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List of Oxy's Acquisitions

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Oxy has completed 6 acquisitions. Peak activity saw 2 acquisitions in 2023, and 1 each in 2025 and 2019. Activity spanned 2 countries: United States (4 acquisitions) and Canada (1 acquisition). The company focused on 6 sectors, notably Air Management Services (2 acquisitions), Oil & Gas Upstream (1 acquisition), and Oil & Gas Midstream (1 acquisition). From 2020 to 2025, the average annual acquisition count was 0.6. No acquisitions have been completed in the current calendar year. Its most recent acquisition was Holocene Climate Corporation, a developer of direct air capture technology for carbon removal, located in Knoxville and completed in April 2025. This technology aims to efficiently capture carbon dioxide directly from the atmosphere, focusing on improving efficiency and reducing the cost of carbon dioxide capture to accelerate the deployment of direct air capture solutions to mitigate climate change.

Here's the year on year acquisition history of Oxy:

Year on year acquisition history of Oxy202520232019Acquisitions Round Date (Yearly)0123
  • Number of Total Acquisitions
Year
# Acquisitions
2025
1
2023
2
2019
1
2009
1
1996
1

Recent acquisitions by Oxy

Oxy's most recent acquisition - Holocene Climate Corporation is a Developer of direct air capture technology for carbon removal. This technology aims to efficiently capture carbon dioxide directly from the atmosphere. The process focuses on improving the efficiency and reducing the cost of carbon dioxide capture. The goal is to accelerate the deployment of direct air capture solutions to mitigate climate change. and located in Knoxville. Oxy acquired it in April 2025.

Here is the list of all acquisitions by Oxy sorted by the latest acquisition date:

Acquired on
Acquired Company
Acquisition Price
Facilitators
Stake Acquired
Acquisition Multiple
Apr 21, 2025
Undisclosed
-
43
171
Dec 11, 2023
$12B
83
652
Aug 15, 2023
$1.1B
-
35
742
Apr 12, 2019
Undisclosed
89
112
Oct 09, 2009
Undisclosed
27
867

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News related to Oxy's acquisitions

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Media has covered Oxy for a total of 92 events in the last 1 year, 15 of them have been about acquisition activity.

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FAQs about Acquisitions by Oxy

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