OCCIDENTAL PETROLEUM CORP /DE/ OXY

Energy SIC 1311 - Crude Petroleum & Natural Gas NAICS Mining, Quarrying, and Oil and Gas Extraction › Oil and Gas Extraction derived NYSE

In this Form 10-K, "Occidental" refers to Occidental Petroleum Corporation, a Delaware corporation; "the Company," "it," and "our" refer to Occidental and/or one or more entities in which it owns a controlling interest (subsidiaries). Occidental's executive offices are located at 5 Greenway Plaza, Suite 110, Houston, Texas 77046; telephone (713) 215-7000.

The Company is an international energy company recognized for its premier diversified assets, primarily situated in the United States, the Middle East and North Africa. The Company's distinguished operational capabilities support sustainable value creation for shareholders. The Company ranks among the largest oil and gas producers in the U.S., holding leading positions in the Permian and DJ Basins as well as offshore Gulf of America, and is the largest independent oil producer in Oman. Our midstream and marketing segment ensures flow assurance and optimizes the value of oil and gas operations. Additionally, Oxy Low Carbon Ventures, a subsidiary within the midstream and marketing segment, focuses on advancing innovative decarbonization technologies and solutions—including direct air capture, carbon sequestration and lithium development to advance the Company's growth opportunities while reducing overall emissions and delivering the energy and products the world needs.

Last close 64.17 2026-10-23
Market cap $64.15B 2026-06-30 share count
52-week range 38.80 - 67.45

Valuation FY2025 figures against the last close

P/S3.0x
P/E39.9x
P/FCF15.6x
EV/EBITDA—
Dividend yield—
Diluted EPS1.61

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $21.57B$22.71B$23.23B$36.23B$25.96B$17.13B$19.19B$17.82B$12.51B$10.09B
Cost of revenue —$3.12B$3.12B$3.27B$2.77B$2.41B$2.79B$2.83B$2.94B—
Gross profit —$19.59B$20.11B$32.96B$23.19B$14.72B$16.40B$14.99B$9.57B—
SG&A $986.0M$960.0M$987.0M$945.0M$863.0M$864.0M$893.0M$585.0M——
Pre-tax income $3.13B$4.02B$4.66B$14.12B$3.71B-$15.71B$354.0M$5.61B$1.33B-$1.66B
Income tax $1.02B$1.16B$1.33B$813.0M$915.0M$2.17B$861.0M$1.48B$17.0M$662.0M
Net income $2.37B$3.08B$4.70B$13.30B$2.32B-$14.83B-$522.0M$4.13B$1.31B-$574.0M
EPS, basic 1.652.594.2213.411.62-17.06-1.225.401.71-0.75
EPS, diluted 1.612.443.9012.401.58-17.06-1.225.391.70-0.75
Shares, diluted (wtd. avg.) 1.00B967.1M960.9M1.00B958.8M918.7M809.5M763.3M765.9M763.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.97B$2.12B$1.45B$1.01B$2.80B$2.19B$3.57B$3.03B$1.67B$2.23B
Receivables $2.58B$2.84B$3.19B$4.28B$4.21B$2.12B$4.23B$4.89B$4.14B$3.99B
Inventory $1.82B$1.76B$2.02B$2.06B$1.85B$1.90B$1.58B$1.26B$1.25B$866.0M
Total current assets $8.83B$9.07B$8.38B$8.89B$10.21B$8.82B$14.63B$9.93B$8.27B$8.43B
Property, plant and equipment ——————$80.47B$31.44B$31.17B$32.34B
Goodwill $668.0M$668.0M————————
Total assets $84.19B$85.44B$74.01B$72.61B$75.04B$80.06B$107.19B$42.16B$42.03B$43.11B
Accounts payable $3.29B$3.47B$3.65B$4.03B$3.90B$2.99B$4.91B$4.88B$4.41B$3.93B
Short-term debt —————$440.0M$51.0M$116.0M$500.0M—
Total current liabilities $9.43B$9.52B$9.15B$7.76B$8.32B$8.22B$12.71B$7.41B$7.40B$6.36B
Long-term debt $21.40B$25.32B$19.00B$19.15B$29.03B$35.83B$38.54B$10.20B$9.33B$9.82B
Retained earnings $21.89B$21.19B$19.63B$16.50B$4.48B$3.00B$20.18B$23.75B$21.93B$22.98B
Total equity $36.03B$34.16B$30.35B$30.09B$20.33B$18.57B$34.23B$21.33B$20.57B$21.50B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $10.53B$11.44B$12.31B$16.81B$10.43B$3.96B$7.38B$7.67B$4.86B$3.38B
Depreciation and amortisation $7.53B$6.95B$6.45B$6.93B$8.45B$8.10B$6.14B$3.98B$4.00B$4.27B
Capital expenditure $6.43B$6.26B$5.70B$4.50B$2.87B$2.54B$6.37B$4.97B$3.60B$2.72B
Investing cash flow -$5.80B-$14.59B-$6.98B-$4.87B-$1.25B-$819.0M-$29.03B-$3.21B-$3.08B-$4.74B
Financing cash flow -$4.84B$3.84B-$4.89B-$13.71B-$8.57B-$4.52B$22.19B-$3.10B-$2.34B-$802.0M
Dividends paid ———$1.18B$839.0M$1.84B$2.62B$2.37B$2.35B$2.31B
Buybacks $0$27.0M$1.80B$3.10B$8.0M$12.0M$237.0M$1.25B$25.0M$22.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009059.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -20B 0 20B 40B Revenue, FY2016: 10.1B Net income, FY2016: -574M Revenue, FY2017: 12.5B Gross profit, FY2017: 9.6B Net income, FY2017: 1.3B Revenue, FY2018: 17.8B Gross profit, FY2018: 15B Net income, FY2018: 4.1B Revenue, FY2019: 19.2B Gross profit, FY2019: 16.4B Net income, FY2019: -522M Revenue, FY2020: 17.1B Gross profit, FY2020: 14.7B Net income, FY2020: -14.8B Revenue, FY2021: 26B Gross profit, FY2021: 23.2B Net income, FY2021: 2.3B Revenue, FY2022: 36.2B Gross profit, FY2022: 33B Net income, FY2022: 13.3B Revenue, FY2023: 23.2B Gross profit, FY2023: 20.1B Net income, FY2023: 4.7B Revenue, FY2024: 22.7B Gross profit, FY2024: 19.6B Net income, FY2024: 3.1B Revenue, FY2025: 21.6B Net income, FY2025: 2.4B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $10.09B $12.51B $17.82B $19.19B $17.13B $25.96B $36.23B $23.23B $22.71B $21.57B
Gross profit — $9.57B $14.99B $16.40B $14.72B $23.19B $32.96B $20.11B $19.59B —
Net income -$574.0M $1.31B $4.13B -$522.0M -$14.83B $2.32B $13.30B $4.70B $3.08B $2.37B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 1311

TickerCompanyMarket capP/ERevenue growth
EOG EOG RESOURCES INC $85.51B 17.9x -4.5%
FANG Diamondback Energy, Inc. $57.62B 35.9x 35.8%
DVN DEVON ENERGY CORP/DE $56.53B 12.3x 5.4%
EQT EQT Corp $34.80B 16.8x 63.9%
EXE EXPAND ENERGY Corp $22.30B 12.3x 186.3%
PR Permian Resources Corp $21.35B 19.9x 1.3%
OVV Ovintiv Inc. $19.91B 15.1x -3.1%
APA APA Corp $18.18B 13.0x —