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OXY

OXY - Occidental Petroleum Corp Stock Price, Fair Value and News

67.77USD-0.11 (-0.16%)Market Closed

Market Summary

OXY
USD67.77-0.11
Market Closed
-0.16%

OXY Stock Price

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OXY RSI Chart

OXY Valuation

Market Cap

59.6B

Price/Earnings (Trailing)

12.69

Price/Sales (Trailing)

2.06

EV/EBITDA

5.77

Price/Free Cashflow

9.87

OXY Price/Sales (Trailing)

OXY Profitability

EBT Margin

22.23%

Return on Equity

15.52%

Return on Assets

6.35%

Free Cashflow Yield

10.13%

OXY Fundamentals

OXY Revenue

Revenue (TTM)

28.9B

Rev. Growth (Yr)

-9.57%

Rev. Growth (Qtr)

1.74%

OXY Earnings

Earnings (TTM)

4.7B

Earnings Growth (Yr)

-37.83%

Earnings Growth (Qtr)

-12.87%

Breaking Down OXY Revenue

Last 7 days

2.8%

Last 30 days

7.2%

Last 90 days

16.2%

Trailing 12 Months

12.6%

How does OXY drawdown profile look like?

OXY Financial Health

Current Ratio

0.92

Debt/Equity

0.61

Debt/Cashflow

0.66

OXY Investor Care

Dividend Yield

1.06%

Dividend/Share (TTM)

0.72

Buy Backs (1Y)

2.29%

Diluted EPS (TTM)

3.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202335.8B31.8B29.7B28.9B
202229.4B34.1B36.8B37.1B
202115.1B18.1B21.7B26.3B
202024.3B22.8B20.1B16.3B
201919.2B19.5B19.4B21.8B
201814.1B14.6B17.7B18.9B
201711.1B12.1B12.5B13.3B
201611.9B10.9B10.4B10.4B
201520.0B17.9B16.2B12.7B
201420.5B20.1B18.6B21.9B
201319.8B20.1B20.6B21.5B
201224.6B24.2B24.1B20.2B
201120.3B21.9B23.1B24.1B
201016.5B17.4B18.1B19.2B
200921.0B17.5B14.5B14.9B
2008021.3B22.7B24.0B
200700020.0B
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Tracking the Latest Insider Buys and Sells of Occidental Petroleum Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 19, 2024
gutierrez carlos m
acquired
13,750
22.00
625
-
Mar 01, 2024
jackson richard a.
acquired
-
-
23,469
senior vice president
Mar 01, 2024
bennett peter j.
acquired
-
-
17,927
vice president
Mar 01, 2024
hollub vicki a.
acquired
-
-
76,924
president and ceo
Mar 01, 2024
champion christopher o
acquired
-
-
11,409
vp, cao and controller
Mar 01, 2024
dillon kenneth
acquired
-
-
23,469
senior vice president
Mar 01, 2024
kerrigan sylvia j
acquired
-
-
42,373
svp & chief legal officer
Mar 01, 2024
mathew sunil
acquired
-
-
20,861
svp & cfo
Mar 01, 2024
peterson robert l
acquired
-
-
20,861
senior vice president
Mar 01, 2024
simmons jeff f
acquired
-
-
20,209
senior vice president

1–10 of 50

Which funds bought or sold OXY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
Valeo Financial Advisors, LLC
reduced
-19.03
-222,070
2,330,860
0.08%
Apr 25, 2024
Whalen Wealth Management Inc.
added
8.39
165,177
1,084,290
0.80%
Apr 25, 2024
Checchi Capital Advisers, LLC
reduced
-6.21
6,055
296,484
0.02%
Apr 25, 2024
Aaron Wealth Advisors LLC
added
18.3
69,628
311,692
0.04%
Apr 25, 2024
STRATEGY ASSET MANAGERS LLC
sold off
-100
-568,081
-
-%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-3.36
39,200,200
795,186,000
0.15%
Apr 25, 2024
Triumph Capital Management
reduced
-5.3
19,470
407,606
0.17%
Apr 25, 2024
GHP Investment Advisors, Inc.
unchanged
-
188
1,940
-%
Apr 25, 2024
Bogart Wealth, LLC
unchanged
-
725
7,499
-%
Apr 25, 2024
Capital Investment Advisory Services, LLC
added
0.94
53,854
599,612
0.06%

1–10 of 48

Are Funds Buying or Selling OXY?

