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Occidental Petroleum OXY

US equityMarket cap rank #282Oil & Gas E&PNatural GasShale Oil
$58.10
+$0.74 (+1.28%)
Market open · Sep 24, 1:10 pm ET
After hours $57.39 +0.05%
Open$58.00
Prev close$57.36
Day range$57.53 – $58.76
Volume5.65M
Market cap$58.08B
P/E (TTM)9.0
Dividend yield1.72%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$8.07B+53.4% YoY
Operating profit$3.67B+359.3% YoY
Net profit$3.00B+540.2% YoY
Diluted EPS$2.75+957.7% YoY
Free cash flow$2.68B+113.7% YoY
Operating cash flow$4.27B

Revenue, last 8 quarters

$7.2BSep '24$2.1BDec '24$5.7BMar '25$5.3BJun '25$6.6BSep '25$1.8BDec '25$5.2BMar '26$8.1BJun '26

Net profit, last 8 quarters

$1.1BSep '24$-120.0MDec '24$945.0MMar '25$468.0MJun '25$842.0MSep '25$114.0MDec '25$3.4BMar '26$3.0BJun '26

Diluted EPS by quarter

0.98Sep '24-0.32Dec '240.77Mar '250.26Jun '250.65Sep '25-0.07Dec '253.13Mar '262.75Jun '26

Free cash flow by quarter

$2.0BSep '24$2.3BDec '24$466.0MMar '25$1.3BJun '25$503.0MSep '25$1.9BDec '25$-273.0MMar '26$2.7BJun '26

