Key Points Occidental Petroleum is an exceptionally efficient oil and gas producer. The company is also a leader in carbon capture and storage, a promising technology. However, Oxy's future still hinges largely on volatile oil prices. 10 stocks we like better than Occidental Petroleum › What's the most important geographical hub for energy companies? It's Texas. The Lone Star State is home to many of the world's biggest oil and gas producers, pipeline operators, and more. If you wanted to narrow ...