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Occidental Petroleum (OXY)

(Delayed Data from NYSE)

$50.53 USD

50.53
13,703,894

-0.68 (-1.33%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $50.46 -0.07 (-0.14%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 13% (218 out of 250)

Industry: Oil and Gas - Integrated - United States

Balance Sheet

Research for OXY

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Occidental Petroleum Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,426 984 2,788 2,178 3,512
Receivables 3,195 4,281 4,208 2,115 6,373
Notes Receivable 0 0 0 0 0
Inventories 2,022 2,059 1,846 1,898 1,447
Other Current Assets 1,732 1,562 1,369 2,628 7,349
Total Current Assets 8,375 8,886 10,211 8,819 18,681
Net Property & Equipment 58,529 58,384 59,930 65,889 80,469
Investments & Advances 3,224 3,176 2,938 3,250 6,389
Other Non-Current Assets 0 1,260 1,231 1,044 2,406
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 2,750 0 0 0 0
Total Assets 74,008 72,609 75,036 80,064 109,330
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 3,646 4,029 3,899 2,987 7,017
Current Portion Long-Term Debt 1,202 165 186 440 51
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 3,854 3,290 4,046 3,570 5,302
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 7 753 2,010
Total Current Liabilities 9,148 7,757 8,324 8,223 14,949
Mortgages 0 0 0 0 0
Deferred Taxes/Income 5,764 5,512 7,039 7,113 9,717
Convertible Debt 0 0 0 0 0
Long-Term Debt 18,536 19,670 29,431 35,745 38,537
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 9,484 8,928 9,330 9,769 11,041
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 43,659 42,524 54,709 61,491 75,098
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 8,287 9,762 9,762 9,762 9,762
Common Stock (Par) 222 220 217 216 209
Capital Surplus 17,422 17,181 16,749 16,552 14,955
Retained Earnings 19,626 16,499 4,480 2,996 20,180
Other Equity 374 195 -208 -288 -221
Treasury Stock 15,582 13,772 10,673 10,665 10,653
Total Shareholder's Equity 30,349 30,085 20,327 18,573 34,232
Total Liabilities & Shareholder's Equity 74,008 72,609 75,036 80,064 109,330
Total Common Equity 22,062 20,323 10,565 8,811 24,470
Shares Outstanding 880.30 908.90 933.90 931.20 893.30
Book Value Per Share 25.06 22.36 11.31 9.46 27.39

Fiscal Year End for Occidental Petroleum Corporation falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents -99,999 1,845 1,272 1,426 611
Receivables NA 3,896 3,271 3,195 3,674
Notes Receivable NA 0 0 0 0
Inventories NA 2,813 2,131 2,022 1,975
Other Current Assets NA 1,538 1,671 1,732 2,006
Total Current Assets NA 10,092 8,345 8,375 8,266
Net Property & Equipment NA 58,870 58,763 58,529 58,270
Investments & Advances NA 3,460 3,400 3,224 3,320
Other Non-Current Assets NA 0 0 0 1,117
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 2,772 2,731 2,750 0
Total Assets NA 76,216 74,277 74,008 71,827
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,282 3,827 3,646 3,908
Current Portion Long-Term Debt NA 1,347 1,203 1,202 1,224
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 3,660 3,358 3,854 3,497
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 9,699 8,812 9,148 8,941
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 5,680 5,728 5,764 5,666
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 18,390 18,545 18,536 18,597
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 9,561 9,484 8,734
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 43,957 43,310 43,659 42,515
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock NA 8,287 8,287 8,287 8,287
Common Stock (Par) NA 227 223 222 221
Capital Surplus NA 17,928 17,456 17,422 17,326
Retained Earnings NA 20,938 20,147 19,626 18,758
Other Equity NA 470 436 374 293
Treasury Stock NA 15,591 15,582 15,582 15,573
Total Shareholder's Equity NA 32,259 30,967 30,349 29,312
Total Liabilities & Shareholder's Equity NA 76,216 74,277 74,008 71,827
Total Common Equity 0 23,972 22,680 22,062 21,025
Shares Outstanding 905.60 886.60 886.40 880.30 880.30
Book Value Per Share 0.00 27.04 25.59 25.06 23.88