Skip to content 
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, and North Africa. 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; and 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 invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas. more
| Time Frame | OXY | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | 1.73% | 0.81% | 2.66% |
| 1-Month Return | 7.04% | 3.46% | -1.97% |
| 3-Month Return | 16.48% | 14.56% | 4.57% |
| 6-Month Return | 7.86% | 12.38% | 24.18% |
| 1-Year Return | 13.9% | 18.58% | 27.69% |
| 3-Year Return | 179.06% | 125.73% | 27.46% |
| 5-Year Return | 23.55% | 84.44% | 88.29% |
| 10-Year Return | -3.62% | 50.6% | 227.73% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 20.39B | 17.81B | 25.96B | 36.63B | 28.26B | [{"date":"2019-12-31","value":55.67,"profit":true},{"date":"2020-12-31","value":48.61,"profit":true},{"date":"2021-12-31","value":70.85,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":77.13,"profit":true}] |
| Cost of Revenue | 14.32B | 16.57B | 18.11B | 18.99B | 18.15B | [{"date":"2019-12-31","value":75.4,"profit":true},{"date":"2020-12-31","value":87.23,"profit":true},{"date":"2021-12-31","value":95.35,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":95.57,"profit":true}] |
| Gross Profit | 6.08B | 1.24B | 7.85B | 17.64B | 10.11B | [{"date":"2019-12-31","value":34.43,"profit":true},{"date":"2020-12-31","value":7.05,"profit":true},{"date":"2021-12-31","value":44.49,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":57.29,"profit":true}] |
| Gross Margin | 29.79% | 6.99% | 30.24% | 48.17% | 35.78% | [{"date":"2019-12-31","value":61.85,"profit":true},{"date":"2020-12-31","value":14.5,"profit":true},{"date":"2021-12-31","value":62.79,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":74.28,"profit":true}] |
| Operating Expenses | 3.26B | 2.50B | 3.19B | 3.98B | 3.69B | [{"date":"2019-12-31","value":81.91,"profit":true},{"date":"2020-12-31","value":62.86,"profit":true},{"date":"2021-12-31","value":80.03,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":92.84,"profit":true}] |
| Operating Income | 3.40B | (770.00M) | 5.46B | 14.61B | 4.70B | [{"date":"2019-12-31","value":23.3,"profit":true},{"date":"2020-12-31","value":-5.27,"profit":false},{"date":"2021-12-31","value":37.38,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":32.14,"profit":true}] |
| Total Non-Operating Income/Expense | (4.07B) | (16.24B) | (3.21B) | (1.37B) | 15.00M | [{"date":"2019-12-31","value":-27120,"profit":false},{"date":"2020-12-31","value":-108273.33,"profit":false},{"date":"2021-12-31","value":-21366.67,"profit":false},{"date":"2022-12-31","value":-9140,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
| Pre-Tax Income | 186.00M | (15.71B) | 3.71B | 14.12B | 6.43B | [{"date":"2019-12-31","value":1.32,"profit":true},{"date":"2020-12-31","value":-111.25,"profit":false},{"date":"2021-12-31","value":26.24,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":45.54,"profit":true}] |
| Income Taxes | 693.00M | (2.17B) | 915.00M | 813.00M | 1.73B | [{"date":"2019-12-31","value":39.99,"profit":true},{"date":"2020-12-31","value":-125.33,"profit":false},{"date":"2021-12-31","value":52.8,"profit":true},{"date":"2022-12-31","value":46.91,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Income After Taxes | (507.00M) | (13.53B) | 2.79B | 13.30B | 4.70B | [{"date":"2019-12-31","value":-3.81,"profit":false},{"date":"2020-12-31","value":-101.72,"profit":false},{"date":"2021-12-31","value":20.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":35.3,"profit":true}] |
| Income From Continuous Operations | (507.00M) | (13.53B) | 2.79B | 13.30B | 4.70B | [{"date":"2019-12-31","value":-3.81,"profit":false},{"date":"2020-12-31","value":-101.72,"profit":false},{"date":"2021-12-31","value":20.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":35.3,"profit":true}] |
| Income From Discontinued Operations | (15.00M) | (1.30B) | (468.00M) | - | - | [{"date":"2019-12-31","value":-1500000000,"profit":false},{"date":"2020-12-31","value":-129800000000,"profit":false},{"date":"2021-12-31","value":-46800000000,"profit":false},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | (507.00M) | (13.53B) | 2.32B | 13.30B | 3.75B | [{"date":"2019-12-31","value":-3.81,"profit":false},{"date":"2020-12-31","value":-101.72,"profit":false},{"date":"2021-12-31","value":17.45,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":28.19,"profit":true}] |
| EPS (Diluted) | 1.62 | (3.90) | 2.52 | 9.33 | 3.69 | [{"date":"2019-12-31","value":17.36,"profit":true},{"date":"2020-12-31","value":-41.8,"profit":false},{"date":"2021-12-31","value":27.01,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":39.55,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| OXY | |
|---|---|
| Cash Ratio | 0.16 |
| Current Ratio | 0.92 |
| Quick Ratio | 0.69 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| OXY | |
|---|---|
| ROA (LTM) | 5.09% |
| ROE (LTM) | 15.54% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| OXY | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.59 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.41 |
| Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 2.45 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| OXY | |
|---|---|
| Trailing PE | 17.38 |
| Forward PE | 19.16 |
| P/S (TTM) | 2.16 |
| P/B | 2.79 |
| Price/FCF | 35 |
| EV/R | 3.15 |
| EV/Ebitda | 6.25 |
| PEG | NM |
Occidental Petroleum stock has made investors small fortunes in recent years.
