Proof of Usefulness Report

Occidental Petroleum

Analysis completed on 1/26/2026

+705
Proof of Usefulness Score
Category Standard

Occidental Petroleum (Oxy) is a verified Fortune 500 energy major with immense real-world utility and global infrastructure. The project scores exceptionally high on traction and reach due to its verifiable $42B+ market cap and essential role in energy and chemical supply chains. However, the submission quality is extremely poor, providing minimal detail and relying entirely on public brand recognition. The high score reflects the entity's actual scale and pivot towards carbon capture (climatetech), adjusted downward for the lack of specific evidence provided in the application.

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Score Breakdown

Real World Utility+180
Audience Reach Impact+160
Technical Innovation+96
Evidence Of Traction+250
Market Timing Relevance+70
Functional Completeness+2.5
Subtotal+758.5
Usefulness Multiplierx0.93
Final Score+705

Project Details

Project URL
Description
Occidental Petroleum, commonly known as Oxy, is a leading international energy company with operations in the United States, the Middle East, and Latin America. The company is headquartered in Houston, Texas, and is engaged in the exploration and production of oil and natural gas. Occidental is also involved in the chemical manufacturing sector through its subsidiary, OxyChem, which produces basic chemicals and vinyls. The company is committed to sustainable practices and reducing its carbon footprint, with initiatives focused on carbon capture, utilization, and storage (CCUS) technologies. Through its diverse portfolio and strategic operations, Occidental Petroleum aims to deliver energy solutions while maintaining a strong focus on environmental responsibility and shareholder value.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline