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Operations Investors News Sustainability Careers Search Overview Our DEI Commitment Leadership Contact Us Overview Performance Production Overview Midstream and Power EOR Essential Chemistry Overview Chlor-Alkali Products Vinyl Products Chlorinated Organics Other Essentials OxyChem Sustainability Doing Business with OxyChem SDS Search Contact OxyChem Carbon Innovation Overview Projects and Ventures Technical Advisory Services Partnerships and Resources Contact Us Overview Financial Information Overview SEC Filings Annual Reports & Proxy Information Quarterly Earnings Stockholder Resources Overview Dividend History Historical Stock Lookup Stockholder FAQs Stockholder Contacts Governance Overview Governance Policies Board of Directors Board Committees Code of Business Conduct Political Contributions and Lobbying Executive Stock Ownership Guidelines UK Tax Strategy Contact Us Overview News Releases Publications Video Library Weather Update Contact Us Overview Principles of Governance Planet People Prosperity Contact Us Overview Explore Careers Overview Experienced Professionals Students & Graduates Life at Oxy Overview Benefits and Total Rewards Diversity, Inclusion and Belonging Talent Development Zero In Oxy is taking bold steps to innovate for a lower-carbon future. We’re forging new pathways to reduce emissions across our energy and chemical operations while providing products and services to help others do the same, with the ambition of achieving net zero. Learn more about how we Zero In™ 2023 Climate Report Producing vital energy to sustain people and our planet We continuously enhance our operations to deliver the energy that lifts up societies and economies around the world, while innovating new approaches to advance global sustainability. Explore Oxy Performance Production Essential chemistry for indispensable purposes A world leader in essential chemicals, we improve lives with indispensable products used for water purification and disinfection, pharmaceuticals and medical supplies, construction materials, automotive, refrigerants and more, with a commitment to safety and sustainability. Explore Oxy Essential Chemistry Advancing a low-carbon future We advance visionary technologies that accelerate global emissions reduction in our own operations and other industries, including a first-of-its-kind Direct Air Capture facility in the Permian Basin. Watch: Leading the Way Explore Oxy Carbon Innovation 00 00 Previous Next Expanding Opportunity and Human Achievement We are taking action to achieve diversity, equity and inclusion (DEI) within our workforce and in the broader community, with the goal of improving lives and making the world a more equitable place. Our DEI Commitment Across our operations, we connect. We progress. We innovate. We Zero In. Performance Production Performance Production For more than a century, our high-performing teams have driven advancements in the production of energy. Today we’re applying our culture of innovation to help solve our planet’s most pressing environmental challenges. We have built safe, efficient operations that harness the power of large-scale CO2 storage technology to drive our enhanced oil recovery (EOR) programs. At the same time, we’re taking concrete steps on the ground to reduce our emissions. Explore Performance Production Essential Chemistry Essential Chemistry OxyChem plays a critical role in creating products that improve lives, advance society and uplift the global community. We develop and manufacture chemical products used to purify water, build communities and vehicles, create climate-friendly refrigerants and produce life-saving pharmaceuticals and medical supplies. We focus on safe and sustainable manufacturing operations as we pursue a lower-carbon future. Explore Essential Chemistry Carbon Innovation Carbon Innovation As we take bold steps to reduce emissions across every facet of our business, we’re creating the future. Utilizing our robust CO2 management infrastructure, we are accelerating carbon capture, utilization and storage (CCUS), direct air capture and other visionary technologies to decarbonize our operations and help other industries do the same. Explore Carbon Innovation Performance Production For more than a century, our high-performing teams have driven advancements in the production of energy. Today we’re applying our culture of innovation to help solve our planet’s most pressing environmental challenges. We have built safe, efficient operations that harness the power of large-scale CO2 storage technology to drive our enhanced oil recovery (EOR) programs. At the same time, we’re taking concrete steps on the ground to reduce our emissions. Explore Performance Production Essential Chemistry OxyChem plays a critical role in creating products that improve lives, advance society and uplift the global community. We develop and manufacture chemical products used to purify water, build communities and vehicles, create climate-friendly refrigerants and produce life-saving pharmaceuticals and medical supplies. We focus on safe and sustainable manufacturing operations as we pursue a lower-carbon future. Explore Essential Chemistry Carbon Innovation As we take bold steps to reduce emissions across every facet of our business, we’re creating the future. Utilizing our robust CO2 management infrastructure, we are accelerating carbon capture, utilization and storage (CCUS), direct air capture and other visionary technologies to decarbonize our operations and help other industries do the same. Explore Carbon Innovation NYSE OXY Price ($) 62.80 Change -0.10 (-0.17%) Volume 1,831,621 May 14 2024 | 12:45PM | NYSE Visit Investor Center Our Net-Zero Pathway Oxy engages with our shareholders, government leaders, our value chain partners and environmental NGOs to strengthen our sustainability program and industry-leading pathway to net zero. The Transition Pathway Initiative (TPI) identified Oxy in November 2021 as one of only three oil and gas companies that "have set emissions reduction targets which are ambitious enough to reach Net Zero by 2050 and to align with TPI’s 1.5°C benchmark.” We have provided more details on our net-zero strategy, including interim 2024 and 2032 goals. We also have endorsed the Oil & Gas Methane Partnership 2.0 and published our Climate Policy Positions and Climate Advocacy and Engagement . We were the first U.S. upstream oil and gas company to enter into sustainability-linked credit facilities, under which the fees we pay are tied to GHG emission reductions. Learn More Read 2023 Climate Report Sustainability Oxy is an energy company, a chemical manufacturer and a carbon management leader. Strong environmental, social and governance (ESG) performance is central to everything we do and everything we stand for. Our goal is to work toward delivering net-zero products and solutions across our company, our industry and, ultimately, our world. Explore Sustainability Build the world’s future while building yours At Oxy we’re leading the way to a cleaner, more sustainable energy future through carbon capture and other leading-edge technologies. To get there, we’ll need big thinkers with big ambitions for their careers, our company, our industry and our planet. Sound like you? Join us. Explore Careers Mileposts on our journey to net zero Direct Air Capture: Groundbreaking technology in the Permian Construction is underway for our first Direct Air Capture (DAC) plant, STRATOS, in the Permian Basin. When construction is complete, it will be the largest facility of its kind in the world. Oxy formed 1PointFive, a development company, to finance and deploy Carbon Engineering’s large-scale DAC technology for this groundbreaking project. Artist rendering shown . Goldsmith: Powering our field operations with solar to reduce carbon intensity Oxy has built a large-scale solar facility in the heart of its Permian Basin operations near Odessa, Texas. The 120-acre facility uses...