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Occidental Petroleum Corp Stock Research

OXY

65.60USD+2.45(+3.88%)Market Closed
Watchlist

Market Summary

USD65.60+2.45
Market Closed
3.88%

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

35.64%

Return on Equity

32.79%

Return on Assets

13.53%

Free Cashflow Yield

19.87%

OXY Fundamentals

OXY Revenue

Revenue (TTM)

31.8B

Revenue Y/Y

-37.3%

Revenue Q/Q

-7.26%

OXY Earnings

Earnings (TTM)

6.8B

Earnings Y/Y

-77.1%

Earnings Q/Q

-31.91%

Price Action

52 Week Range

55.5175.73
(Low)(High)

Last 7 days

2.1%

Last 30 days

5.4%

Last 90 days

12.1%

Trailing 12 Months

12.6%

OXY Financial Health

Current Ratio

1.09

Debt/Equity

0.66

Debt/Cashflow

0.84

OXY Investor Care

Dividend Yield

0.95%

Dividend/Share (TTM)

0.62

Diluted EPS (TTM)

5.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for OXY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-28
BERKSHIRE HATHAWAY INC
bought
14,869,000
57.02
260,769
-
2023-06-27
BERKSHIRE HATHAWAY INC
bought
70,843,200
57.1694
1,239,180
-
2023-06-26
BERKSHIRE HATHAWAY INC
bought
36,392,300
57.0143
638,301
-
2023-05-30
BERKSHIRE HATHAWAY INC
bought
128,485,000
58.3026
2,203,750
-
2023-05-26
BERKSHIRE HATHAWAY INC
bought
88,299,800
58.8545
1,500,310
-
2023-05-25
BERKSHIRE HATHAWAY INC
bought
56,211,900
58.753
956,750
-
2023-05-18
BERKSHIRE HATHAWAY INC
bought
70,780,100
58.1144
1,217,940
-
2023-05-17
BERKSHIRE HATHAWAY INC
bought
36,018,200
58.6597
614,020
-
2023-05-16
BERKSHIRE HATHAWAY INC
bought
94,623,000
58.2203
1,625,260
-
2023-05-15
BERKSHIRE HATHAWAY INC
bought
58,080,800
58.4611
993,494
-

1–10 of 50

Which funds bought or sold OXY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
M Holdings Securities, Inc.
sold off
-100
-869,000
-
-%
2023-09-26
BROOKFIELD Corp /ON/
sold off
-100
-249,408
-
-%
2023-09-21
Jefferies Group LLC
reduced
-9.28
-377,389
6,721,830
0.06%
2023-09-21
Halpern Financial, Inc.
unchanged
-
-2,414
39,102
0.01%
2023-09-21
Baystate Wealth Management LLC
unchanged
-
-33.00
336
-%
2023-09-21
Baystate Wealth Management LLC
reduced
-60.00
-254
118
-%
2023-09-20
BARCLAYS PLC
unchanged
-
-130,000
1,327,000
-%
2023-09-20
BARCLAYS PLC
added
128
48,264,000
90,222,000
0.06%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-243
2,463
-%
2023-09-12
Prosperity Wealth Management, Inc.
added
7,965
1,207,420
1,223,510
0.79%

1–10 of 45

Latest Funds Activity

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

Schedule 13G FIlings of Occidental Petroleum

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
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

Recent SEC filings of Occidental Petroleum

View All Filings
Date Filed Form Type Document
Sep 14, 2023
SC 13D/A
13D - Major Acquisition
Sep 14, 2023
4
Insider Trading
Sep 14, 2023
4
Insider Trading
Aug 09, 2023
8-K
Current Report
Aug 02, 2023
8-K
Current Report
Aug 02, 2023
10-Q
Quarterly Report
Jul 07, 2023
SC 13G/A
Major Ownership Report
Jun 28, 2023
4
Insider Trading
Jun 27, 2023
11-K
Employee Benefit Details
Jun 20, 2023
SC 13D
13D - Major Acquisition

Peers (Alternatives to Occidental Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
8.8B
-1.21% 30.46%
-
-
-19.24% -60.57%
75.3B
25.9B
1.88% 23.83%
8.65
2.9
16.80% 52.54%
60.4B
31.8B
5.40% 12.63%
4.68
1.64
-6.68% -38.20%
54.8B
20.3B
-0.99% 13.21%
9.46
2.69
-14.26% -6.45%
28.2B
8.3B
4.35% 40.44%
8.07
3.39
-8.75% -9.74%
-
16.8B
-3.42% -9.56%
-
-
-8.28% -9.23%
MID-CAP
13.4B
13.4B
4.53% 18.25%
4.01
1
15.65% 37.73%
7.7B
4.5B
1.74% 35.63%
4.52
1.73
15.35% 216.30%
7.3B
2.8B
0.28% 34.26%
7.81
2.63
1.90% -11.66%
3.8B
1.6B
14.05% 68.38%
17.57
2.31
-20.41% 13.75%
3.0B
2.9B
-8.10% -31.94%
3.11
1.04
9.57% 185.64%
2.5B
2.7B
5.67% 24.91%
2.63
0.92
12.93% 24.18%
-
4.0B
- -
-
-
72.02% 99.37%
SMALL-CAP
2.1B
7.3B
-1.06% 135.91%
3.45
0.29
21.02% 508.09%
805.4M
1.5B
-8.19% -35.44%
1.28
0.42
-22.98% 63.46%