Are funds buying OXY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OXY
No. of Funds

Unveiling Occidental Petroleum Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
dodge & cox
10.7%
95,267,578
SC 13G/A
Feb 13, 2024
vanguard group inc
6.47%
56,822,431
SC 13G/A
Jan 25, 2024
state street corp
4.57%
40,141,797
SC 13G/A
Jan 10, 2024
berkshire hathaway inc
34.0%
327,574,652
SC 13G/A
Jul 07, 2023
blackrock inc.
4.7%
42,296,047
SC 13G/A
Feb 14, 2023
dodge & cox
11.6%
107,355,862
SC 13G/A
Feb 14, 2023
berkshire hathaway inc
28.0%
278,210,498
SC 13G/A
Feb 09, 2023
vanguard group inc
6.73%
61,149,817
SC 13G/A
Feb 08, 2023
blackrock inc.
5.5%
50,272,936
SC 13G/A
Feb 07, 2023
state street corp
5.36%
48,735,391
SC 13G/A

Recent SEC filings of Occidental Petroleum Corp

View All Filings
Date Filed Form Type Document
Apr 17, 2024
PX14A6G
PX14A6G
Apr 10, 2024
8-K
Current Report
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
ARS
ARS
Mar 21, 2024
DEF 14A
DEF 14A
Mar 21, 2024
DEFA14A
DEFA14A
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading

Peers (Alternatives to Occidental Petroleum Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
467.7B
344.6B
6.68% 5.15%
12.99
1.36
-16.70% -35.40%
308.1B
200.9B
6.47% -0.40%
14.42
1.53
-18.40% -39.75%
59.6B
28.9B
7.17% 12.61%
12.69
2.06
-22.04% -64.70%
16.0B
6.6B
1.06% 19.06%
10.31
2.41
-17.41% -56.98%
12.0B
8.7B
6.70% 15.30%
4.98
1.38
-25.73% -50.99%
MID-CAP
8.5B
2.2B
13.81% 52.20%
17.6
3.86
-62.59% -77.29%
4.1B
2.7B
-2.20% 16.78%
11.74
1.51
2.93% 8.77%
3.7B
2.5B
4.36% 58.75%
3.61
1.44
-6.59% -31.79%
2.8B
1.7B
3.18% -4.89%
12.98
1.63
-26.01% -5.75%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
287.7M
307.6M
16.24% 7.35%
0.73
0.94
-32.91% 578.62%
171.7M
186.7M
-30.26% 98.51%
-3.7
0.92
-27.21% 56.92%
88.5M
220.8M
-5.28% -22.03%
-29.05
0.4
-38.52% -116.44%
74.9M
2.7B
11.72% -18.50%
353.52
0.03
-18.46% -93.92%
29.2M
23.9M
23.31% 7.78%
-10.75
1.22
-21.86% -149.09%

Occidental Petroleum Corp News

Latest updates
Nasdaq • 8 hours ago
Zacks Investment Research • 24 Apr 2024 • 10:55 pm
Seeking Alpha • 23 Apr 2024 • 03:35 pm

