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occidental petroleum corp. - OXY

OXY

Close Chg Chg %
51.55 0.48 0.93%

Open Market

52.03

+0.48 (0.93%)

Volume: 2.32M

Last Updated:

Nov 22, 2024, 10:57 AM EDT

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Company Overview: occidental petroleum corp. - OXY

OXY Key Data

Open

$51.54

 Day Range

51.34 - 52.10

52 Week Range

48.42 - 71.19

 Market Cap

$48.36B

Shares Outstanding

938.34M

 Public Float

935.45M

Beta

1.61

 Rev. Per Employee

N/A

P/E Ratio

13.42

 EPS

$4.10

Yield

162.98%

 Dividend

$0.22

EX-DIVIDEND DATE

Dec 10, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

11.31M

  

OXY Performance

1 Week
 
 3.14%
 
1 Month
 
 -0.08%
 
3 Months
 
 -9.96%
 
1 Year
 
 -14.33%
 
5 Years
 
 30.22%
 

OXY Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 32
Full Ratings ➔

About occidental petroleum corp. - OXY

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.

OXY At a Glance

Occidental Petroleum Corp.
5 Greenway Plaza
Houston, Texas 77046-0506
Phone 1-713-215-7000 Revenue 28.33B
Industry Integrated Oil Net Income 4.67B
Sector Energy Minerals Employees 12,570
Fiscal Year-end 12 / 2024
View SEC Filings

OXY Valuation

P/E Current 13.26
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.292
Price to Sales Ratio 2.025
Price to Book Ratio 2.391
Price to Cash Flow Ratio 4.662
Enterprise Value to EBITDA 6.243
Enterprise Value to Sales 3.008
Total Debt to Enterprise Value 0.245

OXY Efficiency

Revenue/Employee 2,253,858.393
Income Per Employee 371,758.154
Receivables Turnover 8.653
Total Asset Turnover 0.376

OXY Liquidity

Current Ratio 0.916
Quick Ratio 0.694
Cash Ratio 0.158

OXY Profitability

Gross Margin 34.386
Operating Margin 22.901
Pretax Margin 22.692
Net Margin 16.494
Return on Assets 6.202
Return on Equity 15.49
Return on Total Capital 9.134
Return on Invested Capital 9.353

OXY Capital Structure

Total Debt to Total Equity 69.127
Total Debt to Total Capital 40.873
Total Debt to Total Assets 27.534
Long-Term Debt to Equity 87.707
Long-Term Debt to Total Capital 37.652
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Occidental Petroleum Corp. - OXY

