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 Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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.

Valero Energy

Let's postulate that the goal in stock investing is to buy low and sell high.

Occidental Petroleum and Valero Are on the Casualty List

Goodyear Tire & Rubber

A strong start to 2023 has billionaire fund managers eager to put their money to work. One of Wall Street's most-followed billionaire investors can't stop piling into an energy stock with a less-than-stellar balance sheet.

2 Unexpected Stocks Billionaire Investors Are Buying Hand Over Fist for the Second Half of 2023

Charter Communications

DaVita

General Motors

Kroger

Paramount Global

Plenty of investors are interested in the stocks that legendary investor Warren Buffett has selected for the Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) equity portfolio. However, instead of buying every single stock in this category, you may want to focus mainly on the undervalued Buffett stocks instead.

The 7 Most Undervalued Buffett Stocks to Buy Now: June 2023

Preferred redemption appears to be the new priority over debt reduction. The balance sheet is in far better shape after the redemption of very roughly $10 billion in long-term debt. Well, design improvement and other advances have steadily increased well productivity.

Occidental Petroleum: Time To Deal With The Preferred

Warren Buffett's Berkshire Hathaway NYSE: BRK.A NYSE: BRK.B disclosed in a filing late Wednesday that it purchased an additional 2,138,250 shares of Occidental Petroleum NYSE: OXY. Buffett's Berkshire acquired the additional shares between June 26 and June 28 for about $122.1 million.

Buffett's Berkshire Increases Stake In Occidental Petroleum (OXY)

Warren Buffett's Berkshire Hathaway now owns a little more than 25% of Occidental Petroleum after the latest purchases. Buffett's conglomerate picked up another 2.1 million shares this week, according to SEC filings.

Warren Buffett's Berkshire Hathaway snaps up another $123 million in Occidental Petroleum stock, now owns 25% of the oil company

Berkshire Hathaway recently upped its stake again in Occidental Petroleum. Buffett began his buying spree of Occidental in March 2022.

Warren Buffett Keeps Buying This Stock Hand Over Fist: Here's Why He'll Probably Buy Even More

Apple

American Express

Bank of America

Chevron

Coca-Cola

Warren Buffett has led Berkshire Hathaway's Class A shares (BRK.A) to a better-than-4,100,000% aggregate return since he became CEO. The Buffett-ism that's not given nearly enough credit for his long-term success is his penchant for portfolio concentration.

77% of Warren Buffett's $366 Billion Portfolio Is Invested in Only 6 Stocks

HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2023 financial results after close of market on Wednesday, August 2, 2023, and will hold a conference call to discuss results on Thursday, August 3, 2023, at 1 p.m. Eastern/12 p.m. Central.

Occidental to Announce Second Quarter Results Wednesday, August 2, 2023; Hold Conference Call Thursday, August 3, 2023

Shares of Occidental Petroleum Corp. OXY, +0.58% rose 1.0% in premarket trading Thursday, after Warren Buffett's Berkshire Hathaway Inc. BRK.B, -0.35% BRK.A, -0.77% disclosed that it boosted its stake in the oil and gas company to over 25%. In a filing with the Securities and Exchange Commission late Wednesday, Berkshire disclosed that it spent $122.1 million to buy 2.14 million more Occidental shares, bringing the total ownership to 224.13 million shares, or 25.1% of the shares outstanding.

Occidental Petroleum stock rallies after Warren Buffett's Berkshire Hathaway boosts stake to 25%

Bank of America appears to be a strong rebound candidate. Occidental Petroleum should bounce back when oil prices rise again.

3 Beaten-Down Warren Buffett Stocks to Buy Right Now

Berkshire Hathaway Inc said on Wednesday it has acquired more shares of Occidental Petroleum Corp , boosting its stake in the oil company to above 25%.

Berkshire Hathaway boosts stake in Occidental Petroleum to 25%

Enbridge

EnLink Midstream

Energy Transfer LP Unit

Kinder Morgan

UBS Group AG

Exxon Mobil

Yara International ASA

EnLink Could generate an additional $300 million of income from carbon capture solutions by 2030. It's one of several pipeline companies working on projects to capture the potentially massive opportunity.

