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Occidental Petroleum Corporation

Occidental Petroleum Corporation

NYSE•OXY
CEO: Ms. Vicki A. Hollub
Sector: Energy
Industry: Oil & Gas Exploration & Production
Listing Date: 1981-12-31
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.
Contact Information
5 Greenway Plaza, Suite 110, Houston, TX, 77046-0521, United States
713-215-7000
www.oxy.com
Market Cap
$40.47B
P/E (TTM)
21.3
17.4
Dividend Yield
2.3%
52W High
$53.20
52W Low
$34.78
52W Range
34%
Rank40Top 31.7%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$6.62B-6.53%
4-Quarter Trend

EPS

$0.00+0.00%
4-Quarter Trend

FCF

$1.02B-49.48%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

OxyChem Sale Announced Berkshire Hathaway to acquire OxyChem for $9.7B cash; proceeds target majority debt reduction efforts.
Q3 Net Income Surge Q3 Net Income attributable to common stockholders was $661M, a 130% increase from $288M in Q3 2024.
Significant Debt Repayment Repaid $1.0B 2025 notes and $1.2B 2026 notes using cash and asset sale proceeds in 9M 2025.
Warrant Proceeds Used Issued 41.9M shares via warrant exercise, generating $890M used to repay near-term debt maturities.

Risk Factors

Commodity Price Volatility Oil, NGL, and natural gas prices remain volatile, potentially impacting operations and cash flows materially.
OxyChem Transaction Uncertainty Transaction subject to closing conditions; failure impacts planned accelerated debt reduction using proceeds, potentially affecting capital access.
Tax Dispute Resolution Tronox tax dispute resolution uncertain; adverse ruling requires repaying $2.3B plus future interest liability.
Environmental Liabilities Exposure Potential additional environmental losses recorded could reach up to $1.9B beyond current recorded reserves.

Outlook

Strategic Deleveraging Focus Prioritize excess cash flow from divestitures to reduce principal debt below $15 billion target.
Asset Base Enhancement Advance integrated technologies in CO2 and power while enhancing asset base in cash-generative oil/gas business.
Oil Price Dependency Financial condition remains highly dependent on oil prices, which may remain volatile due to geopolitical risks.

Peer Comparison

Revenue (TTM)

Phillips 66PSX
$132.51B
-10.1%
Eni S.p.A.E
$93.83B
-5.5%
Imperial Oil LimitedIMO
$46.31B
-6.0%

Gross Margin (Latest Quarter)

Suncor Energy Inc.SU
60.3%
+16.4pp
EQT CorporationEQT
36.2%
+28.5pp
Diamondback Energy, Inc.FANG
34.6%
-5.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
E$57.48B19.54.8%25.7%
PSX$56.93B38.05.5%28.6%
SU$53.30B13.212.7%16.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.5%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 17, 2026
|
EPS:$0.38
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $6.62B-6.5%
    |
    EPS: $0.00+0.0%
    N/A
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 6, 2025|
    Revenue: $6.32B-8.1%
    |
    EPS: $0.27-75.5%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 7, 2025|
    Revenue: $6.91B+11.2%
    |
    EPS: $0.81+0.1%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 18, 2025|
    Revenue: $27.10B-4.3%
    |
    EPS: $2.59-38.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 12, 2024|
    Revenue: $7.09B-2.5%
    |
    EPS: $1.03-20.4%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 7, 2024|
    Revenue: $6.88B+4.1%
    |
    EPS: $1.10+63.1%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $6.21B-12.7%
    |
    EPS: $0.81-25.5%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 14, 2024|
    Revenue: $28.33B-21.9%
    |
    EPS: $4.22-68.6%
    Beat