Occidental Petroleum (OXY) Earnings Report, Financial Results, Financial analysis

Occidental Petroleum Corp reported II. Quarter net loss per share of $-9.12 compare to earnings per share of $0.84 in the same quarter a year ago a decrease compare to $-2.49 realized in previous quarter.

*II. Quarter*
Earnings Per Share	Revenues
$ -9.12	$ 2,928 Mill
$-9.96	$-1,492M -33.76 %

Occidental Petroleum's Revenue fell by -33.76 % in II. Quarter (Jun 30 2020) year on year, to $2,928 million and declined by -54.32 % sequentially.

Occidental Petroleum is Expected to report next financial results on November 04, 2020.

More on OXY's Income Statement

Sales Growth by Division


	• Oil & Gas -55.85% Y/Y, • Chemical -18.18% Y/Y, • Midstream & marketing -36.19% Y/Y

OXY's Segments

OXY's NET INCOME

Occidental Petroleum's in II. Quarter recorded net loss of $-8,131 million, compare to net income of $635 million achieved in II. Quarter a year ago.

Sequentially net loss advanced

More on OXY's Growth

Occidental Petroleum Income Growth by Division

• Oil & Gas 8.16% Y/Y,
• Chemical 65% Y/Y

Inventories declined by -6.64 % to $1,477.00 million from II. Quarter a year ago, sequentially inventories rose by 2.86 %. In II. Quarter company's net cash and cash equivalents decreased by $-1,151 million, capital expenditures grew by -68.46%, to $-382 millions compare to same quarter a year ago and rose by -70.46% from I. Quarter (Mar 31 2020).

More on OXY's Cash flow Statement

Earnings quality

Occidental Petroleum Corp payed out dividend of $2.38 per share in last 52 weeks

In trailing twelve-month period Occidental Petroleum Corp earned $ 6.67 cash per share, on a free-cash flow basis .

Book value fell by -26.99 % sequentially to $25.49 per share, -66.29% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 14.83 per share from $ 24.02.

Company issued 19.51 million shares or 2.18 % in II. Quarter.

• More on OXY's Dividends

Market Capitalization (Millions)	13,665
Shares Outstanding (Millions)	916
Total Debt (Millions $)	38,494
Revenue (TTM) (Millions $)	21,222
Net Income (TTM) (Millions $)	-11,932
Cash Flow (TTM) (Millions $)	-538
Capital Exp. (TTM) (Millions $)	-5,560
Dividend TTM ($)	2.38 $
Dividend Yield TTM (%)	0.27 %
Employees (TTM) $	11,700

Earnings quality

• More on OXY's Balance Sheets

Market Capitalization (Millions)	13,665
Shares Outstanding (Millions)	916
Total Debt (Millions $)	38,494
Revenue (TTM) (Millions $)	21,222
Net Income (TTM) (Millions $)	-11,932
Cash Flow (TTM) (Millions $)	-538
Capital Exp. (TTM) (Millions $)	-5,560
Dividend TTM ($)	2.38 $
Dividend Yield TTM (%)	0.27 %
Employees (TTM) $	11,700

Operating Statistics	Decrease / Increase

• View Annual Report

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Occidental Petroleum Corp

OXY's Financial Statements and Analysis