OXY Chart
About

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas E&P Market Cap 50.24B
Enterprise Value 81.47B Income 1.35B Sales 21.59B
Book/sh 28.14 Cash/sh 2.00 Dividend Yield 200.00%
Payout 71.11% Employees 10412 IPO —
P/E 37.73 Forward P/E 25.90 PEG —
P/S 2.33 P/B 1.81 P/C —
EV/EBITDA 7.24 EV/Sales 3.77 Quick Ratio 0.56
Current Ratio 0.94 Debt/Eq 63.80 LT Debt/Eq —
EPS (ttm) 1.35 EPS next Y 1.97 EPS Growth —
Revenue Growth 148.90% Earnings 2026-05-06 ROA 2.74%
ROE 5.93% ROIC — Gross Margin 69.82%
Oper. Margin 10.31% Profit Margin 10.77% Shs Outstand 986.27M
Shs Float 982.53M Short Float 5.83% Short Ratio 3.14
Short Interest — 52W High 52.22 52W Low 34.78
Beta 0.37 Avg Volume 10.90M Volume 7.59M
Target Price $51.88 Recom Hold Prev Close $51.95
Price $50.94 Change -1.94%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$51.88
Mean price target
2. Current target
$50.94
Latest analyst target
3. DCF / Fair value
$37.48
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$50.94
Low
$38.00
High
$67.00
Mean
$51.88

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main BMO Capital Market Perform → Market Perform $60
2026-02-23 main Barclays Equal-Weight → Equal-Weight $55
2026-02-20 main Wells Fargo Underweight → Underweight $47
2026-02-20 main UBS Neutral → Neutral $49
2026-02-20 main Susquehanna Positive → Positive $60
2026-01-28 main Piper Sandler Neutral → Neutral $47
2026-01-26 main Susquehanna Positive → Positive $51
2026-01-23 main Morgan Stanley Overweight → Overweight $50
2025-12-12 main UBS Neutral → Neutral $43
2025-12-11 main B of A Securities Neutral → Neutral $44
2025-12-08 down JP Morgan Neutral → Underweight $44
2025-11-19 main Citigroup Neutral → Neutral $45
2025-11-18 main Piper Sandler Neutral → Neutral $46
2025-11-13 main Susquehanna Positive → Positive $55
2025-11-12 main Wells Fargo Underweight → Underweight $40
2025-11-11 main Mizuho Outperform → Outperform $64
2025-10-21 main Piper Sandler Neutral → Neutral $47
2025-10-20 main Susquehanna Positive → Positive $54
2025-10-17 init Wells Fargo — → Underweight $42
2025-10-14 main JP Morgan Neutral → Neutral $50
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 59121 — — Stock Award(Grant) at price 0.00 per share. HOLLUB VICKI A. Chief Executive Officer — 2026-02-18 00:00:00 D
1 9197 — — Stock Award(Grant) at price 0.00 per share. CHAMPION CHRISTOPHER O Officer — 2026-02-18 00:00:00 D
2 18393 — — Stock Award(Grant) at price 0.00 per share. JACKSON RICHARD A. Chief Operating Officer — 2026-02-18 00:00:00 D
3 18393 — — Stock Award(Grant) at price 0.00 per share. DILLON KENNETH Officer — 2026-02-18 00:00:00 D
4 16817 — — Stock Award(Grant) at price 0.00 per share. PETERSON ROBERT L Officer — 2026-02-18 00:00:00 D
5 5000 194900 — Purchase at price 38.98 per share. KLESSE WILLIAM ROBERT Director — 2025-12-16 00:00:00 D
