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Occidental Petroleum Corporation  (OXY)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $63.2000 $0.55 0.878%
Day's High: $63.43 Week Perf: 3.37 %
Day's Low: $ 62.30 30 Day Perf: 5.14 %
Volume (M): 6,798 52 Wk High: $ 67.67
Volume (M$): $ 429,608 52 Wk Avg: $60.80
Open: $62.91 52 Wk Low: $55.12



 Market Capitalization (Millions $) 76,099
 Shares Outstanding (Millions) 1,204
 Employees 11,678
 Revenues (TTM) (Millions $) 28,257
 Net Income (TTM) (Millions $) 5,619
 Cash Flow (TTM) (Millions $) 438
 Capital Exp. (TTM) (Millions $) 6,270

Occidental Petroleum Corporation

    Occidentals principal businesses consist of two industry segments. The oil and gas segment explores for, develops, produces and markets crude oil and natural gas. The chemicals segment manufactures and markets basic chemicals, vinyls and performance chemicals.

      OxyChems products are sold to industrial users or distributors located in the United States, largely by its own sales force and in certain export markets.
OxyChem sells its products at current market or market-related prices through short- and long-term sales agreements.
     No significant portion of OxyChems business is dependent on a single third-party customer. OxyChem generally does not manufacture its products against a backlog of firm orders.
 

 As a producer of crude oil and natural gas, Occidental competes with numerous other domestic and foreign producers. Crude oil and natural gas are commodities that are sensitive to prevailing global conditions of supply and demand and are sold at "spot" or contract prices or on futures markets to refiners and other market participants. Occidental competes by developing and producing its worldwide oil and gas reserves cost-effectively and acquiring contracts to explore in areas with known oil and gas deposits. Occidental also competes by increasing production through enhanced oil recovery projects in mature and underdeveloped fields and making strategic acquisitions. Occidental focuses on operations in its core areas of the United States, the Middle East and Latin America.
 

    Occidentals chemical business competes with numerous producers. Since most of OxyChems products are commodity in nature, they compete primarily on the basis of price. Because OxyChems products generally do not occupy proprietary positions, OxyChem endeavors to be an efficient, low-cost producer.



   Company Address: 5 Greenway Plaza Houston, 77046 TX
   Company Phone Number: 215-7000   Stock Exchange / Ticker: NYSE OXY
    Next quarterly dividend pay out on April 15, 2024.


Customers Net Income grew by OXY's Customers Net Profit Margin grew to

25.73 %

7.12 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
CTRA        0.15% 
EOG        2.26% 
EQT   -3.24%    
PXD        3.52% 
SWN   -0.14%    
• View Complete Report
   



Dividend

Occidental Increases Dividend Amidst Market Volatility and Declining Stock Performance

Published Thu, Feb 8 2024 5:30 PM UTC


HOUSTON, Feb. 08, 2024 - Occidental Petroleum Corporation (NYSE: OXY) has taken a proactive stance by announcing an increase in their regular quarterly dividend, despite the recent decline in stock performance. The Board of Directors has declared a dividend of $0.22 per share, payable on April 15, 2024, to stockholders of record as of March 8, 2024. This marks a signifi...

Merger and Acquisition

Occidental Petroleum Expands Dominance in Permian Basin with Strategic Acquisition of CrownRock

Published Mon, Dec 11 2023 12:01 PM UTC

Occidental Petroleum Corporation, a leading international oil and gas exploration and production company, has announced its plans to acquire CrownRock, further enhancing its U.S. onshore portfolio with the addition of premier Permian Basin assets. This strategic move aligns with Occidental's commitment to maximize shareholder value through efficient and responsible operation...

Occidental Petroleum Corporation

Occidental Petroleum Corporation Reports Sharp Decline in Revenue in Recent Fiscal Quarter

Occidental Petroleum Corporation, one of the largest oil and gas companies in the United States, recently released its financial results for the most recent fiscal period. Unfortunately, the company's income took a significant downturn, with a sharp decline of -81.84% to $0.63 per share compared to $3.47 per share from the previous year. Additionally, income also faded by -37% from $1.00 per share from the prior quarter.
These disappointing figures were reflected in the company's revenue as well, which experienced a decrease of -37.224% to $6.70 billion from $10.68 billion in the same quarter of the previous year. Sequentially, revenue deteriorated by -7.239% from $7.23 billion. The net income for the most recent fiscal period amounted to $1,115.000 million, declining by -71.81% from $3,955.000 million in the corresponding period a year before.

Occidental Petroleum Corporation

Occidental Petroleum Corporation Faces Steep -13.463% Revenue Decrease amidst Challenging Business Environment in Fiscal Q1 of 2023

Occidental Petroleum Corporation, a multinational oil and gas exploration and production company headquartered in the United States, recently released its financial report for the first quarter of 2023. According to the report, the company's earnings per share (EPS) dropped significantly by -78.49% from $4.65 per share to $1.00 per share in the same reporting period a year ago. However, the EPS showed some improvement by soaring 50.79% from $0.66 per share observed in the prior reporting period.
The company's revenue also saw a considerable decline of -13.463% to $7.23 billion from $8.35 billion in the same reporting period a year ago and sequentially deteriorated by -12.094% from $8.22 billion. Moreover, the net earnings of Occidental Petroleum Corporation fell by -68.36% from $4,876.000 million recorded in the corresponding period a year before to $1,543.000 million in the current quarter.






 

Occidental Petroleum's Segments
 
Oil & Gas
 Segment     of total Revenue
Chemical
 Segment     of total Revenue
Midstream & marketing
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Occidental Petroleum does not provide revenue guidance.

Earnings Outlook
Occidental Petroleum Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
Qatar
Colombia
Oman
Other

Occidental Petroleum's Operating Statistics Decrease / Increase
       
Crude oil (MBP/D)   Crude oil  (MBP/D) Decline   
Natural gas Production (MMCF/D)   Natural gas Production (MMCF/D) Decline   
Crude oil per barrel Avg. Price ($)   Crude oil per barrel Avg. Price ($)  Decline   
Natural gas per (MCF) Avg. Price ($)   Natural gas per (MCF) Avg. Price ($) Decline   
Total Production Barrels of Oil Equivalent (MBOE/D)   Total Production Barrels of Oil Equivalent (MBOE/D) Decline   
NGL (MBP/D)   NGL (MBP/D) Decline   




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