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
17.14B 25.96B 36.25B 28.33B
Sales Growth
-8.33% +51.49% +39.64% -21.85%
Cost of Goods Sold (COGS) incl D&A
16.70B 18.36B 19.20B 18.59B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
8.14B 8.57B 7.01B 7.16B
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+14.65% +9.95% +4.61% -3.21%
Gross Income
441.00M 7.60B 17.05B 9.74B
Gross Income Growth
-89.33% +1,624.26% +124.20% -42.86%
Gross Profit Margin
+2.57% +29.29% +47.03% +34.39%
2020 2021 2022 2023 5-year trend
SG&A Expense
864.00M 863.00M 945.00M 1.08B
Research & Development
- - - -
-
Other SG&A
864.00M 863.00M 945.00M 1.08B
SGA Growth
-2.04% -0.12% +9.50% +14.60%
Other Operating Expense
1.51B 2.07B 2.82B 2.17B
Unusual Expense
11.17B 341.00M (609.00M) 309.00M
EBIT after Unusual Expense
(13.10B) 4.33B 13.89B 6.18B
Non Operating Income/Expense
(1.18B) 989.00M 1.25B 1.20B
Non-Operating Interest Income
118.00M 166.00M 153.00M 139.00M
Equity in Earnings of Affiliates
370.00M 631.00M 793.00M 534.00M
Interest Expense
1.42B 1.61B 1.03B 945.00M
Interest Expense Growth
+33.58% +13.34% -36.18% -8.25%
Gross Interest Expense
1.51B 1.68B 1.10B 1.04B
Interest Capitalized
83.00M 61.00M 69.00M 98.00M
Pretax Income
(15.71B) 3.71B 14.12B 6.43B
Pretax Income Growth
-8,543.55% +123.59% +281.03% -54.46%
Pretax Margin
-91.64% +14.27% +38.94% +22.69%
Income Tax
(2.17B) 915.00M 813.00M 1.73B
Income Tax - Current - Domestic
(120.00M) 209.00M 1.38B 963.00M
Income Tax - Current - Foreign
465.00M 660.00M 1.08B 713.00M
Income Tax - Deferred - Domestic
(2.49B) 38.00M (1.63B) 12.00M
Income Tax - Deferred - Foreign
(30.00M) 8.00M (18.00M) 45.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
370.00M 631.00M 793.00M 534.00M
Other After Tax Income (Expense)
- (10.00M) (83.00M) (23.00M)
Consolidated Net Income
(13.53B) 2.78B 13.22B 4.67B
Minority Interest Expense
- - - -
-
Net Income
(13.53B) 2.78B 13.22B 4.67B
Net Income Growth
-1,975.61% +120.54% +375.58% -64.65%
Net Margin Growth
-78.96% +10.71% +36.47% +16.49%
Extraordinaries & Discontinued Operations
- - (1.30B) (468.00M)
-
Discontinued Operations
- - (1.30B) (468.00M)
-
Net Income After Extraordinaries
(14.83B) 2.31B 13.22B 4.67B
Preferred Dividends
844.00M 800.00M 800.00M 923.00M
Net Income Available to Common
(15.68B) 1.51B 12.42B 3.75B
EPS (Basic)
-17.0622 1.6171 13.4107 4.2173
EPS (Basic) Growth
-1,302.22% +109.48% +729.31% -68.55%
Basic Shares Outstanding
918.70M 935.00M 926.20M 889.20M
EPS (Diluted)
-17.0622 1.577 12.4022 3.9047
EPS (Diluted) Growth
-1,302.22% +109.24% +686.44% -68.52%
Diluted Shares Outstanding
918.70M 958.80M 1.00B 960.90M
EBITDA
6.21B 13.24B 20.29B 13.65B
EBITDA Growth
-13.54% +113.08% +53.24% -32.73%
EBITDA Margin
+36.26% +51.01% +55.98% +48.19%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 63.654
Number of Ratings 32 Current Quarters Estimate 0.746
FY Report Date 12 / 2024 Current Year's Estimate 3.423
Last Quarter’s Earnings 1.00 Median PE on CY Estimate N/A
Year Ago Earnings 3.70 Next Fiscal Year Estimate 3.467
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 23 22 27 27
Mean Estimate 0.75 0.78 3.42 3.47
High Estimates 1.40 1.14 4.33 8.74
Low Estimate 0.42 0.23 2.75 0.99
Coefficient of Variance 31.99 29.70 11.96 40.17

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 9 9 9
OVERWEIGHT 2 2 2
HOLD 20 20 17
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Occidental Petroleum Corp. - OXY

Date Name Shares Transaction Value
Oct 4, 2024 Sylvia Jo Sydow Kerrigan SVP & Chief Legal Officer 111,829 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.44 per share 5,976,141.76
Jun 18, 2024 Berkshire Hathaway, Inc. (Investment Management) 255,281,524 Open market or private purchase of non-derivative security Non-derivative transaction at $59.75 per share 15,253,071,059.00
Jun 18, 2024 Berkshire Hathaway, Inc. (Investment Management) 254,947,063 Open market or private purchase of non-derivative security Non-derivative transaction at $59.59 per share 15,192,295,484.17
Jun 18, 2024 Berkshire Hathaway, Inc. (Investment Management) 253,886,410 Open market or private purchase of non-derivative security Non-derivative transaction at $59.77 per share 15,174,790,725.70
May 22, 2024 Carlos Miguel Gutierrez Director 65,740 Exercise of in-the-money or at-the-money derivative security Non-derivative transaction at $22 per share 1,446,280.00
May 22, 2024 Carlos Miguel Gutierrez Director N/A Exercise of in-the-money or at-the-money derivative security 0.00
May 8, 2024 Jack B. Moore Director 62,522 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Kenneth B. Robinson Director 6,717 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.39 per share 432,507.63
May 8, 2024 Claire Perry O’Neill Director 6,626 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Kenneth B. Robinson Director 7,486 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Jack B. Moore Director 61,052 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.39 per share 3,931,138.28
May 8, 2024 William R. Klesse Director 183,844 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Robert M. Shearer Director 56,931 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Andrew Frederick James Gould Director 35,990 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.39 per share 2,317,396.10
May 8, 2024 Andrew Frederick James Gould Director 37,155 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Avedick Baruyr Poladian Director 74,657 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Vicky A. Bailey Director 8,647 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.39 per share 556,780.33
May 8, 2024 Vicky A. Bailey Director 9,792 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 William R. Klesse Director 182,989 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.39 per share 11,782,661.71
Mar 4, 2024 Vicki A. Hollub President and CEO; Director 758,044 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $60.26 per share 45,679,731.44

Occidental Petroleum Corp. in the News

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