Top 20 Oil Producing Companies in the US

4. Occidental Petroleum Corporation (NYSE:OXY)

Revenue reported in 2023: $28.26 billion

With its subsidiaries, Occidental Petroleum Corporation (NYSE:OXY) works in the field of oil and gas exploration in the United States, the Middle East, and North Africa.

For 2024, Occidental Petroleum Corporation (NYSE:OXY) has projected a marginal increase in oil and gas production to 1.25 million barrels of oil equivalent per day (bopd). It expects an increase in productivity in the U.S. Permian basin and the Rocky Mountains, with a slight volume decline from the Gulf of Mexico.