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Occidental Petroleum Corp Stock Research

OXY

58.40USD-0.28(-0.48%)Market Closed

Market Summary

USD58.40-0.28
Market Closed
-0.48%

OXY Alerts

OXY Stock Price

OXY RSI Chart

OXY Valuation

Market Cap

60.4B

Price/Earnings (Trailing)

4.68

Price/Sales (Trailing)

1.64

EV/EBITDA

2.84

Price/Free Cashflow

5.03

OXY Price/Sales (Trailing)

OXY Profitability

EBT Margin

38.06%

Return on Equity

44.22%

Return on Assets

18.32%

Free Cashflow Yield

19.87%

OXY Fundamentals

OXY Revenue

Revenue (TTM)

37.1B

Revenue Y/Y

3.95%

Revenue Q/Q

-12.37%

OXY Earnings

Earnings (TTM)

13.3B

Earnings Y/Y

25.37%

Earnings Q/Q

-29.83%

Price Action

52 Week Range

51.2276.82
(Low)(High)

Last 7 days

-1.1%

Last 30 days

-2.4%

Last 90 days

-8.7%

Trailing 12 Months

-1.8%

OXY Financial Health

Current Ratio

1.15

Debt/Equity

0.65

Debt/Cashflow

0.85

OXY Investor Care

Dividend Yield

0.89%

Dividend/Share (TTM)

0.52

Diluted EPS (TTM)

12.4

Peers (Alternatives to Occidental Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
EOG
60.9B
25.7B
 -12.32% -11.45%
7.85
2.37
 37.87% 66.36%
OXY
60.4B
37.1B
 -2.37% -1.82%
4.68
1.64
 40.97% 472.95%
DVN
49.8B
19.8B
 -12.80% -22.77%
9.45
2.71
 44.20% 113.83%
PXD
45.2B
24.4B
 -8.11% -23.73%
5.77
1.85
 36.45% 270.40%
FANG
22.8B
9.6B
 -5.39% -5.44%
5.21
2.37
 41.87% 101.01%
APA
14.4B
11.9B
 -10.98% -15.74%
4.67
1.31
 50.58% 232.96%
MID-CAP
OVV
8.6B
14.3B
 -18.62% -33.34%
2.35
0.6
 36.25% 156.85%
RRC
5.8B
5.3B
 4.25% -14.47%
4.92
1.09
 49.01% 187.38%
MTDR
5.3B
3.2B
 -22.72% -17.58%
4.39
1.67
 71.67% 107.57%
OAS
4.4B
3.6B
 -33.88% 7.97%
4.99
1.94
 130.82% 480.77%
KOS
3.0B
2.2B
 -12.02% 0.61%
13.26
1.34
 68.57% 391.06%
CRK
2.8B
3.6B
 -10.88% -10.09%
2.45
0.77
 96.03% 571.98%
CPE
1.9B
3.2B
 -13.57% -47.89%
1.55
0.58
 60.18% 231.32%
SMALL-CAP
PARR
1.7B
7.3B
 4.64% 131.86%
4.53
0.23
 55.45% 547.97%
LPI
805.4M
1.9B
 -8.19% -35.44%
1.28
0.42
 37.78% 335.50%

