Occidental Petroleum

OXY

Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as petrochemical manufacturing in the United States, Canada, and Chile. It is organized in Delaware and headquartered in Houston. The company is ranked 292nd on the Forbes Global 2000 and 167th on the Fortune 500.In 2018, the company was the 9th largest petroleum producer in Texas.Occidental Petroleum is responsible for 0.26% of global industrial greenhouse gas emissions from 1988 to 2015.

Occidental Petroleum has been a target of short sellers for a while. The current short interest of 2.10% is roughly at the average of the last 12 months (3.14%).