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Occidental Petroleum Corporation  (NYSE: OXY)
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    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy


 

Occidental Petroleum Corporation

OXY's Financial Statements and Analysis



Occidental Petroleum Corporation reported in the third quarter of 2024 net earnings per share of $0.98 a decrease by -18.33 % year on year from $1.20 and decline of -4.85 % from $1.03 earned in II. Quarter (Jun 30 2024).


third quarter of 2024
Earnings Per Share Revenues
$ 0.98 $  7,173 Mill
$-0.22     -18.33 % $+15M     +0.21 %



Occidental Petroleum's Revenue rose by 0.21 % in third quarter of 2024 (Sep 30 2024) year on year, to $7,173 million and advanced by 5.22 % sequentially.


Occidental Petroleum is

More on OXY's Income Statement



Occidental Petroleum 's net income of $1,140.000 million in the third quarter of 2024 decreased by -28.48 % from net earnings of $1,594.000 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -2.56 % from net income of $1,170.000 million realized in previous quarter.

More on OXY's Growth

Occidental Petroleum Inventories
Inventories grew by 15.19 % to $2,275 million from III. Quarter a year ago, sequentially inventories fell by -19.13 %. In Sep 30 2024 company's net cash and cash equivalents decreased by $-102 million, capital expenditures fell by -16193.95%, to $-1,683 millions compare to same quarter a year ago

More on OXY's Cash flow Statement


Occidental Petroleum Corporation payed out dividend of $375.99 per share in last 52 weeks representing 9,765.97 % of net earning per share in trailing twelve-month period.

During the same period Occidental Petroleum Corporation earned $ 10,772.39 cash per share, on a free-cash flow basis 279802.29 % of net earning per share.

Book value grew by 10.04 % sequentially to $33,238.17 per share, 862568.25% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 25,353.46 per share from $ 22,446.51.

Company repurchased 0.02 million shares or 1.59 % in Sep 30 2024.
Interest Coverage Ratio was 6.29. Debt Coverage Ratio was 0.32.

More on OXY's Dividends

 Market Capitalization (Millions) 54
 Shares Outstanding (Millions) 1
 Total Debt (Millions $) 26,635
 Revenue (TTM) (Millions $) 27,137
 Net Income (TTM) (Millions $) 4,735
 Cash Flow (TTM) (Millions $) 1,144
 Capital Exp. (TTM) (Millions $) -6,781
 Dividend TTM ($) 375.99 $
 Dividend Yield TTM (%) 1491.33 %
 Employees (TTM) $ 11,000




Occidental Petroleum Corporation payed out dividend of $375.99 per share in the last 52 weeks representing 9,765.97 % of net earning per share in trailing twelve-month period.

During the same period Occidental Petroleum Corporation had $ 10,772.39 cash flow per share, on a free-cash flow basis 279802.29 % of net earning per share.

Book value grew by 10.04 % sequentially to $33,238.17 per share, 862568.25% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 25,353.46 per share from $ 22,446.51.

Company repurchased 0.02 million shares or 1.59 % in Sep 30 2024.
Interest Coverage Ratio was 6.29. Debt Coverage Ratio was 0.32.

More on OXY's Balance Sheets

 Market Capitalization (Millions) 54
 Shares Outstanding (Millions) 1
 Total Debt (Millions $) 26,635
 Revenue (TTM) (Millions $) 27,137
 Net Income (TTM) (Millions $) 4,735
 Cash Flow (TTM) (Millions $) 1,144
 Capital Exp. (TTM) (Millions $) -6,781
 Dividend TTM ($) 375.99 $
 Dividend Yield TTM (%) 1491.33 %
 Employees (TTM) $ 11,000
   


  News about Occidental Petroleum Corporation Earnings

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 mo...

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...