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
Current SymbolNYSE:OXY
Previous Symbol
CUSIP67459910
Phone713-215-7000
Debt
Debt-to-Equity Ratio0.47
Current Ratio1.33
Quick Ratio1.21
Price-To-Earnings
Trailing P/E Ratio74.92
Forward P/E Ratio12.87
P/E Growth2.1
Sales & Book Value
Annual Sales$13.27 billion
Price / Sales3.79
Cash Flow$6.2434 per share
Price / Cash Flow10.68
Book Value$26.88 per share
Price / Book2.48
Profitability
EPS (Most Recent Fiscal Year)$0.89
Net Income$1.31 billion
Net Margins22.19%
Return on Equity15.43%
Return on Assets7.43%
Miscellaneous
Employees11,000
Outstanding Shares755,030,000
Market Cap$49.39 billion
OptionableOptionable
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, October 18th. Investors of record on Monday, December 10th will be given a dividend of $0.78 per share on Tuesday, January 15th. This represents a $3.12 annualized dividend and a dividend yield of 4.68%. The ex-dividend date is Friday, December 7th. 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 Monday, November, 5th. The oil and gas producer reported $1.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.26. The oil and gas producer earned $6.18 billion during the quarter, compared to analysts' expectations of $4.60 billion. Occidental Petroleum had a return on equity of 15.43% and a net margin of 22.19%. The company's quarterly revenue was up 98.9% on a year-over-year basis. During the same quarter last year, the company posted $0.18 EPS. View Occidental Petroleum's Earnings History.
When is Occidental Petroleum's next earnings date?
What price target have analysts set for OXY?
22 Wall Street analysts have issued 12 month price targets for Occidental Petroleum's stock. Their forecasts range from $71.00 to $105.00. On average, they anticipate Occidental Petroleum's stock price to reach $88.4375 in the next twelve months. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Price Targets for Occidental Petroleum.
What is the consensus analysts' recommendation for Occidental Petroleum?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 7 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Occidental Petroleum.
Has Occidental Petroleum been receiving favorable news coverage?
Press coverage about OXY stock has trended somewhat positive on Friday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Occidental Petroleum earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
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), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), EOG Resources (EOG), ENI (E), Ecopetrol (EC), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), Anadarko Petroleum (APC), Concho Resources (CXO), Pioneer Natural Resources (PXD), 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)
Who are Occidental Petroleum's major shareholders?
Occidental Petroleum's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.27%), Vanguard Group Inc (8.27%), BlackRock Inc. (6.96%), Capital World Investors (3.10%), Bank of New York Mellon Corp (1.44%) and Dodge & Cox (1.31%). 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 institutional investors are selling Occidental Petroleum stock?
OXY stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Epoch Investment Partners Inc., Federated Investors Inc. PA, Mitsubishi UFJ Trust & Banking Corp, Capital International Investors, Prudential Financial Inc., Credit Suisse AG and FMR LLC. View Insider Buying and Selling for Occidental Petroleum.
Which institutional investors are buying Occidental Petroleum stock?
OXY stock was bought by a variety of institutional investors in the last quarter, including Dodge & Cox, Dodge & Cox, Capital World Investors, BlackRock Inc., Swedbank, Vanguard Group Inc, Vanguard Group Inc. and Morgan Stanley. 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 $66.68.
How big of a company is Occidental Petroleum?
Occidental Petroleum has a market capitalization of $49.39 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.
What is Occidental Petroleum's official website?
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.
