Revenue segments as reported by the company.

Oil & Gas

Chemical

Midstream & Marketing

Eliminations

Interest, dividends and other income

Gains (losses) on sale of assets, net

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Purchased commodities

Selling, general and administrative

Other operating and non-operating expense

Taxes other than on income

Depreciation, depletion and amortization

Asset impairments and other charges

Anadarko acquisition-related costs

Exploration expense

Interest and debt expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Occidental Petroleum

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Occidental Petroleum posts record earnings, focuses on sustainable growth

Occidental Petroleum (OXY) delivered strong financial results in Q4 2022, driven by record net income and free cash flow, showcasing operational excellence and financial discipline.
The company's strategic focus on debt reduction, shareholder returns, and low-carbon initiatives positions it well for sustainable growth and value creation.
While facing challenges in production maintenance and cost management, OXY's diversified capital plan and cautious approach to investments present opportunities for future growth and resilience.

Occidental Petroleum excels in Q1, prioritizes sustainability and shareholder value

Occidental Petroleum's Q1 2023 performance reflects operational excellence, financial strength, and a strategic focus on enhancing shareholder value through capital allocation.
Despite inflation challenges, the company's proactive approach to cost management and investment in sustainable technologies underscores a commitment to long-term growth.
By prioritizing shareholder returns, innovation, and sustainability, Occidental Petroleum is well-positioned to navigate uncertainties and capitalize on growth opportunities in the energy sector.

Occidental Petroleum (OXY) reports record Q2 results and advances sustainability goals

Occidental Petroleum (OXY) delivered a strong performance in Q2 2023, driven by operational excellence, financial discipline, and a focus on sustainability. Despite labor challenges, the company remains focused on efficiency improvements, growth opportunities, and innovation in carbon capture projects. Share repurchase program and strategic capital allocation aim to enhance shareholder value and position the company for future success.

Occidental Petroleum reports record Q3 performance and advances sustainability initiatives

Occidental Petroleum (OXY) showcased robust operational and financial performance in Q3 2023, driven by strong oil and gas production and successful execution of strategic initiatives.
The company's focus on shareholder returns, innovation in DAC technology, and commitment to sustainability position OXY for long-term growth and value creation.
While facing challenges such as inflation impacts and technological advancements, OXY remains agile in capital allocation, resource optimization, and strategic partnerships to navigate industry dynamics.

Occidental Petroleum reports robust 2023 performance and eyes sustainable growth

Occidental Petroleum's strong financial performance in 2023, operational advancements, and strategic acquisitions position the company for growth. While facing challenges like project delays, the focus on EOR and low carbon ventures presents significant opportunities for sustainable development and increased profitability.

Occidental Petroleum exceeds Q3 expectations, focuses on growth and debt reduction

Occidental Petroleum's Q3 2024 earnings call showcased strong financial performance, operational achievements, and progress on strategic initiatives. With a focus on debt reduction, capital investments, and operational excellence, OXY is poised for sustainable growth and value creation. The company's ability to navigate challenges and capitalize on opportunities bodes well for its future prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids, and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.

Anadarko Petroleum

Chevron

Oil driller Anadarko Petroleum is in the middle of a fight, and its shareholders are going to win big-time.

Why Anadarko Petroleum's Stock Rocketed 60% Higher in April

The board of directors of Occidental Petroleum Corp. on Sunday announced that it had revised its offer to acquire Anadarko Petroleum Corp.

Why Occidental Added More Cash to Offer for Anadarko

"It's also a bet on the fact that the Permian Basin is what it is cracked up to be," Warren Buffett says.

Buffett says Occidental Petroleum investment is a bet on oil prices over the long term

Occidental Petroleum is trying to outbid Chevron for Anadarko Petroleum.

Berkshire Got A Steal, Anadarko Got A Deal, Occidental Was The Meal

Occidental Petroleum submitted a revised buyout offer to Anadarko Petroleum, offering 78% cash and 22% stock rather than a 50-50 split.

