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

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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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.

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Cost of revenue

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SG&A

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Operating income

EBITDA

Net income

Earnings per share

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Cash & equivalents

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Intangibles

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Income tax payable

Non-current liabilities

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Stockholders equity

Minority interest

Total liabilities & equity

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Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

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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 hype continues, with oil prices still well supported and OXY's stock prices rallying, despite the growing recessionary fears. Nothing is definite now, as OPEC+ raises the stakes with output cuts and Biden releasing another 15M barrels, festering further market uncertainties.

Occidental Petroleum: Maybe We Were Wrong And Buffett Right

McKesson

Many people turn to the Oracle of Omaha when looking for stocks to add. After all, it's easy to understand why after seeing his track record.

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Great performance and stocks may seem like contradictory terminology this year. But despite double-digit losses from major indexes in 2022, there are still some individual stocks that have generated sizable gains.

Warren Buffett purchased more than 20 million shares of this stock in 2022. And it has a 133% return.

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The T Rowe Price Equity Income Fund (Trades, Portfolio), part of Baltimore-based T. Rowe Price Group Inc. (TROW), disclosed this week that is top sells during the third quarter included the closure of its positions in Citrix Systems Inc. ( CTXS , Financial) and Occidental Petroleum Corp. ( OXY , Financial) and reductions to its holdings of Xcel Energy Inc. ( XEL , Financial), Loews Corp. ( L , Financial) and United Parcel Service Inc. ( UPS , Financial).

T Rowe Price Equity Income Fund's Top Sells of the 3rd Quarter

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In general, the last quarter of the year is good for equity markets. However, it's too early to assume that the markets are automatically headed higher.

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While stocks are still in bear market mode, and may have yet to reach a bottom, now is a great time to consider long-term stocks to buy and hold. As uncertainty continues to run high, plenty of high-quality stocks continue to be “on sale.

7 Long-Term Stocks to Buy and Hold Until 2023

The last time Buffett bought stock from Carl Icahn, it worked out awfully well.

Why Occidental Petroleum Could Be Warren Buffett's Next Apple

The latest inflation numbers for the month of September have been eagerly anticipated. On Oct. 13, this data point was released, showing that the inflation rate was 8.2% for September.

Is Occidental Buffett's Best Pick to Combat Inflation?

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This week saw energy equities trounce other stock sectors, with midstream gaining 3.9%. OPEC's production cut bolstered investor confidence that bullish oil fundamentals would be supported.

Midstream Weekly Recap: Midstream Screams Higher With Energy Equities And Commodities

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Cramer explained what technician Carolyn Boroden's latest charts analysis reveals about three stocks.

Charts suggest Twitter, Valero and Occidental Petroleum could rally soon, Cramer says

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Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Occidental Petroleum (OXY) is a Top Value Stock for the Long-Term

A larger-than-expected production cut from OPEC+ caused oil prices to rise.

Why Chevron, Occidental Petroleum, and Devon Energy Rallied This Week

Halliburton

Phillips 66

The White House isn't very happy with OPEC's decision to slash oil production by 2 million barrels per day. Consumers won't be big fans either, as the move will likely send gas prices higher.

OPEC's production cut is a win for oil stocks

The oil and gas market finally came to life when OPEC+ showed its teeth to Biden's administration. Despite high valuation multiples in absolute terms, OXY appears to be the best choice among peers of the same size due to its better profitability.

Occidental Petroleum Looks Great, But Journey Energy May Give You More

HOUSTON, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2022 financial results after close of market on Tuesday, November 8, 2022, and will hold a conference call to discuss results on Wednesday, November 9, 2022, at 1 p.m. Eastern/12 p.m. Central.

Occidental to Announce Third Quarter Results Tuesday, November 8, 2022; Hold Conference Call Wednesday, November 9, 2022

Occidental Petroleum Corporation's stock (NYSE: OXY) is a company engaged in hydrocarbon exploration as well as petrochemical manufacturing.

Occidental Petroleum Stock Up 13% In A Week. Here's Why?

The renowned-investor's bold bets on oil stocks are getting an unexpected boost.

Warren Buffett Is Getting a Helping Hand From a Surprising Source

Berkshire Hathaway now owns more than 20% of Occidental Petroleum. And it is conceivable that it could just purchase the whole business outright. So potential Occidental investors face an interesting opportunity here.

Occidental Petroleum: Let Buffett's Berkshire Buy, Then You Can Backdoor Buy It

Transocean

It's been a year of windfall profits for oil and gas companies. Indeed, it isn't surprising that energy stocks have performed well through 2022.

This Is the Best Time to Buy These 4 Long-Term Energy Stocks

Global events are signaling a massive fuel shortage as winter approaches, particularly in Europe. This will exert upward pressure on the price of fuel the world over. Occidental Petroleum outshines its competitors in terms of financial fundamentals.

Occidental Petroleum: Set To Profit From Winter Fuel Shortage

Source: Oil and Gas Photographer / Shutterstock.com Energy stocks are on the move Wednesday after OPEC+ agreed to cut the amount of oil produced. The organization of oil-producing countries will be cutting the amount of oil they make by 2 million barrels per day.

Why Are Energy Stocks Up Today?

Indonesia Energy Corp Ltd

Even with the broader stock market in the red this morning, oil stocks representing Exxon Mobil (NYSE: XOM ), Occidental Petroleum (NYSE: OXY ) and Indonesia Energy (NYSEAMERICAN: INDO ) were definitely in rally mode. Most likely, this is because the Organization of the Petroleum Exporting Countries (OPEC) Plus met today in Vienna, Austria and announced cuts to oil production.

Why Are Oil Stocks XOM, OXY, INDO Up Today?

Warren Buffet's bold bet on this oil stock could really pay off if this market materializes.

This Top Warren Buffett Stock Has Enormous Overlooked Upside Potential

Hint: It's not Apple, Chevron, or Occidental Petroleum.

All Signs Point to Warren Buffett Buying His Favorite Stock Again

News for Occidental Petroleum Stock (OXY)