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Occidental Petroleum
(NYSE:OXY)
Occidental Petroleum (OXY) vs. SPDR S&P 500 ETF (SPY)
Occidental Petroleum Business Overview & Revenue Model
Occidental Petroleum Key Performance Indicators (KPIs)
Provides a breakdown of operating income across different business segments, revealing which areas are most profitable and where the company might focus its strategic efforts.
Main Street DataOccidental Petroleum Earnings Call Summary
Occidental Petroleum Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.24B | 27.10B | 28.33B | 36.25B | 25.96B | 17.14B |
| Gross Profit | 9.43B | 9.65B | 9.74B | 17.05B | 7.60B | 441.00M |
| EBITDA | 12.48B | 12.72B | 14.54B | 22.16B | 13.89B | -6.14B |
| Net Income | 2.37B | 3.04B | 4.67B | 13.22B | 2.31B | -14.83B |
Balance Sheet | ||||||
| Total Assets | 84.36B | 85.44B | 74.01B | 72.61B | 75.04B | 80.06B |
| Cash, Cash Equivalents and Short-Term Investments | 2.34B | 2.13B | 1.43B | 984.00M | 2.76B | 2.01B |
| Total Debt | 24.17B | 27.10B | 20.91B | 20.77B | 30.39B | 37.30B |
| Total Liabilities | 48.18B | 50.97B | 43.66B | 42.52B | 54.71B | 61.49B |
| Stockholders Equity | 35.72B | 34.16B | 30.25B | 30.09B | 20.33B | 18.57B |
Cash Flow | ||||||
| Free Cash Flow | 4.80B | 4.42B | 6.06B | 12.46B | 7.56B | 1.42B |
| Operating Cash Flow | 12.15B | 11.44B | 12.31B | 16.81B | 10.43B | 3.96B |
| Investing Cash Flow | -13.64B | -14.59B | -6.98B | -4.87B | -1.25B | -819.00M |
| Financing Cash Flow | 1.96B | 3.84B | -4.89B | -13.71B | -8.57B | -4.52B |
Occidental Petroleum Technical Analysis
Occidental Petroleum Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $57.88B | 10.30 | 19.63% | 3.72% | -5.42% | -20.52% | |
| ― | $30.20B | 10.21 | 8.33% | 6.64% | 15.31% | 58.83% | |
| ― | $41.58B | 10.03 | 13.55% | 2.72% | 51.78% | -27.29% | |
| ― | $20.32B | 7.17 | 20.60% | 2.93% | 10.98% | -19.25% | |
| ― | $17.81B | 11.20 | 11.42% | 3.73% | 16.56% | 20.21% | |
| ― | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
| ― | $39.95B | 23.99 | 6.98% | 2.32% | -1.66% | -58.96% |
Occidental Petroleum Corporate Events
On October 1, 2025, Occidental Petroleum promoted Richard A. Jackson to Chief Operating Officer, where he will oversee global oil and gas operations, low-carbon technologies, and other key functions. Jackson, who has been with Occidental since 2003, has a proven track record in leadership roles and is expected to enhance shareholder value through his focus on operational and technological advancements.
The most recent analyst rating on (OXY) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Occidental Petroleum stock, see the OXY Stock Forecast page.
On October 1, 2025, Occidental Petroleum‘s subsidiaries, Occidental Chemical Holding, LLC and Environmental Resource Holdings, LLC, entered into an agreement to sell Occidental Chemical Corporation (OxyChem) to Berkshire Hathaway for $9.7 billion in an all-cash transaction. The deal, which includes customary adjustments and conditions, will see Berkshire Hathaway acquire all equity interests in OxyChem, with Occidental retaining certain environmental liabilities. The transaction is subject to regulatory approvals and other closing conditions, with a potential closing deadline of March 30, 2026, extendable by 90 days if necessary.
The most recent analyst rating on (OXY) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Occidental Petroleum stock, see the OXY Stock Forecast page.
On October 2, 2025, Occidental Petroleum announced a definitive agreement for Berkshire Hathaway to acquire its chemical business, OxyChem, for $9.7 billion in an all-cash transaction. This strategic move is expected to strengthen Occidental’s financial position by reducing debt and focusing on its core oil and gas operations, while Berkshire Hathaway gains a robust portfolio of chemical assets. The transaction is anticipated to close in the fourth quarter of 2025, pending regulatory approvals.
The most recent analyst rating on (OXY) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on Occidental Petroleum stock, see the OXY Stock Forecast page.
Occidental Petroleum Corp.’s recent earnings call painted a picture of resilience and strategic advancement, despite facing challenges from lower oil prices and oversupply issues in its OxyChem segment. The company emphasized its strong operational performance, significant debt reduction, and progress in low carbon ventures, showcasing its preparedness for future growth.
Occidental Petroleum Corporation is a prominent player in the energy sector, primarily engaged in the exploration and production of oil and gas, as well as chemical manufacturing. Headquartered in Houston, Texas, the company is known for its strategic acquisitions and focus on sustainable energy solutions.
On August 1, 2024, Occidental Petroleum Corporation completed the acquisition of CrownRock, L.P. for approximately $12.4 billion. This strategic move, involving cash, stock, and debt assumption, aims to enhance Occidental’s operational capabilities and market presence. The pro forma financial statements, prepared to illustrate the impact of the acquisition, show adjustments to Occidental’s historical financial data, reflecting the expected ongoing influence on the company’s results. However, these statements do not account for potential cost savings or synergies from the integration.
The most recent analyst rating on (OXY) stock is a Hold with a $54.00 price target. To see the full list of analyst forecasts on Occidental Petroleum stock, see the OXY Stock Forecast page.