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.

Chevron

Cheniere Energy

Exxon Mobil

Oil and gas energy companies were the #1 S&P 500 sector in 2021 and so far again in 2022, helped by the fact that their rally began from extreme undervaluation. Over the very long term and particularly the past ten years, energy lost S&P 500 sector weight mainly to technology stocks; the recent huge rally may represent a turning point.

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Buffett has become a fan of the once-troubled energy company.

Does Warren Buffett Think Occidental Petroleum Is a Forever Stock?

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Occidental (OXY) reported earnings 30 days ago. What's next for the stock?

Why Is Occidental (OXY) Up 16.4% Since Last Earnings Report?

OXY's Q2 2022 bottom line beat market expectations, and the company's free cash flow reached a new historical peak in the most recent quarter. Occidental Petroleum still has legs to run, with its capital allocation plans and Warren Buffett's potential actions in the future being key catalysts.

Can Occidental Petroleum Stock Reach $100? Watch Buffett's Moves And Capital Allocation

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With oil prices remaining relatively strong despite minor hiccups, energy companies like Occidental Petroleum (OXY), Coterra Energy (CTRA) and Hess Corporation (HESS) have seen solid gains in 2022.

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PayPal

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Apple

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Bank of America

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Coca-Cola

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These large-cap oil stocks fell as much as 5% on Tuesday

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Warren Buffett obtained regulatory approval to buy up to 50% of Occidental. Many articles discuss the specifics of Occidental. This article attempts to explain what may be an underappreciated catalyst. Underappreciated catalyst: uncertainty of future demand will cause oil companies and countries to be very cautious about capex and curtail supply, which provides a huge margin of safety for Occidental.

Occidental Petroleum: Oil Is The New Tobacco As Producers Curtail Supply

Battalion Oil Corp

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Supply concerns on the international front caused the price of oil to rise.

Why Occidental Petroleum, Diamondback Energy, and Battalion Oil Corporation Soared Today

Occidental Petroleum is up more than 140% for the year. In the last year, Occidental Petroleum's results have been sensational, reflecting the company's work toward clearing the balance sheet and improving profitability.

Occidental Petroleum Corporation Still Has Room To Grow

Kinder Morgan

These energy stocks offer different ways to play the rise in oil prices.

Better Buy: Occidental Petroleum or Kinder Morgan?

Warren Buffett's latest move on Occidental Petroleum makes it a top oil stock to have on your radar.

Should You Follow Warren Buffett and Buy Occidental Petroleum Stock Now?

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Oil companies are focusing on returning money to investors over increasing oil production. The post Oil Companies Focus On Buybacks Before Production Increases appeared first on Investor's Business Daily.

Oil Companies Focus On Buybacks Before Production Increases

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Here's Why Occidental Petroleum (OXY) is a Strong Growth Stock

Buffett's Berkshire Hathaway plowed about $10 billion into Occidental, securing a stake worth $14 billion today thanks to the stock's surge this year.

Warren Buffett notches a $4 billion gain on Occidental Petroleum in under 6 months - as the energy stock nears a 4-year high

With approval to buy 50% of Occidental Petroleum, the question for investors is what does Berkshire Hathaway see that the market does not? Occidental is expected to experience extreme downside earnings volatility into mid-decade compared to its peer group.

What Buffett Sees In Occidental

Discovery

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Warren Buffett Stock Boosts Payout As U.S. Dividend Growth Shows 'Remarkable Resilience'

News for Occidental Petroleum Stock (OXY)