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 52.35B
Enterprise Value 82.59B Income 1.35B Sales 21.59B
Book/sh 28.14 Cash/sh 2.00 Dividend Yield 196.00%
Payout 71.11% Employees 10412 IPO —
P/E 39.32 Forward P/E 26.99 PEG —
P/S 2.42 P/B 1.89 P/C —
EV/EBITDA 7.34 EV/Sales 3.83 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 5.20% Short Ratio 2.90
Short Interest — 52W High 53.33 52W Low 34.78
Beta 0.37 Avg Volume 11.19M Volume 13.09M
Target Price $51.88 Recom Hold Prev Close $51.43
Price $53.08 Change 3.21%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$51.88
Mean price target
2. Current target
$53.08
Latest analyst target
3. DCF / Fair value
$37.48
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$53.08
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 16817 — — Stock Award(Grant) at price 0.00 per share. PETERSON ROBERT L Officer — 2026-02-18 00:00:00 D
3 18393 — — Stock Award(Grant) at price 0.00 per share. JACKSON RICHARD A. Chief Operating Officer — 2026-02-18 00:00:00 D
4 18393 — — Stock Award(Grant) at price 0.00 per share. DILLON KENNETH 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. BAILEY VICKY A Director — 2025-05-05 00:00:00 D
9 10436 — — Stock Award(Grant) at price 0.00 per share. MOORE JACK B Director — 2025-05-05 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems62.70M-132.24M77.49M32.16M
TaxRateForCalcs0.330.290.270.06
NormalizedEBITDA11.47B11.84B11.36B21.54B
TotalUnusualItems190.00M-456.00M287.00M536.00M
TotalUnusualItemsExcludingGoodwill190.00M-456.00M287.00M536.00M
NetIncomeFromContinuingOperationNetMinorityInterest2.06B2.84B3.33B13.30B
ReconciledDepreciation7.53B6.95B6.45B6.93B
ReconciledCostOfRevenue14.05B13.73B14.72B18.99B
EBITDA11.66B11.38B11.64B22.07B
EBIT4.13B4.43B5.19B15.15B
NetInterestIncome-860.00M-977.00M-804.00M-877.00M
InterestExpense1.08B1.17B957.00M1.03B
InterestIncome219.00M192.00M153.00M153.00M
NormalizedIncome1.94B3.17B3.12B12.80B
NetIncomeFromContinuingAndDiscontinuedOperation2.33B3.06B4.70B13.30B
TotalExpenses17.87B17.32B18.40B22.97B
DilutedAverageShares1.00B967.10M960.90M1.00B
BasicAverageShares975.50M911.80M889.20M926.20M
DilutedEPS1.612.443.9012.40
BasicEPS1.652.594.2213.41
DilutedNIAvailtoComStockholders1.61B2.36B3.75B12.42B
AverageDilutionEarnings2.00M
NetIncomeCommonStockholders1.61B2.36B3.75B12.42B
OtherunderPreferredStockDividend35.00M13.00M23.00M83.00M
PreferredStockDividends679.00M679.00M923.00M800.00M
NetIncome2.33B3.06B4.70B13.30B
MinorityInterests-43.00M-22.00M0.000.00
NetIncomeIncludingNoncontrollingInterests2.37B3.08B4.70B13.30B
NetIncomeDiscontinuousOperations262.00M212.00M1.36B0.00
NetIncomeContinuousOperations2.11B2.87B3.33B13.30B
EarningsFromEquityInterestNetOfTax76.00M759.00M426.00M
TaxProvision1.02B1.16B1.33B813.00M
PretaxIncome3.05B3.27B4.24B14.12B
OtherIncomeExpense190.00M-456.00M287.00M1.33B
OtherNonOperatingIncomeExpenses-1.08B-1.27B-1.06B
SpecialIncomeCharges190.00M-456.00M287.00M219.00M
GainOnSaleOfPPE263.00M-16.00M522.00M308.00M
WriteOff60.00M356.00M209.00M0.00
RestructuringAndMergernAcquisition13.00M84.00M26.00M89.00M
EarningsFromEquityInterest862.00M534.00M793.00M631.00M
GainOnSaleOfSecurity317.00M122.00M
NetNonOperatingInterestIncomeExpense-860.00M-977.00M-804.00M-877.00M
InterestExpenseNonOperating1.08B1.17B957.00M1.03B
