Occidental Petroleum Corp header image

Occidental Petroleum Corp

OXY

Equity

ISIN US6745991058 / Valor 958611

New York Stock Exchange, Inc (2024-12-24)
USD 48.12+0.59%

Occidental Petroleum Corp
UMushroom community rating:

star star star star star
0.00 0 votes No rating yet
NegativeNeutralPositive

About company

Occidental Petroleum Corp is a leading oil and gas company that is committed to sustainability and reducing its carbon footprint. The company has set ambitious emissions reduction targets to reach net zero by 2050 and has endorsed initiatives such as the Oil & Gas Methane Partnership 2.0. In addition to its oil and gas operations, Occidental's subsidiary, OxyChem, manufactures chemical products used in various industries, including water purification, construction, automotive, and healthcare. The company also focuses on safe and sustainable manufacturing practices, as evidenced by its large-scale solar facility in Texas that powers its operations and reduces carbon intensity.

Summarized from source with an LLMView SourceSector: Energy

Latest Results (17.12.2024):

Net Income

Occidental Petroleum Corp reported net income attributable to common stockholders of $964 million for the third quarter of 2024. This translates to earnings of $0.98 per diluted share. The adjusted income for the same period was slightly higher at $977 million, or $1.00 per diluted share.

Operating Cash Flow

For the third quarter of 2024, Occidental Petroleum Corp achieved an operating cash flow of $3.8 billion. The operating cash flow before working capital adjustments was reported at $3.1 billion, highlighting strong operational performance across all segments.

Production and Sales

Occidental Petroleum Corp's total company production for the third quarter of 2024 was 1,412 thousand barrels of oil equivalent per day (Mboed), surpassing the mid-point of guidance by 22 Mboed. The Permian region led this performance, exceeding its production guidance by 30 Mboed with an average production of 729 Mboed.

Debt Reduction

In the third quarter of 2024, Occidental Petroleum Corp made significant progress in its deleveraging efforts by repaying $4.0 billion of debt. This achievement brings the company close to reaching 90% of its short-term debt reduction target.

OxyChem Performance

Occidental Petroleum Corp's chemical segment, OxyChem, reported a pre-tax income of $304 million for the third quarter of 2024. This result was modestly above the company's guidance, reflecting stable market conditions compared to the previous quarter.

Summarized from source with an LLMView Source

Key figures

-20.9%1Y
66.8%3Y
20.6%5Y

Performance

21.6%1Y
37.6%3Y
66.6%5Y

Volatility

Market cap

45228 M

Market cap (USD)

Daily traded volume (Shares)

1,171,469

Daily traded volume (Shares)

1 day high/low

48.43 / 47.3

1 day high/low (USD)

52 weeks high/low

0.00 / 0.00

52 weeks high/low (USD)

Dividend ex-date

01 January, 2022

Dividend ex-date

Dividend

0.00

Dividend (USD)

Dividend yield (p.a.)

0.00%

Dividend yield (p.a.)

0.002022
0.002023
0.002024

Est dividend (USD)

0.00%2022
0.00%2023
0.00%2024

Est dividend yield

P/E ratio

10.00

P/E ratio

00.002022
00.002023
00.002024

Est P/E ratio

EPS

0.00

EPS (USD)

0.002022
0.002023
0.002024

Est EPS (USD)

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
0.00

EQUITIES OF THE SAME SECTOR

Matador Resources Co
Matador Resources Co Matador Resources Co Valor: 13648997
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.50%USD 54.16
Shoals Technologies Group Inc
Shoals Technologies Group Inc Shoals Technologies Group Inc Valor: 59166860
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.93%USD 5.44
COSMO ENERGY HOLDINGS KK
COSMO ENERGY HOLDINGS KK COSMO ENERGY HOLDINGS KK Valor: 28234389
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.17%JPY 6,835.00
Toho Gas KK
Toho Gas KK Toho Gas KK Valor: 763602
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-0.17%JPY 4,143.00
Romande Energie Holding SA
Romande Energie Holding SA Romande Energie Holding SA Valor: 126367632
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.71%CHF 42.30
FUCHS SE
FUCHS SE FUCHS SE Valor: 113114341
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.96%EUR 31.70
PNE AG
PNE AG PNE AG Valor: 2339409
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.93%EUR 10.80
2G ENERGY AG
2G ENERGY AG 2G ENERGY AG Valor: 3300613
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.56%EUR 22.85
Parkland Corporation
Parkland Corporation Parkland Corporation Valor: 54803261
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.51%CAD 32.91
Hudbay Minerals Inc
Hudbay Minerals Inc Hudbay Minerals Inc Valor: 2027766
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-0.67%CAD 11.87