At the moment, targeting oil stocks might not seem the most compelling idea. While the earlier flashpoint in the Middle East – with Iran and Israel lobbing missiles against each other – was a pressing matter, tensions seem to have subsided. Still, it’s no time to lose vigilance. First, a miscalculation could easily escalate the matter. Currently, Israel is conducting a military campaign against Hamas for its terror attack last year. While Israel initially attracted sympathies the world over at the beginning of the violence, the campaign has subsequently courted controversies. This dynamic could potentially lead to an escalation, which may end up disrupting key oil supply chains. Second, Russia’s invasion of Ukraine remains a hot conflict and it could get even hotter. With the Senate recently passing military aid to Ukraine, the U.S. has signaled a commitment to protect democracy. As well, Ukrainian forces continue to attack Russian oil infrastructure, which may significantly impact prices.
Is the rally crude oil about to stall out? After several months of consistent oil price advances, the price of oil has dipped over the past week. It seems some traders are using the tensions in the Middle East as a “sell the news” event. Particularly if there is de-escalation between Iran and Israel, we might see oil prices retreat at least over the medium term. Broader macroeconomic signs also point to a potential sell-off , especially with interest rates climbing once again. That could make it a great time to book trading gains in certain energy stocks before market momentum fully reverses. While much of the sector still has strong fundamentals today, other names are on a shakier footing for the time being. Here are three energy stocks to consider selling right now. TechnipFMC (FTI) Source: abu emran / Shutterstock.com TechnipFMC (NYSE: FTI ) is an energy solutions company focused on subsea operations . Deepwater drilling has come back to life after several brutal years for the sector.
Warren Buffett''s Berkshire Hathaway has a significant stake in Apple, Bank of America, American Express, Coca-Cola, Chevron, Occidental Petroleum, and Kraft Heinz.
The global oil and gas market is valued at $7.62 trillion and is projected to reach $9.34 trillion in 2028, representing a CAGR of 5.2%. Critical components of this rapid growth include modernization, urbanization and geopolitical tensions spiking oil prices. These oil and gas stocks to buy will set your portfolio up for success now. Cenovus Energy (CVE) Source: Pavel Kapysh / Shutterstock.com Cenovus Energy (NYSE: CVE ) is an oil and natural gas company that operates in crude oil. CVE has shown immense financial growth, demonstrated by its market cap of $38.58 billion. In addition, return on total assets showed promise at 7.62%, 14.33% more than the sector median. EPS FWD long term growth was impressive at 24% or a colossal 446.60% more than the sector median. These metrics demonstrate CVE’s long and short-term profitability while discussing its immense growth prospect. CVE has announced an investment of $1.5 billion towards oil refineries in Ohio over the next 5 years. This includes expanding projects and improving reliability, translating into a solid public image.
