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.

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iShares U.S. Energy ETF

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iShares U.S. Technology ETF

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Energy Select Sector SPDR Fund

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Warren Buffett is sitting on a stack of cash, leaving investors wondering where he'll deploy his capital to next. Over the previous quarter, Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) sold $5 billion worth of stock, totaling $44 billion over the past four quarters.

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General Electric

As the world intensifies its search for sustainable energy solutions, clean coal stocks are garnering significant attention. This interest stems from advancements in clean coal technologies designed to enhance sustainability and efficiency.

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Occidental Petroleum is benefiting from higher petroleum prices and is aggressively growing its production in key areas such as the Permian. Recent OPEC+ supply cuts have improved the pricing situation for the industry and supported energy prices. Occidental Petroleum has potential for earnings growth in light of recent supply cuts.

Occidental Petroleum Q3: OPEC+ Supply Cuts And Earnings Upside (Rating Upgrade)

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This Warren Buffett holdings list from Kiplinger first-appeared 11/14/23 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this batch. Here is your update from 11/17/23 YCharts data. 27 of 45 current Berkshire-owned-stocks pay dividends. As of 11/17/23 the top-ten ranged 2.7%-4.73% by annual-yield and 39 of 45 ranged 2.18% to 63.69% by broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's November dividend dogs ranged 14.16%-28.61% from KO, ALLY, C, OXY, DEO, KHC, TMUS, JEF, KR, and top pick CVX per YCharts data.

Warren Buffett's 5 Dividend Buys For November

EnLink Midstream

Exxon Mobil

Exxon recently spent nearly $5 billion to bulk up its carbon dioxide infrastructure capabilities. EnLink Midstream believes carbon transportation could boost its earnings by 25% with minimal capital investment.

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W&T Offshore

Down 13% in the past month and on pace for four consecutive weeks of decline, the price of crude oil is now in a bear market, further pressuring stocks of energy producers. West Texas Intermediate (WTI) crude oil, the U.S. standard, is down a little more than 20% from a peak of more than $90 a barrel reached in September and officially in a bear market.

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Delta Air Lines

Johnson & Johnson

For much of 2022 and 2023, investors could take shelter in dividend stocks. They were, as the saying goes, the best houses in a bad neighborhood (the equity markets).

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Medtronic

Pfizer

Amidst the uncertainty, savvy investors recognize that market downturns potentially pave the way for future prosperity. However, the quest for long-term stocks to buy soon remains fraught with challenges.

3 Long-Term Stocks You'll Regret Not Buying Soon: November 2023

Apple

Warren Buffett has presided over a nearly 4,300,000% aggregate return in his company's Class A shares (BRK.A) since becoming CEO in the mid-1960s. Dividend stocks have been something of an unsung hero for Berkshire Hathaway.

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Occidental Petroleum has continued to redeem Berkshire's preferred stock investment. The redemptions will save the oil company money over the long term.

Occidental Petroleum Is Making Progress in Repaying Warren Buffett

Buffett has been scooping up shares of an innovative energy provider that wants to help the world reach its net-zero emissions targets. Berkshire Hathaway's largest stock holding is still a great buy.

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History could repeat itself in 2024 with Berkshire investing heavily in the same stock it bought the most of this year. The conglomerate seems likely to increase its stake in a stock that it's been buying regularly over the last two years.

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Berkshire Hathaway sold $7 billion worth of stock last quarter. Investors are waiting for details.

Berkshire Hathaway Is Selling Stocks, but It Can't Get Enough of This 1 Company's Shares

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Nearly Half of Warren Buffett's More Than $6 Billion in Annual Dividend Income Comes From Just 3 Stocks

Occidental Petroleum wants to sell technology licenses to enable partners to build plants that take carbon out of air, Chief Executive Vicki Hollub said on Wednesday, a day after winning investment for its first large scale plant.

Occidental CEO sees potential to license 1,000 carbon capture plants

Occidental Petroleum Corporation (NYSE:OXY ) Q3 2023 Earnings Conference Call November 8, 2023 1:00 PM ET Company Participants Neil Backhouse - Head of IR Vicki Hollub - President and CEO Richard Jackson - President, Operations, U.S. Onshore Resources and Carbon Management Rob Peterson - SVP and CFO Ken Dillon - Senior Vice President and President International Oil and Gas Operations Mike Avery - President and General Manager of 1PointFive Conference Call Participants Nitin Kumar - Mizuho Neil Mehta - Goldman Sachs Paul Cheng - Scotiabank Douglas Leggate - Bank of America Neal Dingmann - Truist Securities Matt Portillo - Tudor, Pickering, Holt & Co. Operator Good afternoon, and welcome to the Occidental's Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Occidental Petroleum Corporation (OXY) Q3 2023 Earnings Call Transcript

Against a modestly negative backdrop on Wall Street, shares of Occidental Petroleum (NYSE: OXY ) — a hydrocarbon exploration specialist — moved conspicuously higher. Undergirding sentiment is BlackRock (NYSE: BLK ), which will invest $550 million into Occidental's carbon capture project called Stratos.

OXY Stock Alert: The $550 Million Reason Occidental Petroleum Is Up Today

It's yet to be seen whether Warren Buffett and Berkshire Hathaway NYSE: BRK.A are involved in the latest bounce in Occidental Petroleum NYSE: OXY shares, but it doesn't matter. The Q3 results align with the thesis robust cash flow allows for share repurchases, dividend growth, and debt reduction, which is a driving force for Mr.

Occidental Petroleum: Another bounce from the buy zone

Berkshire Hathaway's portfolio is full of great dividend stocks. Its biggest dividend checks come from three modest payers.

Nearly Half of Warren Buffett's $6.1 Billion in Annual Dividends Comes From These 3 Stocks

Occidental Petroleum's (OXY) Q3 earnings and sales beat estimates. The company benefits from strong operational performance and Permian Basin growth.

Occidental's (OXY) Q3 Earnings and Revenues Beat Estimates

Shareholders flock to Berkshire Hathaway's annual shareholder meetings to hear nuggets of wisdom from one of Wall Street's greatest investors, Warren Buffett. Riding the Oracle of Omaha's coattails is made easy due to required quarterly Form 13F filings.

Warren Buffett's Latest $1.1 Billion Buy Brings His Total Investment in This Stock to More Than $72 Billion in 5 Years

While the top- and bottom-line numbers for Occidental (OXY) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Occidental (OXY) Q3 Earnings: A Look at Key Metrics

STRATOS designed to capture 500,000 tonnes of CO ₂ per year

Occidental and BlackRock Form Joint Venture to Develop STRATOS, the World's Largest Direct Air Capture Plant

Occidental Petroleum beat estimates for third-quarter profit on Tuesday, as the U.S. oil and gas producer was aided by higher output amid sustained demand for energy.

News for Occidental Petroleum Stock (OXY)