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

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Operating Margin

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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

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Anadarko acquisition-related costs

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Interest and debt expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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

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Earnings data Q1 2023

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Earnings data Q1 2024

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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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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 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?

Chevron

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

Marathon Oil

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

Devon Energy

Exxon Mobil

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

Apple

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

All Signs Point to Warren Buffett Buying His Favorite Stock Again

Investors bought ahead of tomorrow's OPEC+ meeting, as estimates of production cuts rose even further than the number reported over the weekend.

Why Oil and Gas Stocks Rose Again Today

Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Occidental (OXY) is Poised to Beat Earnings Estimates Again

Scorpio Tankers

The oil and energy industry has been by far the best performer in 2022 in light of the Russian invasion

3 oil stocks that have seen over 100% rise in 2022

Kinder Morgan

Cheniere Energy

Here are four oil and gas stocks for your October 2022 list.

Best Stocks To Buy Right Now? 4 Oil And Gas Stocks To Watch

There's no guarantee these Buffett stocks will take off. But the chances appear to be pretty good.

3 Warren Buffett Stocks Most Likely to Soar in Q4

Western Gas Partners

HOUSTON--(BUSINESS WIRE)--Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) today announced that it executed a letter of intent (“LOI”) with a subsidiary of Occidental Petroleum Corporation (NYSE: OXY) (“Oxy”), with the objective of pursuing opportunities to produce and deliver low-carbon intensity oil and gas products to market through the development of carbon dioxide (“CO2”) capture, transportation, utilization and sequestration opportunities in and around their existin

Western Midstream and Occidental Sign Letter of Intent to Explore Carbon Capture, Transportation, Sequestration, and Utilization Opportunities

OPEC+ will consider a big oil production cut at its upcoming meeting.

Why Chevron, Occidental Petroleum, and Devon Energy Rocketed Higher Today

Albemarle

MP Materials

Newmont Mining

Nucor

Vulcan Materials

United States Steel

Headline inflation numbers continue to run near their highest levels in 40 years. The Federal Reserve hiked interest rates by 75 more basis points in September.

7 Stocks to Sell Amid a Commodity Crash

Costco

Freeport-McMoRan

PepsiCo

In general, when markets trend lower, it makes sense to invest in blue-chip stocks. They tend to have a low beta and also provide regular cash flows through dividends.

4 Blue-Chip Stocks to Sell in October

ConocoPhillips

Hess

Cactus

From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will make the most of the favorable business scenario.

4 Integrated US Stocks to Gain as Oil Price Remains High

Marathon Petroleum

Energy companies like Occidental Petroleum (OXY), Marathon Petroleum (MPC) and Hess Corporation (HESS) have seen solid gains in 2022.

Oil Reclaims $80 After EIA Reports Supply Draw on All Fronts

On Wednesday afternoon post market close, Warren Buffett's Berkshire Hathaway in a Form 4 filing with the SEC disclosed the purchase of another ~6 million shares in Occidental Petroleum (US:OXY) from Monday to Wednesday.

Buffett's Berkshire Gobbles a Further 6 Million OXY Shares, See What Else The Fund Traded Recently!

Berkshire Hathaway, which received regulatory approval in August to buy up to 50% of Occidental's Petroleum's common stock, owns a total of about 194.4 million shares.

Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum

Warren Buffett's Berkshire Hathaway has been buying Occidental Petroleum stock all year long. He has bought it at relative highs as well as lows.

News for Occidental Petroleum Stock (OXY)