Occidental Petroleum Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.7%7,5297,4006,7317,2588,3269,50110,7358,5338,0106,8156,0105,4793,3483,2832,9766,6547,1426,0434,4764,0894,802
  S&GA Expenses19.0%307258277241258247244196280240177166209166225264345245163140-
EBITDA Margin-4.0%0.46*0.48*0.51*0.55*0.57*0.57*0.54*0.49*0.46*0.39*0.18*-0.36*-0.47*-0.32*-0.14*0.20*0.30*----
Income Taxes-16.8%3614344674714739021,231-1,79346938743.0016.00-276-403-1,468-25.00167163306225126
Earnings Before Taxes-13.8%1,5591,8091,3271,7342,4003,6484,9863,0832,0301,217143315-1,425-4,058-8,184-2,038-869-574941856903
EBT Margin-9.1%0.22*0.24*0.29*0.36*0.38*0.37*0.33*0.22*0.14*0.01*-0.28*-0.89*-0.97*-0.76*-0.51*-0.10*0.02*----
Net Income-12.9%1,1981,3758601,2631,9272,7463,7554,8761,537828103-146-1,112-3,575-8,131-2,013-1,036-752635631706
Net Income Margin-11.1%0.16*0.18*0.21*0.27*0.36*0.35*0.32*0.25*0.09*-0.02*-0.26*-0.86*-0.91*-0.74*-0.52*-0.13*-0.02*----
Free Cashflow12.3%1,6951,5101,4241,4092,4553,1204,3572,3812,1552,4622,616331790606-15.0039.00-171----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.0%74,00871,82771,19971,60072,60972,14474,22174,22275,03675,75879,93779,35580,06484,43489,452101,643107,190125,44344,77044,38042,159
  Current Assets1.3%8,3758,2667,4548,1428,8868,74910,40810,0583,3879,89912,84410,0741,41910,6948,43714,1091,13020,9449,4259,2705,587
    Cash Equivalents133.4%1,4266114861,1659841,2331,3621,9092,8032,0594,5692,2702,1941,8961,0112,0213,5744,8401,7511,7523,033
  Inventory2.4%2,0221,9752,0212,3112,0591,9371,5641,4061,8461,7731,8372,1731,8981,6601,4771,4361,5811,6011,5821,4841,260
  Net PPE----------60,64461,84664,07365,88968,42172,60479,07382,23090,12132,11531,90031,437
  Current Liabilities2.3%9,1488,9417,4567,4407,7577,9359,7308,7001,9769,1269,5868,6311,54910,5009,91911,96378515,6977,8807,5374,879
  Long Term Debt-0.3%18,53618,59719,66919,64519,67020,47821,74325,8659,46430,91535,35235,4667,86035,89936,03436,0588,67347,58310,15510,20312,505
    LT Debt, Current------546459507186-6515594402,5582,4602,46451.0031.00116116116
    LT Debt, Non Current------20,47821,74325,86529,431-35,35235,46635,74535,89936,03436,05838,53747,58310,15510,20312,505
Shareholder's Equity3.2%30,25029,31229,11129,55930,08528,72027,83024,90720,32718,87318,24418,30018,57319,86023,34631,29534,23241,00521,34721,23621,330
  Retained Earnings4.6%19,62618,75817,76217,31816,49914,88812,4629,0324,4803,1522,5332,6392,9964,3178,10517,22920,18022,22723,84823,79523,750
  Additional Paid-In Capital0.6%17,42217,32617,21817,15917,18117,12916,91416,78516,74916,69216,63816,58516,55216,50516,23515,08114,95514,8678,1578,0838,046
Accumulated Depreciation----------56,54854,72055,20553,07552,03852,91944,38942,03746,80444,88943,91342,983
Shares Outstanding-100.0%-880885--909931937-1,083-----------
Minority Interest-99.00----------------4,925---
Float---51,700---53,000---29,200---17,000---45,000--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations3.5%3,239,0003,129,0003,070,0002,870,0003,975,0004,267,0005,329,0003,239,0003,092,0003,118,0003,314,000910,0001,404,000852,000360,0001,339,0002,009,0002,405,0002,013,000948,0002,500,000
Cashflow From Investing-33.6%-1,969,000-1,474,000-1,939,000-1,598,000-1,898,000-1,019,000-1,293,000-662,000-51,000-166,000-754,000-282,0001,579,000-292,000-576,000-1,530,000-1,301,000-25,023,000-1,288,000-1,415,000-1,506,000
Cashflow From Financing70.4%-455,000-1,539,000-1,816,000-1,080,000-2,330,000-3,370,000-4,586,000-3,429,000-2,532,000-5,424,000-262,000-354,000-2,863,000301,000-935,000-1,019,000-2,499,00026,232,000-726,000-814,000-915,000
  Dividend Payments-----321,000324,000323,000216,000209,000210,000209,000211,000211,0007,000714,000913,000858,000588,000587,000591,000594,000
  Buy Backs-56.9%187,000434,000445,000732,000632,0001,899,000532,00036,0008,000-3,000-3,0008,000-4,000----237,000340,000

OXY Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES AND OTHER INCOME   
Net sales$ 28,257$ 36,634$ 25,956
Interest, dividends and other income139153166
Gains on sales of assets and other, net522308192
Total28,91837,09526,314
COSTS AND OTHER DEDUCTIONS   
Oil and gas lease operating expense4,6774,0283,160
Transportation and gathering expense1,4811,4751,419
Chemical and midstream cost of sales3,1163,2732,772
Purchased commodities2,0093,2872,308
Selling, general and administrative1,083945863
Other operating and non-operating expense1,0841,2711,065
Taxes other than on income1,0871,5481,005
Depreciation, depletion and amortization6,8656,9268,447
Asset impairments and other charges2090304
Acquisition-related costs2689153
Exploration expense441216252
Interest and debt expense, net9451,0301,614
Total23,02324,08823,362
Income before income taxes and other items5,89513,0072,952
OTHER ITEMS   
Gains on interest rate swaps, net0317122
Income from equity investments and other534793631
Total5341,110753
Income from continuing operations before income taxes6,42914,1173,705
Income tax expense(1,733)(813)(915)
Income from continuing operations4,69613,3042,790
Loss from discontinued operations, net of tax00(468)
NET INCOME4,69613,3042,322
Less: Preferred stock dividends and redemption premiums(923)(800)(800)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 3,773$ 12,504$ 1,522
PER COMMON SHARE   
Income from continuing operations—basic (in dollars per share)$ 4.22$ 13.41$ 2.12
Loss from discontinued operations—basic (in dollars per share)00(0.50)
Net income attributable to common stockholders—basic (in dollars per share)4.2213.411.62
PER COMMON SHARE, DILUTED   
Income from continuing operations—diluted (in dollars per share)3.9012.402.06
Loss from discontinued operations—diluted (in dollars per share)00(0.48)
Net income attributable to common stockholders—diluted (in dollars per share)$ 3.90$ 12.40$ 1.58

