Occidental Petroleum (OXY)

Company Profile

Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. It is one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Its midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Its chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Its Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow its business while reducing emissions. It is committed to using its global leadership in carbon management to advance a lower-carbon world.

Company profile

Ticker

OXY

Exchange

NYSE

Website

www.oxy.com

CEO

Vicki Hollub

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Crude Petroleum and Natural Gas Extraction

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Chesapeake Energy • Devon Energy • Marathon Oil • EOG Resources • Murphy Oil • Pressburg • Ovintiv • California Resources • Pioneer Natural Resources ...

SEC CIK

0000797468

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

1PointFive International, LLC • 1PointFive P1, LLC • 1PointFive P2, LLC • 1PointFive USA, LLC • 1PointFive, LLC • 4374607 Nova Scotia Company • Amarok Gathering, LLC • Anadarko 20-25 Company • Anadarko 20-36 Company • Anadarko 20-47 Company ...

IRS number

954035997

OXY stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$70.33

Low target

$61.00

High target

$85.00

Latest filings (excl ownership)

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8-K

Submission of Matters to a Vote of Security Holders

9 May 23

Annual report (amended)

9 May 23

8-K

Occidental Announces 1st Quarter 2023 Results

9 May 23

PX14A6G

Letter to shareholders

19 Apr 23

ARS

2022 FY

Annual report to shareholders

23 Mar 23

DEFA14A

Additional proxy soliciting materials

23 Mar 23

Occidental Announces 4th Quarter 2022 Results

27 Feb 23

Transcripts

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OXY

Earnings call transcript

2022 Q3

9 Nov 22

OXY

Earnings call transcript

2022 Q2

3 Aug 22

OXY

Earnings call transcript

2022 Q1

11 May 22

OXY

Earnings call transcript

2022 Q4

28 Feb 22

OXY

Earnings call transcript

2021 Q4

25 Feb 22

OXY

Earnings call transcript

2021 Q3

5 Nov 21

OXY

Earnings call transcript

2021 Q2

4 Aug 21

OXY

Earnings call transcript

2021 Q1

11 May 21

OXY

Earnings call transcript

2020 Q4

23 Feb 21

OXY

Earnings call transcript

2020 Q3

10 Nov 20

Latest ownership filings

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AVEDICK BARUYR POLADIAN

10 May 23

Claire ONeill

10 May 23

Financial summary

Financial statements Chart OXY financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.22 bn	1.22 bn	1.22 bn	1.22 bn	1.22 bn	1.22 bn
Cash burn (monthly)	(no burn)	61.08 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	133.10 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	1.08 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	17.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

OXY institutional ownership history Ownership history

78.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1121	1178	-4.8%
Opened positions	136	223	-39.0%
Closed positions	193	124	+55.6%
Increased positions	371	473	-21.6%
Reduced positions	475	344	+38.1%

13F shares	Current	Prev Q	Change
Total value	43.49 tn	47.52 tn	-8.5%
Total shares	696.40 mm	775.57 mm	-10.2%
Total puts	21.32 mm	36.93 mm	-42.3%
Total calls	25.21 mm	31.31 mm	-19.5%
Total put/call ratio	0.8	1.2	-28.3%

Largest owners	Shares	Value	Change
BRK.A Berkshire Hathaway	211.71 mm	$13.22 tn	+8.9%
Dodge & Cox	92.16 mm	$5.75 tn	-14.2%
Vanguard	59.47 mm	$3.71 tn	-2.7%
BLK Blackrock	47.42 mm	$2.96 tn	-5.7%
STT State Street	46.94 mm	$2.94 tn	-3.6%
FMR	26.15 mm	$1.63 tn	-10.5%
Geode Capital Management	13.04 mm	$812.11 bn	-1.4%
MS Morgan Stanley	8.85 mm	$552.71 bn	-3.3%
NTRS Northern Trust	8.62 mm	$538.22 bn	-4.6%
Dimensional Fund Advisors	7.82 mm	$488.41 bn	-6.6%

Largest transactions	Shares	Bought/sold	Change
BRK.A Berkshire Hathaway	211.71 mm	+17.36 mm	+8.9%
Icahn Carl C Et Al	0.00	-16.41 mm	EXIT
Dodge & Cox	92.16 mm	-15.20 mm	-14.2%
GQG Partners	499.03 k	-14.32 mm	-96.6%
MFN Partners Management	0.00	-5.69 mm	EXIT
Aequim Alternative Investments	0.00	-5.38 mm	EXIT
Aristeia Capital	0.00	-4.53 mm	EXIT
D. E. Shaw & Co.	2.09 mm	-3.57 mm	-63.1%
FMR	26.15 mm	-3.08 mm	-10.5%
Hudson Bay Capital Management	0.00	-2.96 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

OXY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.3026	2,203,753	128.48 mm	221,990,942
26 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.8545	1,500,306	88.30 mm	219,787,189
25 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.753	956,750	56.21 mm	218,286,883
18 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.1144	1,217,945	70.78 mm	217,330,133
17 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.6597	614,020	36.02 mm	216,112,188
16 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.2203	1,625,257	94.62 mm	215,498,168
15 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	58.4611	993,494	58.08 mm	213,872,911
12 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	57.9383	370,062	21.44 mm	212,879,417
11 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	57.8209	645,247	37.31 mm	212,509,355
11 May 23	Berkshire Hathaway	Common Stock	Buy	Acquire P	Yes	No	56.7976	156,989	8.92 mm	211,864,108