6 31434 — — Stock Award(Grant) at price 0.00 per share. JACKSON RICHARD A. Chief Operating Officer — 2025-10-01 00:00:00 D
7 6442 — — Stock Award(Grant) at price 0.00 per share. KLESSE WILLIAM ROBERT Director — 2025-05-05 00:00:00 D
8 6442 — — Stock Award(Grant) at price 0.00 per share. GOULD ANDREW FREDERIC JAMES Director — 2025-05-05 00:00:00 D
9 6442 — — Stock Award(Grant) at price 0.00 per share. BAILEY VICKY A Director — 2025-05-05 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-400.49M77.49M32.16M-35.75M
TaxRateForCalcs0.290.270.060.25
NormalizedEBITDA14.00B13.95B21.54B13.91B
TotalUnusualItems-1.38B287.00M536.00M-143.00M
TotalUnusualItemsExcludingGoodwill-1.38B287.00M536.00M-143.00M
NetIncomeFromContinuingOperationNetMinorityInterest2.87B4.70B13.30B2.79B
ReconciledDepreciation7.37B6.87B6.93B8.45B
ReconciledCostOfRevenue17.18B18.15B18.99B18.11B
EBITDA12.62B14.24B22.07B13.77B
EBIT5.25B7.37B15.15B5.32B
NetInterestIncome-1.00B-806.00M-877.00M-1.45B
InterestExpense1.18B945.00M1.03B1.61B
InterestIncome171.00M139.00M153.00M166.00M
NormalizedIncome3.85B4.49B12.80B2.90B
NetIncomeFromContinuingAndDiscontinuedOperation3.06B4.70B13.30B2.32B
TotalExpenses21.13B21.84B22.97B21.29B
DilutedAverageShares967.10M960.90M1.00B958.80M
BasicAverageShares911.80M889.20M926.20M935.00M
DilutedEPS2.443.9012.401.58
BasicEPS2.594.2213.411.62
DilutedNIAvailtoComStockholders2.36B3.75B12.42B1.51B
NetIncomeCommonStockholders2.36B3.75B12.42B1.51B
OtherunderPreferredStockDividend13.00M23.00M83.00M10.00M
PreferredStockDividends679.00M923.00M800.00M800.00M
NetIncome3.06B4.70B13.30B2.32B
MinorityInterests-22.00M0.000.000.00
NetIncomeIncludingNoncontrollingInterests3.08B4.70B13.30B2.32B
NetIncomeDiscontinuousOperations182.00M0.000.00-468.00M
NetIncomeContinuousOperations2.90B4.70B13.30B2.79B
TaxProvision1.17B1.73B813.00M915.00M
PretaxIncome4.07B6.43B14.12B3.71B
OtherIncomeExpense-519.00M821.00M1.33B488.00M
OtherNonOperatingIncomeExpenses-1.08B-1.27B-1.06B
SpecialIncomeCharges-1.38B287.00M219.00M-265.00M
GainOnSaleOfPPE-16.00M522.00M308.00M192.00M
WriteOff1.28B209.00M0.00304.00M
RestructuringAndMergernAcquisition84.00M26.00M89.00M153.00M
EarningsFromEquityInterest862.00M534.00M793.00M631.00M
GainOnSaleOfSecurity317.00M122.00M
NetNonOperatingInterestIncomeExpense-1.00B-806.00M-877.00M-1.45B
InterestExpenseNonOperating1.18B945.00M1.03B1.61B
InterestIncomeNonOperating171.00M139.00M153.00M166.00M
OperatingIncome5.59B6.41B13.66B4.67B
OperatingExpense3.96B3.69B3.98B3.19B
OtherOperatingExpenses1.86B1.52B1.49B1.32B
OtherTaxes1.04B1.09B1.55B1.00B
SellingGeneralAndAdministration1.06B1.08B945.00M863.00M
GrossProfit9.55B10.11B17.64B7.85B
CostOfRevenue17.18B18.15B18.99B18.11B
TotalRevenue26.73B28.26B36.63B25.96B
OperatingRevenue27.41B28.32B36.23B25.96B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber228.31M228.05M198.65M149.35M
OrdinarySharesNumber938.46M879.46M899.86M934.07M
ShareIssued1.17B1.11B1.10B1.08B
NetDebt23.19B17.57B18.16B26.26B
