Occidental Petroleum Corporation
OXY
Energy
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Occidental Petroleum Corporation is an upstream oil and gas exploration and production company whose core business is the extraction of fossil fuels. In 2025, the company reported total revenues of $22.08 billion, derived from its global production, which averaged 1,481 thousand barrels of oil equivalent per day in the fourth quarter. Its operations are expansive; in the Mukhaizna Field alone, Occidental has drilled close to 3,600 new wells and produced over 607 million gross barrels since assuming operations.
The company’s strategic focus remains on expanding its fossil fuel reserves to drive long-term growth, as noted in its 2025 communications. Its operational conduct has included regulatory violations; in July 2025, Occidental was cited alongside Chevron and Civitas for falsified lab reports that underreported groundwater pollution levels. While Occidental publishes a climate report and GHG goals, its primary business model and capital allocation continue to be centered on the exploration and production of oil and gas.
Research Sources
3 organizations
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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