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

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.

Shares of Occidental Petroleum Corp. OXY, +2.53% climbed 2.3% in premarket trading Tuesday, after the oil and gas exploration and production company was upgraded at TD Cowen, citing a “superior” risk-reward balance. Analyst David Deckelbaum lifted his rating to outperform from market perform and boosted his stock price target to $70 from $63.

Occidental Petroleum stock surges after upgrade at TD Cowen, which includes large investment by Warren Buffett's Berkshire Hathaway as a reason to be bullish

Warren Buffett's Berkshire Hathaway ramped up its bet on Occidental Petroleum, securing a 23.6% stake worth about $13 billion.

Warren Buffett shakes off recession fears as he piles another $216 million into Occidental Petroleum stock

Billionaire investor Warren Buffett's Berkshire Hathaway, Inc. BRK BRK recently scooped up on another chunk of of shares in oil exploration company Occidental Petroleum Corp. OXY.

How Much $1,000 invested In Occidental When Warren Buffett Bought The Stock At Onset Of Russia-Ukraine War Be Worth Now - Occidental Petroleum (NYSE:OXY)

Berkshire Hathaway bought more than $200 million of stock in the energy company and now holds a 23.5% stake worth about $12.6 billion

Berkshire Buys More Occidental Stock

American Express

Bank of America

Chevron

Coca-Cola

Moody's

Paramount Global

Buffett recently identified eight giant companies for which Berkshire Hathaway is the largest shareholder. Two of those stocks were huge winners in 2022, with another racking up a double-digit gain so far this year.

Warren Buffett Owns More of These 8 Stocks Than Anyone Else on the Planet

Many people find investing in the stock market intimidating, given the sheer number of possibilities, and no assurance of return. Of course, there are plenty of money manager out there, willing to help individuals along, for a price.

3 Warren Buffett Stocks to Buy to Sleep Easy at Night

Apple

Kraft Heinz

Warren Buffett has put on an investing clinic for more than a half-century. Despite a mammoth $322 billion investment portfolio at Berkshire Hathaway, approximately 86% of these invested assets are tied up in just eight stocks.

86% of Warren Buffett's $322 Billion Portfolio Is Invested in Only 8 Stocks

ConocoPhillips

Hess

Cactus

From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will make the most of the favorable business scenario.

4 Integrated US Stocks to Gain as Crude Price Remains Favorable

Warren Buffett has handily outrun the benchmark S&P 500 since becoming CEO of Berkshire Hathaway. Since the beginning of 2022, Buffett and his team have purchased more than 208 million shares of energy stock Occidental Petroleum.

The 1 Stock Warren Buffett Is Almost Certain to Keep Buying -- and It's Not Occidental Petroleum

Warren Buffett clearly has a price at which he's willing to invest in Occidental Petroleum Corporation. Berkshire Hathaway Inc.'s preferred stock and call options increase its financial ties to Occidental Petroleum.

Occidental Petroleum Might Become A Berkshire Hathaway Asset

It be a good bet to frontrun Joe Biden's stated intentions to refill the Strategic Petroleum Reserve.

Oil Is On Sale And Buffett Is Buying, Should You?

OXY has fallen below $60 again leading to Berkshire Hathaway purchasing more shares. Energy prices have fallen to levels consistent with Q3'21 levels when the company earned far close to a $3 to $4 EPS stream.

Occidental Petroleum: Even Buffett Bought Too Soon (Rating Downgrade)

Blackrock Inc

Energy stocks are emerging as a top investment favorite with big Wall Street names such as Warren Buffett and BlackRock even as a string of recent US bank failures spook markets.

Warren Buffett, BlackRock and Goldman Sachs find energy stocks irresistible even as 2023 proves another turbulent year for markets

Digital Realty Trust

Medical Properties Trust

A boom in the use of artificial intelligence technologies could create a surge in demand for Digital Realty Trust's data centers. The financial outlook is improving for Medical Properties Trust's tenants.

3 Dividend Stocks That Could Skyrocket Over the Next 5 Years

Pacer US Cash Cows Growth ETF

First Trust Natural Gas ETF

First Trust Nasdaq Oil & Gas ETF

Roundhill Meme ETF

Invesco S&P 500 Equal Weight Energy ETF

United States Oil Fund LP

Warren Buffett has been showing strong bullishness over the integrated oil and gas company Occidental Petroleum.

Time to Buy Occidental ETFs After Buffett's Continued Bullishness?

Berkshire Hathaway is buying even more shares of Occidental Petroleum. It's the company's second purchase this month following a multi-month layoff.

Warren Buffett Just Can't Seem to Get Enough of This Oil Stock

Berkshire Hathaway purchased more shares of Occidental Petroleum. A huge "teaching moment" arises when Warren Buffett buys while others sell.

Occidental Petroleum: Cooler Heads Prevail

Since becoming Berkshire Hathaway CEO in 1965, Warren Buffett has doubled up the average annualized total return of the S&P 500. Portfolio concentration has been pivotal to Berkshire's steady outperformance.

94% of Warren Buffett's $321 Billion Portfolio Is Invested in Only 4 Sectors

CVR Energy

Cheniere Energy

SandRidge Energy

According to current portfolio statistics, a Premium feature of GuruFocus, the top energy companies in Carl Icahn (Trades, Portfolio)'s fourth-quarter 2022 13F equity portfolio are Occidental Petroleum Corp. ( OXY , Financial), CVR Energy Inc. ( CVI , Financial), SandRidge Energy Inc. ( SD , Financial) and Cheniere Energy Inc. ( LNG , Financial).

Carl Icahn's Top Energy Holdings as of the 4th Quarter

Berkshire Hathaway Inc. ( BRK.A , Financial) ( BRK.B , Financial), led by legendary investor Warren Buffett (Trades, Portfolio), has been aggressively investing in Occidental Petroleum Corp. ( OXY , Financial) over the last few months amid volatile oil prices.

5 Possible Factors Influencing Buffett's Investment in Occidental

Amid a turbulent week for the equities sector, hydrocarbon energy specialists absorbed the brunt of the damage. Following the failure of two major financial institutions, many analysts raised concerns about a contagion impacting other economic sectors.

Why Are Energy Stocks Down Today?

Occidental Petroleum Corporation (NYSE: OXY) is in focus on Thursday after the legendary investor Warren Buffett increased his stake in the oil and gas company. How many OXY shares did he buy this time?

Warren Buffett just expanded his stake in this oil and gas company

Warren Buffett is targeting Occidental Petroleum share prices no higher than $62. The post Warren Buffett Loads Up On Occidental Stock As Energy Stocks Plummet appeared first on Investor's Business Daily.

Warren Buffett Loads Up On Occidental Stock As Energy Stocks Plummet

Shell PLC

TotalEnergies SE

Exxon Mobil

The best-performing sector last year was energy, and with good reason, given that benchmark pricing in the summer of 2022 hit levels not seen in years.

Buy These 7 Blue-Chip Oil Dividend Stocks Now While Banks Melt Down the Stock Market

Shrugging off fears of a market meltdown, Buffett and his team bought 7.9 million Occidental shares, lifting their stake in the energy giant to 23.1%.

News for Occidental Petroleum Stock (OXY)