OCCIDENTAL PETROLEUM CORP /DE/

10-K & 10-Q Filings

Occidental Petroleum Corporation (Occidental) is a company in the energy sector. Its business involves the exploration, development, production, and marketing of oil and natural gas, as well as the production and marketing of chemical products. Occidental's business strategy is to deliver sustainable and reliable energy to the world while reducing its carbon footprint. The company operates through three business segments: Oil and Gas, Chemical, and Midstream and Marketing. Its Oil and Gas segment explores for, develops, and produces oil and natural gas. The Chemical segment produces and markets basic chemicals, vinyls, and other performance chemicals. The Midstream and Marketing segment gathers, processes, transports, and markets natural gas, natural gas liquids, and other commodities. Occidental's website is <https://www.oxy.com>, and its ticker symbol is OXY.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$23939.00
24172.00
24455.00
19312.00
12480.00
10090.00
12508.00
17824.00
20393.00
17809.00
25956.00
36634.00
28257.00
1.39%-22.87%Cost of Revenue (-)
$
2791.00
2408.00
2772.00
3273.00
3116.00
-4.80%Gross Profit (+)
$
17602.00
15401.00
23184.00
33361.00
25141.00
-24.64%Selling, General & Administrative (-)
$605.00
680.00
749.00
550.00
343.00
277.00
311.00
439.00
707.00
1486.00
1868.00
2493.00
1087.00
5.00%-56.40%Depreciation & Amortization (-)
$3591.00
4511.00
5347.00
4261.00
4544.00
4268.00
4002.00
3977.00
5981.00
8097.00
8447.00
6926.00
6865.00
5.55%-0.88%Non-recurring Operating Expenses (-)
$
1647.00
339.00
153.00
89.00
26.00
-70.79%Operating Expenses (-)
$5977.00
7138.00
6978.00
6464.00
6193.00
4607.00
4395.00
4526.00
10006.00
10938.00
11785.00
10995.00
10064.00
4.44%-8.47%Costs & Expenses (Total) (-)
$5977.00
7138.00
6978.00
6464.00
6193.00
4607.00
4395.00
4526.00
15358.00
14741.00
8447.00
17555.00
15189.00
8.08%-13.48%Operating Income/Loss (+)
$10077.00
7027.00
7712.00
893.00
-9892.00
-2026.00
614.00
4946.00
13007.00
5895.00
-4.37%-54.68%Non-operating Income/Expense (+)
$382.00
363.00
1570.00
331.00
208.00
181.00
357.00
331.00
606.00
-53.00
753.00
1110.00
534.00
2.83%-51.89%Earnings before Tax (+)
$10459.00
7390.00
9282.00
1224.00
-9684.00
-1845.00
971.00
5277.00
-234.00
-31357.00
6657.00
14117.00
6429.00
-3.97%-54.46%Tax Expense (-)
$4201.00
-3118.00
-3755.00
1685.00
-1330.00
-662.00
17.00
1477.00
693.00
-2172.00
915.00
813.00
1733.00
-7.11%113.16%Income/Loss (Continuing Operations) (+)
$6640.00
4635.00
5922.00
-130.00
-8146.00
-1002.00
1311.00
4131.00
-507.00
-13533.00
2790.00
13304.00
4696.00
-2.85%-64.70%Income/Loss (Discontinued Operations) (+)
$131.00
-37.00
-19.00
760.00
317.00
428.00
-15.00
-1298.00
-468.00
Profit/Loss (+)
$6771.00
4598.00
630.00
-7829.00
-574.00
1311.00
4131.00
-522.00
-14831.00
2322.00
Net Income/Loss (NCI) (-)
$
14.00
145.00
Net Income/Loss (+)
$6771.00
4598.00
5903.00
616.00
-7829.00
-574.00
1311.00
4131.00
-985.00
-14831.00
2322.00
13304.00
4696.00
-3.00%-64.70%Preferred & Other Distributions (-)
$
318.00
844.00
800.00
800.00
923.00
15.38%Net Income/Loss (Common) (+)
$6771.00
4598.00
5903.00
616.00
-7829.00
-574.00
1311.00
4131.00
-985.00
-15675.00
1522.00
13304.00
4696.00
-3.00%-64.70%EPS (Basic)
$8.32
5.67
7.33
0.79
-10.23
-0.75
-1.22
13.41
4.22
-5.50%-68.53%EPS (Diluted)
$8.32
5.67
7.32
0.79
-10.23
-0.75
1.70
5.39
-1.22
-17.06
1.58
12.40
3.90
-6.12%-68.55%Weighted Avg Shares (Basic)
811.06
