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, OXY-WT
Exchange
Website
CEO
Vicki Hollub
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1PointFive P1, LLC • 1PointFive P2, LLC • 1PointFive, Inc. • 4374607 Nova Scotia Company • Administradora General Delta Centro, S.A. • Amarok Gathering, LLC • Anadarko 20-25 Company • Anadarko 20-36 Company • Anadarko 20-47 Company • Anadarko 20-48 Company ...
IRS number
954035997
OXY stock data
Analyst ratings and price targets
Current price
Average target
$71.00
Low target
$65.00
High target
$80.00
Raymond James
Maintains
$80.00
Morgan Stanley
Maintains
$71.00
Barclays
Maintains
$70.00
Wells Fargo
Maintains
$67.00
Piper Sandler
Maintains
$69.00
Citigroup
Maintains
$75.00
Credit Suisse
Maintains
$65.00
Latest filings (excl ownership)
8-K
Claire O'Neill Elected to Occidental Board of Directors
20 Jan 23
8-K
Results of Operations and Financial Condition
4 Jan 23
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
Occidental Announces 3rd Quarter 2022 Results
8 Nov 22
8-K
Departure of Directors or Certain Officers
30 Sep 22
10-Q
2022 Q2
Quarterly report
2 Aug 22
8-K
Occidental Announces 2nd Quarter 2022 Results
2 Aug 22
S-3ASR
Automatic shelf registration
29 Jul 22
8-K
Occidental Announces Cash Tender Offers for Certain of its Senior Notes
16 May 22
8-K
Submission of Matters to a Vote of Security Holders
11 May 22
Transcripts
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
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
OXY
Earnings call transcript
2020 Q2
11 Aug 20
Latest ownership filings
4
Claire ONeill
20 Jan 23
3
Claire ONeill
20 Jan 23
4
JACK B MOORE
3 Nov 22
4
Sylvia J Kerrigan
5 Oct 22
3
Sylvia J Kerrigan
5 Oct 22
4
WARREN E BUFFETT
28 Sep 22
SC 13G/A
BERKSHIRE HATHAWAY INC
9 Sep 22
4
WARREN E BUFFETT
8 Aug 22
SC 13D/A
Western Midstream Partners, LP
26 Jul 22
4
Western Midstream Partners, LP
25 Jul 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 1.28 bn | 1.28 bn | 1.28 bn | 1.28 bn | 1.28 bn | 1.28 bn |
Cash burn (monthly) | 40.67 mm | 84.58 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 167.91 mm | 349.24 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.11 bn | 929.76 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 27.3 | 11.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
72.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1072 |
Opened positions | 158 |
Closed positions | 120 |
Increased positions | 372 |
Reduced positions | 355 |
13F shares | Current |
---|---|
Total value | 40.81 bn |
Total shares | 662.67 mm |
Total puts | 27.42 mm |
Total calls | 31.81 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
BRK.A Berkshire Hathaway | 194.35 mm | $11.94 bn |
Dodge & Cox | 94.98 mm | $5.84 bn |
Vanguard | 61.81 mm | $3.80 bn |
BLK Blackrock | 49.74 mm | $3.06 bn |
FMR | 26.43 mm | $1.62 bn |
GQG Partners | 15.22 mm | $935.17 mm |
Geode Capital Management | 13.91 mm | $855.05 mm |
NTRS Northern Trust | 9.34 mm | $574.02 mm |
MS Morgan Stanley | 9.12 mm | $560.55 mm |
Dimensional Fund Advisors | 8.58 mm | $527.59 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Jan 23 | Claire ONeill | Common Stock | Payment of exercise | Dispose F | No | No | 64.42 | 311 | 20.03 k | 724 |
18 Jan 23 | Claire ONeill | Common Stock | Grant | Acquire A | No | No | 0 | 1,035 | 0.00 | 1,035 |
2 Nov 22 | Jack B Moore | Common Stock | Payment of exercise | Dispose F | No | No | 71.1 | 93 | 6.61 k | 50,763 |
2 Nov 22 | Jack B Moore | Common Stock | Grant | Acquire A | No | No | 0 | 422 | 0.00 | 50,856 |
3 Oct 22 | Sylvia J Kerrigan | Common Stock | Grant | Acquire A | No | No | 0 | 40,587 | 0.00 | 40,587 |
News
10 Energy Stocks With Whale Alerts In Today's Session
26 Jan 23
Raymond James Maintains Strong Buy on Occidental Petroleum, Lowers Price Target to $80
26 Jan 23
Morgan Stanley Maintains Equal-Weight on Occidental Petroleum, Lowers Price Target to $71
24 Jan 23
Barclays Maintains Overweight on Occidental Petroleum, Lowers Price Target to $70
23 Jan 23
This Is What Whales Are Betting On Occidental Petroleum
13 Jan 23
Press releases
Claire O'Neill Elected to Occidental Board of Directors
23 Jan 23
Claire O'Neill Elected to Occidental Board of Directors
20 Jan 23
Occidental to Announce Fourth Quarter Results Monday, February 27, 2023; Hold Conference Call Tuesday, February 28, 2023
11 Jan 23
Occidental to Announce Fourth Quarter Results Monday, February 27, 2023; Hold Conference Call Tuesday, February 28, 2023
10 Jan 23
1PointFive announces agreement with Houston Texans to purchase carbon removal credits and become the team's Preferred Carbon Removal Partner
6 Jan 23