Company research
OCCIDENTAL PETROLEUM CORP /DE/
CIK 797468Updated Sep 24, 2026
OXY price & chart
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NYSE:OXY on TradingView ↗About the company
Occidental is an international energy company that produces, markets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Occidental primarily operates in the United States, the Middle East and North Africa. To learn more, visit oxy.com.
In the news
Explosive Growth of Drone Technology in Oil & Gas is The Next Wave of Expansion Happening from The Sky ↗
Occidental Announces First Quarter 2026 Results ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
SCHEDULE 13G filing
Results of Operations and Financial Condition
Items 2.02, 9.01
11-K filing
Show 5 more recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders · Regulation FD Disclosure
Items 5.02, 5.07, 7.01, 9.01
SCHEDULE 13G - filed by VANGUARD CAPITAL MANAGEMENT LLC regarding OCCIDENTAL PETROLEUM CORP /DE/
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 84,186,000,000Source | 85,445,000,000Source | 74,008,000,000Source | 72,609,000,000Source |
| Property, Plant and EquipmentUSD | 63,643,000,000Source | — | — | — |
| GoodwillUSD | 668,000,000Source | 668,000,000Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,968,000,000Source | 2,132,000,000Source | 1,426,000,000Source | 984,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,575,000,000Source | 3,526,000,000Source | 3,195,000,000Source | 4,281,000,000Source |
| Inventory, NetUSD | 1,823,000,000Source | 2,095,000,000Source | 2,022,000,000Source | 2,059,000,000Source |
| Assets, CurrentUSD | 8,827,000,000Source | 9,070,000,000Source | 8,375,000,000Source | 8,886,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 908,000,000Source | 937,000,000Source | 1,130,000,000Source | 903,000,000Source |
| Other Assets, NoncurrentUSD | 11,716,000,000Source | 2,901,000,000Source | 2,750,000,000Source | — |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 8,287,000,000Source | 8,287,000,000Source | 8,287,000,000Source | 9,762,000,000Source |
| Common Stock, Value, IssuedUSD | 243,000,000Source | 233,000,000Source | 222,000,000Source | 220,000,000Source |
| Additional Paid in CapitalUSD | 21,008,000,000Source | 19,868,000,000Source | 17,422,000,000Source | — |
| Retained Earnings (Accumulated Deficit)USD | 21,891,000,000Source | 21,189,000,000Source | 19,626,000,000Source | 16,499,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 202,000,000Source | 179,000,000Source | 275,000,000Source | 195,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 36,034,000,000Source | 34,159,000,000Source | 30,250,000,000Source | 30,085,000,000Source |
| Additional Paid in Capital, Common StockUSD | — | — | — | 17,181,000,000Source |
| Liabilities and EquityUSD | 84,186,000,000Source | 85,445,000,000Source | 74,008,000,000Source | 72,609,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,428,000,000Source | 9,521,000,000Source | 9,148,000,000Source | 7,757,000,000Source |
| Operating Lease, Liability, CurrentUSD | 350,000,000Source | 374,000,000Source | 446,000,000Source | 273,000,000Source |
| Accounts Payable, CurrentUSD | 3,285,000,000Source | 3,753,000,000Source | 3,646,000,000Source | 4,029,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 605,000,000Source | 614,000,000Source | 727,000,000Source | 657,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 5,636,000,000Source | 5,394,000,000Source | 5,764,000,000Source | 5,512,000,000Source |
| Other Liabilities, NoncurrentUSD | — | — | 3,782,000,000Source | 3,332,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 564,000,000Source | 321,000,000Source | 99,000,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 3,592,000,000Source | 4,256,000,000Source | 3,854,000,000Source | 3,290,000,000Source |
| Deferred Tax Liabilities, NetUSD | 5,619,000,000Source | 5,374,000,000Source | 5,738,000,000Source | 5,482,000,000Source |
| Dividends Payable, CurrentUSD | 383,000,000Source | 354,000,000Source | — | — |
| Dividends PayableUSD | — | — | 307,000,000Source | 289,000,000Source |
