, Utilization, and Storage (CCUS)

Occidental Petroleum (OXY) is leveraging over 50 years of experience in injecting and storing $\text{CO}_2$ in geologic reservoirs, currently storing up to 20 million tons of $\text{CO}_2$ per year, mostly from natural sources. The company is budgeting $2 billion over the next five years for CCUS technologies, aiming to capture 25 million metric tons of $\text{CO}_2$ annually by 2030. The company plans to establish three carbon sequestration hubs by 2025. The cost structure for storage is segmented:

Storage Type	Estimated Cost per Tonne
Permanent Geological Storage	$180/tonne
Enhanced Oil Recovery (EOR)	$130/tonne
Utilization (includes synthetic fuels, cement)	$60/tonne

The South Texas site alone has the potential to store up to 3 billion tonnes of $\text{CO}_2$ in underground saline formations.

Partner with non-energy companies on large-scale decarbonization projects

Scaling these low-carbon projects requires significant external capital and collaboration. BlackRock agreed to invest $550 million into the STRATOS project. Furthermore, Occidental and ADNOC's investment firm, XRG, signed a framework agreement to evaluate a joint venture for a DAC facility in South Texas, where XRG is considering an investment of up to $500 million for a facility capturing 500,000 tonnes of $\text{CO}_2$ annually. The 25-year sequestration agreement with CF Industries represents a major commitment from a non-energy industrial partner.

The company is also engaging consumer-facing brands:

• Partnered with Liverpool FC to create merchandise using DAC technology, offsetting the carbon footprint of each product.
• Signed agreements to sell carbon credits to AT&T, Amazon, and TD.

Develop and sell carbon credits generated by OLCV projects to emitters

Occidental Petroleum (OXY) is actively monetizing its carbon removal through credit sales. In 2024, the company sold 13 million tons of carbon credits for a total value of $3.6 billion, which averages to $276/tonne. The targeted revenue for $\text{CO}_2$ captured from STRATOS is estimated between $580-$810 per tonne.

Key offtake agreements for these credits include:

• Microsoft bought 3.3 million in credits in 2025.
• Airbus entered an agreement in 2023 to buy 500,000 metric tons of carbon dioxide removal credits over six years from STRATOS.
• Google purchased 100,000 t$\text{CO}_2$e DAC credits in 2024 for $100 per tonne, for delivery in the early 2030s.

Occidental aims to sell approximately 65% to 75% of DAC credits generated from STRATOS through 2030, which is calculated to be between 1.63 million to 1.98 million credits. The company's Q2 2025 Operating Cash Flow was $3.0 billion, with Unrestricted Cash at $2.3 billion at the end of that quarter, providing capital to support these ventures, especially following the $9.7 billion cash sale of OxyChem expected to close in Q4 2025.