Occidental revises bid for Anadarko in buyout battle with Chevron, offers mostly cash

Total

Occidental Petroleum’s deal with French oil giant Total is contingent on the former reaching an agreement to buy Anadarko Petroleum.

Occidental inks $8.8 billion deal to sell Anadarko’s African oil and gas assets to Total

Warren Buffett's Berkshire Hathaway just hit it out of the park in a recent deal announced by the firm to help fund the purchase of Anadarko Petroleum.

A Grand Slam For Berkshire Hathaway

With Chevron and Occidental Petroleum submitting competing bids for Anadarko Petroleum, some investors may have overlooked what's going on at the company today.

Chevron's Earnings Overshadowed by Anadarko Bidding War

Buffett is helping aid a bidding war in the oil patch.

Warren Buffett’s Bold Oil Deal Doesn’t Make Much Sense

Warren Buffett said his recent $10 billion investment to back Occidental's bid for Anadarko is a bet on the Permian Basin.

Warren Buffett explains why he's making a bet in the energy industry

The stake throws another heavyweight name behind a bidding war that's already captured Wall Street's attention.

Carl Icahn takes small stake in Occidental Petroleum, amid bidding war for Anadarko

Warren Buffett was willing to offer double what he eventually committed to help Occidental Petroleum acquire Anadarko Petroleum, sources said.

Warren Buffett was willing to invest $20 billion in Occidental bid for Anadarko: sources

In a matter of days, billionaire Warren Buffett agreed to help bankroll the Anadarko bid.

Warren Buffett reveals how quickly his $10 billion role in the Anadarko saga came together

In a deja-vu of Berkshire's deals with Kraft-Heinz, Goldman, GE and Bank of America, BRK signed a $10b deal with Occidental (OXY) to help finance an overbid for Anadarko.

Buffet Is Back With A Bang: Analyzing What The Occidental Preferred Deal Means For BRK Holders

Production from the Permian Basin is likely to boost Occidental Petroleum's (OXY) performance in first-quarter 2019.

What's in the Cards for Occidental's (OXY) Q1 Earnings?

Technical analysis shows substantial potential operational upside in the Permian.

Anadarko: More Meat On The Bone

Similar to Goldman Sachs deal, Buffett would get warrants and sizable dividend

Warren Buffett Commits $10 Billion To Occidental Acquisition Of Anadarko

Big Oil’s race for shale acreage within the Permian and beyond has become manifestly apparent and it is only just beginning.

Bids For Anadarko Petroleum Are A Watershed Moment For Permian Exploration

Berkshire Hathaway's proposed investment in Occidental is basically funding what some see as a hostile takeover bid.

Berkshire investment in Occidental is unusual for the normally 'friendly' Buffett

The OXY-Anadarko deal could create a formidable new day for both companies.

Occidental Petroleum's Possible Future Path

Berkshire Hathaway is putting some of its cash hoard to work in the oil industry.

Warren Buffett's $10 Billion Oil Investment: What You Need to Know

Warren Buffett's Berkshire Hathaway may be gearing to wade into a hostile bidding war in the energy sector. Berkshire Hathaway stock edged up.

Warren Buffett's Berkshire Hathaway Commits $10 Billion To Help Occidental Buy Anadarko Petroleum

Warren Buffett's Berkshire Hathaway Inc. confirmed it invested $10 billion in Occidental Petroleum Corporation on condition the oil and gas giant completes its proposed acquisition of Anadarko Petroleum Corporation.

Buffett Puts $10B Behind Occidental Petroleum In Bid For Anadarko

Occidental Petroleum Corp. said Tuesday that Berkshire Hathaway Inc. has committed to an equity investment of $10 billion to help the energy company finance its proposed acquisition of Anadarko Petroleum Corp.

Berkshire Hathaway commits to $10 bln equity investment in Occidental to buy Anadarko

Warren Buffett is getting involved in a rare bidding war unfolding in the energy industry.

News for Occidental Petroleum Stock (OXY)