employer cover photo
employer logo
employer logo

Occidental Petroleum

Is this your company?

Senior Analyst - Midstream and Marketing - Senior Financial Analyst Occidental Petroleum Employee Review

2.0
Sep 8, 2018
Recommend
CEO approval
Business Outlook

Pros

Oxy as a whole has great benefits: 401(k), pension, health, and overall retirement.

Cons

I cannot speak for Oxy E&P, just the midstream and marketing side. The organization has long hours; 55/60+ per week, even outside of the financial monthly close. Additionally, management has decided to implement three organizational structure changes which have caused instability at the analyst/accountant level. Furthermore, the corporate controller has unrealistic expectations on deliverable timelines which adds additional pressure on each analyst. Finally, the organization decided to implement a new trading software, new team structures, and type of deliverables.

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.

See reviews by: Helpful|Rating|Date|All