| Long-term DebtUSD | 21,397,000,000Source | 25,323,000,000Source | 19,001,000,000Source | 19,146,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 2,369,000,000Source | 3,078,000,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 7,533,000,000Source | 7,371,000,000Source | 6,865,000,000Source | 6,926,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -12,000,000Source | 46,000,000Source | 91,000,000Source | 230,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 127,000,000Source | -461,000,000Source | 57,000,000Source | -1,644,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 10,532,000,000Source | 11,439,000,000Source | 12,308,000,000Source | 16,810,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,799,000,000Source | -14,590,000,000Source | -6,980,000,000Source | -4,872,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 6,427,000,000Source | 7,018,000,000Source | 6,270,000,000Source | 4,497,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 0Source | 27,000,000Source | 1,798,000,000Source | 3,099,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,844,000,000Source | 3,844,000,000Source | -4,890,000,000Source | -13,715,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | 1,184,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -236,000,000Source | -247,000,000Source | -233,000,000Source | -130,000,000Source |
| Repayments of Long-term DebtUSD | 3,754,000,000Source | 4,514,000,000Source | 22,000,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -111,000,000Source | 693,000,000Source | 438,000,000Source | -1,777,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,005,000,000Source | 2,157,000,000Source | 1,464,000,000Source | 1,026,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,250,000,000Source | 1,208,000,000Source | 1,099,000,000Source | 1,425,000,000Source |
| Income Taxes Paid, NetUSD | 1,236,000,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 234,000,000Source | 228,000,000Source | 217,000,000Source | 258,000,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 212,000,000Source | 234,000,000Source | 211,000,000Source | 145,000,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 262,000,000Source | 182,000,000Source | 0Source | 0Source |
| Dividends Payable, CurrentUSD | 383,000,000Source | 354,000,000Source | — | — |
| Dividends PayableUSD | — | — | 307,000,000Source | 289,000,000Source |
| Environmental Remediation ExpenseUSD | — | 76,000,000Source | 79,000,000Source | 65,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | 0Source | 0Source | 317,000,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 263,000,000Source | -60,000,000Source | 522,000,000Source | — |
| GoodwillUSD | 668,000,000Source | 668,000,000Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 2,107,000,000Source | 2,896,000,000Source | 4,696,000,000Source | 13,304,000,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 262,000,000Source | 182,000,000Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 76,000,000Source | 862,000,000Source | 534,000,000Source | 793,000,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -619,000,000Source | 79,000,000Source | -144,000,000Source | 219,000,000Source |
| Income Tax Expense (Benefit)USD | 1,021,000,000Source | 1,174,000,000Source | 1,733,000,000Source | 813,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 4,696,000,000Source | 13,304,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 43,000,000Source | 22,000,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,612,000,000Source | 2,364,000,000Source | 3,750,000,000Source | 12,421,000,000Source |
| Nonoperating Income (Expense)USD | 76,000,000Source | 862,000,000Source | 534,000,000Source | 1,110,000,000Source |
| Proceeds from Issuance of Common StockUSD | 966,000,000Source | 584,000,000Source | 135,000,000Source | 293,000,000Source |
| Proceeds from Noncontrolling InterestsUSD | 200,000,000Source | 200,000,000Source | 100,000,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 21,569,000,000Source | 27,413,000,000Source | 28,325,000,000Source | 36,234,000,000Source |
| Cost of RevenueUSD | — | 3,121,000,000Source | 3,116,000,000Source | 3,273,000,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 986,000,000Source | 1,062,000,000Source | 1,083,000,000Source | 945,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 3,128,000,000Source | 4,070,000,000Source | 6,429,000,000Source | 14,117,000,000Source |
| Income Tax Expense (Benefit)USD | 1,021,000,000Source | 1,174,000,000Source | 1,733,000,000Source | 813,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 43,000,000Source | 22,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 4,696,000,000Source | 13,304,000,000Source |
| Earnings Per Share, BasicUSD per share | 1.65Source | 2.59Source | 4.22Source | 13.41Source |
| Earnings Per Share, DilutedUSD per share | 1.61Source | 2.44Source | 3.9Source | 12.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 975,500,000Source | 911,800,000Source | 889,200,000Source | 926,200,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,000,100,000Source | 967,100,000Source | 960,900,000Source | 1,002,000,000Source |
| Additional Financial Items | ||||
| Business Combination, Acquisition Related CostsUSD | 13,000,000Source | 84,000,000Source | 26,000,000Source | 89,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.96Source | 0.88Source | 0.72Source | 0.52Source |
