
OXY Pivots to Permian Focus with $9.7 Billion OxyChem Sale and 8% Production Growth
Occidental Petroleum CorporationDescription
What this story covers
Occidental Petroleum’s 2025 10-K details a strategic shift toward oil and gas following the 9.7 billion dollar OxyChem sale. Despite lower prices, OXY grew production by 8 percent and prioritized aggressive debt reduction and sustainable shareholder dividends.
Story snapshot
CompanyOccidental Petroleum Corporation
TickerOXY
VariantStandard detailed
Duration13:30
Filing type10-K
PeriodAnnual 2025
IndustryEnergy
Accession0001628280-26-009059
Sources1
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