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.

DaVita

Kroger

“Price is what you pay; value is what you get.” In 2008, Warren Buffett told Berkshire Hathaway (NYSE: BRK-A , BRK-B ) shareholders that buying good businesses when they're cheap was the quintessential way to amass wealth.

Buffett Buys on a Budget: The 3 Cheapest Stocks Held by Berkshire Hathaway

HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, today announced they have signed a memorandum of understanding to explore commercial opportunities that use TAE's fusion technology to provide emissions-free power and heat for Direct Air Capture (DAC) facilities. Fusion technology has the potential to deliver emissions-free, continuous and on-demand energy to complement Occidental's existing zero or very-low emissions approach for DAC power and heat requirements.

Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities

Affirm

Aurora Innovation

Guess?

Lyft

Oshkosh

Qualys

For investors seeking to give their portfolio a jumpstart, so-called hidden-gem growth stocks may have plenty to offer. By that, I'm talking about companies that are not exactly favored by Wall Street.

7 Hidden-Gem Growth Stocks Ready to Rocket

AutoZone

Booking Hlds

Chipotle

Hanesbrands

Photronics

Zoom Video

Cash-cow stocks represent a distinctive category in the stock market that retail investors tend to underappreciate. But what are cash-cow stocks?

7 Cash-Cow Stocks Making Money Hand Over Fist

Shares in Occidental Petroleum (OXY) are in focus Monday after a regulatory filing released late Friday revealed that Warren Buffett's Berkshire Hathaway (BRK.B) has added to its sizable stake in the oil and gas exploration and production company.

Occidental Petroleum Stock in Focus After Berkshire Boosts Stake in Energy Company

Warren Buffett, famously known as the Oracle of Omaha, has decided to strengthen his stake in Occidental Petroleum (NYSE: OXY) with a substantial purchase recently made by Berkshire Hathaway (NYSE: BRK.A).

Warren Buffett just bought $150 million worth of this stock

Chevron

Enterprise Products Partners

Enterprise Products Partners is an income stock that benefits from moving oil and natural gas, not producing it. Chevron is a diversified energy giant built to pay dividends through the energy cycle.

3 Energy Stocks to Buy Hand Over Fist in June

Advanced Micro Devices

JPMorgan Chase & Co

24/7 Insights Growth stocks typically grow revenue or net income faster than the overall market.

3 Top Growth Stocks to Buy in June

Warren Buffett's firm is the largest shareholder in the energy company.

Berkshire Just Upped Its Stake in Occidental Petroleum

Warren Buffett's Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing.

Berkshire buys additional 2.57 mln shares in Occidental Petroleum, filing shows

With Occidental Petroleum shares below $60 again, Warren Buffett's firm could add to its stake, although Buffett has said he isn't interested in buying the company.

Berkshire Hathaway Could Buy More Occidental Stock After a Recent Slump

Bank of America

Chubb

Amidst the market's turbulence, it's always wise to follow someone like Warren Buffett. However, the maverick investor's recent statements point to an overbought stock market.

The 3 Best Warren Buffett Stocks to Buy in June 2024

Warren Buffett has earned quite the audience on Wall Street after crushing the broad-market indexes for nearly six decades. Although Buffett has been a net-seller of equities for the last six quarters, he's been avidly pressing the buy button on select securities.

3 Magnificent Stocks Warren Buffett Can't Stop Buying

A stock market rally is still underway, with the S&P 500 index rebounding in May. Now, this rally has mostly been led by high-growth tech stocks.

3 Value Stocks to Buy for Incredible Long-Term Upside

Occidental (OXY) reported earnings 30 days ago. What's next for the stock?

Why Is Occidental (OXY) Down 6% Since Last Earnings Report?

Occidental Petroleum and Berkshire Hathaway are forming a lithium joint venture. They're combining resources and expertise to help produce lithium more sustainably.

Occidental Petroleum and Berkshire Hathaway are Teaming Up to Help Solve a Huge Problem

Occidental Petroleum said on Tuesday it had entered into a joint venture with Berkshire Hathaway's energy unit to extract lithium.

Occidental Petroleum, Berkshire Hathaway form JV to extract lithium

Occidental Petroleum and Berkshire Hathaway Energy are teaming up.

Warren Buffett Gathers His Energy Gang To Extract Lithium

Allstate

Citigroup

Jefferies Financial Group Inc

If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

5 Warren Buffett Stocks That Are Screaming Buys in June

Warren Buffett's company has made a bold bet on two top oil stocks. Chevron has a big upside catalyst from its pending Hess acquisition.

2 Warren Buffett Stocks to Buy Hand Over Fist in June

Occidental's (OXY) strong presence in Permian Basin and systematic investment to expand operations will provide support amid a competitive industry.

Occidental (OXY) Gains From Permian Basin Focus & Investments

Ally Financial

Diageo

Kraft Heinz

Coca-Cola

Lennar

Mastercard

Paramount Global

Sirius XM Holdings Inc

T-Mobile US

This Berkshire/Buffett holdings list from Kiplinger first appeared 5/16/24 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-Of-The-Dow all track this Berkshire batch. Here is your 5/28/24 update from YCharts data. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 5/28/24 the top-ten ranged 2.22%-4.57% by annual yield and 36 of 41 ranged 0.51% to 69.04% by broker-estimated target-price-upsides. Analyst-estimated top-ten net gains from Berkshire's May divi-dogs ranged 13.56%-50.69% from TMUS, AON, OXY, MA, LEN, ALLY, DEO, CVX, KHC, and SIRI per YCharts.

3 Buyable Berkshire Dividend Dogs From May, Plus 6 To Watch

Exxon Mobil

Divesting non-core assets is a strategic tool for oil and gas companies to enhance financial health. This highlights the need to keep an eye on XOM, BP and OXY.

Strategic Asset Divestitures: 3 Energy Firms Setting the Trend

While investors shouldn't take the advice of any one expert, a possible exception can be made regarding Warren Buffett stocks to buy. Granted, you should still do your due diligence – that goes for anything.

If You Can Only Buy One Warren Buffett Stock in May, It Better Be One of These 3 Names

During the first quarter of 2024, Warren Buffett scooped up more than 4 million shares of oil and gas exploration specialist Occidental Petroleum. Considering the company's operations are highly sensitive to movements in commodity prices, it may seem like a head-scratcher move to buy more shares in this volatile stock.

News for Occidental Petroleum Stock (OXY)