employer cover photo
employer logo
employer logo

Occidental Petroleum

Is this your company?

Great Company - Reservoir Engineer Occidental Petroleum Employee Review

5.0
Jul 7, 2025
Recommend
CEO approval
Business Outlook

Pros

Good assets in great basins. You get to work with really good, smart people.

Cons

Large companies always come with tradeoffs. There is more consistency and stability, but you are typically a small part of a very large machine.

Explore other reviews about Occidental Petroleum

5.0
May 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work/life balance Competitive pay

Cons

New buy out decreased in benefits

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