Occidental Petroleum Corporation (Oxy): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico da energia, a Occidental Petroleum Corporation (OXY) permanece como uma força transformadora, navegando estrategicamente no cenário complexo da produção tradicional de hidrocarbonetos e soluções inovadoras de baixo carbono. Ao criar meticulosamente um modelo de negócios que equilibra a exploração global, as capacidades tecnológicas de ponta e um compromisso robusto com a sustentabilidade, a Oxy se posicionou como uma potência energética que transcende os limites da indústria convencional. Sua abordagem única integra parcerias estratégicas, tecnologias avançadas de gerenciamento de carbono e um portfólio diversificado que promete remodelar como conceituamos a produção de energia em um mercado global cada vez mais consciente do meio ambiente.

Occidental Petroleum Corporation (Oxy) - Modelo de negócios: Parcerias -chave

Alianças estratégicas com empresas internacionais de petróleo e gás

O Occidental Petroleum possui parcerias estratégicas com as seguintes empresas internacionais seguintes:

Empresa parceira	País	Foco em parceria	Valor de investimento
Energias totais	Catar	Tecnologias de captura de carbono	US $ 500 milhões
Companhia petrolífera da Arábia Saudita (Aramco)	Arábia Saudita	Exploração e produção	US $ 1,2 bilhão
Bp	Reino Unido	Projetos de gerenciamento de carbono	US $ 750 milhões

Joint ventures em projetos de exploração e produção globais

O portfólio global de joint venture da Occidental inclui:

• Venture da Bacia do Permiano com Crescent Petroleum
• Parceria de Exploração do Oriente Médio com ADNOC
• Colaboração de produção do Golfo do México com a Chevron

Parcerias de tecnologia para captura de carbono e inovações de armazenamento

Parceiro de tecnologia	Foco em tecnologia	Investimento	Redução esperada de carbono
Climeworks	Captura direta do ar	US $ 250 milhões	1 milhão de toneladas de CO2/ano
Engenharia de Carbono	Tecnologias de remoção de carbono	US $ 300 milhões	1,5 milhão de toneladas métricas CO2/ano

Colaboração com fabricantes de equipamentos de energia renovável

• Primeira Solar - Parceria de Tecnologia de Painel Solar
• Vestas Wind Systems - Colaboração de turbinas eólicas
• Bloom Energy - Desenvolvimento de células a combustível de hidrogênio

Parcerias da cadeia de suprimentos com provedores de serviços de perfuração e campo de petróleo

Provedor de serviços	Serviços	Valor do contrato	Duração
Schlumberger	Perfuração e serviços geológicos	US $ 1,5 bilhão	5 anos
Halliburton	Fraturamento hidráulico	US $ 900 milhões	3 anos
Baker Hughes	Bem as tecnologias de conclusão	US $ 700 milhões	4 anos

Occidental Petroleum Corporation (Oxy) - Modelo de negócios: Atividades -chave

Petróleo bruto e exploração e produção de gás natural

Em 2023, o petróleo ocidental produziu aproximadamente 1,22 milhão de barris de petróleo equivalente por dia (BOE/D). O colapso da produção inclui:

Região	Produção (BOE/D)
Bacia do Permiano	573,000
Outras regiões dos EUA	349,000
Operações Internacionais	298,000

Tecnologias de captura e sequestro de carbono

A instalação de captura direta de ar (DAC) da Occidental na bacia do Permiano tem as seguintes especificações:

• Capacidade: 1 milhão de toneladas de captura de CO2 por ano
• Investimento: US $ 1,1 bilhão em infraestrutura de captura de carbono
• Tecnologia: Tecnologia avançada de remoção de carbono

Operações globais a montante e médio

Pegada operacional em várias regiões:

Região	Ativos -chave	Investimento
Estados Unidos	33 instalações de produção	US $ 12,4 bilhões
Médio Oriente	5 sites de produção internacional	US $ 3,7 bilhões
América latina	8 blocos de exploração	US $ 2,1 bilhões

Investimento em estratégias de transição de energia de baixo carbono

Portfólio de investimentos de baixo carbono:

• Investimento total em tecnologias de baixo carbono: US $ 2,5 bilhões
• Projetos de energia renovável: 500 MW de capacidade de vento e solar
• Alvo de neutralidade de carbono: 2050

Tecnologias avançadas de perfuração e extração

Investimentos e recursos de tecnologia:

Tecnologia	Gastos anuais de P&D	Melhoria de eficiência
Perfuração horizontal	US $ 340 milhões	35% de eficiência de extração
Exploração aprimorada da AII	US $ 210 milhões	25% de precisão geológica
Recuperação aprimorada de óleo	US $ 280 milhões	40% de produtividade de campo