Financials for Occidental Petroleum

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.9%37,09536,77934,09329,36826,314
  S&GA Expenses-2.3%945967960893863
EBITDA1.1%21,04320,82018,56916,054-
EBITDA Margin0.2%0.57*0.57*0.54*0.55*-
Earnings Before Taxes2.7%14,11713,74711,3166,4733,705
EBT Margin1.8%0.38*0.37*0.33*0.22*-
Interest Expenses-1,685----
Net Income3.0%13,30412,91410,9967,3442,322
Net Income Margin2.1%0.36*0.35*0.32*0.25*-
Free Cahsflow2.5%12,31312,01311,3559,614-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.6%72,60972,14474,22174,22275,036
  Current Assets1.6%8,8868,74910,40810,05810,211
    Cash Equivalents-20.2%9841,2331,3621,9092,764
  Inventory6.3%2,0591,9371,5641,4061,846
  Current Liabilities-2.2%7,7577,9359,7308,7008,324
  Long Term Debt-33.2%19,67029,431---
    LT Debt, Current19.0%546459507186-
    LT Debt, Non Current-5.8%20,47821,74325,86529,431-
Shareholder's Equity4.8%30,08528,72027,83024,90720,327
  Retained Earnings10.8%16,49914,88812,4629,0324,480
  Additional Paid-In Capital0.3%17,18117,12916,91416,78516,749
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations5.5%16,81015,92714,77812,76310,434
Cashflow From Investing-61.1%-4,872-3,025-2,172-1,633-1,253
Cashflow From Financing1.5%-13,715-13,917-15,971-11,647-8,572
  Dividend Payments10.4%1,1841,072958844839
  Buy Backs25.2%3,0992,47557341.008.00

Risks for OXY

What is the probability of a big loss on OXY?

87.3%

Probability that Occidental Petroleum stock will be more than 20% underwater in next one year

63.5%

Probability that Occidental Petroleum stock will be more than 30% underwater in next one year.

41.1%

Probability that Occidental Petroleum stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OXY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Occidental Petroleum was unfortunately bought at previous high price.

Drawdowns

Returns for OXY

Cumulative Returns on OXY

0.8%

10-Year Cumulative Returns

1.0%

7-Year Cumulative Returns

0.5%

5-Year Cumulative Returns

82.7%

3-Year Cumulative Returns

What are the long-term rolling returns for OXY?

FIve years rolling returns for Occidental Petroleum.

Annualized Returns

Which funds bought or sold OXY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-4.63
-20,303
915,697
 0.03%
2023-03-10
MATHER GROUP, LLC.
added
9.73
91,155
823,155
 0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
3.99
1,339,040
21,658,000
 0.02%
2023-03-08
Capital Asset Advisory Services LLC
sold off
-100
-5,000
-
 -%
2023-03-08
Capital Asset Advisory Services LLC
reduced
-3.47
-5,202
486,798
 0.04%
2023-03-06
Rockefeller Capital Management L.P.
added
4.77
10,000
117,000
 -%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-6.58
-714,000
16,121,000
 0.08%
2023-03-06
Aldebaran Financial Inc.
reduced
-13.68
-60,185
337,815
 0.36%
2023-03-03
TIAA, FSB
sold off
-100
-233,000
-
 -%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
-464
536
 -%

1–10 of 44

Latest Funds Activity

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

OXY Alerts

Occidental Petroleum News

MarketWatch

EOG Resources Inc. stock underperforms Thursday when compared to competitors.

MarketWatch,
5 hours ago

MarketWatch

Devon Energy Corp. stock falls Thursday, underperforms market.

MarketWatch,
5 hours ago

Nasdaq

Occidental Petroleum (OXY) Stock Sinks As Market Gains: What You ....

Nasdaq,
5 hours ago

The Motley Fool

Got $500? 2 Warren Buffett Stocks to Buy Emphatically.

The Motley Fool,
6 hours ago

Investing.com UK

Fat Profits Of Exxon, Chevron & Co. To Get Fatter? Oil 'Big Winner ....

Investing.com UK,
12 hours ago

InvestorsObserver

Should You Buy Occidental Petroleum Corporation (OXY) Stock on Thursday?.

InvestorsObserver,
13 hours ago

Investor's Business Daily

Best Mutual Funds 2023: What Are These Funds Doing Right?.

Investor's Business Daily,
15 hours ago

Nasdaq

Notable ETF Inflow Detected - FTXN, PBF, OXY, DINO.

Nasdaq,
2 days ago

Nasdaq

Guru Fundamental Report for OXY - Peter Lynch.