Annual revenue

$17.8BFY20$26.0BFY21$36.6BFY22$23.2BFY23$22.0BFY24$21.6BFY25

Profitability & balance sheet

Gross margin41.8%
Operating margin25.8%
Net margin27.3%
Return on equity21.5%
Return on assets7.9%
Return on invested capital14.2%
Current ratio1.41
Liabilities / assets47.3%
Cash & investments$4.15B
Total debt$14.05B
Net cash (debt)-$9.90B
Free cash flow / sales20.0%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Oil and Gas$6.88B 83.8%
  • Midstream and marketing$1.33B 16.2%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $8.07B $5.23B $21.59B $1.75B $6.62B
Total Operating Revenue $8.07B $5.23B $21.59B $1.75B $6.62B
Cost of Revenue $3.43B $3.33B $14.05B $912.00M $4.46B
Gross Profit $4.64B $1.90B $7.54B $840.00M $2.16B
Operating Expense $973.00M $970.00M $3.82B $723.00M $987.00M
Selling and Admin Expenses $262.00M $245.00M $986.00M $158.00M $277.00M
Other Taxes $342.00M $259.00M $1.03B $249.00M $248.00M
Other Operating Expenses $369.00M $466.00M $1.81B $316.00M $462.00M
Operating Profit $3.67B $927.00M $3.72B $117.00M $1.17B
Net Non-Operating Interest Income (Expense) -$26.00M -$351.00M -$860.00M -$158.00M -$211.00M
Non-Operating Interest Income $82.00M $81.00M $219.00M $57.00M $59.00M
Non-Operating Interest Expense $108.00M $432.00M $1.08B $215.00M $270.00M
Other Income (Expense) $276.00M -$186.00M $190.00M -$143.00M $203.00M
Earnings from Equity Interest $134.00M $170.00M
Special Income (Charges) $142.00M -$322.00M $190.00M $190.00M $33.00M
-Less:Restructuring and Mergern & Acquisition $0.00 $0.00 $13.00M $0.00 $1.00M
-Less:Write Off $38.00M $120.00M $60.00M $60.00M $0.00
-Gain on Sale of Property/Plant/Equipment $180.00M -$202.00M $263.00M $250.00M $34.00M
Pretax Profit $3.92B $390.00M $3.05B -$184.00M $1.17B
Tax $915.00M $154.00M $1.02B $40.00M $324.00M
Net Profit $3.00B $3.36B $2.37B $114.00M $842.00M
Profit from Continuing Operations $3.00B $236.00M $2.11B -$148.00M $842.00M
Net Income from Discontinuous Operations -$4.00M $3.12B $262.00M $262.00M $0.00
Minority Interests $19.00M $14.00M $43.00M $12.00M $12.00M
Net Income to Parent Company $2.98B $3.35B $2.33B $102.00M $830.00M
Preferred Stock Dividends $170.00M $170.00M $679.00M $170.00M $169.00M
Other Preferred Stock Dividends $20.00M $20.00M $35.00M -$1.00M $4.00M
Net Income to Common Stockholders $2.79B $3.16B $1.61B -$67.00M $657.00M
Basic EPS $2.80 $3.19 $1.65 -$0.07 $0.67
Diluted EPS $2.75 $3.13 $1.61 -$0.07 $0.65
Dividend Per Share $0.26 $0.26 $0.96 $0.24 $0.24
Gain on Sale of Security $136.00M
Earnings from Equity Interest Net of Tax $76.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $80.36B $80.46B $84.19B $84.19B $83.47B
Total Current Assets $11.13B $11.07B $8.83B $8.83B $8.81B
Cash and Cash Equivalents & Short-Term Investments $4.15B $3.81B $1.97B $1.97B $2.16B
-Cash and Cash Equivalents $4.15B $3.81B $1.97B $1.97B $2.16B
Receivables $4.04B $4.47B $3.26B $3.26B $3.84B
-Accounts Receivable $3.14B $3.68B $2.58B $2.58B $3.17B
-Due from Related Parties Current $902.00M $791.00M $684.00M $684.00M $667.00M
Inventory $2.19B $1.86B $1.82B $1.82B $2.12B
Other Current Assets $753.00M $933.00M $601.00M $601.00M $700.00M
Total Non-Current Assets $69.23B $69.39B $75.36B $75.36B $74.66B
Net PPE $63.43B $64.01B $64.55B $64.55B $68.61B
-Gross PPE $135.24B $139.01B $138.66B $138.66B $146.94B
-Accumulated Depreciation -$71.81B -$75.01B -$74.11B -$74.11B -$78.33B
Investments and Advances $2.57B $2.34B $2.48B $2.48B $2.99B
-Long Term Equity Investment $2.57B $2.34B $2.48B $2.48B $2.99B
Other Non-Current Assets $3.23B $3.04B $8.33B $8.33B $3.06B
Total Liabilities $37.98B $40.90B $47.59B $47.59B $46.71B
Total Current Liabilities $7.89B $9.15B $9.43B $9.43B $9.42B
Payables $5.30B $6.24B $4.33B $4.33B $3.53B
-Accounts Payable $3.57B $3.78B $3.29B $3.29B $3.53B
-Total Tax Payable $1.32B $2.06B $657.00M $657.00M
