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

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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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.

Occidental Petroleum Corp (NYSE: OXY) just announced plans of buying Carbon Engineering for about $1.1 billion. Its shares are down 2.0% at writing.

Occidental Petroleum just bought Carbon Engineering for $1.1 billion

Occidental Petroleum will purchase tech firm Carbon Engineering Ltd. for $1.1 billion with plans to build 100 plants, using incentives from the government to combat climate change.

Occidental Petroleum to Acquire Carbon Capture Technology Supplier for $1.1 Billion

Occidental Petroleum faces a challenging Q2 2023 with a significant decrease in earnings, primarily due to lower oil and gas prices. Despite the earnings slump, Occidental's total production rose 6% YoY, and the company raised its full-year production guidance. Substantial share repurchases and preferred equity redemptions reflect Occidental's focus on enhancing shareholder returns.

Occidental Petroleum: Navigating Challenges And Driving Growth

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U.S. oil and gas producer Occidental Petroleum said on Tuesday it would acquire carbon-capture technology provider Carbon Engineering for a total cash consideration of approximately $1.1 billion.

Occidental Petroleum to buy Carbon Engineering for $1.1 bln

Integration of Occidental's operations experience and Carbon Engineering's technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment Integration of Occidental's operations experience and Carbon Engineering's technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment

Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering

Billionaire investor Prem Watsa (Trades, Portfolio), the leader of Fairfax Financial Holdings ( TSX:FFH , Financial), disclosed his second-quarter equity portfolio earlier this week.

Prem Watsa Piles Into Occidental Petroleum

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We received $941 in July dividend income. This was a 34.95% dividend increase compared to July 2022. One interesting benefit of moving the funds into VOO is that they pay dividends in an “off month” several times during the year. The Fulton July dividend has more than doubled since January and the Huntington dividend has grown over 50% in the same time period.

Bert's July 2023 Dividend Income Summary

Occidental Petroleum Corporation's bump in share price has dropped down its free cash flow yield, even at higher prices. The company has a 7% FCF yield, not enough to justify its valuation given both long and short-term risks. At this time, we recommend against adding to a position in Occidental Petroleum, but don't recommend selling yet.

Occidental Petroleum Is A Bit On The Pricey Side Again

Berkshire Hathaway's quarterly 13Fs provide a snapshot of what the Oracle of Omaha and his investing lieutenants have been buying and selling. However, Berkshire Hathaway's quarterly reports and select SEC filings can allow investors access to some of Buffett's trades prior to the release of quarterly 13Fs.

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Chevron continues to be best in breed. Occidental Petroleum's stock is trading at a steep discount to its historic valuation.

3 Unstoppable Warren Buffett Dividend Stocks That Have Room to Run

Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.

Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project

HOUSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) -- 1PointFive, a wholly owned subsidiary of Occidental, announced today it was selected to receive a grant from the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) for the development of its South Texas Direct Air Capture (DAC) Hub. The hub, to be located on the King Ranch in Kleberg County, is expected to include the world's first DAC plant designed to remove up to 1 million metric tons of CO2 per year.

1PointFive Selected for U.S. Department of Energy Grant to Develop South Texas Direct Air Capture Hub

Warren Buffett has been crushing the broader market for almost six decades. Tracking the Oracle of Omaha's trading activity is made easy with Berkshire's required Form 13F filings.

Warren Buffett's Latest $1.3 Billion Buy Brings His Total Investment in This Stock to More Than $71 Billion in 5 Years

Oil and gas producer Occidental Petroleum said on Wednesday it appointed company veteran Sunil Mathew as its new chief financial officer.

Occidental Petroleum appoints Sunil Mathew as CFO

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News for Occidental Petroleum Stock (OXY)