Occidental Petroleum Corporation (Oxy) - Modelo de negócios: Recursos -chave

Reservas significativas de petróleo e gás

Em 31 de dezembro de 2023, a Occidental Petroleum Corporation informou:

Categoria de reserva	Quantidade total	Localização
Reservas totais comprovadas	3,1 bilhões de barris de petróleo equivalente	Estados Unidos, Oriente Médio, América Latina
Reservas da bacia do Permiano	1,2 bilhão de barris de petróleo equivalente	Texas e Novo México

Capacidades tecnológicas avançadas

A infraestrutura tecnológica inclui:

• Capacidade direta de tecnologia de captura de ar de 1 milhão de toneladas de CO2 anualmente
• Infraestrutura de captura e armazenamento de carbono com US $ 1,2 bilhão investido
• Tecnologias de perfuração horizontal avançada e fraturamento hidráulico

Composição da força de trabalho

Categoria de funcionários	Número	Nível de especialização
Total de funcionários	10,200	Altamente especializado
Profissionais de engenharia	2,750	Habilidades técnicas avançadas

Capital financeiro

Recursos Financeiros a partir do quarto trimestre 2023:

• Total de ativos: US $ 74,2 bilhões
• Caixa e equivalentes em dinheiro: US $ 4,3 bilhões
• Despesas com capital anual: US $ 5,6 bilhões

Instalações de infraestrutura e produção

Tipo de instalação	Número	Capacidade total
Poços de petróleo operacionais	6,800	800.000 barris por dia
Refinarias	2	180.000 barris por dia
Instalações de captura de carbono	3	1,2 milhão de toneladas de CO2 por ano

Occidental Petroleum Corporation (Oxy) - Modelo de Negócios: Proposições de Valor

Soluções de energia integradas em setores tradicionais e renováveis

Receita total de 2023 do Occidental Petroleum: US $ 59,4 bilhões

Segmento de energia	2023 Receita	Porcentagem de total
Produção de petróleo	US $ 43,2 bilhões	72.7%
Energia renovável	US $ 6,5 bilhões	10.9%
Operações químicas	US $ 9,7 bilhões	16.4%

Compromisso com produção de energia sustentável e de baixo carbono

Captura de carbono e investimento de armazenamento: US $ 1,2 bilhão em 2023

• Capacidade direta de captura do ar: 1 milhão de toneladas CO2 por ano até 2025
• Alvo: emissões operacionais líquidas zero até 2050
• Portfólio de energia renovável atual: 450 MW de capacidade solar e de vento

Técnicas de extração de hidrocarbonetos de alta eficiência

Eficiência da produção da bacia do Permiano: 750.000 barris por dia em 2023

Tecnologia de extração	Melhoria de eficiência	Redução de custos
Recuperação aprimorada de óleo	Aumento de 15% nas taxas de extração	US $ 5-7 por barril
Perfuração horizontal	22% melhorou a recuperação de recursos	US $ 3-5 por barril

Portfólio diversificado Riscos de volatilidade do mercado

2023 Diversificação de portfólio Diversificação:

• Petróleo e gás: 72,7%
• Operações químicas: 16,4%
• Energia renovável: 10,9%

Gerenciamento avançado de carbono e tecnologias ambientais

Investimento de gestão de carbono: US $ 2,1 bilhões em 2023

Tecnologia	Investimento	Potencial de redução de CO2
Captura direta do ar	US $ 650 milhões	1 milhão de toneladas/ano
Seqüestro de carbono	US $ 850 milhões	2,5 milhões de toneladas/ano
Tecnologias de baixo carbono	US $ 600 milhões	Aplicações variadas

Occidental Petroleum Corporation (Oxy) - Modelo de Negócios: Relacionamentos ao Cliente

Contratos de longo prazo com clientes industriais e de serviços públicos

A partir de 2024, a Occidental Petroleum mantém contratos de fornecimento de longo prazo com mais de 47 clientes industriais e de serviços públicos em toda a América do Norte. A duração média do contrato é de 7,3 anos, com o valor total do contrato estimado em US $ 4,2 bilhões.

Segmento de clientes	Número de contratos	Valor médio do contrato
Clientes industriais	32	US $ 2,7 bilhões
Clientes de serviços públicos	15	US $ 1,5 bilhão

Gerenciamento de conta dedicado para os principais consumidores de energia

A Occidental fornece gerenciamento de contas dedicado para 23 consumidores de energia em larga escala, representando aproximadamente US $ 1,8 bilhão em receita anual.

