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

Recently, billionaire investor Charlie Munger (Trades, Portfolio) took part in an interview with the Australian Financial Review after making a substantial investment in one of his favorite private Australian companies.

Is This Why Berkshire Hathaway Is Buying Oil Stocks?

Halliburton

Phillips 66

Transocean

Shell PLC

Exxon Mobil

Gasoline prices are high for consumers, but why don't oil companies want to drill for more oil? There's a good reason.

Why Nobody Wants to "Drill, Baby, Drill"

Apple

Bank of America

Coca-Cola

Berkshire Hathaway will collect more than $6 billion in dividend income over the next 12 months. Just five holdings will account for about $4.25 billion.

5 Stocks Are Netting Warren Buffett a Combined $4.25 Billion in Annual Dividend Income

First Trust Energy AlphaDEX Fund

John Hancock Multifactor Energy ETF

Invesco Dynamic Energy Exploration & Production ETF

Energy sector-related exchange traded funds gained Tuesday after Warn Buffett's Berkshire Hathaway's latest regulatory filing revealed increased purchases of Occidental Petroleum Corp. (OXY) to near a threshold that would include the oil company's earnings for its own. On Tuesday, the Invesco Dynamic Energy Exploration & Production Portfolio (NYSEArca: PXE) gained 4.

Energy ETFs Gain as Buffett's Berkshire Hathaway Ups Occidental Stake Again

(This July 18 story corrects paragraph 2 to reflect amended regulatory filing that shows Berkshire bought some Occidental stock on July 18, not July 16, after the company corrected details)

Buffett's Berkshire buys more Occidental Petroleum, edges closer to 20% stake

ConocoPhillips

Devon Energy

EOG Resources

Pioneer Natural Resources

While it did not seem like it at the gasoline pump initially, the price of oil had dropped a stunning 27% since March when West Texas Intermediate recently bounced off the $94 support level.

Large-Cap US E&P Oil Stocks Are Dirt Cheap and Most Pay Huge Dependable Dividends

Buffett's company has scooped up 182 million Occidental shares worth nearly $11 billion this year, and it shows no signs of stopping.

Warren Buffett's Berkshire Hathaway continues its buying spree, spending $122 million to boost its Occidental Petroleum stake to nearly 20%

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) said on Monday it had purchased another 1.9 million shares of Occidental Petroleum Corporation (NYSE: OXY). What Happened: The Warren Buffett-led company said in a U.S. Securities and Exchange Commission filing that it had purchased 1.94 million.

Warren Buffett Now Owns Nearly 20% Of This Oil Exploration Company: What You Need To Know

Berkshire Hathaway, led by Warren Buffett, now holds about $11 billion of the energy company

Berkshire Hathaway Nears 20% Stake in Occidental Petroleum After New Buys

Recent Form 4 reports as Berkshire's percentage ownership of Occidental approaches 20% have gotten breathless attention. Several stories have predicted he will eventually buy the whole company. The arguments in favor include the wonderful cash flow, suitable size, ideal interface with Berkshire Hathaway Energy, and excellent CEO who shares Buffett's reasonable views on carbon energy and renewables.

Occidental Petroleum: Will Berkshire Buy The Whole Company? These Factors Will Decide

Berkshire Nears 20% stake in Occidental Petroleum After New Buys

Trading at a low valuation, and with its fundamentals continuing to improve, there's no reason to hit the brakes on OXY stock. The post Occidental Petroleum Is Still a Great Way to Play High Energy Prices appeared first on InvestorPlace.

Occidental Petroleum Is Still a Great Way to Play High Energy Prices

Kraft Heinz

These Buffett-backed stocks will pay you to own them.

3 Top Warren Buffett Dividend Stocks for the Second Half of 2022

Suncor Energy

Recently WTI oil prices took their biggest dip of the year, falling from $123 to $95. People on Fintwit began to share memes lampooning the death of oil after the crash occurred.

Oil's Demise Has Been Greatly Exaggerated

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?

Activision Blizzard

The Oracle of Omaha couldn't stop buying these three stocks as the broader market tumbled.

3 Stocks Warren Buffett Piled Into as the Nasdaq Plunged During the Second Quarter

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

Citigroup

Paramount Global

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

Coterra Energy

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.

What You Need to Know About EIA's Short-Term Energy Outlook

Enterprise Products Partners

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

News for Occidental Petroleum Stock (OXY)