Crude oil prices show little sign of slowing their ascent (and probably won’t), meaning it’s a great time to consider energy stocks . Yeah, it may not align with contemporary politics and ideologies of pushing green solutions. However, the hydrocarbon industry aligns with reality. That’s the most important consideration. On the domestic political front, President Joe Biden is simply not popular. Therefore, I doubt that he can adopt a draconian approach to the hydrocarbon industry. That’s one reason why crude oil prices may rise. On the international front, geopolitical flashpoints will likely reduce supplies for western nations. That’s coming in a time of heightened demand, which could bode well for energy stocks. Finally, the fallout in electric vehicle demand suggests that this mobility platform is still too expensive for most Americans. So, hydrocarbons will likely be relevant for longer than expected. Again, it’s a great time to consider the below energy stocks. Chevron (CVX) Source: Sundry Photography / Shutterstock.com As an integrated hydrocarbon giant, Chevron (NYSE: CVX ) is one of the most recognizable names among energy stocks.
It’s no secret Warren Buffett loves companies that pay dividends. While he refuses to allow Berkshire Hathaway (NYSE: BRK-A )(NYSE: BRK-B ) to pay any to shareholders, he enjoys collecting those checks from the businesses he owns. Buffett believes he can deliver superior returns for his shareholders if he allows them to make decisions for themselves. He’s probably right. Since becoming chairman of Berkshire Hathaway in 1964, he has generated overall returns of 4,384,748% by the end of 2023. In contrast, the S&P 500 achieved over 31,000% returns. That means Buffett’s compounded annual growth rate (CAGR) of 19.8% beat the benchmark index by nearly two-to-one. Most investors will have a tough time doing that in one year. Buffett’s done it for 60 years! The Oracle of Omaha collected around $6 billion in dividends last year. That’s without doing anything but holding onto the shares of companies he already owns. But that’s only from his publicly traded stocks. In Buffett’s 2020 Berkshire Hathaway shareholder letter, he revealed that his wholly owned railroad, BNSF , paid him $41.8 billion in dividends since it was acquired in 2010.
Many investors have one or more preferred fundamental or technical indicator. These help to cut through the noise surrounding a stock. And, in some cases, the opinion of analysts is one of those indicators. Analyst-backed stocks have a high correlation with future stock price growth. Analysts have access to information, and corporate insiders, that individual investors like you and me do not. They also generally follow many stocks within a sector, giving them the ability to spot emerging bullish or bearish trends. When analysts upgrade a stock or maintain a rating of Buy (or one of its equivalents such as Overweight or Outperform), it tells you that analysts have a strong belief that the stock will move higher. That kind of information brings clarity. And that clarity is essential in times when economic indicators are sending conflicting signals. Here are seven analyst-backed stocks with several analyst upgrades in the 30 days ending April 10, 2024. Analyst-Backed Stocks: Micron Technology (MU) Source: Charles Knowles / Shutterstock.com Micron Technology (NASDAQ: MU ) leads this group of analyst-backed stocks with 22 upgrades.
Many investors are hearing that we are in a stock picker’s market. If that’s the case, then why not take your lead from Warren Buffett? After all, Buffett is one of the world’s best stock pickers. What do you know about these stocks? If you follow the Buffett playbook, then these stocks will have wide moats that protect them from competition, they are financially sound companies, and they have a proven history of returning capital to investors in the form of dividends and share buybacks. Another thing you know about Warren Buffett’s investing style is that his preferred timeline for holding stocks is forever. That means that these are stocks that scare investors easily and can help you sleep well at night. That’s also why analysts love these stocks too. Here are three Warren Buffett stocks to consider. Visa (V) Source: Kikinunchi / Shutterstock.com Visa (NYSE: V ) was a fintech (financial technology) stock before the turn went mainstream. The company is one of Warren Buffett’s favorite stocks, and there are many reasons for that.
Occidental Petroleum Corporation (OXY) share price today is $68.22
Yes, Indians can buy shares of Occidental Petroleum Corporation (OXY) on Vested. To buy Occidental Petroleum Corporation from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in OXY stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Occidental Petroleum Corporation (OXY) via the Vested app. You can start investing in Occidental Petroleum Corporation (OXY) with a minimum investment of $1.
You can invest in shares of Occidental Petroleum Corporation (OXY) via Vested in three simple steps:
The 52-week high price of Occidental Petroleum Corporation (OXY) is $71.19. The 52-week low price of Occidental Petroleum Corporation (OXY) is $54.92.
The price-to-earnings (P/E) ratio of Occidental Petroleum Corporation (OXY) is 17.49
The price-to-book (P/B) ratio of Occidental Petroleum Corporation (OXY) is 2.79
The dividend yield of Occidental Petroleum Corporation (OXY) is 1.3%
The market capitalization of Occidental Petroleum Corporation (OXY) is $60.47B
The stock symbol (or ticker) of Occidental Petroleum Corporation is OXY
Link copied 
