While Occidental's $6.9 billion in earnings last year weren't as jaw dropping as Exxon's $45 billion, it still broke company records. The oil and gas producer, which is based in Los Angeles, boasts low debt levels and $2 billion in cash.
Like Exxon, Occidental also benefits from a revenue stream other than oil--in this case, its chemicals business. --M.K.
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Last updated March 04 2009: 10:55 AM ET