-Dividends Payable $408.00M $405.00M $383.00M $383.00M
Current Accrued Expenses $705.00M $538.00M $1.01B $1.01B $3.86B
Short-Term Debt and Capital Lease Obligation $581.00M $807.00M $2.12B $2.12B $2.03B
-Current Debt $1.00M $224.00M $1.58B $1.58B $1.46B
-Current Capital Lease Obligation $580.00M $583.00M $548.00M $548.00M $567.00M
Current Provisions $400.00M $343.00M $381.00M $381.00M
Other Current Liabilities $910.00M $1.23B $1.59B $1.59B
Total Non-Current Liabilities $30.09B $31.75B $38.16B $38.16B $37.29B
Long Term Accounts Payable and Other Payables $2.47B $2.43B $2.39B $2.39B
Long Term Debt and Capital Lease Obligation $14.05B $15.80B $21.23B $21.23B $20.85B
-Long Term Debt $12.80B $14.48B $19.82B $19.82B $20.21B
-Long Term Capital Lease Obligation $1.25B $1.32B $1.41B $1.41B $632.00M
Non-Current Liabilities $5.36B $5.83B $5.89B $5.89B $3.86B
Non-Current Deferred Liabilities $5.67B $5.03B $5.64B $5.64B $5.40B
Employee Benefits $937.00M $933.00M $985.00M $985.00M
Other Non-Current Liabilities $1.60B $1.72B $1.61B $1.61B $7.18B
Total Equity $42.38B $39.56B $36.60B $36.60B $36.77B
Stockholders' Equity $41.75B $38.93B $36.03B $36.03B $36.26B
Capital Stock $8.53B $8.53B $8.53B $8.53B $8.53B
-Common Stock $246.00M $244.00M $243.00M $243.00M $243.00M
-Preferred Stock $8.29B $8.29B $8.29B $8.29B $8.29B
Additional Paid-In Capital $21.39B $21.08B $21.01B $21.01B $20.93B
Retained Earnings $27.35B $24.81B $21.89B $21.89B $22.20B
Less: Treasury Stock $15.71B $15.68B $15.60B $15.60B $15.60B
Gains/Losses Not Affecting Retained Earnings $191.00M $194.00M $202.00M $202.00M $204.00M
Minority Interests $635.00M $628.00M $564.00M $564.00M $505.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $4.27B $1.28B $10.53B $2.63B $2.79B
Net cash flow from continuing operations $5.09B $1.39B $9.61B $1.71B $3.14B
Net Income from Continuing Operations $3.00B $3.36B $2.37B $114.00M $842.00M
Gain/Loss from Continuing Operations -$180.00M $202.00M $356.00M $369.00M -$37.00M
Depreciation & Depletion & Amortization $1.85B $1.79B $7.53B $1.62B $2.29B
Deferred Tax $707.00M $50.00M $127.00M $126.00M $138.00M
Other Non-Cash Items -$760.00M -$2.26B $267.00M -$418.00M $433.00M
Change in Working Capital $476.00M -$1.86B -$1.07B -$123.00M -$526.00M
-Change in Receivables $363.00M -$1.10B $190.00M -$162.00M $205.00M
-Change in Inventory -$308.00M -$26.00M $12.00M -$4.00M -$270.00M
-Change in Payables and Accrued Expense $168.00M -$482.00M -$964.00M $103.00M -$409.00M
-Change In Other Working Capital -$32.00M $35.00M -$305.00M -$136.00M $24.00M
Cash Flow from Discontinued Operating Activities -$815.00M -$111.00M $926.00M $926.00M -$347.00M
Net cash flow from investing -$1.78B $7.85B -$5.80B -$1.81B -$1.26B
Net Cash Flow from Continuing Investing Activities -$1.78B -$1.61B -$4.68B -$694.00M -$1.82B
Capital Expenditure -$1.59B -$1.55B -$6.43B -$753.00M -$2.29B
Net Business Purchase and Sale -$98.00M -$66.00M -$286.00M -$59.00M -$78.00M
Net Other Investing Changes -$95.00M $7.00M $2.03B $118.00M $544.00M
Financing Cash Flow -$2.15B -$7.33B -$4.84B -$974.00M -$1.70B
Net Cash Flow from Continuing Financing Activities -$2.15B -$7.33B -$4.84B -$965.00M -$1.70B
Net Issuance Payments Of Debt -$1.79B -$6.90B -$3.75B -$170.00M -$1.30B
Net Common Stock Issuance $139.00M $39.00M $966.00M $18.00M $17.00M
Cash Dividends Paid -$430.00M -$409.00M -$1.59B -$408.00M -$408.00M
Net Other Financing Charges -$65.00M -$55.00M -$453.00M -$405.00M -$4.00M
Cash Flow from Discontinued Financing Activities $0.00 $0.00 -$9.00M
Ending Cash Balance $4.19B $3.85B $2.05B $2.05B $2.20B
Net Change in Cash $341.00M $1.80B -$111.00M -$150.00M -$164.00M
Beginning Cash Balance $3.85B $2.05B $2.16B $2.20B $2.36B
Free Cash Flow $2.68B -$273.00M $4.11B $1.88B $503.00M
-Change in Other Current Assets -$285.00M -$103.00M
Net Preferred Stock Issuance $0.00
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