Oxy reports strong operational performance which drove second quarter operating cash flow of $3 Bn with total company production exceeding the mid-point of guidance with 1,400 Mboed and midstream and marketing exceeding the high-end of guidance for pre-tax adjusted income. Deleveraging progress: • Repaid $3 Bn of debt year-to-date through a combination of asset sales, organic cash flow and proceeds from warrants exercised. Capital and operating cost reductions: • Year-to-date, we’ve realized or identified $500 million in expected capital and operating cost reductions from the original guidance. Read the full release: https://bit.ly/40WJ1UB
About us
Oxy is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.
- Website
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http://www.oxy.com
External link for Oxy
- Industry
- Oil and Gas
- Company size
- 10,001+ employees
- Headquarters
- Houston, TX
- Type
- Public Company
- Specialties
- Oil and Gas, Energy, Chemicals, and Petrochemicals
Locations
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Primary
Houston, TX 77046, US
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Dallas, TX 75244, US
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Midland, Texas 79706, US
Employees at Oxy
Updates
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We’re proud to share our latest progress as we work to reduce emissions and advance low-carbon technologies. From sustaining zero routine flaring in our U.S. oil and gas operations to completing construction of capture unit Trains 1 and 2 at STRATOS— 2024 was a year of progress for our contributions to a lower-carbon economy. Read the full report: https://bit.ly/3GQRaTV Image: STRATOS Direct Air Capture Facility, Texas
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Happy #NationalInternDay! Today we celebrate the bright minds and future leaders who bring fresh ideas, energy and enthusiasm to our teams. Thank you to all our #OxyInterns for your hard work, curiosity, and dedication. You're helping shape the future of this industry, and we're so proud to be part of your journey. #WeAreOxy
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Congratulations to our President and CEO, Vicki Hollub, and all the remarkable women recognized this year — your achievements will continue to inspire generations of leaders across Texas and beyond.
Inducting five remarkable Texas women into the 2025 Texas Women’s Hall of Fame. Cecilia & I thank them for their contributions in business, public service, science, & more. Each honoree is an inspiration for the next generation of achievers who will follow in their footsteps.
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Every year, we host an Intern Summit—a full day experience designed to inspire and empower our interns. They connect with key leaders, network, and engage in meaningful development opportunities. It’s a chance for them to gain a deeper understanding of Oxy, strengthen their connections and have some fun!
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Oxy congratulates ADNOC Group's Dr. Sultan Ahmed Al Jaber on receiving the 2026 Distinguished Global Leadership Award from the Middle East Institute. A well-deserved honor for a visionary leader shaping the future of energy.
MEI is proud to announce that it will honor Dr. Sultan Ahmed Al Jaber with its Distinguished Global Leadership Award. The award recognizes his role in advancing the progressive vision of the UAE leadership in energy, advanced technology, socioeconomic growth, and international collaboration. For over 20 years, Dr. Sultan has combined public service with global business leadership, championing robust corporate governance standards and a pragmatic approach to the evolving global energy landscape. He will be honored at MEI’s 78th Annual Gala in Washington, D.C., in March 2026. Read our full press release here: https://lnkd.in/gjeGHT83 (MEI) يفخر معهد الشرق الأوسط بالإعلان عن اختيار د. سلطان أحمد الجابر لجائزة “القيادة العالمية المتميزة”، وذلك تقديراً لجهوده في تنفيذ الرؤية الاستشرافية للقيادة في دولة الإمارات في مجالات الطاقة، وتطوير التكنولوجيا، وتعزيز النمو الاقتصادي والاجتماعي، وتوثيق التعاون الدولي، والاستثمار في تنمية مهارات جيل الشباب وإعداد القيادات المستقبلية. يمتلك د. سلطان أحمد الجابر خبرة كبيرة تزيد على 20 عاماً في القطاع الحكومي وفي ريادة الأعمال العالمية، ويركز على الحوكمة والإدارة الذكية وتبنّي نهج واقعي وعملي وشامل يواكب تطورات مشهد الطاقة العالمي. سيتم تسليم الجائزة في الحفل السنوي الثامن والسبعين للمعهد الذي سيقام في العاصمة الأمريكية واشنطن في شهر مارس 2026. بالإمكان الاطلاع على البيان الصحفي الكامل عبر هذا الرابط:
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Our annual Oxy Night at the Park tradition brought together thousands of employees, families, and community partners across the country! From first pitches by Oxy leaders to family-friendly fun – these nights are always nights to remember. Special thanks to our incredible partners: The Astros Foundation Houston Astros Midland RockHounds Colorado Rockies
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We’re proud to celebrate the transformation of Ayres Natural Bridge Park—a wonderful park in Converse County, Wyoming. Thanks to the incredible partnership with The Great Outdoors Fund, this special place just got even better.
🎉 Another project is in the books—and this one is truly special! We’re excited to share the official video from the Ayres Natural Bridge Park project. This place has always been a gem, and now—with these new upgrades—it’s even better. A huge word of thanks to our friends at Oxy for their incredible support. Their partnership, both on the ground and behind the scenes, made all of this possible. We hope you’ll take a few minutes to watch the video and—if you’re ever near Converse County, Wyoming—make a stop at this one-of-a-kind spot. It truly is a special place! #TheGreatOutdoorsFund #GetBackToNature #WeAreOxy
Ayres Natural Bridge Park Project
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Our hearts are with the communities and families impacted by the devastating flooding of the Guadalupe River. We are proud to partner with the American Red Cross and the Community Foundation of the Texas Hill Country as they provide critical emergency support in Kerrville and the surrounding communities. If you’d like to show your support, donations to the Kerr County Relief Fund can be made at: https://bit.ly/44QljeZ
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