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Occidental Petroleum Corporation is an international oil and gas exploration and production company. The Company's exploration and production activities are concentrated in three geographic regions: the United States, Middle East region and Latin America. In each of these regions, Oxy focuses on long-lived, “legacy” oil and gas assets with long-term production growth potential.

The Company's subsidiary, Occidental Chemical Corporation (OxyChem), is a manufacturer of polyvinyl chloride (PVC) resins, chlorine and caustic soda – key building blocks for a variety of indispensable products such as plastics, pharmaceuticals and water treatment chemicals.

TypePublic
Founded1920
HQHouston, US
Websiteoxy.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)11,000
Job Openings298
Revenue (FY, 2018)$17.8 B(+43%)
Share Price (Mar 2019)$65.2 (-2%)

Key People/Management at Occidental Petroleum

Edward Lowe

Edward Lowe

EVP
Vicki Hollub

Vicki Hollub

President, Chief Executive Officer & Director
Oscar Brown

Oscar Brown

Senior VP-Corporate Strategy & Development
Jennifer Kirk

Jennifer Kirk

Chief Accounting Officer, VP & Controller
Anthony Cottone

Anthony Cottone

Senior Director-Investor Relations
Richard Jackson

Richard Jackson

Vice President-Investor Relations
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Occidental Petroleum Office Locations

Occidental Petroleum has offices in Houston, Washington and Farmers Branch
Houston, US (HQ)
5 E Greenway Plaza #110
Farmers Branch, US
5005 Lyndon B Johnson Fwy #370
Washington, US
1701 Pennsylvania Ave NW #800
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Occidental Petroleum Financials and Metrics

Occidental Petroleum Revenue

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Occidental Petroleum's revenue was reported to be $17.82 b in FY, 2018
USD

Revenue (FY, 2018)

17.8b

Gross profit (FY, 2018)

11.3b

Gross profit margin (FY, 2018), %

63.2%

Net income (FY, 2018)

4.1b

Market capitalization (22-Mar-2019)

48.9b

Closing stock price (22-Mar-2019)

65.2

Cash (31-Dec-2018)

3.0b

EV

56.2b
Occidental Petroleum's current market capitalization is $48.9 b.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

21.9b12.5b10.1b12.5b17.8b

Revenue growth, %

(19%)

Cost of goods sold

6.8b5.8b5.2b5.6b6.6b

Gross profit

15.1b6.7b4.9b6.9b11.3b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

6.1b6.3b6.0b3.5b3.1b2.1b2.5b2.6b3.0b3.1b3.0b3.8b4.1b5.2b

Cost of goods sold

3.2b3.3b3.4b10.0m1.4b1.3b1.2b1.3b1.4b1.5b1.4b1.4b1.5b1.8b

Gross profit

2.9b3.0b2.6b3.5b1.7b842.0m1.3b1.3b1.5b1.6b1.6b2.4b2.6b3.4b

Gross profit Margin, %

47%47%44%100%55%40%51%49%52%51%55%64%64%66%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.4b3.2b2.2b1.7b3.0b

Inventories

1.2b986.0m866.0m1.2b1.3b

Current Assets

11.3b9.4b8.4b8.3b9.9b

PP&E

31.6b32.3b31.2b31.4b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

2.3b2.4b2.9b2.8b2.5b3.2b3.8b3.2b1.5b2.2b1.8b1.6b1.4b3.0b

Accounts Receivable

5.2b5.8b5.0b4.0b3.5b2.8b3.1b3.5b4.3b3.9b3.7b5.2b5.5b6.0b

Inventories

1.3b1.3b1.4b1.1b1.1b997.0m906.0m927.0m1.0b920.0m1.0b1.1b1.3b1.0b

Current Assets

10.9b10.8b10.5b11.0b10.5b8.2b9.0b8.7b8.2b8.1b7.0b8.9b11.0b11.1b
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