These High-Yield Dividend Stocks Are Capturing a Potentially Massive Growth Driver for 2030

Following Warren Buffett's investment into Occidental Petroleum may not be a sound strategy for the average investor due to the different playing fields and negotiating power. I believe that in a middle-to-bottom cycle oil price environment, most of the returns belong to Buffett and not the common investor. I try to provide an operational overview of OXY, highlighting its strong asset portfolio and profitability potential. I also point out that Berkshire Hathaway, Buffett's company, gets paid first due to its ownership of preferred shares, which can be a burden for common investors. I conclude by rating OXY as a hold, suggesting that investors should be patient for an entry point that supports a 5% return in below-mid-cycle price environments.

Occidental Petroleum: Warren Buffett's Preferred Shares Are A Drag On Performance

Global X MSCI Argentina ETF

Ecopetrol

United States Oil Fund LP

Oil has oscillated back and forth in recent months. However, 5 long-term catalysts suggest that it's too early to give up on the sector.

The Bull Case for Oil Prices (5 Catalysts)

Plug Power

Despite a recent drop in energy stocks, there are catalysts indicating demand could be on the rise over the coming months. Thus, now may be an opportune time to explore energy stocks with outsized growth potential.

Bright Prospects: 3 Energy Stocks Eyeing a Massive Rally in July

The International Energy Agency expects oil demand to continue growing over the next five years. However, it sees demand growth slowing to a crawl by 2028, with a peak in sight by 2030.

This Warning Could Mean Big Trouble Is Ahead for Oil Stocks by 2030

Ally Financial

Citigroup

Celanese

Globe Life Inc

Jefferies Financial Group Inc

Kraft Heinz

Vitesse Energy Inc

This Buffett holdings list from Kiplinger first appeared 5/20/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 6/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 6/20/23 the top-ten ranged 3.00%-8.81% by annual-yield and 46 of 48 ranged -2.10% to 50.32% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's June dividend dogs ranged 17.99%-33.66% from GL, CE, ALLY, C, OXY, CVX, BAC, PARA, GM, and top pick KHC per YCharts data.

6 June Buffett Dividend Dog Buys And 4 To Watch

Cava Group, Inc.

Clorox

Disney

MicroStrategy Incorporated

Virgin Galactic

At the beginning of the pandemic, markets reacted as though the world was going to end. Then, after the Federal Reserve unveiled its stimulus measures, nearly every tech stock rallied, the crypto bubble formed, and meme stocks went to the moon.

Get Out Now! 7 Extremely Overvalued Stocks Set to Spiral Downward

Principal Financial Group

PulteGroup

If you're looking for bargain stocks to buy, one place to start is with companies with low price-to-earnings multiples.  What constitutes low earnings multiple stocks?

Bargain Buys: 3 Stocks Trading Below 7x Earnings Not to Miss

The Oracle of Omaha has run circles around the S&P 500 since becoming Berkshire Hathaway CEO nearly six decades ago. Interestingly, some of Warren Buffett's biggest buys of late are stocks that other prominent billionaire money managers are reducing their stakes in or exiting entirely.

3 Stocks Warren Buffett Is Buying Hand Over Fist That Other Billionaires Are Selling

AbbVie

Home Depot

Infosys

Pfizer

PayPal

Thermo Fisher Scientific

While the smaller-capitalization trades tend to attract the most speculative attention, for reliable upside prospects, investors may want to consider blue-chip stocks to buy. To better understand the motivation behind targeting these stalwarts, a baseball analogy may be helpful.

Ready for a Rebound: 7 Blue-Chips Set to Regain Their Market Mojo

The Oracle of Omaha has led Berkshire Hathaway's Class A shares to a gain of more than 4,100,000% since he became CEO in 1965. Income stocks have been Berkshire Hathaway's unsung hero for decades.

Warren Buffett Is Raking in $5.17 Billion in Annual Dividend Income From These 7 Stocks

It's typically big news when Warren Buffett makes a big buy. That was the case when Buffett's hedge fund, Berkshire Hathaway, Inc. NYSE: BRK.B announced it was significantly adding to its stake in Occidental Petroleum Corporation NYSE: OXY.

Investors are Buying Big Oil, is it Time for You to Do the Same?

News for Occidental Petroleum Stock (OXY)