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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

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Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

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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.

Occidental Petroleum's (OXY) first-quarter earnings are likely to have benefited from strong domestic production volumes and from a recovery in commodity prices.

Strong Production to Aid Occidental's (OXY) Q1 Earnings

In total, the new shares cost about $336 million, boosting the Buffet-led firm's holding to 142.3 million shares worth about $8.8 billion.

Warren Buffett's Berkshire Hathaway boosts Occidental Petroleum holdings to $8.8 billion, lifting stake in oil giant to 15.2%

OXY stock is in the spotlight after Warren Buffett's Berkshire Hathaway disclosed purchasing 5.9 million shares worth $350 million. The post Warren Buffett Bought More Occidental Petroleum (OXY) Stock.

Warren Buffett Bought More Occidental Petroleum (OXY) Stock. Here's Why.

Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) bought more shares of Occidental Petroleum (NYSE: OXY) stock this week. In total, Berkshire.

Buffett loads more of Oxy stock increasing his stake in energy company to 14%

Warren Buffett's Berkshire Hathaway Inc has bought another 5.9 million shares of Occidental Petroleum Corp, boosting its stake in the oil company to about 15.2%.

Berkshire buys more Occidental shares, boosts stake to 15.2%

Warren Buffett's Berkshire Hathaway stocked up on oil shares this week, adding to the company's holdings of Occidental Petroleum.

Buffett's Berkshire buys more Occidental shares

Apple

American Express

Bank of America

Chevron

Fidelity MSCI Information Technology Index ETF

iShares US Financial Services ETF

JPMorgan Chase & Co

Invesco KBW Bank ETF

Vanguard Energy ETF

Technology Select Sector SPDR Fund

Here, we highlight a few ETF areas that have received the spotlight since Buffett's in-person annual meeting on Apr 30.

ETF Areas in the Spotlight Post Buffett's 2022 Meeting

EnLink Midstream

DALLAS , May 3, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the first quarter of 2022 and raised full-year 2022 guidance. Highlights Reported net income of $66.0 million, net cash provided by operating activities of $307.7 million, and adjusted EBITDA, net to EnLink, of $304.3 million for the first quarter of 2022, driven by robust producer activity and strong commodity prices.

EnLink Midstream Reports First Quarter 2022 Results and Increases 2022 Guidance

DALLAS , May 3, 2022 /PRNewswire/ -- EnLink Midstream Operating, LP (EnLink), a subsidiary of EnLink Midstream, LLC (NYSE: ENLC), and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental (NYSE: OXY), today announced they have executed a letter of intent for a Transportation Services Agreement (TSA). Under the terms, EnLink would provide CO2 transportation services for OLCV along the Mississippi River corridor from Waggaman to Baton Rouge in Louisiana.

EnLink Midstream and Oxy Low Carbon Ventures Sign Letter of Intent for Mississippi River CO2 Transportation Services Agreement

Enterprise Products Partners

The company continues to add fuel to its dividend growth engine.

This 7.3%-Yielding Dividend Stock's Growth Streak Seems Unstoppable

Chevron is now a top-three position for Berkshire, bigger than American Express and Coca-Cola.

Warren Buffett Just Made an Even Bigger Bet on Oil Prices

Berkshire Hathaway BRK.B, -2.55% was able to quickly buy a large stake in Occidental Petroleum Corp. OXY, -3.40% during the first quarter as the market has been "a casino" to an "extraordinary degree" over the past couple years, said Berkshire chief executive officer Warren Buffett at the conglomerate's annual meeting in Omaha on Saturday. He said Berkshire bought a 14% stake in about two weeks.

Warren Buffett: Berkshire quickly bought big stake in Occidental Petroleum in a 'casino' market

Mosaic

Even as stocks faced weaknesses due to uncertainty, notable names proved a darling to the investors. Occidental Petroleum Corporation (NYSE:OXY) and Mosaic Company (NYSE:MOS) are some of those stocks.

What next as top S&P gainers Occidental and Mosaic Co. hit resistance?

Bristol-Myers

Kroger

They aren't the most exciting stocks out there, but these long-term winners have what they need to keep climbing.

3 Soaring Warren Buffett Stocks You Can Buy for $76 or Less

HOUSTON--(BUSINESS WIRE)--Enterprise Products Operating LLC (“Enterprise”), a subsidiary of Enterprise Products Partners L.P. (NYSE: EPD), and Oxy Low Carbon Ventures, LLC (“OLCV”), a subsidiary of Occidental (NYSE: OXY), today announced they have executed a letter of intent to work toward a potential carbon dioxide (“CO2”) transportation and sequestration solution for the Texas Gulf Coast. The joint project would initially be focused on providing services to emitters in the industrial corridor

Enterprise and Oxy Low Carbon Ventures Sign Letter of Intent for Gulf Coast CO2 Transportation and Sequestration Project

Occidental (OXY) possesses solid growth attributes, which could help it handily outperform the market.

Looking for a Growth Stock? 3 Reasons Why Occidental (OXY) is a Solid Choice

Halliburton

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Schlumberger

Exxon Mobil

Oil stocks are sliding after China implemented Covid-19 lockdowns in parts of its capital city of Beijing. The post Oil Stocks Alert: Why Are XOM, CVX, MRO, OXY Stocks Down Today?

Oil Stocks Alert: Why Are XOM, CVX, MRO, OXY Stocks Down Today?

To outbid Chevron for Anadarko CEO Hollub essentially bet the company which almost went bankrupt when the oil price collapsed; OXY recovered brilliantly as oil recovered. OXY may have overpaid, but if the price of oil holds up for a few years it will pay back debt, repurchase shares, and own Anadarko's shale assets for free.

Occidental Can Keep Rising: It Just Won A Huge Bet And May Be Cheaper At $60 Than It Was At $10

Top proxy adviser Institutional Shareholder Services recommended Occidental Petroleum Corp investors vote in favor of a shareholder proposal calling for the energy company to set and publish emissions reductions targets.

ISS backs call for emissions reductions targets at Occidental Petroleum

Occidental (OXY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Occidental Petroleum Corporation (OXY) Soars to 52-Week High, Time to Cash Out?

After fighting to survive 2020, Occidental Petroleum ended 2021 with prospects for immense shareholder returns on the horizon. Whilst their share price has doubled during recent months, instead of heading for the exits, it still seems more reasonable to keep buying.

Occidental Petroleum: Keep Buying, 2022 Offers Essentially Everything You Could Want

Occidental Petroleum is an energy company whose profits grow as the price of oil rises. Energy prices are a leading driver of inflation this year.

Occidental Petroleum - Make Inflation Your Friend

General Motors

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Some stocks Warren Buffett owns are screaming buys right now.

3 No-Brainer Warren Buffett Stocks to Buy This Month

Continental Resources

D.R. Horton

Lennar

Depending on your age, the bull market in stocks started in 1982, with stocks trading at six-times earnings and the U.S. Treasury Bonds paying 15% interest, or in 2009 at the bottom of the financial crisis. Either way, the combination of the Federal Reserve Board's liquidity and the popularity/stock market domination of technology stocks have entered us into what we will call “The Twilight Zone.

The Twilight Zone

EOG Resources

Pioneer Natural Resources

It's deja-vu for some investors as energy company earnings soar on rising crude prices. Here's where to invest.

News for Occidental Petroleum Stock (OXY)