| Current Income Tax Expense (Benefit)USD | 894,000,000Source | 1,635,000,000Source | 1,676,000,000Source | 2,457,000,000Source |
| Environmental Remediation ExpenseUSD | — | 76,000,000Source | 79,000,000Source | 65,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | 0Source | 0Source | 317,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 2,107,000,000Source | 2,896,000,000Source | 4,696,000,000Source | 13,304,000,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.38Source | 2.39Source | 4.22Source | 13.41Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.35Source | 2.26Source | 3.9Source | 12.4Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 262,000,000Source | 182,000,000Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 76,000,000Source | 862,000,000Source | 534,000,000Source | 793,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,612,000,000Source | 2,364,000,000Source | 3,750,000,000Source | 12,421,000,000Source |
| Nonoperating Income (Expense)USD | 76,000,000Source | 862,000,000Source | 534,000,000Source | 1,110,000,000Source |
| Other Cost and Expense, OperatingUSD | 1,556,000,000Source | 1,581,000,000Source | 1,084,000,000Source | 1,271,000,000Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | 679,000,000Source | 679,000,000Source | 923,000,000Source | 800,000,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 8,000Source | 8,000Source | 8,000Source | 8,000Source |
| Taxes, MiscellaneousUSD | 1,030,000,000Source | 1,039,000,000Source | 1,087,000,000Source | 1,548,000,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 10,000,000Source | 13,000,000Source | 23,000,000Source | 83,000,000Source |
Filing attachments
ex99-1.htm · 8-K · 2026-05-04
EX-99.1 2 ex99-1.htm PRESS RELEASE Exhibit 99.1 PRESS RELEASE Occidental Announces CEO Succession Vicki Hollub to retire as President and CEO effective June 1, 2026; Occidental’s Board Names Chief Operating Officer Richard Jackson as her successor HOUSTON - May 1, 2026 - Occidental (NYSE: OXY) today announced that its Board of Directors, as part of its management succession planning, has named Senior Vice President and Chief Operating Officer Richard Jackson to succeed Vicki Hollub a…
Read attachment ↗ex4-1.htm · 8-K · 2026-03-09
EX-4.1 2 ex4-1.htm FIFTH SUPPLEMENTAL INDENTURE Exhibit 4.1 OCCIDENTAL PETROLEUM CORPORATION to THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee Fifth Supplemental Indenture Dated as of March 9, 2026 Amending and Supplementing the Indenture Dated as of August 8, 2019 FIFTH SUPPLEMENTAL INDENTURE THIS FIFTH SUPPLEMENTAL INDENTURE (this “Fifth Supplemental Indenture”), dated as of March 9, 2026, by and between Occidental Petroleum Corporation, a Delaware corporation (the “Co…
Read attachment ↗ex99-1.htm · 8-K · 2026-03-09
EX-99.1 3 ex99-1.htm PRESS RELEASE Exhibit 99.1 Occidental Announces Early Tender Results and Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes and Debentures HOUSTON - March 5, 2026 - Occidental (NYSE: OXY) today announced the early tender results, as set forth in the table below, of its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its Zero Coupon Senior Notes due 2036 (the “ 0.000% 2036 Notes ”), 6.125% Se…
Read attachment ↗ex99-2.htm · 8-K · 2026-03-09
EX-99.2 4 ex99-2.htm PRESS RELEASE Exhibit 99.2 Occidental Announces Total Consideration for its Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes and Debentures HOUSTON - March 5, 2026 - Occidental (NYSE: OXY) today announced the consideration payable in respect of its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its Zero Coupon Senior Notes due 2036 (the “ 0.000% 2036 Notes ”), 6.125% Senior Notes due 2031 (the “ 6.…
Read attachment ↗ex99-1.htm · 8-K · 2026-02-19
EX-99.1 2 ex99-1.htm PRESS RELEASE Exhibit 99.1 Occidental Announces Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes and Debentures HOUSTON - February 19, 2026 - Occidental (NYSE: OXY) today announced that it has commenced offers to purchase for cash (collectively, the “ Tender Offers ” and each a “ Tender Offer ”) its outstanding senior notes and debentures listed in the table below and Consent Solicitations (as defined below) with respect to certain series …
Read attachment ↗ef20056571_ex99-1.htm · 8-K · 2025-10-03
EX-99.1 2 ef20056571_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE Occidental Promotes Richard A. Jackson to Senior Vice President and Chief Operating Officer HOUSTON - October 2, 2025 - Occidental (NYSE: OXY) announced today that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, overseeing global oil and gas operations, low-carbon integrated technologies and the midstream and marketing and health, safety and environment f…
Read attachment ↗