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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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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.

Chevron

In recent weeks oil prices have tanked leading to some overvalued energy stocks. Through the first week of May, crude oil prices declined for three consecutive weeks in what amounts to the biggest pullback since November 2022.

3 Energy Stocks That Are Overhyped and Overvalued Right Now

HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its first quarter 2023 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov.

Occidental Announces First Quarter 2023 Results

Watching Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) Saturday in Omaha caused us to think about a very popular 1960s TV show called, “The Dating Game.” Hosted by Jim Lange, the game was played with the host on one side of a wall with a male or female contestant.

No Dating Game for Buffett

Warren Buffett told investors over the weekend he has no intention to take over OXY as the energy producer is set to report earnings Tuesday. The post Warren Buffett Loves His Occidental Petroleum; Analysts Call For Q1 Stumble appeared first on Investor's Business Daily.

Warren Buffett Loves His Occidental Petroleum; Analysts Call For Q1 Stumble

Occidental Petroleum Corporation  (NYSE:OXY) stock is down 2.1% to trade at $59.42 at last check, after Warren Buffett dispelled rumors that Berkshire Hathaway (BRK.A) had plans to buy the oil concern.

Oil Stock Slumps After Buffet Dispels Buyout Rumors

Airbnb

Affirm

Luminar Technologies

Rivian Automotive

In the first half-hour of Monday's trading, the Dow Jones industrials were down 0.12%, the S&P 500 down 0.13% and the Nasdaq 0.33% lower.

Earnings Previews: Affirm, Airbnb, Luminar, Occidental Petroleum, Rivian

Berkshire Hathaway Inc (NYSE:BRK.A) announced that its first-quarter 2023 operating profit after taxes rose 12.6% to $8.1 billion on higher investment income and a rebound in its insurance business. Operating earnings are the profit left after costs from a business' core operations are removed.

Berkshire Hathaway sees 1Q profit climb; Buffett says no plans to takeover Occidental Petroleum

Occidental Petroleum (NYSE: OXY ) stock is in the news Monday after investor Warren Buffett said he doesn't intend to acquire the U.S. oil company. During a recent shareholder meeting, Warren Buffett told investors that Berkshire Hathaway (NYSE: BRK-A ,NYSE: BRK-B ) has no intention of acquiring Occidental Petroleum.

OXY Stock Alert: Warren Buffett Says He Won't Acquire Occidental Petroleum

Warren Buffett ended speculation that Berkshire Hathaway would acquire Occidental Petroleum. Berkshire Hathaway had been gobbling up shares of Occidental Petroleum.

Warren Buffett Isn't Acquiring Occidental Petroleum. Time to Sell?

Shares of Occidental Petroleum (NYSE: OXY) are down over 1% in premarket trading Monday after Warren Buffett said on May 6 that Berkshire Hathaway does not plan to take full control of the US oil giant.

Occidental down in premarket as Buffett downplays takeover rumors

A massive stream of passive income is one reason the Oracle of Omaha has vastly outperformed Wall Street for nearly six decades. Apple and Bank of America are Berkshire Hathaway's largest holdings by market value, but they're not the top income stocks in Buffett's portfolio.

Warren Buffett Collects Nearly $2 Billion in Annual Dividend Income From 2 Stocks (and Neither Is Apple or Bank of America)

ConocoPhillips

Exxon Mobil

The world's greatest investor has been very hit-or-miss with oil stocks. But he keeps going back to the (oil) well.

This Might Be Warren Buffett's FOMO Stock Sector

The company owns 24% of the oil company, leading to speculation of a full takeover. Apparently not.

Buffett Says Berkshire Won't Seek Control of Occidental Petroleum

Warren Buffett said that Berkshire Hathaway doesn't plan on taking full control of Occidental Petroleum OXY, +3.39%.

Berkshire not seeking full control of Occidental Petroleum, Buffett says

Warren Buffett said Berkshire doesn't plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%.

Warren Buffett says Berkshire Hathaway won't take full control of Occidental Petroleum

ABNB stock is waging a battle near its 50-day moving average ahead of its upcoming earnings report. Buffet favorite OXY is also set to report.

ABNB Stock In Holding Pattern Ahead Of Q1 Results; Warren Buffett Favorite Occidental Petroleum Set To Report

Crude oil has corrected from highs in 2022 on fears of a global recession. I believe that this correction is a good time to look at some of the best oil and gas stocks to buy for an attractive dividend income.

3 Oil and Gas Stocks to Buy for Healthy Dividend Income

Energy Select Sector SPDR Fund

Halliburton

Kinder Morgan

Marathon Oil

Energy stocks were suffering a broad beating Tuesday, as a selloff in crude prices was exacerbated by a big decline in the broader stock market. The Energy Select Sector SPDR exchange-traded fund XLE sank 4.4% toward a five-week low, with all 23 equity components losing ground.

Energy stocks suffer broad selloff, led by Halliburton, as crude oil falls to more than 5-week low

APA Corporation

Ovintiv

Warner Bros Discovery Inc

Bank of America

The Smead Value Fund (Trades, Portfolio) disclosed its equity portfolio for its fiscal first quarter, which ended Feb. 28, earlier this week.

Smead Value Fund Goes on 1st-Quarter Buying Spree

Rice Acquisition Corp II

DURHAM, N.C.--(BUSINESS WIRE)--NET Power, LLC (“NET Power”) and Rice Acquisition Corp. II (NYSE: RONI) (“RONI”) today announced an additional $275 million of PIPE commitments in connection with their proposed business combination. Occidental (NYSE: OXY) has increased its commitment to the PIPE by $250 million, bringing its total investment to $350 million, while the Rice family has committed an additional $25 million to the PIPE, bringing their total investment to $125 million. The new commitme.

NET Power and Rice Acquisition Corp. II Announce Upsized PIPE Commitments from Occidental and Rice Family

The Oracle of Omaha has vastly outperformed the broad-based S&P 500 since becoming CEO of Berkshire Hathaway nearly six decades ago. Buying dividend stocks has played a big role in Berkshire's long-term outperformance.

47% of Warren Buffett's More Than $6.1 Billion in Annual Dividend Income Comes From These 3 Stocks

Coca-Cola

Restaurant Brands

For many investors, the stock market may appear to be a pile of rubble right now thanks to interest rate hikes and a less-than-stellar economic outlook. However, finding diamonds in the rough can be very rewarding for long-term investors.

3 Stock Gems That Offer Growth, Income, and Value

Occidental is investing heavily in carbon capture and sequestration, including the controversial direct air capture technology. Warren Buffett appears to have confidence in Occidental's approach.

Why Warren Buffett Likes Occidental's Multibillion-Dollar Bet

Frontline

Cenovus Energy

To kick off the beginning of 2023, there continues to be a bias we see in equity investor portfolios. These portfolios have many of the traits investors see at the endpoints of the economy like software, consumer products and computer chips.

Smead International Value 1Q 2023 Newsletter: Buying Unwanted Assets

Johnson & Johnson

Visa

The Federal Reserve's newest meeting minutes signal an expectation for a mild recession later this year. Two Buffett stocks offer well-defined competitive advantages that should help them excel during a recession.

News for Occidental Petroleum Stock (OXY)