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

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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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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Embarking on a steady sail through the riveting investment realm, the name Warren Buffett continues to spark enthusiasm. Steering the mighty ship of Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ), Buffett maintains vigilant control over an awe-inspiring $340 billion investment portfolio.

3 Buffett-Approved Stocks to Fortify Your Portfolio During Market Ups and Downs

Occidental Petroleum's first DAC plant should start commercial service in 2025. The company is lining everything up to start building out its carbon solutions platform.

2025 Could Be a Big Year for This Top Warren Buffett Stock

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It's no secret that Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) CEO Warren Buffett is a major investor in Occidental Petroleum (NYSE: OXY ). It's been reported that Buffett holds more than 2.24 million shares of OXY stock and collects substantial quarterly dividends from those shares.

OXY Stock: A Buffett Pick With Huge Upside Potential

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The recent large-scale attack by a Palestinian militant group on Israel is causing market volatility. Amidst the emotional impact of such events, investors are reminded to separate their emotions from investment decisions.

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Chevron

Oil stocks to watch in the stock market today.

2 Oil Stocks To Watch In October 2023

Chevron mulled a possible bid for fellow Warren Buffett holding Occidental Petroleum earlier this year, The Wall Street Journal reported.

Warren Buffett Stock Mulled Buying Fellow Berkshire Hathaway Holding

Shell PLC

While still above the low for the year, crude oil prices continue to swing wildly. A little more than a week ago, crude prices were nearly $95 a barrel.

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Borr Drilling Ltd

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Marathon Oil

Transocean

The year has been subdued for oil and gas stocks. It's not surprising because oil traded below $70 per barrel in the first half of the year.

7 Oil & Gas Stocks Ready to Gush This Fall

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2023 financial results after close of market on Tuesday, November 7, 2023, and will hold a conference call to discuss results on Wednesday, November 8, 2023, at 1 p.m. Eastern/12 p.m. Central.

Occidental to Announce Third Quarter Results Tuesday, November 7, 2023; Hold Conference Call Wednesday, November 8, 2023

Shares of oil stocks were under pressure before the start of the session, as crude prices fell amid demand outlook worries following reports of a large increase in U.S. gasoline inventories.

3 Oil Stocks Making Moves as Crude Prices Fall

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If you're searching for the best value stocks to buy now, look no further. Value stocks are back in the spotlight.

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Warren Buffett, the legendary investor and CEO of Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ), has a keen eye for value stocks that are poised for growth. In recent months, he has been selectively adding to positions in companies he believes are undervalued and have significant upside potential.

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U.S. gasoline prices at the pump are slightly down vs. last year with demand in question.

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At 93 years of age, Warren Buffett remains a stalwart in the world of investing, earning recognition as one of the most successful stock investors in history.

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Nu Holdings

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Schlumberger

Income investors aren't known for their risk-on attitude or speculative natures, but that doesn't mean there aren't speculations in the income-investment universe. A simple speculation is on distribution growth; in some cases, the opportunity for growth is significant.

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The U.S. Permian basin in Texas and New Mexico, the biggest U.S. shale oil basin, has enough additional oil to develop and will continue to grow in the next few years, Occidental Petroleum CEO Vicki Hollub said on Tuesday.

Occidental CEO: Permian basin has enough additional oil to develop

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for a 1 million tonne-per-year Direct Air Capture (DAC) facility in the United Arab Emirates. The Joint Study Agreement for the DAC facility, signed at the ADIPEC conference in Abu Dhabi, is the first project announced since the companies signed a memorandum of understanding on August 1, 2023, to jointly explore carbon capture, utilization and storage projects in the United States and the UAE.

Occidental and ADNOC to commence preliminary engineering study of a Direct Air Capture facility in the UAE

Today, I'd like to update my coverage and give you some new food for thought as Mr. Buffett continues to expand his position. In Q2 OXY missed both its revenue and EPS estimates, but increased its full-year production guidance. Oil upcycles last 12 years on average, and the current one started 3 years ago. Oil demand should expand going forward, despite any contrary opinions you might come across.

Occidental Petroleum: Buffett Teaches Persistency And Patience

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Energy stocks are heating up and it's time to consider which ones are the best to buy. It was only a matter of time before the price of oil surged above $90 a barrel.

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News for Occidental Petroleum Stock (OXY)