805.52
794.75
770.55
763.85
764.29
895.22
900.07
879.50
0.68%-2.29%Cash
$3781.00
1592.00
3393.00
7808.00
4394.00
2233.00
1672.00
3033.00
3512.00
2178.00
2788.00
984.00
1426.00
-7.80%44.92%Receivables
$5395.00
4916.00
5674.00
4206.00
2970.00
3989.00
4145.00
4893.00
6373.00
2115.00
4208.00
4281.00
3195.00
-4.27%-25.37%Inventory
$1069.00
1344.00
1200.00
1052.00
986.00
866.00
1246.00
1260.00
1447.00
1898.00
1846.00
2059.00
2022.00
5.45%-1.80%Prepaid Expenses (Current)
$381.00
Other Assets (Current)
$916.00
1640.00
1056.00
807.00
1052.00
1340.00
1207.00
746.00
7349.00
2628.00
1369.00
1562.00
1732.00
5.45%10.88%Assets (Current)
$11542.00
9492.00
11323.00
13873.00
9402.00
8428.00
8270.00
9932.00
18681.00
8819.00
10211.00
8886.00
8375.00
-2.64%-5.75%Securities & Long-term Investments
$2072.00
1894.00
1459.00
1565.00
1434.00
1401.00
1515.00
1680.00
6389.00
3250.00
2938.00
3176.00
3224.00
3.75%1.51%Property, Plant & Equipment (Net)
$45684.00
52064.00
55821.00
39730.00
31639.00
32337.00
31174.00
31437.00
80469.00
65889.00
59930.00
58384.00
58529.00
2.09%0.25%Accumulated Depreciation
$23687.00
28032.00
-33231.00
34785.00
39419.00
38956.00
39072.00
42983.00
41878.00
Other Assets
$746.00
760.00
34071.00
1091.00
962.00
943.00
1067.00
805.00
2406.00
2106.00
1957.00
2163.00
3880.00
14.73%79.38%Assets (Non-current)
$48502.00
54718.00
58120.00
42386.00
34035.00
34681.00
33756.00
33922.00
90649.00
71245.00
64825.00
63723.00
65633.00
2.55%3.00%Assets (Total)
$60044.00
64210.00
69443.00
56259.00
43437.00
43109.00
42026.00
43854.00
109330.00
80064.00
75036.00
72609.00
74008.00
1.76%1.93%Accounts Payable
$7854.00
6690.00
8434.00
8244.00
5282.00
6362.00
6900.00
7296.00
12319.00
6557.00
7945.00
7319.00
7500.00
-0.38%2.47%Debt (Current)
$
600.00
1450.00
500.00
116.00
620.00
440.00
186.00
165.00
1202.00
628.48%Other Liabilities (Current)
$93.00
110.00
2010.00
1226.00
193.00
273.00
446.00
13.96%63.37%Liabilities (Current)
$7947.00
7290.00
8434.00
8244.00
6842.00
6362.00
7400.00
7412.00
14949.00
8223.00
8324.00
7757.00
9148.00
1.18%17.93%Debt (Non-current)
$5871.00
7023.00
6939.00
6838.00
6883.00
9819.00
9328.00
10201.00
39391.00
35745.00
29431.00
19670.00
18536.00
10.05%-5.77%Other Liabilities
$8606.00
9849.00
10698.00
6218.00
5472.00
5431.00
4726.00
4887.00
20758.00
17523.00
16954.00
15097.00
15975.00
5.29%5.82%Liabilities (Non-current)
$14477.00
16872.00
17637.00
13056.00
12355.00
15250.00
14054.00
15088.00
60149.00
53268.00
46385.00
34767.00
34511.00
7.51%-0.74%Liabilities (Total)
$22424.00
24162.00
26071.00
21300.00
19087.00
21612.00
21454.00
22500.00
75098.00
61491.00
54709.00
42524.00
43659.00
5.71%2.67%Treasury Stock
$4502.00
5091.00
-6095.00
8528.00
9121.00
9143.00
9168.00
10473.00
10653.00
10665.00
10673.00
13772.00
15582.00
10.90%13.14%Retained Earnings
$35142.00
37990.00
41831.00
36067.00
25960.00
22981.00
21935.00
23750.00
20180.00
2996.00
4480.00
16499.00
19626.00
-4.74%18.95%AOCI
$-483.00
-502.00
-303.00
-357.00
-307.00
-266.00
-258.00
-172.00
-221.00
-288.00
-208.00
195.00
275.00
41.03%Shareholder's Equity
$37620.00
40048.00
43372.00
34959.00
24350.00
21497.00
20572.00
21330.00
34232.00
18573.00
20327.00
30085.00
30349.00
-1.77%0.88%Liabilities & Equity
$60044.00
64210.00
69443.00
56259.00
43437.00
43109.00
42026.00
43854.00
109330.00
80064.00
75036.00
72609.00
74008.00
1.76%1.93%Net Income/Loss
$6771.00
4598.00
5903.00
630.00
-7829.00
-574.00
1311.00
4131.00
-522.00
-14831.00
2322.00
13304.00
4696.00
