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

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.

Against an incredibly dour equities market backdrop, oil firm Occidental Petroleum (NYSE: OXY ) managed a positive return in the afternoon session. Still, OXY stock gyrated significantly to get there.

Why Is Occidental Petroleum (OXY) Stock Trending Today?

Shares of Occidental Petroleum Corp. continued to outperform its peer group and the broader stock market after the oil- and gas-production company disclosed that Warren Buffett's Berkshire Hathaway Inc. keeps buying.

Don't buy Occidental stock just because Warren Buffett is buying, analyst says

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Investors who are fans of Warren Buffett may want to look at his Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) holdings. The Oracle of Omaha owns companies spanning industries from tech to oil and gas to finance and banking.

7 Undervalued Warren Buffett Stocks to Buy Before They Rebound

Buffett's company has plowed about $10 billion into the oil-and-gas company in the space of 35 trading days this year.

Warren Buffett's Berkshire Hathaway just piled another $350 million into Occidental stock - and now owns nearly 21% of the oil giant

Occidental Petroleum OXY, +4.92% shares were steady in premarket trade after a Securities and Exchange Commission filing showed that Warren Buffett's Berkshire Hathaway BRK.B, +2.38% bought another 6 million shares, for roughly $360 million. Berkshire Hathaway now has a 21% stake in Occidental, whose shares have surged 112% this year.

Occidental Petroleum shares steady after Berkshire Hathaway's latest purchase

Berkshire bought about six million shares of the energy company since Monday and its stake now totals $11.9 billion

Warren Buffett Piles into More Occidental as Berkshire Hathaway Lifts Stake to 20.9%

Kinder Morgan

Exxon Mobil

Hurricane Ian threatens Gulf of Mexico production just as oil prices hit lows not seen since January.

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Devon Energy

Why are oil stocks down today? Well, it surely doesn't help that the S&P 500 is down more than 2% so far in Friday's session and that crude oil prices are down almost 6%.

Why Are Oil Stocks XOM, OXY, DVN Down Today?

Phillips 66

Why ExxonMobil, Occidental Petroleum, and Phillips 66 Stocks Just Dropped

Energy Select Sector SPDR Fund

Marathon Oil

Williams

Shares of oil and gas companies were taking a broad beating ahead of Friday's open, as growing concerns of a coming recession has sent crude oil futures CL00, -3.09% sinking toward an eight-month low. The SPDR Energy Select Sector ETF XLE, -0.36% slumped 3.2% in premarket trading, with all 21 components selling off, as crude futures shed 3.4% and while futures ES00, -1.42% for the S&P 500 SPX, -0.84% fell 1.4%.

Energy stocks suffer broad beating as crude oil futures continue to sink

While both stocks are solid bets on oil prices, one appears to have a more short-term appeal than the other.

Better Buy: Occidental Petroleum vs. ExxonMobil Stock

Pioneer Natural Resources

It's been a banner year for energy stocks. With oil prices cresting above $120 a barrel and continuing to trade in a range between $85 and $105, energy companies are reaping record profits and issuing incredible earnings.

7 Energy Stocks Primed for a Q3 Earnings Gusher

Occidental Petroleum stands out amongst its peers for its ROE and profitability. This is a recession-resistant stock, underpinned by a bullish commodity market.

Occidental Petroleum: This Buffett Stock Is Ready To Rock

Activision Blizzard

Microsoft

In a quick turn of events, Buffett has splashed into his cash in 2022, buying at an aggressive pace that's generally not seen from the Oracle of Omaha.

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Baker Hughes Co

Cenovus Energy

Sunoco

TotalEnergies SE

Featuring one of the market's love-hate affairs, the relevant-though-controversial category of oil stocks to buy will likely become increasingly intriguing to investors. Facing what could be a brutal winter for much of the world, geopolitical tensions cynically facilitate upside catalysts for hydrocarbon-related companies.

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Arcosa Inc

Darling Ingredients

Valero Energy

When it comes to climate change, $262.3 million Delaware Climate Solutions Fund puts its shareholders' money where their goals are. The post After Soaring 40%, Fund Now Fights Climate Change appeared first on Investor's Business Daily.

After Soaring 40%, Fund Now Fights Climate Change

Berkshire sold nearly 48 million Occidental shares in 2020 for a quarter of their value today, then rebuilt the position at triple the cost this year.

Warren Buffett's Berkshire Hathaway made a $2 billion misstep by dumping Occidental stock then piling back in 18 months later

Diamondback Energy

Transocean

Fear of higher interest rates is hurting oil today.

Why Oil and Gas Stocks Dropped on Monday

The stock price is clearly not too high for Warren Buffett. Berkshire Hathaway has an attractive appreciation track record.

Occidental Petroleum: Warren Buffett Sees Appreciation Potential And Dividend Potential

Enbridge

Enterprise Products Partners

Marathon Petroleum

TC Energy

An age-old investment principle is that it is better to buy the companies that produce the picks and shovels rather than the businesses that mine the gold.

Are Oil Producers or Midstream Operators Better Investments?

Core Laboratories Inc

There was some misunderstanding from the White House yesterday, and demand fears loomed again on Thursday.

Why Oil Stocks Were in Retreat Today

Magellan Midstream Partners

Shell PLC

PetroChina Company Ltd.

When it comes to the overriding narrative of oil stocks to buy in 2022, the framework points to an obvious catalyst: Russia, Russia, Russia. With its invasion of neighboring Ukraine, the action tilted the energy market off kilter.

Our 7 Favorite Oil Stocks Heading Into Q4

Energy shares have pared their gains in September as oil prices have cooled down. The price of Brent crude is now below $94 per barrel.

3 Oil Stocks to Sell as Crude Prices Plunge

CVS Health

Dow Inc

Kirby

McKesson

Rush Enterprises

Schlumberger

UnitedHealth Group

Ronald Muhlenkamp is the founder and president of Muhlenkamp & Company, which was established in 1997 to manage private accounts for individuals and institutions.

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News for Occidental Petroleum Stock (OXY)