InterestIncomeNonOperating219.00M192.00M153.00M153.00M
OperatingIncome3.72B4.70B4.75B13.66B
OperatingExpense3.82B3.59B3.68B3.98B
OtherOperatingExpenses1.80B1.59B1.61B1.49B
OtherTaxes1.03B1.04B1.09B1.55B
SellingGeneralAndAdministration986.00M960.00M987.00M945.00M
GrossProfit7.54B8.29B8.43B17.64B
CostOfRevenue14.05B13.73B14.72B18.99B
TotalRevenue21.59B22.02B23.16B36.63B
OperatingRevenue21.57B22.71B23.23B36.23B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber228.31M228.31M228.05M198.65M
OrdinarySharesNumber986.03M938.46M879.46M899.86M
ShareIssued1.21B1.17B1.11B1.10B
NetDebt19.43B23.20B17.57B18.16B
TotalDebt23.35B26.92B20.91B20.77B
TangibleBookValue27.75B25.87B21.96B20.32B
InvestedCapital49.14B51.20B40.96B39.47B
WorkingCapital-601.00M-451.00M-773.00M1.13B
NetTangibleAssets36.03B34.16B30.25B30.09B
CapitalLeaseObligations1.95B1.60B1.91B1.62B
CommonStockEquity27.75B25.87B21.96B20.32B
PreferredStockEquity8.29B8.29B8.29B9.76B
TotalCapitalization55.86B58.48B48.20B49.21B
TotalEquityGrossMinorityInterest36.60B34.48B30.35B30.09B
MinorityInterest564.00M321.00M99.00M0.00
StockholdersEquity36.03B34.16B30.25B30.09B
GainsLossesNotAffectingRetainedEarnings202.00M179.00M275.00M195.00M
OtherEquityAdjustments202.00M179.00M275.00M195.00M
TreasuryStock15.60B15.60B15.58B13.77B
RetainedEarnings21.89B21.19B19.63B16.50B
AdditionalPaidInCapital21.01B19.87B17.42B17.18B
CapitalStock8.53B8.52B8.51B9.98B
CommonStock243.00M233.00M222.00M220.00M
PreferredStock8.29B8.29B8.29B9.76B
TotalLiabilitiesNetMinorityInterest47.59B50.97B43.66B42.52B
TotalNonCurrentLiabilitiesNetMinorityInterest38.16B41.44B34.51B34.77B
OtherNonCurrentLiabilities1.61B1.36B1.71B3.33B
LiabilitiesHeldforSaleNonCurrent418.00M333.00M
EmployeeBenefits985.00M1.02B931.00M1.05B
NonCurrentPensionAndOtherPostretirementBenefitPlans985.00M1.02B931.00M1.05B
TradeandOtherPayablesNonCurrent2.39B2.20B2.07B
NonCurrentDeferredLiabilities5.64B5.39B5.76B5.51B
NonCurrentDeferredTaxesLiabilities5.64B5.39B5.76B5.51B
LongTermDebtAndCapitalLeaseObligation21.23B25.45B19.26B20.33B
LongTermCapitalLeaseObligation1.41B1.13B1.32B1.20B
LongTermDebt19.82B24.32B17.95B19.12B
LongTermProvisions5.89B5.68B4.77B4.54B
CurrentLiabilities9.43B9.52B9.15B7.76B
OtherCurrentLiabilities1.59B1.50B1.38B7.00M
CurrentDebtAndCapitalLeaseObligation2.12B1.47B1.65B438.00M
CurrentCapitalLeaseObligation548.00M469.00M592.00M416.00M
CurrentDebt1.57B1.00B1.06B22.00M
OtherCurrentBorrowings1.57B1.00B1.06B22.00M
CurrentProvisions381.00M388.00M193.00M
PayablesAndAccruedExpenses5.33B6.16B5.92B7.32B
CurrentAccruedExpenses1.01B1.04B1.03B3.29B
InterestPayable386.00M446.00M336.00M
Payables4.33B5.13B4.90B4.03B
OtherPayable393.00M300.00M
DividendsPayable383.00M354.00M307.00M
TotalTaxPayable657.00M907.00M643.00M
IncomeTaxPayable159.00M471.00M25.00M
AccountsPayable3.29B3.47B3.65B4.03B
TotalAssets84.19B85.44B74.01B72.61B
TotalNonCurrentAssets75.36B76.38B65.63B63.72B
OtherNonCurrentAssets8.33B7.11B2.75B1.26B
NonCurrentAccountsReceivable1.26B1.23B
InvestmentsAndAdvances2.48B2.65B3.22B3.18B
LongTermEquityInvestment2.48B2.65B3.22B3.18B
NetPPE64.55B66.62B59.66B59.29B
AccumulatedDepreciation-74.11B-65.77B-68.28B-62.35B
GrossPPE138.66B132.38B127.94B121.64B
OtherProperties138.66B132.38B127.94B121.64B
CurrentAssets8.83B9.07B8.38B8.89B
