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

Current liabilities

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

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

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 Corp posted a larger-than-expected loss of $731 million on Monday on an asset sale in the Permian Basin.

Occidental Petroleum posts loss on asset sale

Shares of Occidental Petroleum (NYSE:OXY) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 160.00% year over year to ($0.78), which missed the estimate of ($0.59).

Recap: Occidental Petroleum Q4 Earnings

HOUSTON, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its fourth quarter and full-year 2020 financial results. The announcement and financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov.

Occidental Announces 4th Quarter and Full-Year 2020 Results

Dell Technologies

Palo Alto Networks

High-profile hedge fund managers made big bets on these winning stocks last quarter.

The Smartest Billionaires on Wall Street Are Buying Up These 3 Stocks

Air Lease

Home Depot

Macy's

Nearly 150 U.S.-listed companies are expected to report quarterly results Monday. We've already looked at three expected to report before the opening bell.

Earnings Previews: Air Lease, Occidental, Home Depot, Macy's, Palo Alto Networks

On Monday, February 22, Occidental Petroleum (NYSE:OXY) will release its latest earnings report. Benzinga's outlook for Occidental Petroleum is included in the following report.

Earnings Preview: Occidental Petroleum

Amazon

Micron Technology

PG&E

AT&T

Energy Select Sector SPDR Fund

David Tepper (Trades, Portfolio), founder of Appaloosa Management, disclosed this week that his firm's top six trades during the fourth quarter of 2020 included position reductions in PG&E Corp. (NYSE:PCG) and Micron Technology Inc. (NASDAQ:MU), the closure of its AT&T Inc. (NYSE:T) holding, new holdings in Occidental Petroleum Corp. (NYSE:OXY) and the Energy Select Sector SPDR Fund (XLE) and a position boost in Amazon.com Inc. (NASDAQ:AMZN).

David Tepper's Top 6 Trades of the 4th Quarter

Chevron

United States Oil Fund LP

Exxon Mobil

Frigid temperatures knocked out electricity across Texas and resulted in one of the largest U.S. oil production disruptions ever.

Texas storms cause epic drop in U.S. oil production

CNX Resources

Comstock Resources

Range Resources

SilverBow Resources

The unprecedented weather has forced the temporary closure of refineries including Royal Dutch Shell's (RDS.A) Deer Park and ExxonMobil's (XOM) Baytown and Beaumont.

Oil & Natural Gas Prices Soar on Sustained Winter Blast

Occidental Petroleum (NYSE:OXY) unveils its next round of earnings this Tuesday, February 16. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Occidental Petroleum Earnings Preview

SolarEdge Technologies

Shopify

Ammo

Even though U.S. markets are closed Monday for the Presidents Day observance, more than 400 U.S.

Earnings Previews: Ammo, Occidental, SolarEdge, Shopify

Occidental's (OXY) fourth-quarter results are likely to reflect the positive impact of production from Permian Resources assets and lower capital servicing costs owing to reduction of debt.

What's in Store for Occidental Petroleum (OXY) Q4 Earnings?

Occidental Petroleum is, in our view, the next big cash flow giant. The company is a cash flow machine with oil at $60/barrel. We expect Occidental Petroleum will be able to comfortably cover or rollover debt while investing in the business.

Occidental Petroleum Is The Next Big Cash Flow Giant

APA Corporation

Diamondback Energy

Hess

Marathon Oil

Five of the top six stocks on the S&P 500 on Monday were oil producers - Marathon Oil (MRO), Occidental Petroleum (OXY), Apache (APA), Diamondback Energy (FANG) and Hess (HES).

Energy Names Take Off as Oil Returns to Pre-Pandemic Levels

ConocoPhillips

Centennial Resource Development

Kosmos Energy

The big number for exploration and production names is 60. Here's why it matters.

Why Oil Drillers Like Occidental, ConocoPhillips, Kosmos, and Centennial Rallied Today

Energy stocks traded broadly higher Monday, as the rally in crude oil prices toward a 13-month high helped fuel investor interest in the sector. The SPDR Energy Select Sector ETF ran up 4.1%, and was the biggest gainer among the SPDR ETFs tracking the S&P 500's 11 key sectors, with 23 of 24 equity components gaining ground.

Marathon Oil, Occidental Petroleum stocks soar to lead energy sector to broad gains

Montrose Environmental Group, Inc.

Murphy Oil

There are more signs that oil's brutal year is ending, and that a decade of underperformance in related stocks could reverse.

5 Stocks That Are Most Sensitive to a Change in Oil Prices

Carnival

Norwegian Cruise Line

ONEOK

These stocks cratered in 2020. The promise of recovery is uncertain.

Are the S&P 500's Worst-Performing Stocks Ready to Surge in 2021?

Texas Pacific Land Trust

High dividend yields backed by low debt is the best way to approach this risky sector.

Is It Too Late for Oil Stocks?

GasLog

Oceaneering

Patterson-UTI Energy

It looks like there's been a major shift in investor sentiment. There's the easy story and the longer one.

Why Oceaneering Intl., GasLog, Occidental, and Patterson-UTI Energy All Rallied Strongly Today

Devon Energy

Some of the top gainers of the S&P 500 during the past three months are energy-related names like Occidental Petroleum (OXY), Diamondback Energy (FANG), Devon Energy (DVN), Marathon Oil (MRO) and Apache (APA).

Oil Rally Takes a Breather Amid Rising Fuel Inventories

HOUSTON, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) will announce its fourth quarter 2020 financial results after close of market on Tuesday, February 16, 2021, and will hold a conference call to discuss results on Wednesday, February 17, 2021, at 11 a.m. Eastern/10 a.m. Central.

Occidental to Announce Fourth Quarter Results Tuesday, February 16, 2021; Hold Conference Call Wednesday, February 17, 2021

Petroleo Brasileiro

Crude oil traded around $53.50 a barrel Wednesday morning, up by about $3.00 (nearly 6%) a barrel over the past week.

Short Sellers Pull Back on Oil and Gas Stocks

Core Laboratories Inc

Enterprise Products Partners

Golar LNG

SM Energy

The energy markets got a shock, and it rippled across the entire industry landscape. There are lessons here.

Why Shares of Golar LNG, Enterprise Products Partners, SM Energy, Occidental, and Core Labs Rallied Today

EOG Resources

Since touching a low of around $36 a barrel in late October, West Texas Intermediate (WTI) crude oil has added just over $16 to trade up by 46% as of Monday's closing price.

6 Energy Stocks Trading Well Below 52-Week Highs

News for Occidental Petroleum Stock (OXY)