Their other main business is chemicals. "Occidental's OxyChem subsidiary is one of the world's largest commodity chemical producers, with interests in chlorovinyls, specialty businesses and petrochemicals."
Occidental was founded in 1920 as a California oil and gas production company. Now, they have oil and gas production in eight countries and exploration projects in 12 countries.
Buy | 100 Shares @ 15 | OXY | Occidental Petroleum | $1,500.00 | ||||
Commission | $14.95 | |||||||
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TOTAL | $1,514.95 |
Net proceeds from the sale. | $2,047.55 | |||||||
Less acquisition costs = net profit before taxes (Capital Gains) | $532.60 |
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