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With a market cap of $55.6 billion, Occidental Petroleum Corporation (OXY) is an energy company engaged in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through two main segments: Oil and Gas, and Midstream and Marketing.
Shares of the Houston, Texas-based company have outperformed the broader market over the past 52 weeks. OXY stock has increased 26.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.7%. In addition, shares of the company are up 36.7% on a YTD basis, compared to SPX's 8.7% rise.
