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. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; operates a crude oil export terminal; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
SymbolNYSE:OXY
CUSIP67459910
Phone713-215-7000
Debt
Debt-to-Equity Ratio0.49
Current Ratio1.36
Quick Ratio1.19
Price-To-Earnings
Trailing P/E Ratio89.54
Forward P/E Ratio16.32
P/E Growth2.55
Sales & Book Value
Annual Sales$13.27 billion
Price / Sales4.59
Cash Flow$6.1944 per share
Price / Cash12.86
Book Value$26.88 per share
Price / Book2.96
Profitability
EPS (Most Recent Fiscal Year)$0.89
Net Income$1.31 billion
Net Margins15.36%
Return on Equity9.68%
Return on Assets4.71%
Miscellaneous
Employees11,000
Outstanding Shares764,720,000
Market Cap$60.24 billion
Occidental Petroleum (NYSE:OXY) Frequently Asked Questions
What is Occidental Petroleum's stock symbol?
Occidental Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "OXY."
How often does Occidental Petroleum pay dividends? What is the dividend yield for Occidental Petroleum?
Occidental Petroleum declared a quarterly dividend on Thursday, July 12th. Stockholders of record on Monday, September 10th will be given a dividend of $0.78 per share on Monday, October 15th. This represents a $3.12 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, September 7th. This is a boost from Occidental Petroleum's previous quarterly dividend of $0.77. View Occidental Petroleum's Dividend History.
How were Occidental Petroleum's earnings last quarter?
Occidental Petroleum Co. (NYSE:OXY) announced its quarterly earnings results on Wednesday, August, 8th. The oil and gas producer reported $1.10 EPS for the quarter, missing the Zacks' consensus estimate of $1.21 by $0.11. The oil and gas producer earned $4.13 billion during the quarter, compared to the consensus estimate of $4.13 billion. Occidental Petroleum had a net margin of 15.36% and a return on equity of 9.68%. The company's quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 EPS. View Occidental Petroleum's Earnings History.
When is Occidental Petroleum's next earnings date?
What price target have analysts set for OXY?
18 analysts have issued 1 year target prices for Occidental Petroleum's stock. Their predictions range from $47.00 to $102.00. On average, they expect Occidental Petroleum's stock price to reach $82.50 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Occidental Petroleum.
What is the consensus analysts' recommendation for Occidental Petroleum?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Occidental Petroleum.
Who are some of Occidental Petroleum's key competitors?
Some companies that are related to Occidental Petroleum include Total (TOT), PetroChina (PTR), PETROLEO BRASIL/ADR (PBR), CNOOC (CEO), EOG Resources (EOG), ENI (E), PETROLEO BRASIL/S (PBR.A), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY) and Sasol (SSL).
Who are Occidental Petroleum's key executives?
Occidental Petroleum's management team includes the folowing people:
- Ms. Vicki A. Hollub, Pres, CEO & Director (Age 58)
- Mr. Cedric W. Burgher CFA, Sr. VP & CFO (Age 57)
- Ms. Marcia E. Backus, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 64)
- Mr. Edward Arthur Lowe, Exec. VP & Group Chairman of Middle East (Age 67)
- Mr. Glenn M. Vangolen, Sr. VP of Bus. Support (Age 59)
Has Occidental Petroleum been receiving favorable news coverage?
News coverage about OXY stock has trended somewhat positive on Tuesday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Occidental Petroleum earned a news impact score of 0.13 on Accern's scale. They also gave news coverage about the oil and gas producer an impact score of 46.59 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Occidental Petroleum.
Who are Occidental Petroleum's major shareholders?
Occidental Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.64%), Bank of New York Mellon Corp (1.45%), Macquarie Group Ltd. (1.19%), Epoch Investment Partners Inc. (1.11%), Massachusetts Financial Services Co. MA (1.04%) and Standard Life Aberdeen plc (0.99%). Company insiders that own Occidental Petroleum stock include Cedric W Burgher, Stephen I Chazen, Vicki A Hollub and William R Klesse. View Institutional Ownership Trends for Occidental Petroleum.
Which major investors are selling Occidental Petroleum stock?
OXY stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., American Century Companies Inc., Federated Investors Inc. PA, Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Epoch Investment Partners Inc., Macquarie Group Ltd. and Flossbach Von Storch AG. View Insider Buying and Selling for Occidental Petroleum.
Which major investors are buying Occidental Petroleum stock?
OXY stock was bought by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, FMR LLC, Charles Schwab Investment Advisory Inc., AGF Investments Inc., ClariVest Asset Management LLC, Robeco Institutional Asset Management B.V., Miller Howard Investments Inc. NY and Adams Asset Advisors LLC. Company insiders that have bought Occidental Petroleum stock in the last two years include Cedric W Burgher, Vicki A Hollub and William R Klesse. View Insider Buying and Selling for Occidental Petroleum.
How do I buy shares of Occidental Petroleum?
Shares of OXY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Occidental Petroleum's stock price today?
One share of OXY stock can currently be purchased for approximately $79.66.
How big of a company is Occidental Petroleum?
Occidental Petroleum has a market capitalization of $60.24 billion and generates $13.27 billion in revenue each year. The oil and gas producer earns $1.31 billion in net income (profit) each year or $0.89 on an earnings per share basis. Occidental Petroleum employs 11,000 workers across the globe.
How can I contact Occidental Petroleum?
Occidental Petroleum's mailing address is 5 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046. The oil and gas producer can be reached via phone at 713-215-7000 or via email at [email protected]
MarketBeat Community Rating for Occidental Petroleum (NYSE OXY)
MarketBeat's community ratings are surveys of what our community members think about Occidental Petroleum and other stocks. Vote "Outperform" if you believe OXY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OXY will underperform the S&P 500 over the long term. You may vote once every thirty days.
