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.

The green light to buy up to 50% of the oil company enables Berkshire Hathaway to avoid bumping up against a Federal Energy Regulatory Commission-imposed limit.

Warren Buffett Not Expected to Bid for Control of Occidental

Occidental stock is the best performer in the S&P 500 YTD, being up almost 130% versus a loss of about 12% for the S&P 500. Buffett's Sec 13F filing for the June quarter revealed that between April to end of June, Buffett has increased his stake in OXY by 16.26%.

Occidental Petroleum: Is Warren Buffett Taking Over?

A US energy regulator on Friday gave Berkshire Hathaway, the company controlled by billionaire Warren Buffett, permission to buy up to 50% of oil company Occidental Petroleum Corp's common stock.

Buffett's Berkshire Hathaway wins OK to buy 50% Occidental stake

The Federal Energy Regulatory Commission filing could mean that Berkshire Hathaway will continue to increase its stake in Occidental.

Occidental Rallies After Berkshire Hathaway Gets the OK to Own Up to 50% of the Energy Company

Warren Buffett's Berkshire Hathaway received permission to purchase up to 50% of oil giant Occidental Petroleum.

Warren Buffett gets permission to buy up to half of Occidental Petroleum, boosting the shares

A U.S. regulator has authorized Berkshire Hathaway Inc, the company controlled by billionaire Warren Buffett, to buy up to 50% of the common stock of oil company Occidental Petroleum Corp in the secondary market.

U.S. regulator says Berkshire Hathaway can buy up to 50% of Occidental stock

Devon Energy

Better Buy: Occidental Petroleum or Devon Energy?

Ally Financial

Paramount Global

When Buffett's buying wanes, your stocks are probably delivering solid gains.

Warren Buffett's Buying Spree Winding Down: Good News for Investors?

Ford Motor Company

PayPal

Three billionaire money managers with phenomenal investing track records have been buying some very odd stocks of late.

3 Surprising Stocks Billionaires Can't Stop Buying

Chevron

Marathon Oil

Oil has corrected from highs with concerns related to global economic growth. However, it's unlikely that oil will witness a deep correction considering supply and geo-political factors.

3 Oil Stocks to Buy With Safe Dividends

The oil company recently reached a major inflection point, positioning it to return more cash to shareholders in the coming years.

Occidental Petroleum Expects Its Dividend to Continue Surging

Exxon Mobil

Exxon Mobil and Occidental Petroleum are the top two insider buys in August if for different reasons. In both cases, dividends and dividend growth are here.

Exxon, Occidental Petroleum Lead Heavy Month Of Insider Buying

Continental Resources

ConocoPhillips

To be, or not to be: that is the question:Whether 'tis nobler in the mind to sufferThe slings and arrows of outrageous fortune,Or to take arms against a sea of troubles

Suffering Slings and Arrows

Enterprise Products Partners

Marathon Petroleum

Suncor Energy

While uncertainties abound, the outlook still looks bright for energy stocks.

Recent Estimate Revisions: Energy Stocks Still Have Room to Run

Canadian Natural Resources

Enbridge

Vermilion Energy

Oil stocks have outperformed the broader market this year as prices for crude and natural gas remain at multi-year highs. But despite the growth this year, there remain many undervalued energy stocks with significant upside ahead.

7 Undervalued Energy Stocks With Significant Upside Ahead

Activision Blizzard

Warren Buffett's Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright.

Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.

Amazon

General Motors

Verizon

"The Oracle of Omaha" bought stocks despite mounting fears of a market crash.

Warren Buffett boosts Big Tech bets as other billionaires dump stocks

Apple

Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial) made some interesting changes to its portfolio in the second quarter of 2022. I say "Buffett's Berkshire" because it is not entirely clear if the Oracle of Omaha made all of the trades himself or if they were directed by one or both of the corporation's portfolio managers, Todd Combs and Ted Weschler.

Buffett's Portfolio Changes Show Business As Usual

Energy Transfer LP Unit

The move could help sustain its high-yielding payout in the future.

This Ultra-High-Yielding Dividend Stock Is Taking Steps to Capitalize on a $5 Trillion Opportunity

Celanese

McKesson

Markel

Berkshire Hathaway revealed what stocks it snapped up in the second quarter.

9 Stocks Warren Buffett Just Bought in the Second Quarter

Buffett's company bought nearly 4 million Apple shares, ramped up its Chevron and Occidental Petroleum wagers, and rejigged its banking bets.

Warren Buffett's Berkshire Hathaway boosted its Apple stake, bet big on energy stocks, and tweaked its bank holdings last quarter. Here's a closer look at those 3 key moves.

Warren Buffett's Berkshire Hathaway (BRK.B, $302.82) took advantage of the market's second-quarter swoon to add to its stakes in Apple (AAPL, $173.16), Chevron (CVX, $156.80), Occidental Petroleum (OXY, $64.34) and a handful of other stocks, but the holding company didn't make any exciting or surprising new moves, a regulatory filing made late Monday revealed. Chairman and CEO Buffett, along with co-portfolio managers Ted Weschler and Todd Combs, were once again net purchasers of equities during the three months ended June 30, although their pace of buying slowed considerably compared with Q1.

Buffett Buys More Apple, Chevron, Occidental Petroleum, in Q2

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Kroger

Royalty Pharma

U.S. Bancorp

Warren Buffett (Trades, Portfolio)'s multibillion-dollar conglomerate, Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), disclosed its equity portfolio for the second quarter of 2022 on Monday.

Warren Buffett Ramps Up Occidental and Apple Stakes, Dumps Verizon

Bank of America

Prem Watsa (Trades, Portfolio), leader of Fairfax Financial Holdings Ltd. ( TSX:FFH , Financial), disclosed in a regulatory filing that its top five trades for the second quarter included new positions in Bank of America Corp. ( BAC , Financial), Occidental Petroleum Corp. ( OXY , Financial) and Intel Corp. ( INTC , Financial).

Prem Watsa Packs Into Buffett's Bank of America and Occidental

Diamondback Energy

Oil prices retreated to a seven-month low, below pre-invasion levels.

Why Occidental Petroleum, Devon Energy, and Diamondback Energy Shares Plunged Today

News for Occidental Petroleum Stock (OXY)