OtherCurrentAssets601.00M490.00M830.00M1.56B
AssetsHeldForSaleCurrent1.18B1.14B72.00M
RestrictedCash24.00M
Inventory1.82B1.76B2.02B2.06B
InventoriesAdjustmentsAllowances-93.00M-108.00M-121.00M-99.00M
FinishedGoods601.00M537.00M1.03B1.15B
RawMaterials1.22B1.22B1.10B1.03B
Receivables3.26B3.56B4.10B4.28B
DuefromRelatedPartiesCurrent684.00M720.00M902.00M
AccountsReceivable2.58B2.84B3.19B4.28B
AllowanceForDoubtfulAccountsReceivable-24.00M-29.00M-37.00M-35.00M
GrossAccountsReceivable3.55B3.22B4.32B4.24B
CashCashEquivalentsAndShortTermInvestments1.97B2.12B1.43B984.00M
CashAndCashEquivalents1.97B2.12B1.43B984.00M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow4.11B5.18B6.61B12.31B
RepurchaseOfCapitalStock0.00-27.00M-3.46B-3.10B
RepaymentOfDebt-3.75B-4.51B-351.00M-9.88B
IssuanceOfDebt0.009.61B283.00M400.00M
IssuanceOfCapitalStock966.00M584.00M135.00M293.00M
CapitalExpenditure-6.43B-6.26B-5.70B-4.50B
InterestPaidSupplementalData1.25B1.05B1.02B1.43B
IncomeTaxPaidSupplementalData1.20B1.30B2.18B763.00M
EndCashPosition2.05B2.16B1.46B1.03B
BeginningCashPosition2.16B1.46B1.03B2.80B
ChangesInCash-111.00M693.00M438.00M-1.78B
FinancingCashFlow-4.84B3.84B-4.89B-13.71B
CashFromDiscontinuedFinancingActivities-9.00M-5.00M-4.00M0.00
CashFlowFromContinuingFinancingActivities-4.83B3.85B-4.89B-13.71B
NetOtherFinancingCharges-453.00M-360.00M-129.00M-241.00M
CashDividendsPaid-1.59B-1.45B-1.36B-1.18B
NetPreferredStockIssuance0.000.00-1.66B0.00
PreferredStockPayments0.000.00-1.66B0.00
NetCommonStockIssuance966.00M557.00M-1.66B-2.81B
CommonStockPayments0.00-27.00M-1.80B-3.10B
CommonStockIssuance966.00M584.00M135.00M293.00M
NetIssuancePaymentsOfDebt-3.75B5.10B-68.00M-9.48B
NetLongTermDebtIssuance-3.75B5.10B-68.00M-9.48B
LongTermDebtPayments-3.75B-4.51B-351.00M-9.88B
LongTermDebtIssuance0.009.61B283.00M400.00M
InvestingCashFlow-5.80B-14.59B-6.98B-4.87B
CashFromDiscontinuedInvestingActivities-1.12B-769.00M-517.00M0.00
CashFlowFromContinuingInvestingActivities-4.68B-13.82B-6.46B-4.87B
NetOtherInvestingChanges2.31B1.77B425.00M-259.00M
NetBusinessPurchaseAndSale-566.00M-9.33B-1.19B-116.00M
PurchaseOfBusiness-280.00M-9.12B-990.00M-431.00M
CapitalExpenditureReported-6.43B-6.26B-5.70B-4.50B
OperatingCashFlow10.53B11.44B12.31B16.81B
CashFromDiscontinuedOperatingActivities926.00M920.00M2.07B0.00
CashFlowFromContinuingOperatingActivities9.61B10.52B10.23B16.81B
ChangeInWorkingCapital-1.07B75.00M140.00M-1.32B
ChangeInOtherWorkingCapital-305.00M472.00M66.00M-185.00M
ChangeInOtherCurrentAssets-13.00M-335.00M-119.00M
ChangeInPayablesAndAccruedExpense-964.00M-540.00M-423.00M-478.00M
ChangeInInventory12.00M-27.00M-84.00M-230.00M
ChangeInReceivables190.00M170.00M581.00M-432.00M
ChangesInAccountReceivables252.00M-116.00M931.00M-97.00M
OtherNonCashItems267.00M348.00M-932.00M76.00M
AssetImpairmentCharge21.00M355.00M209.00M0.00
DeferredTax127.00M-265.00M54.00M-1.64B
DeferredIncomeTax127.00M-265.00M54.00M-1.64B
DepreciationAmortizationDepletion7.53B6.95B6.45B6.93B
OperatingGainsLosses356.00M-23.00M-381.00M-527.00M
EarningsLossesFromEquityInvestments619.00M-83.00M141.00M-219.00M
GainLossOnInvestmentSecurities-308.00M-192.00M
GainLossOnSaleOfBusiness-308.00M-192.00M
NetIncomeFromContinuingOperations2.37B3.08B4.70B13.30B
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