TotalDebt27.10B20.91B20.77B30.39B
TangibleBookValue25.87B21.96B20.32B10.56B
InvestedCapital51.20B40.96B39.47B39.59B
WorkingCapital-451.00M-773.00M1.13B1.89B
NetTangibleAssets34.16B30.25B30.09B20.33B
CapitalLeaseObligations1.78B1.91B1.62B1.36B
CommonStockEquity25.87B21.96B20.32B10.56B
PreferredStockEquity8.29B8.29B9.76B9.76B
TotalCapitalization58.48B48.20B49.21B49.25B
TotalEquityGrossMinorityInterest34.48B30.35B30.09B20.33B
MinorityInterest321.00M99.00M0.00
StockholdersEquity34.16B30.25B30.09B20.33B
GainsLossesNotAffectingRetainedEarnings179.00M275.00M195.00M-208.00M
OtherEquityAdjustments179.00M275.00M195.00M-208.00M
TreasuryStock15.60B15.58B13.77B10.67B
RetainedEarnings21.19B19.63B16.50B4.48B
AdditionalPaidInCapital19.87B17.42B17.18B16.75B
CapitalStock8.52B8.51B9.98B9.98B
CommonStock233.00M222.00M220.00M217.00M
PreferredStock8.29B8.29B9.76B9.76B
TotalLiabilitiesNetMinorityInterest50.97B43.66B42.52B54.71B
TotalNonCurrentLiabilitiesNetMinorityInterest41.44B34.51B34.77B46.38B
OtherNonCurrentLiabilities1.43B1.71B3.33B3.16B
EmployeeBenefits1.02B931.00M1.05B1.54B
NonCurrentPensionAndOtherPostretirementBenefitPlans1.02B931.00M1.05B1.54B
TradeandOtherPayablesNonCurrent2.20B2.07B
NonCurrentDeferredLiabilities5.39B5.76B5.51B7.04B
NonCurrentDeferredTaxesLiabilities5.39B5.76B5.51B7.04B
LongTermDebtAndCapitalLeaseObligation25.59B19.26B20.33B30.02B
LongTermCapitalLeaseObligation1.27B1.32B1.20B1.09B
LongTermDebt24.32B17.95B19.12B28.93B
LongTermProvisions5.80B4.77B4.54B4.63B
CurrentLiabilities9.52B9.15B7.76B8.32B
OtherCurrentLiabilities1.07B1.38B7.00M
CurrentDebtAndCapitalLeaseObligation1.51B1.65B438.00M372.00M
CurrentCapitalLeaseObligation509.00M592.00M416.00M271.00M
CurrentDebt1.00B1.06B22.00M101.00M
OtherCurrentBorrowings1.00B1.06B22.00M101.00M
CurrentProvisions388.00M193.00M
PayablesAndAccruedExpenses6.55B5.92B7.32B7.95B
CurrentAccruedExpenses1.14B1.03B3.29B4.05B
InterestPayable446.00M336.00M
Payables5.41B4.90B4.03B3.90B
OtherPayable393.00M300.00M
DividendsPayable354.00M307.00M
TotalTaxPayable913.00M643.00M
IncomeTaxPayable471.00M25.00M
AccountsPayable3.75B3.65B4.03B3.90B
TotalAssets85.44B74.01B72.61B75.04B
TotalNonCurrentAssets76.38B65.63B63.72B64.83B
OtherNonCurrentAssets2.90B2.75B1.26B1.23B
NonCurrentAccountsReceivable1.26B1.23B
InvestmentsAndAdvances3.16B3.22B3.18B2.94B
LongTermEquityInvestment3.16B3.22B3.18B2.94B
NetPPE70.31B59.66B59.29B60.66B
AccumulatedDepreciation-71.58B-68.28B-62.35B-58.23B
GrossPPE141.89B127.94B121.64B118.88B
OtherProperties141.89B127.94B121.64B118.88B
CurrentAssets9.07B8.38B8.89B10.21B
OtherCurrentAssets597.00M830.00M1.56B1.39B
AssetsHeldForSaleCurrent72.00M
RestrictedCash24.00M
Inventory2.10B2.02B2.06B1.85B
InventoriesAdjustmentsAllowances-93.00M-108.00M-121.00M-99.00M
FinishedGoods796.00M1.03B1.15B1.07B
RawMaterials1.39B1.10B1.03B879.00M
Receivables4.25B4.10B4.28B4.21B
DuefromRelatedPartiesCurrent720.00M902.00M
AccountsReceivable3.53B3.19B4.28B4.21B
