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.

Our previous Sell rating on Occidental stock played out in June, as the market turned its focus on worsening macros and a potential recessionary scenario. Despite Berkshire's increasing stakes in Occidental, we urge investors to utilize independent thinking. How much further do they expect OXY to rise from here?

Is Occidental Petroleum Stock A Buy Or Sell After It Dipped In June?

Carvana

Warner Bros Discovery Inc

While insider buying is no guarantee for higher share prices it is certainly an indication of optimism and value in a stock. This is why we like to scope out the insider-buying data, it's a valuable source for trading ideas.

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Amazon

Incyte

Billionaire investors are backing up their trucks and loading up on these stocks.

3 Stocks the World's Smartest Investors Are Buying Hand Over Fist Right Now

Occidental Petroleum (OXY) closed at $59.11 in the latest trading session, marking no change from the prior day.

Occidental Petroleum (OXY) Flat As Market Gains: What You Should Know

Continental Resources

Love is in the air, everywhere I look around

Love Is in the Air

Warren Buffett has used the latest oil dip to add more OXY. The medium-term outlook for oil is higher.

Occidental Petroleum: Follow Warren Buffett And Buy This Oil Dip

Warren Buffett has been buying Occidental Petroleum stock all year. He is sitting on gains on the majority of his position.

Occidental Petroleum: Buffett Wins Again

Occidental Petroleum generates a ton of free cash flow at record petroleum prices. The company could achieve between $12-13B in free cash flow in FY 2022.

Occidental Petroleum: Favorable Setup

Warren Buffett (Trades, Portfolio) is a big fan of oil stocks lately. According to Berkshire Hathaway's ( BRK.A , Financial)( BRK.B , Financial) 13F reports, the guru added to the position in Chevron ( CVX , Financial) in the first quarter of 2022.

Is Warren Buffett Planning to Buy Occidental?

Berkshire, headed by Warren Buffett, owns 17.4% of the energy company after buying last week and could be purchasing more stock Tuesday.

Berkshire Hathaway Seems Headed for a 20% stake in Occidental

Core Laboratories Inc

Devon Energy

These three energy-related names followed oil prices lower following the Fourth of July weekend.

Why Occidental Petroleum, Devon Energy, and Core Laboratories Plunged Today

APA Corporation

Chevron

Halliburton

Marathon Oil

Energy Select Sector SPDR Fund

Exxon Mobil

The energy sector took a broad beating in afternoon trading Tuesday, as crude oil and natural gas prices took sharp dives on the back of a surge in the U.S. dollar and continued fears that a recession would dampen demand. The SPDR Energy Select Sector ETF XLE, -5.86% tumbled 5.8% toward a more than four-month low, with all 21 of the equity components losing ground by more than 4%.

Oil and gas stocks suffer a broad beating as crude oil, natural gas futures are hit hard

Hess

Valero Energy

Let's take a deep look into the S&P 500's top sector for the first six months of 2022 - Energy - and its high flyers OXY, VLO, HES, XOM and HAL.

5 S&P 500 Energy Stock Winners of a Brutal First Half

Diamondback Energy

Why These 3 Oil Dividend Stocks Tumbled More Than 15% in June

Could investors jump on these top oil stocks during this holiday-shortened week?

Top Stocks To Buy Now? 3 Oil Stocks In Focus

Buffett's company now owns 17.4% of Occidental, along with $10 billion of preferred shares, and warrants to buy 83.9 million shares for $5 billion.

Warren Buffett's Berkshire Hathaway plows another $582 million into Occidental Petroleum, boosting its stake in the energy giant to nearly $10 billion

Oil stocks have been one of the few bright spots in what has been a bleak year for the overall stock market.

Up 20% to 100%, Can These 3 Oil Stocks Keep Beating the Market In the Second Half of 2022?

Warren Buffett has always made his best deals when markets are in turmoil. OXY stock is the latest example of this.

Why Buffett is Buying Occidental Petroleum Stock

Warren Buffett's Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the oil company.

Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake

Stocks often retrace headline moves. If the stock does not retrace a headline move, then another bargain will likely happen in the future.

Occidental Petroleum: Why Care About Warren Buffett

Enviva Partners

Based on recent insider buying activity, a list of the most bullish candidates should include these three names.

Insiders are Loading Up on These 3 Pullbacks

Citigroup

McKesson

Microsoft

NVIDIA

UnitedHealth Group

Visa

Walmart

Alphabet

Warren Buffett is one of the most successful investors in the world, so identifying Warren Buffett stocks is an important trait. The post 10 Warren Buffett Stocks to Buy for the Second Half of 2022 appeared first on InvestorPlace.

10 Warren Buffett Stocks to Buy for the Second Half of 2022

Barrick Gold

An unusual pair trade: Barrick Gold versus Occidental Petroleum. The Buffett's syndrome and what can we learn from it.

Pair Trade: Barrick Vs. Oxy Petroleum, Buffett's Syndrome And Its Challenges

Phillips 66

The price of oil fell as recession fears mounted. But Warren Buffett isn't buying it.

Why Occidental Petroleum, Devon Energy, and Phillips 66 Plunged Today

Globe Life Inc

Markel

Verizon

As the first half of 2022 comes to a close, investors are cautiously approaching the remainder of the year as the economy continues to contend with high inflation and interest rates, rising oil prices, geopolitical tensions and supply chain disruptions.

News for Occidental Petroleum Stock (OXY)