Occidental
- Revenue$26 BFY, 2021
- Market Capitalization$59.7 B2022-05-19
OverviewSuggest Edit
Occidental Petroleum is an international oil and gas exploration and production company. Its principal businesses consist of 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 (NGL), and natural gas. The chemical segment (OxyChem) mainly manufactures and markets basic chemicals and vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil, condensate, NGL, natural gas, carbon dioxide (CO2), and power. It also trades around its assets, including transportation and storage capacity. Additionally, the midstream and marketing segment invests in entities that conduct similar activities.
| Type | Public | |
| Founded | 1920 | |
| HQ | Houston, TX, US | Map |
| Website | oxy.com | |
| Employee Ratings | ||
| Overall Culture | A- | More |
Recent NewsAll News
- Berkshire Hathaway buys about $52 million of Occidental Petroleum stock
- Berkshire Buys More Occidental Stock, Boosting Bet on Oil Giant
- Is This Stock A Better Pick Over Occidental Petroleum?
- Thinking about trading options or stock in Occidental Petroleum, Charles Schwab, Freeport-McMoRan, Burlington Stores, or Arch Resources?
Key People/Management at Occidental
Vicki A Hollub
Director, President and Chief Executive Officer, Director
Robert Peterson
Senior Vice President and Chief Financial Officer
Marcia E. Backus
Senior Vice President, General Counsel and Chief Compliance Officer
Christopher Champion
Vice President, Chief Accounting Officer and Controller
Yanni Charalambous
Vice President, Chief Information Officer
Jeff Bennett
President, U.S. Onshore Resources and Carbon Management, Commercial Development
Occidental Office Locations
Occidental has offices in Houston, Berwyn, Dallas, Lisle and in 10 other locations
Houston, TX, US (HQ)
5 Greenway Plaza, Suite 110
Berwyn, PA, US
1055 Westlakes Drive, Suite 300
Dallas, TX, US
14555 Dallas Pkwy #400
Lisle, IL, US
3030 Warrenville Rd
Midland, TX, US
6001 Deauville Blvd
The Woodlands, TX, US
10077 Grogans Mill Rd #225
Occidental Financials and Metrics
Occidental Revenue
Occidental's revenue was reported to be $25.96 b in FY, 2021 which is a 45.7% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 8.3b |
Gross profit (Q1, 2022) | 5.5b |
Gross profit margin (Q1, 2022), % | 66% |
Net income (Q1, 2022) | 4.9b |
Market capitalization (19-May-2022) | 59.7b |
Closing stock price (19-May-2022) | 64.0 |
Cash (31-Dec-2021) | 2.8b |
Occidental's current market capitalization is $59.7 b.
Annual
Annual
Annual
| USD | FY, 2018 |
|---|---|
Debt/Equity | 0.5 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.1 x |
Occidental Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
Oil Average Sales Price, $/bbl | $60.64 | $52.62 | $58.91 | $56.26 | $56.09 | $47.08 | $23.17 | $38.67 | $37.41 | $55.65 |
NGL Average Sales Price, $/bbl | $26.25 | $18.14 | $18 | $14.96 | $17.06 | $12.82 | $7.79 | $14.85 | $12.58 | $23.44 |
Gas Average Sales Price, $/mcf | $1.62 | $1.55 | $1.03 | $1.38 | $1.45 | $1.32 | $1.1 | $1.31 | $1.31 | $2.36 |
Oil Sales Volumes (United States), Mbbl/d | 250 | 277 | 289 | 486 | 425 | 662 | 603 | 508 | 561 | 488 |
Occidental Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Anadarko Petroleum | August 08, 2019 | $55 b |
| Phibro | October 09, 2009 | |
| Vintage Petroleum | October 14, 2005 | |
| Laguna Petroleum Corp. | June 24, 2002 | |
| ARCO Long Beach | April 24, 2000 | $68 m |
| Altura Energy | March 20, 2000 | |
| Cain Chemical | April 15, 1998 | |
| Elk Hills Field | October 06, 1997 | $3.5 b |
| INDSPEC Chemical Corporation | January 01, 1996 | |
| 1PointFive, Inc. |
Occidental Revenue Breakdown
Occidental revenue breakdown by business segment: 19.4% from Chemical, 10.6% from Midstream and Marketing and 70.0% from Oil and Gas
Occidental Cybersecurity Score
Occidental Environment, Social & Governance (ESG) Ratings
Occidental Online and Social Media Presence
14.82k Twitter followers
Occidental has 14.82k Twitter Followers. The number of followers has increased 1.1% month over month and increased 2.6% quarter over quarter
Occidental's Trends
Twitter Engagement Stats for @WeAreOxy
667
Tweets
81
Following
14.8k
Followers
16
Tweets last 30 days
9.5
Avg. likes per Tweet
100%
Tweets with engagement
Occidental Company Culture
Overall Culture
A-
74/100
CEO Rating
B+
74/100
Compensation
A+
82/100
Diversity
A
78/100
Occidental News and Updates
May 13, 2022
Berkshire Hathaway buys about $52 million of Occidental Petroleum stock
Warren Buffett's holding company Berkshire Hathaway Inc. acquired 901,768 shares of Occidental Petroleum in two purchases this week valued at a combined $52 million, according to a filing. Berkshire Hathaway bought 716,355 shares at $57.32 a share on Tuesday, and then acquired 185,419 shares at a …
May 05, 2022
Berkshire Buys More Occidental Stock, Boosting Bet on Oil Giant
Berkshire Buys More Occidental Stock, Boosting Bet on Oil Giant
April 28, 2022
Is This Stock A Better Pick Over Occidental Petroleum?
With rising production numbers and benchmark oil prices, both companies reported strong growth figures in 2021.
April 18, 2022
Thinking about trading options or stock in Occidental Petroleum, Charles Schwab, Freeport-McMoRan, Burlington Stores, or Arch Resources?
NEW YORK, April 18, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for OXY, SCHW, FCX, BURL, and ARCH. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
April 12, 2022
Thinking about trading options or stock in Burlington Stores, Occidental Petroleum, Kohl's, Tesla, or Twitter?
NEW YORK, April 12, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BURL, OXY, KSS, TSLA, and TWTR. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
April 06, 2022
Stocks making the biggest moves midday: JetBlue, Eli Lilly, Occidental Petroleum and more
These are the stocks posting the largest moves in midday trading.
Occidental Frequently Asked Questions
When was Occidental founded?
Occidental was founded in 1920.
Who are Occidental key executives?
Occidental's key executives are Vicki A Hollub, Robert Peterson and Marcia E. Backus.
How many employees does Occidental have?
Occidental has 11,678 employees.
What is Occidental revenue?
Latest Occidental annual revenue is $26 b.
What is Occidental revenue per employee?
Latest Occidental revenue per employee is $2.2 m.
Who are Occidental competitors?
Competitors of Occidental include Pemex, Williams Companies and Pioneer Natural Resources.
Where is Occidental headquarters?
Occidental headquarters is located at 5 Greenway Plaza, Suite 110, Houston.
Where are Occidental offices?
Occidental has offices in Houston, Berwyn, Dallas, Lisle and in 10 other locations.
How many offices does Occidental have?
Occidental has 16 offices.
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