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
Industry Crude petroleum & natural gas
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
SymbolNYSE:OXY
CUSIP67459910
Phone713-215-7000
Debt
Debt-to-Equity Ratio0.50
Current Ratio1.26
Quick Ratio1.11
Price-To-Earnings
Trailing P/E Ratio93.63
Forward P/E Ratio18.56
P/E Growth2.93
Sales & Book Value
Annual Sales$13.27 billion
Price / Sales4.81
Cash Flow$6.1317 per share
Price / Cash13.59
Book Value$26.88 per share
Price / Book3.10
Profitability
EPS (Most Recent Fiscal Year)$0.89
Net Income$1.31 billion
Net Margins13.47%
Return on Equity6.15%
Return on Assets3.04%
Miscellaneous
Employees11,000
Outstanding Shares765,770,000
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 announced a quarterly dividend on Thursday, May 3rd. Investors of record on Monday, June 11th will be given a dividend of $0.77 per share on Monday, July 16th. This represents a $3.08 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Friday, June 8th. View Occidental Petroleum's Dividend History.
How were Occidental Petroleum's earnings last quarter?
Occidental Petroleum Co. (NYSE:OXY) issued its quarterly earnings data on Tuesday, May, 8th. The oil and gas producer reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.21. The oil and gas producer earned $3.83 billion during the quarter, compared to analysts' expectations of $3.63 billion. Occidental Petroleum had a return on equity of 6.15% and a net margin of 13.47%. The company's quarterly revenue was up 28.4% on a year-over-year basis. During the same quarter last 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 Wall Street analysts have issued 12 month price targets for Occidental Petroleum's stock. Their forecasts range from $47.00 to $102.00. On average, they anticipate Occidental Petroleum's stock price to reach $80.2143 in the next twelve months. View Analyst Ratings for Occidental Petroleum.
Are investors shorting Occidental Petroleum?
Occidental Petroleum saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 8,978,243 shares, a drop of 28.2% from the May 15th total of 12,504,639 shares. Based on an average daily volume of 4,277,706 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.2% of the company's shares are short sold. View Occidental Petroleum's Current Options Chain.
Who are some of Occidental Petroleum's key competitors?
Some companies that are related to Occidental Petroleum include Total (TOT), PetroChina (PTR), CNOOC (CEO), EOG Resources (EOG), ENI (E), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/RED PFD sh (PBR.A), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Continental Resources (CLR), 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?
Media headlines about OXY stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Occidental Petroleum earned a media sentiment score of 0.11 on Accern's scale. They also gave news headlines about the oil and gas producer an impact score of 48.19 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Occidental Petroleum's major shareholders?
Occidental Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.71%), Barrow Hanley Mewhinney & Strauss LLC (2.46%), Franklin Resources Inc. (1.36%), Northern Trust Corp (1.28%), Epoch Investment Partners Inc. (1.28%) and Massachusetts Financial Services Co. MA (1.24%). 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 Franklin Resources Inc., First Pacific Advisors LLC, Barrow Hanley Mewhinney & Strauss LLC, Swiss National Bank, American Century Companies Inc., Prudential Financial Inc., Federated Investors Inc. PA and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling for Occidental Petroleum.
Which major investors are buying Occidental Petroleum stock?
OXY stock was purchased by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., BlackRock Inc., MUFG Securities EMEA plc, Natixis, Robeco Institutional Asset Management B.V., Summit Trail Advisors LLC, Dimensional Fund Advisors LP and Stevens Capital Management LP. 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 $83.33.
How big of a company is Occidental Petroleum?
Occidental Petroleum has a market capitalization of $63.74 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 (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.