AllowanceForDoubtfulAccountsReceivable-24.00M-29.00M-37.00M-35.00M
GrossAccountsReceivable3.55B3.22B4.32B4.24B
CashCashEquivalentsAndShortTermInvestments2.13B1.43B984.00M2.76B
CashAndCashEquivalents2.13B1.43B984.00M2.76B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow4.42B6.04B12.31B7.56B
RepurchaseOfCapitalStock-27.00M-3.46B-3.10B-8.00M
RepaymentOfDebt-4.51B-968.00M-9.88B-6.83B
IssuanceOfDebt9.61B900.00M400.00M0.00
IssuanceOfCapitalStock584.00M135.00M293.00M31.00M
CapitalExpenditure-7.02B-6.27B-4.50B-2.87B
InterestPaidSupplementalData1.21B1.10B1.43B1.69B
IncomeTaxPaidSupplementalData1.20B1.30B2.18B763.00M
EndCashPosition2.16B1.46B1.03B2.80B
BeginningCashPosition1.46B1.03B2.80B2.19B
ChangesInCash693.00M438.00M-1.78B609.00M
FinancingCashFlow3.84B-4.89B-13.71B-8.57B
CashFromDiscontinuedFinancingActivities0.000.00-8.00M
CashFlowFromContinuingFinancingActivities3.84B-4.89B-13.71B-8.56B
NetOtherFinancingCharges-365.00M-133.00M-241.00M-914.00M
CashDividendsPaid-1.45B-1.36B-1.18B-839.00M
NetPreferredStockIssuance0.00-1.66B0.000.00
PreferredStockPayments0.00-1.66B0.000.00
NetCommonStockIssuance557.00M-1.66B-2.81B23.00M
CommonStockPayments-27.00M-1.80B-3.10B-8.00M
CommonStockIssuance584.00M135.00M293.00M31.00M
NetIssuancePaymentsOfDebt5.10B-68.00M-9.48B-6.83B
NetLongTermDebtIssuance5.10B-68.00M-9.48B-6.83B
LongTermDebtPayments-4.51B-968.00M-9.88B-6.83B
LongTermDebtIssuance9.61B900.00M400.00M0.00
InvestingCashFlow-14.59B-6.98B-4.87B-1.25B
CashFromDiscontinuedInvestingActivities0.000.00-79.00M
CashFlowFromContinuingInvestingActivities-14.59B-6.98B-4.87B-1.17B
NetOtherInvestingChanges-7.36B-240.00M-259.00M1.29B
NetBusinessPurchaseAndSale-212.00M-470.00M-116.00M406.00M
PurchaseOfBusiness-990.00M-431.00M
CapitalExpenditureReported-7.02B-6.27B-4.50B-2.87B
OperatingCashFlow11.44B12.31B16.81B10.43B
CashFromDiscontinuedOperatingActivities-300.00M0.000.00181.00M
CashFlowFromContinuingOperatingActivities11.74B12.31B16.81B10.25B
ChangeInWorkingCapital22.00M660.00M-1.32B-1.43B
ChangeInOtherWorkingCapital559.00M225.00M-185.00M
ChangeInOtherCurrentAssets-13.00M-335.00M-119.00M
ChangeInPayablesAndAccruedExpense-661.00M-549.00M-478.00M865.00M
ChangeInInventory-46.00M-91.00M-230.00M-86.00M
ChangeInReceivables170.00M1.07B-432.00M-2.09B
ChangesInAccountReceivables-133.00M1.09B-97.00M
OtherNonCashItems467.00M199.00M76.00M822.00M
AssetImpairmentCharge1.28B209.00M0.00304.00M
DeferredTax-461.00M57.00M-1.64B46.00M
DeferredIncomeTax-461.00M57.00M-1.64B46.00M
DepreciationAmortizationDepletion7.37B6.87B6.93B8.45B
OperatingGainsLosses-19.00M-378.00M-527.00M-262.00M
EarningsLossesFromEquityInvestments-79.00M144.00M-219.00M-70.00M
GainLossOnInvestmentSecurities-308.00M-192.00M
GainLossOnSaleOfBusiness-308.00M-192.00M
NetIncomeFromContinuingOperations3.08B4.70B13.30B2.32B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for OXY
Date User Asset Broker Type Position Size Entry Price Patterns