ExxonMobil (NYSE: XOM) is a global oil and gas industry behemoth. It's a leading hydrocarbon producer. It also boasts a globally integrated business, enabling it to maximize the value of the hydrocarbons it produces. Meanwhile, Exxon has an emerging low-carbon business.

Occidental Petroleum (NYSE: OXY) shares many of those same features, albeit on a smaller scale. However, the company has grand growth ambitions – it beat out oil giant Chevron (NYSE: CVX) to acquire Anadarko Petroleum in 2019. Here's a look at whether it could eventually become a mega-cap oil stock like Exxon.

ExxonMobil is currently the largest U.S. oil company by market cap:

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Source Fool.com