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

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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

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Anadarko acquisition-related costs

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Year over year growth in Revenue and Operating Expenses.

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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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Earnings data Q1 2024

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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.

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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.

Warren Buffett bought 4.66 million OXY shares for about $275 million over May 25-30. Berkshire Hathaway now owns 24.9% Occidental Petroleum.

Warren Buffett Is Buying More Occidental Petroleum Stock As Oil Prices Near 2023 Lows

Warren Buffett's Berkshire Hathaway increased its stake in Occidental Petroleum Corp. to about 25% over the past week.

Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum to about 25%

Berkshire Hathaway bought 4.7 million shares in recent days and now owns 222 million shares of the energy company worth $13 billion.

Berkshire Owns About 25% of Occidental After Fresh Buys

Altria

Verizon

For many investors, high-yield dividend stocks aren't the place to be as these companies tend to carry higher risk. This is either because the market is concerned about dividend cuts or it simply doesn't like the outlook.

3 High-Yield Dividend Stocks Billionaires Are Loading Up On

Ally Financial

Bank of America

Citigroup

Capital One

Chevron

Globe Life Inc

General Motors

Jefferies Financial Group Inc

Johnson & Johnson

Kraft Heinz

Coca-Cola

Kroger

Louisiana-Pacific

Mondelez

Paramount Global

Vitesse Energy Inc

This Buffett holdings list from Kiplinger first appeared 5/20/23 online. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 5/25/23 YCharts data. 32 of 48 current Berkshire Hathaway-owned-stocks pay dividends. As of 5/25/23, the top-ten ranged 3.08%-9.05% by annual yield and 46 of 48 ranged -4.21% to 65.10% per broker-estimated target-price-upsides. Analyst-augured top-ten net gains from Buffett's May dividend dogs ranged 17.94%-52.22% from JNJ, GL, CE, KHC, CVX, ALLY, C, BAC, PARA, and top pick GM per YCharts data.

Buy 8 May Buffett Dividend Dogs And Watch 7

Devon Energy

Halliburton

NextEra Energy

Energy Select Sector SPDR Fund

SPDR S&P Oil & Gas Exploration & Production ETF

With summer just around the corner, it's time to look at some of the top energy stocks to own now. For one, we have driving season ahead of us, with AAA predicting Memorial Day weekend will be the third busiest auto travel time since 2000.

7 Energy Stocks to Charge Up Your Portfolio This Summer

Marathon Oil

Oil prices appear poised to rally. That would enable Devon Energy, Occidental Petroleum, and Marathon Oil to buy back more of their attractively-priced stock.

3 Oil Stocks You Can Buy Right Now Before They Surge Even Higher

Undervalued oil stocks are out there if you know where to look. After the pandemic contagion, when prices fell to zero, oil prices have had an epic comeback.

3 Undervalued Oil Stocks Poised for a Comeback

Apple

American Express

Buffett has overseen a nearly 4,100,000% return in Berkshire Hathaway's Class A shares (BRK.A) since becoming CEO in 1965. Portfolio concentration is a key reason Berkshire Hathaway has outperformed for more than a half-century.

84% of Warren Buffett's Portfolio Is Invested in These 7 Stocks

Restaurant Brands

Intelligent retail investors embrace long-term investing as a powerful strategy to grow their wealth. Rather than attempting to time the market, they prioritize “time in the market” and make informed investment choices based on their own preferences, not relying on rumors or speculation.

3 Long-Term Stocks That You Can Hold for the Long Haul

The price of oil has declined significantly since last summer when it hit a multi-year high of $122 per barrel. Today, West Texas Intermediate (WTI) crude oil, the U.S. standard, is trading at $74 a barrel.

Supermajors: The 3 Best Oil Stocks to Buy Now

Business First Bancshares Inc.

Independent Bank Group

Regional banks are trading at deep values, and insiders are buying. Rayonier gets an upgrade, and insiders buy.

2 Cheap Stocks And 1 Cheap Sector The Insiders Are Buying

SPDR Gold Trust

As if investors haven't had enough to think about these last few years, now there's a debt ceiling crisis to consider. But a little perspective can go a long way.

3 Stocks That Will Soar Past the Debt Ceiling Brouhaha

Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ), led by renowned investor Warren Buffett, regularly updates shareholders with their current quarterly holdings. In the first quarter of 2023, the company reported changes made by Buffett and his investment officers, Todd Combs and Ted Weschler.

3 Stocks Getting a Warren Buffett Boost

ConocoPhillips

Hess

World Fuel Services

Transocean

Schlumberger

It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight supply, suggests that a crude oil rebound is possible later this year.

7 Overvalued Energy Stocks to Sell Before June 2023

It's no secret that Warren Buffett's favorite stock these days seems to be Apple (NASDAQ: AAPL ). The tech giant now accounts for about 47% of Berkshire Hathaway's (NYSE: BRK-A , NYSE: BRK-B ) portfolio.

3 Stocks Warren Buffett Is Betting Big On Big-Time

Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.B is continuing to shop in the Occidental Petroleum Corp. (NYSE: OXY) aisle, adding 3.46 million shares to his position. The new purchases, valued at over $200 million, took place between May 16 and 18.

Warren Buffett Boosts Occidental Stake, Adds 3.46 Million Shares

APA Corporation

Diamondback Energy

Pioneer Natural Resources

Exxon Mobil

Oil has traded in a very tight range this year, and after last year's big run higher, many investors have been disappointed.

Top Energy Analysts See $90 Oil in 2023 and $100 in 2024: Grab 7 Top Dividend Stocks Now

Occidental currently makes most of its money producing oil and gas, making rising prices a significant catalyst for the stock. It's also investing money to grow its chemicals business and build a low-carbon platform.

2 Big Reasons (Other Than Oil) to Follow Warren Buffett and Buy Occidental Petroleum

Shares of Bank of America, Chevron, and Occidental are down year to date, even as the broader market has risen. Buffett has continued to add to his Bank of America and Occidental positions, likely because of their attractive valuations.

Why Has Warren Buffett Invested 18% of His Portfolio in These 3 Beaten-Down Stocks?

Occidental Petroleum Corporation's common stock may be expensive compared to other oil and gas companies. But Berkshire Hathaway Inc. does not have those other choices. The oil and gas industry is relatively cheap historically and compared to other market industries. This is still a relatively expensive market.

Occidental Petroleum: Rinse And Repeat

Warren Buffett's Berkshire Hathaway has purchased Occidental Petroleum in six straight trading days, targeting a buy range of 58.11-58.66 since Tuesday. The post Warren Buffett Keeps Buying Occidental Petroleum Stock As OXY Stake Nears 25% appeared first on Investor's Business Daily.

Warren Buffett Keeps Buying Occidental Petroleum Stock As OXY Stake Nears 25%

Warren Buffett's recent purchases of OXY prove he's a good market timer, as his buys coincided with the OXY stock reaching its supply zone. Despite some weaknesses during Q1, OXY demonstrated some improvements in its financial position, as far as I see it.

Occidental Petroleum: Warren Buffett Buys Again, So Should You

Buffett would almost certainly repurchase shares of Berkshire Hathaway during an economic downturn. The legendary investor clearly wants to add to Berkshire's stake in Occidental Petroleum.

3 Stocks Warren Buffett Is Most Likely to Buy If a Recession Comes

Berkshire Hathaway bought about $200 million of Occidental stock in recent days, bringing its stake to $12.7 billion

Berkshire Buys More Occidental Stock, Upping Stake to Nearly 25%

News for Occidental Petroleum Stock (OXY)