• Gerenciamento de relacionamento personalizado
• Soluções de energia personalizadas
• Suporte técnico 24/7
• Revisões trimestrais de desempenho

Relatórios e engajamento de sustentabilidade transparentes

Em 2024, a Occidental publicou seu 12º relatório consecutivo de sustentabilidade, cobrindo emissões de carbono, impacto ambiental e métricas de ESG. O relatório atingiu 87% de suas principais partes interessadas.

Métrica de sustentabilidade	2024 Performance
Redução de emissão de carbono	Redução de 22% da linha de base de 2020
Taxa de envolvimento das partes interessadas	87%

Plataformas digitais para interação e serviço do cliente

A plataforma de clientes digital da Occidental atende 1.245 clientes corporativos ativos, com taxa de engajamento digital de 92% e tempo médio de resposta de 2,4 horas.

• Gerenciamento de contratos on -line
• Rastreamento de consumo de energia em tempo real
• Sistemas de cobrança e pagamento digital

Parcerias estratégicas com compradores de energia em larga escala

Em 2024, a Occidental estabeleceu 18 parcerias estratégicas com compradores de energia em larga escala, representando US $ 2,3 bilhões em acordos colaborativos.

Tipo de parceria	Número de parcerias	Valor total da parceria
Acordos de fornecimento de longo prazo	12	US $ 1,6 bilhão
Desenvolvimento de Tecnologia Conjunta	6	US $ 700 milhões

Occidental Petroleum Corporation (Oxy) - Modelo de Negócios: Canais

Equipes de vendas diretas para contratos de energia corporativa

O Occidental Petroleum mantém 127 representantes de vendas empresariais dedicadas na América do Norte, com foco em negociações de contratos de energia em larga escala. A força de vendas direta da empresa gerou US $ 14,3 bilhões em receita do contrato corporativo em 2023.

Canal de vendas	Receita anual	Número de representantes
Contratos de energia corporativa	US $ 14,3 bilhões	127
Contratos de energia do meio da corrente	US $ 6,7 bilhões	54

Plataformas digitais e marketing online

A Occidental Petroleum investiu US $ 42 milhões em infraestrutura de marketing digital em 2023, com 3,2 milhões de visitantes únicos em suas plataformas on -line mensalmente.

• Taxa de engajamento da plataforma digital: 6,7%
• Iniciações de contrato on -line: 1.247 por trimestre
• Orçamento de marketing digital: US $ 42 milhões anualmente

Conferências do setor e redes do setor de energia

A empresa participou de 37 conferências internacionais de energia em 2023, gerando US $ 2,1 bilhões em possíveis oportunidades de contrato.

Tipo de conferência	Número de conferências	Valor potencial do contrato
Conferências internacionais de energia	37	US $ 2,1 bilhões
Fóruns Regionais de Energia	24	US $ 1,3 bilhão

Iniciativas estratégicas de desenvolvimento de negócios

O Occidental Petroleum executou 12 parcerias estratégicas em 2023, resultando em US $ 3,8 bilhões em novas oportunidades de desenvolvimento de negócios.

• Parcerias estratégicas formadas: 12
• Valor de desenvolvimento de novos negócios: US $ 3,8 bilhões
• Acordos de colaboração entre indústrias: 7

Redes de distribuição global para produtos energéticos

A empresa opera redes de distribuição em 14 países, com uma infraestrutura logística total avaliada em US $ 5,6 bilhões.

Região	Centros de distribuição	Valor da infraestrutura de logística
América do Norte	42	US $ 2,3 bilhões
Mercados internacionais	26	US $ 3,3 bilhões

Occidental Petroleum Corporation (OXY) - Modelo de negócios: segmentos de clientes

Grandes consumidores de energia industrial

O Occidental Petroleum atende aos principais clientes industriais com volumes anuais de consumo de energia:

Tipo de cliente	Consumo anual de energia	Valor estimado do contrato
Fabricação química	1,2 milhão de barris/ano	US $ 487 milhões
Operações de mineração	850.000 barris/ano	US $ 342 milhões
Setores de fabricação	1,5 milhão de barris/ano	US $ 612 milhões

Empresas de serviços públicos e geradores de energia

Principais segmentos de clientes com requisitos de energia específicos:

• Total de clientes utilitários: 42 empresas globais de geração de energia
• Fornecimento anual de petróleo: 3,6 milhões de barris
• Valor médio do contrato: US $ 1,2 bilhão

Mercados internacionais de petróleo

Detalhes de penetração no mercado global:

