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.

APA Corporation

ConocoPhillips

Chevron

EOG Resources

Despite a recent sector sell-off in oil and gas, a Morgan Stanley analyst cites a "consistent execution on spending" and strong excess cash flow usage "towards capital returns and debt reduction" as reasons to remain favorable. Oil & Gas Industry Overview: Devin McDermott holds an attractive view on both the exploration and production and integrated oil industries.

Morgan Stanley's Top Oil & Gas Plays Ahead Of Q2 Earnings

The share price has doubled since our purchase, but the upside potential has not been fully realized. If the company demonstrates financial performance comparable to the pre-pandemic level, the Net Debt / EBITDA ratio will naturally decline.

Occidental Petroleum: Our Update For The Distressed Company

AT&T

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

General Electric

Gateway Investment Advisers bought more AT&T and Verizon stock, initiated a position in Occidental Petroleum, and sold GE stock in the second quarter.

A Low-Volatility Advisor Bought Up AT&T, Verizon, and Occidental Stock. Here's What It Sold.

Most large publicly-traded oil and gas companies have declared their intentions to reduce carbon and methane emissions in a meaningful way. Europe and China plan to accelerate their energy transitions, with carbon taxes and markets involved.

Occidental Petroleum's Energy Transition Approach: Capturing Carbon

Norwegian Cruise Line

U.S. indices were trading lower Friday, with weakness possibly related to continued concerns over inflation as well as a rebound in US COVID-19 cases. The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) fell 0.81% to $357.60

Norwegian Cruise Line And Occidental Petroleum Lead The SPY Lower Friday

Devon Energy

Diamondback Energy

Hess

Marathon Oil

Some of the top losers of the S&P 500 yesterday are energy-related names Occidental Petroleum (OXY), Diamondback Energy (FANG), Devon Energy (DVN), APA Corporation (APA), Marathon Oil (MRO) and Hess (HES).

Oil Stocks Routed on Rising Fuel Supplies, OPEC+ Impasse

Cabot Oil & Gas

Southwestern Energy

Exxon Mobil

U.S. oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, according to data released on Monday, as rising energy and share prices led to larger oilpatch deals.

U.S. oil mergers surge as energy, share prices recover from pandemic

Energy companies like MRO, FANG, DVN, OXY and EOG have seen solid gains this year. Year to date, all these stocks are up anywhere between 60% and 95%.

Oil Moves Higher on Another Significant Stockpile Drawdown

HOUSTON, July 08, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2021 financial results after close of market on Tuesday, August 3, 2021, and will hold a conference call to discuss results on Wednesday, August 4, 2021, at 1:00 p.m. Eastern/12:00 p.m. Central.

Occidental to Announce Second Quarter Results Tuesday, August 3, 2021; Hold Conference Call Wednesday, August 4, 2021

Now that the fireworks have fired and the flags are furled, it's time to get back to the business of business and markets. As this post-Independence Day week dawns, it's looking like crude oil and energy stocks may be a prominent feature of today's trading.

Energy Stocks May Be In Focus As Oil Rises After OPEC+ Doesn't Agree On Output Increases

Let's take a deep look into the S&P 500's top sector of the first half of 2021 - Energy - and its high flyers like MRO, FANG, DVN, OXY and EOG.

5 Energy Stocks That Powered S&P 500's Stunning 1H Gains

Halliburton

Schlumberger

Five energy giants gained on Thursday morning as U.S. crude oil prices topped $75 a barrel, the highest price reached since 2018, ahead of a decision from OPEC+ on production policy for the second half of the year.

5 Energy Stocks Pop as US Oil Prices Surpass $75 a Barrel

With oil above $70, cash flow is not a problem. Company announces another bond tender offer.

Occidental Needs A Dividend Raise

Per Q1 filings, Occidental Petroleum still has $2-3 billion of assets remaining to divest and ease cash flows for shareholder returns. The company incurred $10 billion of asset impairment charges last year and slashed its asset base by almost 25%.

Time To Sell Occidental Petroleum Stock?

Baker Hughes Co

Volatile oil exploration and production stocks like MRO, FANG, OXY, DVN, EOG and HES will be most affected by the OPEC+ meeting outcome.

Breaking Down What to Expect From Tomorrow's OPEC+ Meeting

HOUSTON, June 29, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that it has commenced offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its outstanding senior notes listed in the table below and Consent Solicitations (as defined below), upon the terms and conditions described in Occidental's Offer to Purchase and Consent Solicitation Statement, dated June 29, 2021 (the “Offer to Purchase”).

Occidental Announces Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes

HollyFrontier

Kinder Morgan

As the first half of 2021 comes to a close, investors are optimistically looking forward to the remainder of the year as the economy begins to reopen.

4 Outperforming Energy Stocks to Consider Heading Into 2nd Half of the Year

These oil stocks could produce a gusher of profits as crude prices continue rallying.

3 Oil Stocks to Buy as Crude Prices Barrel Toward $100

America First Multifamily Investors

Bank of America

Crestwood Equity Partners

Enterprise Products Partners

Warren Buffett says you either make money in your sleep, or you die working to make money. Your portfolio should not depend on you to make you money!

Listen To Warren Buffett: Make Money While You Sleep

I continue to like the energy sector and see several stocks with bullish short-term trading setups (that have strong potential). One in particular is Occidental Petroleum stock (OXY).

Occidental Petroleum Stock (OXY) Breakout Buy Signal

Energy companies like MRO, FANG, DVN, OXY, EOG, HES and XOM have seen solid gains this year. Year to date, all of these stocks are up anywhere between 55% and 104%.

EIA Oil Supply Data Reveals a Bullish Raft of Indicators

Antero Resources

Centennial Resource Development

If current energy price trends continue, these nine strong performing oil and gas stocks could add to their recent gains. The post 9 Oil & Gas Stocks to Buy to Play Rising Energy Prices appeared first on InvestorPlace.

9 Oil & Gas Stocks to Buy to Play Rising Energy Prices

Crude oil prices hit multi-year highs this week above $70 pre barrel on optimism surrounding summer reopening and travel demand. On Friday, one Wall Street analyst adjusted his oil stock coverage ahead of what could be a big summer for oil stocks.

Morgan Stanley Upgrades Marathon Oil & Occidental Petroleum, Calls ConocoPhillips 'Quality Stock On Sale'

Enbridge

Apart from Enbridge (ENB), Magellan Midstream (MMP) and Occidental Petroleum (OXY), there were news from Plains All American (PAA) and ExxonMobil (XOM) during the week.

Oil & Gas Stock Roundup Headlined by Enbridge, Magellan & Occidental's Divestments

Marathon Oil (MRO) is the top S&P 500 year-to-date gainer. Diamondback Energy (FANG), Devon Energy (DVN), Occidental Petroleum (OXY), EOG Resources (EOG), Hess (HES) and Apache (APA) have also surged.

News for Occidental Petroleum Stock (OXY)