Occidental Petroleum drills for and produces oil, natural gas, and natural gas liquids across the US (Permian Basin, Gulf of Mexico), Latin America, and the Middle East. It also runs a large chemicals business (OxyChem) making chlorine and vinyl-based products, and a midstream/marketing segment that moves and sells hydrocarbons. Revenue comes primarily from selling crude oil, NGLs, and natural gas to refiners and commodity traders, with chemicals adding a more stable industrial earnings stream.
Employees10,412IPOJun 1, 1972SIC1311HQ5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
44.0%
Operating Margin
27.2%
EBITDA Margin
64.0%
Net Margin
33.5%
OCF Margin
50.7%
FCF Margin
22.1%
Returns on Capital
ROE
19.2%
ROA
8.8%
ROIC
5.7%
ROCE
8.6%
ROC (Greenblatt)
9.6%
3Y ROIIC
−68.7%
Consistency
Years Profitable / 10Y
7
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
9.66
Forward P/E
10.37
P/E ex-NRI
16.64
Shiller P/E (CAPE)
39.74
Cash Flow Multiples
P/FCF
13.12
P/OCF
5.71
P/Owner Earnings
7.26
FCF Yield
7.69%
Enterprise Value Multiples
EV / EBIT
12.82
EV / Forward EBIT
7.93
EV / EBITDA
5.83
EV / Forward EBITDA
4.55
EV / Revenue
3.74
EV / Forward Revenue
2.91
Asset / Sales
P/S
2.84
P/B
1.86
P/Tangible Book
1.86
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.61%
Forward Dividend Yield
1.80%
3Y Dividend Growth
22.7%
Payout Ratio
0.27
5Y Yield on Cost
7.55%
Buybacks & Dilution
3Y Buyback Ratio
−3.10%
5Y Share Change
8.8%
Combined
Shareholder Yield
12.39%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
0.35
Gross Debt / EBITDA
1.06
Cash / Debt
0.28
Equity / Assets
0.52
Coverage
Interest Coverage
5.74
Short-Term Liquidity
Current Ratio
1.41
Quick Ratio
1.13
Cash Ratio
0.53
Composite Scores
Piotroski F-Score
7
Altman Z-Score
1.97
Split History
Date
Split
2006-08-16
2:1
Ex-date
Amount
Pay date
2026-09-10
$0.28
2026-10-15
2026-06-10
$0.26
2026-07-15
2026-03-10
$0.26
2026-04-15
2025-12-10
$0.24
2026-01-15
2025-09-10
$0.24
2025-10-15
2025-06-10
$0.24
2025-07-15
2025-03-10
$0.24
2025-04-15
2024-12-10
$0.22
2025-01-15
2024-09-10
$0.22
2024-10-15
2024-06-10
$0.22
2024-07-15
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View allDate
Transcript
Type
2026-08-06
Q2 2026 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2026-05-06
Q1 2026 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2026-02-19
Q4 2025 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2025-11-11
Q3 2025 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2025-08-07
Q2 2025 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2025-05-08
Q1 2025 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2025-02-19
Q4 2024 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2024-11-13
Q3 2024 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2024-08-08
Q2 2024 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
2024-05-08
Q1 2024 Occidental Petroleum Corp Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis
ROE %
18.73%
×
×
Net Margin %
33.47%
×
×
Operating Margin %
27.15%
Operating Income
$5.88B
÷
Revenue
$21.67B
×
Tax Burden
1.3720
Net Income
$7.25B
÷
Pretax Income
$5.29B
×
Interest Burden
0.8987
Pretax Income
$5.29B
÷
Operating Income
$5.88B
×
Asset Turnover
0.26
÷
Revenue
$21.67B
÷
Average Total Assets
$82.36B
Begin Total Assets
$84.36B
End Total Assets
$80.36B
×
Equity Multiplier
2.13
÷
Avg Total Assets
$82.36B
÷
Avg Stockholders Equity
$38.73B
Begin Equity
$35.72B
End Equity
$41.75B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| Berkshire Hathaway Inc | 264.9M | 26.86% | 0 | $12.87B |
| Dodge & Cox | 72.8M | 7.38% | -1.3M | $3.53B |
| BlackRock, Inc. | 55.9M | 5.66% | +3.2M | $2.71B |
| VANGUARD CAPITAL MANAGEMENT LLC | 48.1M | 4.88% | +684.1K | $2.34B |
| STATE STREET CORP | 46.1M | 4.68% | +2.9M | $2.25B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 39.5M | 4.01% | +3.3M | $1.92B |
| GEODE CAPITAL MANAGEMENT, LLC | 19.9M | 2.02% | +531.8K | $962.85M |
| Invesco Ltd. | 12.7M | 1.29% | +5.2M | $619.02M |
| MORGAN STANLEY | 12.2M | 1.24% | +1.3M | $594.50M |
| AQR CAPITAL MANAGEMENT LLC | 11.5M | 1.16% | +2.8M | $557.25M |
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View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| BUFFETT WARREN E10% owner | 264.9M | 26.8631% | $16.53B |
| Hollub Vicki A.Director | 974.8K | 0.0988% | $60.81M |
| Jackson Richard A.Officer | 440.0K | 0.0446% | $27.45M |
| Dillon KennethOfficer | 372.2K | 0.0377% | $23.22M |
| Simmons Jeff FOfficer | 332.7K | 0.0337% | $20.76M |
| Peterson Robert LOfficer | 313.2K | 0.0318% | $19.54M |
| Mathew SunilOfficer | 228.7K | 0.0232% | $14.27M |
| KLESSE WILLIAM RDirector | 222.1K | 0.0225% | $13.86M |
| Kerrigan Sylvia JOfficer | 179.5K | 0.0182% | $11.20M |
| POLADIAN AVEDICK BARUYRDirector | — | — | — |
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View allRecent insider activity
through Sep 30, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Jackson Richard A.Officer | Tax Withholding | -4.1K | $228.1K | Sep 30, 2026 |
| Hollub Vicki A.Director | Gift | -90.0K | $0 | Sep 25, 2026 |
| POLLACK BRADOfficer | Grant/Award (Rule 16b-3(d)) | +26.3K | $0 | Aug 1, 2026 |
| Jackson Richard A.Officer | Open-Market or Private Purchase | +4.8K | $249.9K | Jun 23, 2026 |
| Jackson Richard A.Officer | Grant/Award (Rule 16b-3(d)) | +101.8K | $0 | Jun 1, 2026 |
| Hollub Vicki A.Director | Grant/Award (Rule 16b-3(d)) | +3.2K | $0 | Jun 1, 2026 |
| Hollub Vicki A.Director | Tax Withholding | -701 | $41.3K | Jun 1, 2026 |
| Hollub Vicki A.Director | Tax Withholding | -73.5K | $4.33M | Jun 1, 2026 |
| MOORE JACK BDirector | Grant/Award (Rule 16b-3(d)) | +6.7K | $0 | May 4, 2026 |
| MOORE JACK BDirector | Tax Withholding | -1.5K | $89.1K | May 4, 2026 |
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