5.9b(7.8b)(574.0m)1.3b4.1b

Accounts Payable

500.0m(2.0b)603.0m43.0m195.0m

Cash From Operating Activities

12.9b3.4b3.4b5.0b7.7b

Cash From Investing Activities

(8.2b)(5.4b)(4.7b)(3.2b)(3.2b)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

1.4b2.8b4.0b(42.0m)(2.7b)78.0m(61.0m)(302.0m)117.0m624.0m814.0m708.0m1.6b3.4b

Cash From Operating Activities

2.7b5.6b8.2b1.4b2.4b689.0m1.8b2.5b652.0m2.5b3.6b1.0b2.8b5.2b

Cash From Investing Activities

(2.4b)(4.1b)(6.8b)(3.9b)(5.1b)(637.0m)(1.3b)(2.0b)(819.0m)(1.4b)(2.3b)(971.0m)(2.3b)(1.7b)

Long-term Borrowings

(500.0m)(500.0m)(500.0m)
USDY, 2018

EV/CFO

7.3 x

EV/FCF

20.9 x

Revenue/Employee

1.6m

Financial Leverage

2.1 x
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Occidental Petroleum Online and Social Media Presence

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Occidental Petroleum News and Updates

Occidental Petroleum adjusted profit surges

Oil and gas producer Occidental Petroleum Corp reported a jump in quarterly adjusted profit on Tuesday, helped by higher output from its Permian basin assets.

Occidental Petroleum Announces 4th Quarter and Full Year 2018 Results

HOUSTON, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced its fourth quarter and full year 2018 results. The announcement, financial schedules and accompanying slides can be accessed via the Investor Relations section of the company’s website, oxy.com. …

UAE's ADNOC awards Occidental Petroleum onshore exploration block

Abu Dhabi National Oil Co. (ADNOC) said on Saturday it awarded the U.S.-based Occidental Petroleum an onshore block, known as Onshore Block 3.

Occidental Petroleum sees 2019 capex range of $4.4-$5.3 bln

Oil and gas producer Occidental Petroleum Corp said on Monday it expects its 2019 capital expenditure to range between $4.4 billion and $5.3 billion, based on the price of U.S. crude oil throughout the year.

Occidental Petroleum to Announce Fourth Quarter Results Tuesday, February 12, 2019; Hold Conference Call Wednesday, February 13, 2019

HOUSTON, Jan. 04, 2019 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) will announce its fourth quarter 2018 financial results after close of market on Tuesday, February 12, 2019, and will hold a conference call to discuss results on Wednesday, February 13, 2019, at 12 p.m. Eastern…

UPDATE 1-Oman signs exploration agreements with Occidental Petroleum

Oman signed on Sunday two agreements giving a unit of Occidental Petroleum the rights to explore for oil and natural gas in concessions 51 and 65, the oil ministry of the sultanate said in a tweet.
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Occidental Petroleum Frequently Asked Questions

  • When was Occidental Petroleum founded?

    Occidental Petroleum was founded in 1920.

  • Who are Occidental Petroleum key executives?

    Occidental Petroleum's key executives are Edward Lowe, Vicki Hollub and Oscar Brown.

  • How many employees does Occidental Petroleum have?

    Occidental Petroleum has 11,000 employees.

  • What is Occidental Petroleum revenue?

    Latest Occidental Petroleum annual revenue is $17.8 b.

  • What is Occidental Petroleum revenue per employee?

    Latest Occidental Petroleum revenue per employee is $1.6 m.

  • Who are Occidental Petroleum competitors?

    Competitors of Occidental Petroleum include Saudi Aramco, ConocoPhillips and Seplat Petroleum Development Company.

  • Where is Occidental Petroleum headquarters?

    Occidental Petroleum headquarters is located at 5 E Greenway Plaza #110, Houston.

  • Where are Occidental Petroleum offices?

    Occidental Petroleum has offices in Houston, Washington and Farmers Branch.

  • How many offices does Occidental Petroleum have?

    Occidental Petroleum has 3 offices.