Argus
•
May 15, 2025
Occidental Petroleum Corporation: Waiting for a more favorable entry point
Summary
OXY is an international oil and gas exploration and production company with operations in the United States, the Middle East, and Latin America. Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. The company's wholly owned OxyChem subsidiary manufactures and markets chlor-alkali products and vinyls. Occidental's midstream and marketing segment gathers, processes, and markets hydrocarbons and other commodities. The company was founded in 1
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Analyst Profile
William V. Selesky
Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.
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