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.

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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.

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Cost of revenue

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Operating income

EBITDA

Net income

Earnings per share

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Intangibles

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Funds from operations

Change in working capital

Cash from investing

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Change in stock

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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.

Is Oxy counting too much on higher oil prices to make this deal work out?

Oxy's $12 Billion Acquisition: Is Warren Buffett's Second-Favorite Oil Stock a Buy?

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Huge Warren Buffett Purchase Highlights Hot Insider Buying

Berkshire Hathaway's Class A shares (BRK.A) have doubled up the annualized total return of the S&P 500 since Warren Buffett became CEO nearly six decades ago. Innovation-driven tech stock Apple and energy company Occidental Petroleum have been two of the most popular buys for the Oracle of Omaha's company.

Meet the 1 Stock Warren Buffett Is Virtually Guaranteed to Be Buying Throughout 2024

Warren Buffett's Berkshire Hathaway Inc. (BRK.A), (BRK.B) conglomerate further increased its stake in Occidental Petroleum Corp. (OXY) this week after the company acquired shale driller CrownRock L.P.

Warren Buffett Steps Up Occidental Petroleum Bet After CrownRock Deal

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Occidental Petroleum Corp (NYSE: OXY) is up 4.0% today following news that Warren Buffett increased his stake further in the oil producer this week. Buffett now has a 27% stake in Occidental Petroleum The legendary investor bought more than 10 million shares of the Houston-headquartered firm for $588 million across multiple transactions in recent days.

Buffett just loaded up on shares of Occidental Petroleum: should you too?

Occidental Petroleum Corp (NYSE:OXY) stock is on the rise today, after news that Warren Buffet's Berkshire Hathaway (BRK.A) bought 10.5 million shares worth about $588.7 million.

Occidental Petroleum Eyes Best Day Since October

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Occidental Petroleum Corporation (NYSE:OXY) shares are helped higher, up 1.96% to $58.34, by latest reports of stakebuilding by Warren Buffett's Berkshire Hathaway, amidst a reemergence of deal activity in the US shale regions. Buffett's investment firm now holds some 27% of the oil company, after it bought another $588.7 million worth of shares this week – its part of a deal stuck alongside Occidental's 2019 acquisition of Anadarko and ultimately could see the investor's stake reach up to 33%.

Occidental Petroleum shares further bolstered by Buffett stake building

The share purchases signal that Warren Buffett has confidence in Occidental's decision to acquire CrownRock, a privately held producer in the Permian Basin.

Buffett's Berkshire buys more Occidental in endorsement of Permian Basin-related purchase

Berkshire Hathaway Inc. BRK.A, +1.19% BRK.B, +0.56%, the conglomerate controlled by billionaire Warren Buffett, acquired about10.5 million shares of Occidental Petroleum Corp. OXY, +3.01% stock valued at nearly $589 million between Dec. 11 and 13, according to a Thursday filing. Berkshire Hathaway now owns about 238.53 million shares, valued at roughly $13.65 billion.

Berkshire Hathaway ups its Occidental Petroleum stake by nearly $600M

Warren Buffett loaded up on OXY shares this week following the company's $12 billion consolidation move in the Permian Basin.

Warren Buffett's $590 Million OXY Buy Highlights This Key Support Level

Berkshire Hathaway, led by Warren Buffett, acquired approximately 10.5 million shares of Occidental Petroleum (NYSE: OXY) this week at nearly $590 million. This move followed Occidental Petroleum's announcement of a $12 billion deal to acquire CrownRock, a Permian producer.

Warren Buffett just bought $590 million worth of this stock

Warren Buffett's Berkshire Hathaway bought stock in Occidental Petroleum on the same day the oil producer announced a $12 billion deal.

Berkshire Hathaway bought more Occidental stock on day of CrownRock deal

Warren Buffett's conglomerate upped its stake in the oil stock to about 27%.

Berkshire Buys More Occidental Stock, Signaling Confidence in CrownRock Purchase

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Consolidation continues in the Permian basin, as Occidental Petroleum OXY agreed Monday to acquire CrownRock for $12 billion. It will be a big payday for Midland, Texas oilman Tim Dunn, cofounder of CrownQuest Operating — who joined with private equity boutique Lime Rock to form the CrownRock venture in 2007.

Dunn Deal: Texas Oilman Eyes $2 Billion Payday In Sale To Occidental

Occidental (OXY) is set to acquire CrownRock, further strengthening its footprint in the premier Permian basin and increasing low-breakeven inventory.

Occidental (OXY) to Buy CrownRock in a $12B Cash & Stock Deal

The deal to buy CrownRock follows similar moves by peers ExxonMobil and Chevron. The deal will boost Occidental's free cash flow.

Occidental Petroleum Makes a $12 Billion Acquisition to Keep Pace with ExxonMobil and Chevron

With a $12 billion price tag, Occidental Petroleum Corp.'s (OXY) deal to buy Midland, Texas-based oil and gas producer CrownRock L.P, is essentially a move to expand the company's reach in the Permian Basin and other petroleum-rich regions.

Why Occidental Petroleum Is Spending $12 Billion To Buy CrownRock

Occidental Petroleum OXY (Oxy) said Monday it would acquire the assets of privately held CrownRock in a stock-and-cash deal valued at $12 billion. The acquisition adds more than 1700 new potential locations to the shale giant's drilling prospect inventory along with 170 thousand barrels of oil per day equivalent (Mboed) in existing production.

News for Occidental Petroleum Stock (OXY)