Nasdaq,
2 days ago

TipRanks

Chevron Stock (NYSE:CVX): What Do Huge Buybacks Signal to ....

TipRanks,
3 days ago

The Motley Fool

Best Stock to Buy: ExxonMobil vs. Chevron vs. Occidental Petroleum ....

The Motley Fool,
3 days ago

Defense World

Teachers Retirement System of The State of Kentucky Takes $4.65 ....

Defense World,
4 days ago

Nasdaq

3 Dividend Stocks That Could Skyrocket Over the Next 5 Years.

Nasdaq,
5 days ago

MarketWatch

Pioneer Natural Resources Co. stock underperforms Friday when compared to competitors.

MarketWatch,
6 days ago

MarketWatch

Devon Energy Corp. stock falls Friday, still outperforms market.

MarketWatch,
6 days ago

Simply Wall St

Here's Why Occidental Petroleum (NYSE:OXY) Has Caught The Eye Of Investors.

Simply Wall St,
6 days ago

Schedule 13G FIlings of Occidental Petroleum

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Sep 09, 2022
berkshire hathaway inc
26.8%
272,225,308
SC 13G/A
May 06, 2022
berkshire hathaway inc
21.6%
220,231,848
SC 13G/A
Mar 11, 2022
blackrock inc.
6.4%
59,581,305
SC 13G/A
Mar 04, 2022
berkshire hathaway inc
11.2%
113,670,025
SC 13G
Mar 02, 2022
icahn carl c
1.43%
13,559,046
SC 13D/A

OXY Fair Value

Occidental Petroleum fair value in different scenarios

The table shows the Fair Value estimates for Occidental Petroleum for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

70.93

21.46%

97.32

66.64%

236.29

304.61%

320.81

449.33%

378.02

547.29%
Current Inflation

65.68

12.47%

88.58

51.68%

208.03

256.22%

280.53

380.36%

328.93

463.24%
Very High Inflation

59.10

1.20%

77.93

33.44%

174.81

199.33%

233.47

299.78%

271.90

365.58%

Historical Occidental Petroleum Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Occidental Petroleum

View All Filings
Date Filed Form Type Document
Mar 15, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Feb 27, 2023
10-K
Annual Report

Latest Insider Trading transactions for OXY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
BERKSHIRE HATHAWAY INC
bought
86,070,100
56.6996
1,518,000
-
2023-03-14
BERKSHIRE HATHAWAY INC
bought
194,458,000
60.3332
3,223,070
-
2023-03-13
BERKSHIRE HATHAWAY INC
bought
186,151,000
59.1726
3,145,900
-
2023-03-07
BERKSHIRE HATHAWAY INC
bought
107,424,000
61.0126
1,760,690
-
2023-03-06
BERKSHIRE HATHAWAY INC
bought
103,292,000
61.5558
1,678,020
-
2023-03-03
BERKSHIRE HATHAWAY INC
bought
143,798,000
60.8516
2,363,090
-
2023-03-01
Bennett Peter J.
acquired
-
-
17,418
vice president
2023-03-01
Jackson Richard A.
acquired
-
-
23,447
senior vice president
2023-03-01
Dillon Kenneth
acquired
-
-
23,447
senior vice president
2023-03-01
Hollub Vicki A.
acquired
-
-
75,365
president and ceo

1–10 of 50

About Occidental Petroleum

Vicki A. Hollub
www.oxy.com
11700
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, 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; 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.