Occidental Petroleum News

InvestorPlace
Untapped Potential: 3 Undervalued Oil Stocks to Grab While You Can.
InvestorPlace,
5 hours ago
Kiplinger's Personal Finance
Investor's Business Daily
StreetInsider.com
Form 424B2 TORONTO DOMINION BANK.
StreetInsider.com,
9 hours ago
Clayton County Register

Returns for OXY

Cumulative Returns on OXY

0.0%


10-Year Cumulative Returns

1.7%


7-Year Cumulative Returns

-2.0%


5-Year Cumulative Returns

86.7%


3-Year Cumulative Returns

Risks for OXY

What is the probability of a big loss on OXY?

97.7%


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

Financials for Occidental Petroleum

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-11.2%31,81635,82037,09536,77934,09329,36826,31421,65218,12015,08616,26120,05522,81524,31521,75019,41019,54319,19818,93417,72014,649
  S&GA Expenses3.3%1,0239909459679608938637927187668641,0001,0791,017893731606560585--
EBITDA-100.0%-19,77221,04320,82018,56916,05413,837---3,849-6,087-5,646-2,3105,7277,2387,2959,7049,7519,9689,2966,904
EBITDA Margin-100.0%-0.55*0.57*0.57*0.54*0.55*0.53*---0.26*-0.37*-0.28*-0.10*0.24*0.33*0.38*0.50*0.51*0.53*0.52*0.47*
Earnings Before Taxes-28.7%9,10912,76814,11713,74711,3166,4733,705250-5,025-13,352-15,705-15,149-11,665-2,5403542,0555,2085,3395,6084,9782,614
EBT Margin-100.0%-0.36*0.38*0.37*0.33*0.22*0.14*0.01*-0.28*-0.89*-0.97*-0.77*-0.53*-0.11*0.01*0.11*0.27*0.28*0.30*0.28*-
Net Income-29.9%6,7969,69113,30412,91410,9967,3442,322-327-4,730-12,964-14,831-14,755-11,932-3,166-5221,2203,8414,0544,1313,9222,243
Net Income Margin-100.0%-0.27*0.36*0.35*0.32*0.25*0.09*-0.02*-0.26*-0.87*-0.91*-0.78*-0.57*-0.16*-0.05*0.06*0.20*0.21*0.22*0.22*-
Free Cashflow-100.0%-11,34112,31312,01311,3559,6147,5646,1994,3431,7051,4204685531,3771,0202,3452,7392,4062,6941,657-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.6%71,19971,60072,60972,14474,22174,22275,03675,75879,93779,35580,06484,43489,452101,643107,190125,44344,77044,38042,15944,95744,067
  Current Assets-8.5%7,4548,1428,8868,74910,40810,05810,2119,89912,84410,0748,81910,6948,43714,10914,63320,9449,4259,2709,93211,11210,990
    Cash Equivalents-58.3%4861,1659841,2331,3621,9092,8032,0594,5692,2702,1941,8961,0112,0213,5744,8401,7511,7523,0332,9541,362
  Inventory-12.5%2,0212,3112,0591,9371,5641,4061,8461,7731,8372,1731,8981,6601,4771,4361,5811,6011,5821,4841,2601,0091,347
  Net PPE--------60,64461,84664,07365,88968,42172,60479,07382,23090,12132,11531,90031,43731,15530,432
  Current Liabilities0.2%7,4567,4407,7577,9359,7308,7008,3249,1269,5868,6318,22310,5009,91911,96312,70515,6977,8807,5377,4128,3728,078
  Long Term Debt0.1%19,66919,64519,670---29,43130,915--35,745----------
    LT Debt, Current----546459507186-6515594402,5582,4602,46451.0031.00116116116116-
    LT Debt, Non Current----20,47821,74325,86529,431-35,35235,46635,74535,89936,03436,05838,53747,58310,15510,20310,20110,19810,312
Shareholder's Equity-1.5%29,11129,55930,08528,72027,83024,90720,32718,87318,24418,30018,57319,86023,34631,29534,23241,00521,34721,23621,33021,48820,931
  Retained Earnings2.6%17,76217,31816,49914,88812,4629,0324,4803,1522,5332,6392,9964,3178,10517,22920,18022,22723,84823,79523,75023,63522,361
  Additional Paid-In Capital0.3%17,21817,15917,18117,12916,91416,78516,74916,69216,63816,58516,55216,50516,23515,08114,95514,8678,1578,0838,0467,9917,967
Accumulated Depreciation--------56,54854,72055,20553,07552,03852,91944,38942,03746,80444,88943,91342,98341,82540,782
Shares Outstanding--------1,0831,0831,0831,0811,0801,0671,0481,0441,044897896895895894
Minority Interest----------------4,925---4.00-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-13.7%14,18216,44116,81015,92714,77812,76310,4348,7466,4803,5263,9554,5606,1137,7667,3757,8667,8657,6087,6696,5905,272
Cashflow From Investing-11.1%-6,454-5,808-4,872-3,025-2,172-1,633-1,253377251429-819-3,699-28,430-29,142-29,027-29,232-3,623-3,650-3,206-2,653-4,154
Cashflow From Financing24.4%-8,596-11,366-13,715-13,917-15,971-11,647-8,572-8,903-3,178-3,851-4,516-4,15221,77921,98822,19323,777-3,853-3,812-3,102-2,789-1,974
  Dividend Payments---1,1841,0729588448398416381,1431,8452,4923,0732,9462,6242,3602,3672,3732,3742,3722,363
  Buy Backs-2.3%3,7083,7953,0992,47557341.008.008.0011.0015.0012.004.004.00-2375771,3881,4851,248921116

