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

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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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Cash & equivalents

Receivables

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Intangibles

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

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Cash from financing

Change in stock

Change in debt

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Cash from other sources

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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.

Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp , boosting its stake in the oil company to 24.4%.

Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%

ConocoPhillips

Chevron

Devon Energy

New Mexico's crude oil production grew more last year than any other U.S. state, including top producer Texas, and accounted for half the nation's overall gain, signaling its importance in expanding U.S. oil output.

New Mexico's oil output gains top Texas in 2022, delivering half of US growth

Apple

Activision Blizzard

American Express

Bank of America

Kraft Heinz

Coca-Cola

Moody's

Recent 13F filings revealed big changes to the stock holdings of Warren Buffett's conglomerate. Berkshire Hathaway sold its entire stakes in US banks like BNY Mellon and US Bancorp, while it bought a new stake in Capital One.

These are the top 10 holdings of Berkshire Hathaway's $325 billion stock portfolio

Micron Technology

Orla Mining Ltd. 

Billionaire investor Prem Watsa (Trades, Portfolio), the leader of Fairfax Financial Holdings ( TSX:FFH , Financial), disclosed his first-quarter equity portfolio earlier this week.

Prem Watsa Adds to Occidental, Micron and Orla Mining Positions

A week ago, Occidental Petroleum Corp. ( OXY , Financial) delivered quarterly results just days after its largest shareholder, Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), had its annual meeting.

Buffett Keeps Buying Occidental Petroleum

Ally Financial

Citigroup

Capital One

Microsoft

U.S. Bancorp

Visa

At the most recent Berkshire Hathaway Inc. NYSE: BRK.B  investors conference in early May, Warren Buffett offered some insights into his most recent buys and sells, but more detail was released in a regulatory filing on May 15, after the market's close.

Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio?

Crestwood Equity Partners

Hess

Hess Midstream Partners

Natural gas has been an unexpected beneficiary of the green revolution. This should result in a boom in demand for Natural Gas as a multi-year trend.

Natural Gas Demand Is Booming: 2 Great Yields To Buy

Combined, five stocks in Berkshire Hathaway's portfolio should make over $3.8 billion in dividends in 2023. In addition to those five heavy lifters, Buffett owns plenty of other dividend stocks.

Here's How Warren Buffett Is Set to Rake in Nearly $6 Billion in Dividend Income This Year

Bank of New York Mellon

Diageo

Taiwan Semiconductor Manufacturing

Vitesse Energy Inc

Berkshire Hathaway boosted positions in its two biggest stock holdings, among notable moves. The post Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure appeared first on Investor's Business Daily.

Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure

Alibaba

JD.com

NVIDIA

Westinghouse Air Brake Technologies

Wells Fargo

Investment managers with more than $100 million in assets under management (AUM) must file a 13F disclosure with the U.S. Securities and Exchange Commission (SEC) each quarter. This report includes an overview of the manager's holdings, including stocks, options, and more.

13F Season: Buffett, Burry, & Druckenmiller

Warren Buffett is best known for being among the most successful investors of all time. Indeed, his success in investing has earned the billionaire a loyal following and the nickname “Oracle of Omaha.

3 Top Warren Buffett Holdings to Buy (That Are Not Apple)

Exxon Mobil

Exxon is the largest U.S. energy company by market cap. Occidental Petroleum has shown it has grand growth ambitious.

Could Occidental Petroleum Really Become the Next ExxonMobil?

Evolution Petroleum

Petroleo Brasileiro

KLX Energy Services Holdings Inc

Vista Oil & Gas SAB de CV

The upcoming summer driving season and last month's soft inflation report warrant a look at the energy stocks to explode as oil prices soar. Energy markets have been incredibly volatile since the start of the year.

7 Energy Stocks That Are Poised to Explode as Oil Prices Soar in 2023

Energy Transfer LP Unit

Energy Transfer recently added a couple more projects to its expansion backlog. The MLP has many more projects under development.

This 9.9%-Yielding Dividend Stock Is Keeping Its Passive-Income Growth Engine Well Fueled

Chevron and Oxy are both top-10 Berkshire Hathaway equity holdings. But Berkshire has been cutting its Chevron stake while adding to Oxy.

Better Warren Buffett Energy Stock: Chevron or Oxy?

Occidental Petroleum has been pushing out a lot of news about a carbon capture project. While potentially an interesting experiment, it's still a largely untested business.

Occidental Petroleum: Buy, Sell, or Hold?

There has been a flurry of developments regarding Occidental Petroleum as of late, ranging from a possible Berkshire Hathaway purchase to earnings. Although financial data was weak in the most recent quarter, management did reveal an interesting development regarding the firm's preferred stock.

Occidental Petroleum: Management's Wise Moves Should Overshadow Near-Term Weakness

Worries about a slowing economy and demand are weighing on oil and gas prices.

Energy Stocks in Doldrums After Last Year's Big Rally

Occidental Petroleum Corporation (NYSE:OXY ) Q1 2023 Earnings Conference Call May 10, 2023 1:00 PM ET Company Participants Neil Backhouse - Head of IR Vicki Hollub - President and CEO Rob Peterson - SVP and CFO Richard Jackson - President, U.S. Onshore Resources and Carbon Management, Operations Conference Call Participants Neal Dingmann - Truist Securities Neil Mehta - Goldman Sachs Doug Leggate - Bank of America Merrill Lynch John Royall - JPMorgan Paul Cheng - Scotiabank Leo Mariani - ROTH MKM Partners Roger Read - Wells Fargo Operator Good afternoon, and welcome to Occidental's First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

Occidental Petroleum Corporation (OXY) Q1 2023 Earnings Call Transcript

Occidental Petroleum falls back into the Buffet Buy Zone but will he buy more? Berkshire won't take control but it could still buy another 25% of the company.

Occidental Petroleum: Will Buffet Buy More?

Occidental's profits plunged as oil prices cooled off. The oil company operated exceptionally well in the first quarter.

Lower Oil Prices Take a Big Bite Out of Occidental Petroleum's Profits

First Trust Natural Gas ETF

First Trust Nasdaq Oil & Gas ETF

Invesco S&P 500 Equal Weight Energy ETF

Warren Buffett, the CEO of Berkshire Hathaway (BRK-A), recently commented at the company's annual shareholder meeting that they have no plans to take complete control of Occidental Petroleum Corp OXY. Shares of Occidental dropped right after the comment, but later recovered their losses.

Reassessing Occidental ETFs as Buffett Denies Full Control

Occidental's (OXY) first-quarter revenues decrease year over year. The company completes 25% of its $3 billion share repurchase program.

Occidental (OXY) Q1 Earnings and Revenues Lag Estimates

Although the revenue and EPS for Occidental (OXY) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Occidental (OXY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Occidental Petroleum (OXY) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $2.12 per share a year ago.

Occidental Petroleum (OXY) Misses Q1 Earnings and Revenue Estimates

News for Occidental Petroleum Stock (OXY)