OXY Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES AND OTHER INCOME   
Net sales$ 36,634$ 25,956$ 17,809
Interest, dividends and other income153166118
Gains (losses) on sale of assets, net308192(1,666)
Total37,09526,31416,261
COSTS AND OTHER DEDUCTIONS   
Oil and gas operating expense4,0283,1603,065
Transportation and gathering expense1,4751,4191,600
Chemical and midstream cost of sales3,2732,7722,408
Purchased commodities3,2872,3081,395
Selling, general and administrative945863864
Other operating and non-operating expense1,2711,065884
Taxes other than on income1,5481,005622
Depreciation, depletion and amortization6,9268,4478,097
Asset impairments and other charges030411,083
Anadarko Acquisition-related costs89153339
Exploration expense216252132
Interest and debt expense, net1,0301,6141,424
Total24,08823,36231,913
Income (loss) before income taxes and other items13,0072,952(15,652)
OTHER ITEMS   
Gains (losses) on interest rate swaps and warrants, net317122(423)
Income from equity investments793631370
Total1,110753(53)
Income (loss) from continuing operations before income taxes14,1173,705(15,705)
Income tax benefit (expense)(813)(915)2,172
Income (loss) from continuing operations13,3042,790(13,533)
Loss from discontinued operations, net of tax0(468)(1,298)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS13,3042,322(14,831)
Less: Preferred stock dividends(800)(800)(844)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 12,504$ 1,522$ (15,675)
PER COMMON SHARE, BASIC   
Income (loss) from continuing operations—basic (in dollars per share)$ 13.41$ 2.12$ (15.65)
Loss from discontinued operations—basic (in dollars per share)0(0.50)(1.41)
Net income (loss) attributable to common stockholders—basic (in dollars per share)13.411.62(17.06)
PER COMMON SHARE, DILUTED   
Income (loss) from continuing operations—diluted (in dollars per share)12.402.06(15.65)
Loss from discontinued operations—diluted (in dollars per share)0(0.48)(1.41)
Net income (loss) attributable to common stockholders—diluted (in dollars per share)$ 12.40$ 1.58$ (17.06)

OXY Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS  
Cash and cash equivalents$ 984$ 2,764
Trade receivables, net of reserves of $37 in 2022 and $35 in 20214,2814,208
Inventories2,0591,846
Other current assets1,5621,393
Total current assets8,88610,211
INVESTMENTS IN UNCONSOLIDATED ENTITIES3,1762,938
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT120,734118,157
Accumulated depreciation, depletion and amortization(62,350)(58,227)
Total property, plant and equipment, net58,38459,930
OPERATING LEASE ASSETS903726
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET1,2601,231
TOTAL ASSETS72,60975,036
CURRENT LIABILITIES  
Current maturities of long-term debt[1]165186
Current operating lease liabilities273186
Accounts payable4,0293,899
Accrued liabilities3,2904,053
Total current liabilities7,7578,324
Long-term debt, net[2]19,67029,431
DEFERRED CREDITS AND OTHER LIABILITIES  
Deferred income taxes, net5,5127,039
Asset retirement obligations3,6363,687
Pension and postretirement obligations1,0551,540
Environmental remediation liabilities905944
Operating lease liabilities657585
Other3,3323,159
Total deferred credits and other liabilities15,09716,954
EQUITY  
Preferred stock, at $1.00 per share par value (100,000 shares as of December 31, 2022 and 2021)9,7629,762
Common stock, $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2022 — 1,098,512,626 and 2021 — 1,083,423,094220217
Treasury stock: 2022 — 198,653,682 shares and 2021 — 149,348,394 shares(13,772)(10,673)
Additional paid-in capital17,18116,749
Retained earnings16,4994,480
Accumulated other comprehensive income (loss)195(208)
Total stockholders’ equity30,08520,327
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY72,60975,036
Operating segments | Oil and gas  
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT104,487101,251
TOTAL ASSETS54,05856,132
Operating segments | Chemical  
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT7,8087,571
Operating segments | Midstream and marketing  
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT7,5508,371
Corporate  
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT$ 889$ 964
[1]Included $143 million and $85 million of current finance lease liabilities as of December 31, 2022 and 2021, respectively.
[2]Included $546 million and $504 million of finance lease liabilities as of December 31, 2022 and 2021, respectively.