Occidental Petroleum Corp
OXY: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| #% | LOCK|@H& | LOCK|x^ |
OxyChem Sale Will Help Occidental's Balance Sheet, but More of the Benefits Go to Bondholders
Business Strategy and Outlook
Occidental is one of the world's largest independent oil and gas producers. Its upstream operations are spread across the US, the Middle East, and North Africa. It has a consolidated midstream business, which provides gathering, processing, and transport services to the upstream segment, and it holds a majority equity interest in Western Midstream.