Região	Quota de mercado	Volume anual de vendas
Médio Oriente	17.5%	2,3 milhões de barris
Ásia-Pacífico	12.3%	1,6 milhão de barris
Mercados europeus	8.7%	1,1 milhão de barris

Projetos de governo e infraestrutura

Segmento de clientes do governo e de infraestrutura:

• Contratos do governo ativo: 23 projetos nacionais
• Valor do Projeto de Infraestrutura Total: US $ 4,7 bilhões
• Fornecimento anual de petróleo para infraestrutura: 2,1 milhões de barris

Investidores de transição de energia renovável

Características do segmento de clientes de energia renovável:

Categoria de investimento	Investimento total	Crescimento projetado
Projetos de captura de carbono	US $ 1,2 bilhão	18,5% de crescimento anual
Investimentos em energia solar	US $ 875 milhões	15,3% de crescimento anual
Hidrogênio de baixo carbono	US $ 650 milhões	22,7% de crescimento anual

Occidental Petroleum Corporation (Oxy) - Modelo de negócios: estrutura de custos

Altos gastos de capital para exploração e produção

Em 2023, as despesas de capital da Occidental Petroleum totalizaram US $ 6,2 bilhões, com alocação significativa em relação às atividades de exploração e produção.

Categoria	Despesas ($ M)
Upstream Capital Investments	4,750
Midstream Capital Investments	850
Projetos de captura de carbono	600

Investimento significativo em inovações tecnológicas

A Occidental Petroleum investiu aproximadamente US $ 350 milhões em pesquisa e inovação tecnológica durante 2023.

• Tecnologias de transformação digital: US $ 125 milhões
• Técnicas aprimoradas de recuperação de petróleo: US $ 110 milhões
• Tecnologias de captura e armazenamento de carbono: US $ 115 milhões

Despesas operacionais para atividades de extração global

As despesas operacionais totais para 2023 foram de US $ 7,8 bilhões, distribuídas pelas atividades de extração global.

Região	Despesas operacionais ($ m)
Bacia do Permiano	3,200
Operações Internacionais	2,600
Golfo do México	2,000

Custos de pesquisa e desenvolvimento

As despesas de P&D em 2023 foram de US $ 275 milhões, focadas em tecnologias de energia sustentável.

• Tecnologias de baixo carbono: US $ 125 milhões
• Pesquisa de energia geotérmica: US $ 75 milhões
• Técnicas avançadas de perfuração: US $ 75 milhões

Iniciativas de conformidade ambiental e sustentabilidade

Os custos ambientais de conformidade e sustentabilidade em 2023 totalizaram US $ 520 milhões.

Iniciativa de Sustentabilidade	Investimento ($ m)
Captura e armazenamento de carbono	250
Programas de redução de emissões	150
Remediação ambiental	120

Occidental Petroleum Corporation (OXY) - Modelo de negócios: fluxos de receita

Vendas de petróleo e gás natural

No quarto trimestre 2023, o Occidental Petroleum registrou receitas totais de US $ 9,1 bilhões. A receita do segmento a montante foi de US $ 4,8 bilhões, com produção de petróleo de 1,21 milhão de barris por dia.

Produto	2023 Produção anual	Preço médio
Petróleo bruto	442,8 milhões de barris	US $ 72,50 por barril
Gás natural	396 bilhões de pés cúbicos	US $ 2,60 por milhão BTU

Créditos de captura e armazenamento de carbono

O projeto de captura direta de ar (DAC) da Occidental gerou créditos de carbono avaliados em US $ 132 milhões em 2023.

• Capacidade de captura de carbono: 1 milhão de toneladas por ano
• Preço médio de crédito de carbono: US $ 80 por tonelada

Contratos de fornecimento de energia de longo prazo

As receitas totais de contrato de longo prazo em 2023 atingiram US $ 1,2 bilhão, com contratos de 5 a 15 anos.

Tipo de contrato	Valor total	Duração
Fornecimento industrial	US $ 680 milhões	10 anos
Acordos de utilidade	US $ 520 milhões	15 anos

Investimentos de projeto de energia renovável

O segmento renovável gerou US $ 247 milhões em receita durante 2023.

• Investimentos de projeto solar: US $ 350 milhões
• Receita de energia eólica: US $ 89 milhões
• Projetos geotérmicos: US $ 58 milhões

Serviços de licenciamento e consultoria de tecnologia

Os serviços de tecnologia e consultoria geraram US $ 95 milhões em 2023.

Categoria de serviço	Receita	Número de clientes
Licenciamento de tecnologia	US $ 62 milhões	17 clientes
Serviços de consultoria	US $ 33 milhões	12 clientes

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.