OverviewSuggest Edit
Occidental Petroleum Corporation is an international oil and gas exploration and production company. Its principal businesses consist of three segments. 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 | More | |
| Overall Culture | A- | More |
Recent NewsAll News
- Occidental Announces Early Tender Results of and Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes
- Occidental to Announce Second Quarter Results Tuesday, August 3, 2021; Hold Conference Call Wednesday, August 4, 2021
- Occidental Petroleum Stock Fully Valued?
- Morgan Stanley upgrades Occidental on higher oil prices, predicts 40% gain
Key People/Management at Occidental
Vicki A. Hollub
Robert Palmer
Robert Peterson
Kenneth Dillon
Marcia E. Backus
Edward A. Lowe
Occidental Office Locations
Occidental Financials and Metrics
Occidental Revenue
| USD | |
|---|---|
Revenue (Q1, 2021) | 5.3b |
Gross profit (Q1, 2021) | 3.0b |
Gross profit margin (Q1, 2021), % | 57.4% |
Net income (Q1, 2021) | (146.0m) |
Market capitalization (22-Jul-2021) | 25.4b |
Closing stock price (22-Jul-2021) | 27.0 |
Cash (31-Mar-2021) | 2.3b |
EV | 60.1b |
| USD | FY, 2018 |
|---|---|
EV/CFO | 7 x |
EV/FCF | 19.9 x |
Revenue/Employee | 1.6m |
Debt/Equity | 0.5 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.1 x |
P/E Ratio | 11.4 |
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: 12.1% from Midstream and Marketing, 67.1% from Oil and Gas and 20.8% from Chemical
Occidental revenue breakdown by geographic segment: 79.2% from United States, 15.5% from Middle East and 5.3% from Other
Occidental Cybersecurity Score
Occidental Environment, Social & Governance (ESG) Ratings
Occidental Online and Social Media Presence
13.85k Twitter followers
Occidental has 13.85k Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.4% quarter over quarter
Occidental's Trends
Twitter Engagement Stats for @WeAreOxy
551
Tweets
54
Following
13.8k
Followers
21
Tweets last 30 days
8.4
Avg. likes per Tweet
100%
Tweets with engagement
Occidental Company Culture
Overall Culture
A-
74/100
CEO Rating
A+
83/100
Compensation
A+
86/100
Diversity
A
77/100
Occidental News and Updates
Occidental Announces Early Tender Results of and Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes
Occidental to Announce Second Quarter Results Tuesday, August 3, 2021; Hold Conference Call Wednesday, August 4, 2021
Occidental Petroleum Stock Fully Valued?
Morgan Stanley upgrades Occidental on higher oil prices, predicts 40% gain
Occidental Petroleum hones in on divestment goal with $508M deal
Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage for $508 Million and Reaffirms 2021 Capital and Production Guidance
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 Palmer and Robert Peterson.
How many employees does Occidental have?
Occidental has 11,800 employees.
What is Occidental revenue?
Latest Occidental annual revenue is $17.8 b.
What is Occidental revenue per employee?
Latest Occidental revenue per employee is $1.5 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 E Greenway Plaza #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 15 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies