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Occidental Petroleum

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The lean, mean Oxy machine. - Engineer Occidental Petroleum Employee Review

3.0
Feb 28, 2017
Recommend
CEO approval
Business Outlook

Pros

Good 401k plan Great safety performance Generally good people Excellent college recruiting Generally receptive to what employees want (relocation, working in a different unit, etc.) Excellent relocation package (not as good for college hires) Layoffs pretty much never happen because headcount is already at "post-layoff" numbers Recently there's been tremendous career growth opportunity for young engineers because of low employee retention. It's not uncommon to see superintendents with ~4 years experience. Oxy has success through acquisition rather than building. Because of this, they have an interesting melting pot of cultures. Working at a different plant is almost like working for a different company. 9/80 schedules, which is typically also the case for plants outside of the Gulf.

Cons

Poor employee retention and often the reaction is to blame the people who left instead of looking inward. Poor "mid-level" recruiting. When oil prices are up, OxyChem doesn't see much of the profits. If oil prices are down, OxyChem gets punished. The compensation program punishes individual plants that are struggling (normally because of low retention), which then causes more retention issues. It's a lean company, so you need to be dedicated and put in the extra hours when necessary. College hires tend to be hired on and forgotten about. Mentoring and getting honest feedback can be like pulling teeth. There's a formal performance review system but it's not taken seriously at the plant level.

Explore other reviews about Occidental Petroleum

5.0
Jul 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Peak benefits, amazing coworkers, giant organization/market altering company to be apart of

Cons

Chances of promotion might come from retirements

5.0
Apr 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Compensation is solid for Houston energy: roughly $150K base plus ~$45K bonus/stock for DS-level roles, with a standout ~14% employer retirement contribution (7% 401k match + 7% company contribution). Benefits, PTO, and hybrid flexibility (M/F WFH, 9/80 schedule common) are consistently praised, and Texas has no state income tax. Overall comp & benefits rating is 4.2/5 company-wide on Glassdoor, and bonus upside scales with oil-cycle performance.

Cons

Base pay for ML/computational roles trails top-of-market (FAANG, quant, AI-first firms), and Houston DS employees specifically rated comp 1/5 on Glassdoor — suggesting pay compression or slow raises relative to market. Career progression is reportedly slow, with employees citing 12-year waits for promotion and salaries held toward the low end of the band. Bonus/LTI are tied to oil prices, so comp is cyclical, and recent layoffs tied to the OxyChem sale and debt-reduction push have made job security feel less certain than at integrated majors like XOM or CVX.

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