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 average of price targets set by Wall Street analysts indicates a potential upside of 30.5% in Occidental (OXY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Occidental (OXY) Could Rally 31%: Here's is How to Trade

Warren Buffett's near 20% stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer and turn it into a "cash machine" that feeds his other investments.

Is Warren Buffett's interest in Occidental a bet against recession?

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The latest inflation numbers for June 2022 shows inflation has accelerated to 9.1%, which is the highest level since 1981. This inflation surge has been primarily driven by energy, up 41% year over year.

Chevron And Occidental: 2 Warren Buffett Stocks For The Latest Inflation Surge

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Warren Buffett (Trades, Portfolio) is busy deploying his massive cash hoard as the market plummets.

Warren Buffett Is Buying, Not Selling

Berkshire Hathaway's Warren Buffett has purchased shares of OXY stock yet again. He now owns a total of 179.74 million shares.

Warren Buffett Keeps Buying OXY Stock. Should You?

It looks as if Warren Buffett (Trades, Portfolio) is continuing to use Berkshire Hathaway‘s ( BRK.A , Financial) ( BRK.B , Financial) cash to build its position in Occidental Petroleum ( OXY , Financial).

As Buffett Moves on Occidental, Investors Should Pay Attention

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With upward pressure on oil and natural gas prices, energy companies like Occidental Petroleum (OXY), Coterra Energy (CTRA) and Valero Energy (VLO) have seen solid gains in 2022.

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Analyzing highly cyclical stocks like Occidental Petroleum can be tricky. Common metrics like dividend yields and payout ratios are not only limiting but can also be misleading. Comparison against a more stable stock such as Enterprise Products further illuminates the caveats.

Occidental Petroleum And Enterprise Products: Re-Engineer Buffett's Thinking

If Buffett's company reaches a 20% stake in Occidental, it can include a share of the energy company's profits in its own earnings.

Warren Buffett's Berkshire Hathaway just plowed another $250 million into Occidental Petroleum. It now commands a 19.2% stake worth over $10 billion

Berkshire Hathaway is clearly interested in Occidental Petroleum at

Occidental Petroleum: 20% FCF Yield With Potentially Strong Returns

Berkshire Hathaway Inc, run by Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% stake in the oil company.

Buffett's Berkshire owns 19.2% of Occidental Petroleum after new purchases

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

Time to Buy Occidental ETFs After Buffett's Bullishness?

Here is how Occidental Petroleum (OXY) and Precision Drilling (PDS) have performed compared to their sector so far this year.

Is Occidental Petroleum (OXY) Outperforming Other Oils-Energy Stocks This Year?

Charlie Munger (Trades, Portfolio) gave a rare interview this week following his personal investment with Melbourne-based investment company Stonehouse Corporation. As usual, the conversation was full of fascinating insights from this highly experienced and successful investor.

Charlie Munger on Inflation and Fossil Fuels

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The market is worried that global oil demand could drop if parts of China go back into COVID-19 lockdowns.

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Buffett has been on the offensive throughout 2022, undoubtedly recognizing value in areas amid a volatile backdrop.

Mimic Warren Buffett's 2022 Strategy With These 3 Stocks

Occidental (OXY) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Occidental (OXY) a Solid Growth Stock? 3 Reasons to Think "Yes"

Berkshire Hathaway owns massive positions in both companies, but which is the better buy for retail investors?

Better Buffett Oil Stock: Occidental Petroleum vs. Chevron

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Some analysts believe Occidental Petroleum shares don't have much room left to run after a massive rally this year.

Is Warren Buffett's Favorite Stock Overbought? Occidental Petroleum Gets Downgrade From Analysts

It is not too often that two titans of Wall Street are on the opposite side of a trade, but that is the case with a Goldman Sachs analyst and Warren Buffett regarding Occidental Petro Corp (NYSE: OXY). The Wall Street firm's downgrade and corresponding price action make it the PreMarket Prep.

Goldman Sachs Vs. Warren Buffett: 2 Sides Of The Occidental Petroleum Trade

Several catalysts contributed to the oil company's skyrocketing stock price.

News for Occidental Petroleum Stock (OXY)