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 Q4 2020

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

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.

Revenue

Cost of revenue

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SG&A

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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 Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.

Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

Apple

Berkshire Hathaway is a legendary money-making machine with over three million individual shareholders, created by Warren Buffett and Charlie Munger. Recent underperformance against the S&P 500 is unfounded with news of additional investment in OXY and exuberance around AAPL shares. The Company faces criticism for investing in fossil fuels, but the industry outlook remains brighter than the doomsday scenario forecasted by some investors.

Berkshire Hathaway: Additional Exposure To Occidental Petroleum And Apple's Venture Into AI Should Lift Shares

Billionaire Warren Buffett's Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum , a regulatory filing showed, bringing his stake in the U.S. oil producer's common stock to nearly 29%.

Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%

Berkshire Hathaway CEO Warren Buffett appears to be taking advantage of the weakness in energy stocks to boost his holding.

Berkshire Buys More Occidental Stock; Holds 29% Stake Worth Over $15 Billion

Occidental Petroleum is embracing the green revolution for future profitability. Berkshire Hathaway has partnered with Occidental for lithium production. Occidental is focusing on growth projects and potential acquisitions for long-term success.

Occidental Petroleum Is Turning Green

24/7 Insights Warren Buffett has purchased more of his favorite energy stock.

Big Warren Buffett Purchase Highlights Recent Insider Buying

Occidental Petroleum (OXY) reachead $59.80 at the closing of the latest trading day, reflecting a -0.83% change compared to its last close.

Occidental Petroleum (OXY) Stock Declines While Market Improves: Some Information for Investors

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In the last 12 months, crude oil had a breakout above $85 in two instances. However, on both occasions, black gold has pulled back below $80 per barrel.

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Warren Buffett's Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) first bought shares of Occidental Petroleum (NYSE: OXY ) during the third quarter of 2019 before completely selling out in Q2 2020. However, the “Oracle of Omaha” had a change of heart, as he bought back a position in the energy company during Q1 2022.

Warren Buffett Keeps Doubling Down on Occidental Petroleum (OXY) Stock

As the stock trades of Warren Buffett have become the stuff of legend, the Oracle of Omaha does not shy away from insider trades, buying up massive amounts of stock in companies where he already has a substantial stake, including Occidental Petroleum (NYSE: OXY).

Massive insider trade: Warren Buffett's $100M bet on this stock

Options traders are known as either the smartest of the bunch out there or the most willing to take on increased risks. When someone buys an option – particularly a call option – that person is betting on the direction of a particular stock and the timing upon which that stock will reach a specific price.

Buffett Boosts Stake, Triggers Options Boom in Occidental Stock

Occidental Petroleum has materially improved its balance sheet in recent years, allowing it to return to dividend growth. The company appears focused on expanding its business to better compete with larger integrated energy giants.

Is Occidental Petroleum the Best Dividend Stock for You?

Exxon Mobil

Elevated oil and gas prices helped industry operators pay down debt and solidify their balance sheets. ExxonMobil operates across the value chain and provides a reliable dividend that has grown for 41 consecutive years.

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It's no surprise that trading alongside other investors facilitates confidence. After all, there's safety in numbers.

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“Price is what you pay; value is what you get.” In 2008, Warren Buffett told Berkshire Hathaway (NYSE: BRK-A , BRK-B ) shareholders that buying good businesses when they're cheap was the quintessential way to amass wealth.

Buffett Buys on a Budget: The 3 Cheapest Stocks Held by Berkshire Hathaway

HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, today announced they have signed a memorandum of understanding to explore commercial opportunities that use TAE's fusion technology to provide emissions-free power and heat for Direct Air Capture (DAC) facilities. Fusion technology has the potential to deliver emissions-free, continuous and on-demand energy to complement Occidental's existing zero or very-low emissions approach for DAC power and heat requirements.

Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities

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For investors seeking to give their portfolio a jumpstart, so-called hidden-gem growth stocks may have plenty to offer. By that, I'm talking about companies that are not exactly favored by Wall Street.

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Cash-cow stocks represent a distinctive category in the stock market that retail investors tend to underappreciate. But what are cash-cow stocks?

7 Cash-Cow Stocks Making Money Hand Over Fist

Shares in Occidental Petroleum (OXY) are in focus Monday after a regulatory filing released late Friday revealed that Warren Buffett's Berkshire Hathaway (BRK.B) has added to its sizable stake in the oil and gas exploration and production company.

Occidental Petroleum Stock in Focus After Berkshire Boosts Stake in Energy Company

Warren Buffett, famously known as the Oracle of Omaha, has decided to strengthen his stake in Occidental Petroleum (NYSE: OXY) with a substantial purchase recently made by Berkshire Hathaway (NYSE: BRK.A).

Warren Buffett just bought $150 million worth of this stock

Enterprise Products Partners

Enterprise Products Partners is an income stock that benefits from moving oil and natural gas, not producing it. Chevron is a diversified energy giant built to pay dividends through the energy cycle.

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Warren Buffett's firm is the largest shareholder in the energy company.

Berkshire Just Upped Its Stake in Occidental Petroleum

Warren Buffett's Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing.

Berkshire buys additional 2.57 mln shares in Occidental Petroleum, filing shows

With Occidental Petroleum shares below $60 again, Warren Buffett's firm could add to its stake, although Buffett has said he isn't interested in buying the company.

News for Occidental Petroleum Stock (OXY)