OXY Income Statement

2023-06-30
Consolidated Condensed Statements of Operations - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES AND OTHER INCOME    
Net sales$ 6,702$ 10,676$ 13,927$ 19,025
Interest, dividends and other income28365785
Gains on sales of assets, net1235158
Total6,73110,73513,98919,268
COSTS AND OTHER DEDUCTIONS    
Oil and gas operating expense1,1301,0052,2111,869
Transportation and gathering expense375364759711
Chemical and midstream cost of sales7918351,5361,653
Purchased commodities4901,0319881,842
Selling, general and administrative expenses277244518440
Other operating and non-operating expense10291318590
Taxes other than on income266426572761
Depreciation, depletion and amortization1,7091,7283,4303,371
Asset impairments and other charges20902090
Anadarko acquisition-related costs013078
Exploration expense1022620451
Interest and debt expense, net230114468485
Total5,5896,07711,21311,851
Income before income taxes and other items1,1424,6582,7767,417
OTHER ITEMS    
Gains on interest rate swaps, net01270262
Income from equity investments and other185201285390
Total185328285652
Income before income taxes1,3274,9863,0618,069
Income tax benefit (expense)(467)(1,231)(938)562
NET INCOME8603,7552,1238,631
Less: Preferred stock dividends and redemption premiums(255)(200)(535)(400)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 605$ 3,555$ 1,588$ 8,231
PER COMMON SHARE    
Net income attributable to common stockholders—basic (in dollars per share)$ 0.68$ 3.76$ 1.76$ 8.71
Net income attributable to common stockholders per share—diluted (in dollars per share)$ 0.63$ 3.47$ 1.63$ 8.11

OXY Balance Sheet

2023-06-30
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 486$ 984
Trade receivables, net of reserves of $24 in 2023 and $37 in 20222,8504,281
Inventories2,0212,059
Other current assets2,0971,562
Total current assets7,4548,886
INVESTMENTS IN UNCONSOLIDATED ENTITIES3,4313,176
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment123,891120,734
Accumulated depreciation, depletion and amortization(65,550)(62,350)
Net property, plant and equipment58,34158,384
OPERATING LEASE ASSETS827903
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET1,1461,260
TOTAL ASSETS71,19972,609
CURRENT LIABILITIES  
Current maturities of long-term debt[1]158165
Preferred stock redemption payable3040
Current operating lease liabilities284273
Accounts payable3,5574,029
Accrued liabilities3,1533,290
Total current liabilities7,4567,757
LONG-TERM DEBT, NET  
Long-term debt, net[2]19,66919,670
DEFERRED CREDITS AND OTHER LIABILITIES  
Deferred income taxes, net5,6055,512
Asset retirement obligations3,6673,636
Pension and postretirement obligations9781,055
Environmental remediation liabilities867905
Operating lease liabilities576657
Other3,2703,332
Total deferred credits and other liabilities14,96315,097
STOCKHOLDERS' EQUITY  
Preferred stock, at $1.00 per share par value: 2023 — 88,312 shares and 2022 —100,000 shares[3]8,6219,762
Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2023 — 1,103,080,267 shares and 2022 — 1,098,512,626 shares221220
Treasury stock: 2023 — 218,398,379 shares and 2022 — 198,653,682 shares(14,958)(13,772)
Additional paid-in capital17,21817,181
Retained earnings17,76216,499
Accumulated other comprehensive income247195
Total stockholders' equity29,11130,085
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY71,19972,609
Corporate  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment921889
Oil and gas | Operating segments  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment107,190104,487
Chemical | Operating segments  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment7,9467,808
Midstream and marketing | Operating segments  
PROPERTY, PLANT AND EQUIPMENT  
Gross property, plant and equipment$ 7,834$ 7,550
[1]Included $158 million and $143 million of current finance lease liabilities as of June 30, 2023 and December 31, 2022, respectively.
[2]Included $587 million and $546 million of finance lease liabilities as of June 30, 2023 and December 31, 2022, respectively.
[3]Reduced for obligated redemptions. See Note 9 - Earnings Per Share and Stockholders' Equity in the notes to the Consolidated Condensed Financial Statements in Part I, Item 1 of this Form 10-Q.
Vicki A. Hollub
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.