-3.00%-64.70%Depreciation & Amortization
$3591.00
4511.00
5347.00
4261.00
4544.00
4268.00
4002.00
3977.00
5981.00
8097.00
8447.00
6926.00
6865.00
5.55%-0.88%Increase/Decrease in Working Capital
$-322.00
1121.00
-1095.00
-792.00
1530.00
850.00
-319.00
444.00
-1071.00
1278.00
1426.00
1325.00
-660.00
-149.81%Adjustments to Reconcile Net Income
$5510.00
6773.00
7024.00
10438.00
11180.00
3957.00
3685.00
3538.00
7897.00
18786.00
8112.00
3506.00
7612.00
2.73%117.11%Net Cash (Operating)
$12281.00
11312.00
12927.00
11068.00
3351.00
3383.00
4996.00
7669.00
7375.00
3955.00
10434.00
16810.00
12308.00
0.02%-26.78%Capital Expenditure
$7518.00
10226.00
-9037.00
8930.00
5272.00
2717.00
3599.00
4975.00
6355.00
2535.00
2870.00
4497.00
6270.00
-1.50%39.43%Net Cash (Investing)
$-9903.00
-12655.00
-8193.00
-8470.00
-5423.00
-4742.00
-3214.00
-3206.00
-29027.00
-819.00
-1253.00
-4872.00
-6980.00
-43.27%Increase/Decrease in Debt
$588.00
1736.00
690.00
-107.00
1478.00
1493.00
478.00
13598.00
-1980.00
-6834.00
-9484.00
-22.00
99.77%Increase/Decrease in Equity
$-224.00
-498.00
973.00
-2467.00
-556.00
14.00
3.00
-1215.00
9791.00
122.00
23.00
-2806.00
-1709.00
39.09%Dividends Paid
$1557.00
2128.00
-1553.00
2210.00
2264.00
2309.00
2346.00
2374.00
2624.00
1845.00
839.00
1184.00
1365.00
-1.09%15.29%Net Cash (Financing)
$-1175.00
-846.00
-2933.00
-2202.00
1484.00
391.00
-2343.00
-3102.00
22193.00
-4516.00
-8572.00
-13715.00
-4890.00
64.35%Increase/Decrease in Cash
$1203.00
-2189.00
1801.00
396.00
-588.00
-968.00
-561.00
1361.00
541.00
-1380.00
609.00
-1777.00
438.00
-8.07%124.65%Cash (Beginning)
$2578.00
3781.00
1592.00
3393.00
3789.00
3201.00
2233.00
1672.00
3033.00
3574.00
2194.00
2803.00
1026.00
-7.39%-63.40%Cash (Ending)
$3781.00
1592.00
3393.00
3789.00
3201.00
2233.00
1672.00
3033.00
3574.00
2194.00
2803.00
1026.00
1464.00
-7.60%42.69%NOPAT
$6029.44
4062.16
4592.14
-336.33
-11250.57
-2752.94
624.75
3561.64
12257.93
4305.94
-2.77%-64.87%Gross Margin %
86.31%
86.48%
89.32%
91.07%
88.97%
Operating Margin %
42.09%
29.07%
31.54%
4.62%
-79.26%
-20.08%
4.91%
27.75%
35.51%
20.86%
NOPAT Margin %
25.19%
16.81%
18.78%
-1.74%
-90.15%
-27.28%
4.99%
19.98%
33.46%
15.24%
Net Margin %
28.28%
19.02%
24.14%
3.19%
-62.73%
-5.69%
10.48%
23.18%
-4.83%
-83.28%
8.95%
36.32%
16.62%
Tax Rate %
40.17%
42.19%
40.45%
137.66%
-13.73%
-35.88%
-1.75%
27.99%
296.15%
-6.93%
13.74%
5.76%
26.96%
ROA
10.04%
6.33%
6.61%
-0.60%
-25.90%
-6.39%
1.49%
8.12%
16.88%
5.82%
ROE
16.03%
10.14%
10.59%
-0.96%
-46.20%
-12.81%
3.04%
16.70%
40.74%
14.19%
ROIC
12.82%
7.63%
8.10%
-0.87%
-35.71%
-8.65%
2.02%
11.10%
21.04%
7.50%
Asset Turnover
0.40
0.38
0.35
0.34
0.29
0.23
0.30
0.41
0.19
0.22
0.35
0.50
0.38
Inventory Turnover
1.93
1.27
1.50
1.59
1.54
Equity Multiplier
1.60
1.60
1.60
1.61
1.78
2.01
2.04
2.06
3.19
4.31
3.69
2.41
2.44
Current Ratio
1.45
1.30
1.34
1.68
1.37
1.32
1.12
1.34
1.25
1.07
1.23
1.15
0.92
Quick Ratio
1.15
0.89
1.08
1.46
1.08
0.98
0.79
1.07
0.66
0.52
0.84
0.68
0.51
Debt/Equity Ratio
0.16
0.19
0.16
0.20
0.34
0.46
0.48
0.48
1.17
1.95
1.46
0.66
0.65
Working Capital/Sales
0.06
0.05
0.04
-0.05
-0.01
-0.05
-0.02
0.04
-0.17
-0.08
0.02
-0.00
-0.04
Dividend Payout Ratio %
25.82%
52.39%
-33.82%
657.08%
20.12%
83.87%
375.51%
66.65%
9.66%
31.70%
Total Payout
$1193.00
890.00
-3216.00
4784.00
1342.00
802.00
2343.00
3111.00
-20765.00
3703.00
7650.00
13474.00
3096.00
8.27%-77.02%Payout Ratio %
19.79%
21.91%
-70.03%
1422.39%
11.93%
29.13%
375.03%
87.35%
109.92%
71.90%