OXY Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 1,426$ 984
Trade receivables, net of reserves of $29 in 2023 and $37 in 20223,1954,281
Inventories2,0222,059
Other current assets1,7321,562
Total current assets8,3758,886
INVESTMENTS IN UNCONSOLIDATED ENTITIES3,2243,176
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment126,811120,734
Accumulated depreciation, depletion and amortization(68,282)(62,350)
Total property, plant and equipment, net58,52958,384
OPERATING LEASE ASSETS1,130903
OTHER LONG-TERM ASSETS2,7501,260
TOTAL ASSETS74,00872,609
CURRENT LIABILITIES  
Current maturities of long-term debt[1]1,202165
Current operating lease liabilities446273
Accounts payable3,6464,029
Accrued liabilities3,8543,290
Total current liabilities9,1487,757
LONG-TERM DEBT, NET  
Long-term debt, net[2]18,53619,670
DEFERRED CREDITS AND OTHER LIABILITIES  
Deferred income taxes, net5,7645,512
Asset retirement obligations3,8823,636
Pension and postretirement obligations9311,055
Environmental remediation liabilities889905
Operating lease liabilities727657
Other3,7823,332
Total deferred credits and other liabilities15,97515,097
EQUITY  
Preferred stock, at $1.00 per share par value (84,897 shares as of December 31, 2023 and 100,000 as of December 31, 2022)8,2879,762
Common stock, $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2023 — 1,107,516,500 and 2022 — 1,098,512,626222220
Treasury stock: 2023 — 228,053,397 shares and 2022 — 198,653,682 shares(15,582)(13,772)
Additional paid-in capital17,42217,181
Retained earnings19,62616,499
Accumulated other comprehensive income275195
Total stockholders’ equity30,25030,085
Non-controlling interest990
Total equity30,34930,085
TOTAL LIABILITIES AND EQUITY74,00872,609
Operating segments | Oil and gas  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment109,214104,487
TOTAL ASSETS53,78654,058
Operating segments | Chemical  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment8,2797,808
Operating segments | Midstream and marketing  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment8,2797,550
Corporate  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment$ 1,039$ 889
[1]Included $146 million and $143 million of current finance lease liabilities as of December 31, 2023 and 2022, respectively.
[2]Included $591 million and $546 million of finance lease liabilities as of December 31, 2023 and 2022, respectively.
OXY
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, North Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
 CEO
 WEBSITEoxy.com
 INDUSTRYOil - E&P
 EMPLOYEES11973

Occidental Petroleum Corp Frequently Asked Questions


What is the ticker symbol for Occidental Petroleum Corp? What does OXY stand for in stocks?

OXY is the stock ticker symbol of Occidental Petroleum Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Occidental Petroleum Corp (OXY)?

As of Thu Apr 25 2024, market cap of Occidental Petroleum Corp is 59.68 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OXY stock?

You can check OXY's fair value in chart for subscribers.

What is the fair value of OXY stock?

You can check OXY's fair value in chart for subscribers. The fair value of Occidental Petroleum Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Occidental Petroleum Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OXY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Occidental Petroleum Corp a good stock to buy?

The fair value guage provides a quick view whether OXY is over valued or under valued. Whether Occidental Petroleum Corp is cheap or expensive depends on the assumptions which impact Occidental Petroleum Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OXY.

What is Occidental Petroleum Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, OXY's PE ratio (Price to Earnings) is 12.71 and Price to Sales (PS) ratio is 2.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OXY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Occidental Petroleum Corp's stock?

In the past 10 years, Occidental Petroleum Corp has provided -0.031 (multiply by 100 for percentage) rate of return.