Business description: Occidental Petroleum Corporation

Occidental Petroleum Corporation is one of the world's largest oil groups in the United States. Net sales (including intra-group) break down by activity as follows:

- exploration and production of hydrocarbon (78.7%): 247 million barrels of crude oil, 116 million barrels of liquefied natural gas and 20.9 billion m3 of natural gas sold in 2024;

- manufacturing of chemicals (17.8%): basic chemicals (chlorine, caustic soda, ethylene, etc.) and performance chemicals (primarily PVC, pigments, and plastics);

- transportation, storage and distribution of hydrocarbons (3.5%).

The United States accounts for 84.5% of net sales.

Number of employees: 13,323

Sales by Activity: Occidental Petroleum Corporation

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Oil and Gas

13.07B 18.94B 27.16B 21.28B 21.7B

Chemical

3.73B 5.25B 6.76B 5.32B 4.92B

Midstream and Marketing

1.77B 2.86B 4.14B 2.55B 962M

Corporate and Eliminations

-758M -1.09B -1.42B -899M -865M
See all business segments

Geographical breakdown of sales: Occidental Petroleum Corporation

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

14.17B 22.79B 32.02B 24.74B 23.88B

International

- 4.27B 5.64B 4.49B 4.4B

Unallocated

679M - - - -

Middle East

2.77B - - - -

Latin America

604M - - - -

Other International

343M - - - -

Eliminations

-758M -1.09B -1.42B -899M -865M
See all geographic segments

Executive Committee: Occidental Petroleum Corporation

Manager TitleAgeSince
Chief Executive Officer 66 2016-04-28
Director of Finance/CFO 56 2023-08-08
Chief Tech/Sci/R&D Officer - 2012-12-31
Compliance Officer 56 -
Chief Operating Officer 50 2025-10-01
See OCCIDENTAL PETROLEUM CORPORATION governance

Composition of the Board of Directors: Occidental Petroleum Corporation

Director TitleAgeSince
Director/Board Member 74 2007-12-31
Director/Board Member 72 2009-07-15
Director/Board Member 66 2015-11-30
Director/Board Member 79 2013-10-10
Chairman 72 2022-09-21
Director/Board Member 70 2019-07-09
Director/Board Member 79 2020-02-29
Director/Board Member 73 2022-03-21
Director/Board Member 71 2023-02-15
Director/Board Member 61 2023-01-16
Composition of the Board of Directors

Shareholders: Occidental Petroleum Corporation

NameEquities%Valuation
26.89 %
264,941,431 26.89 % 10 894 M $
Vanguard Fiduciary Trust Co.
9.054 %
89,201,540 9.054 % 3 668 M $
Dodge & Cox
8.108 %
79,883,371 8.108 % 3 285 M $
BlackRock Advisors LLC
4.011 %
39,520,067 4.011 % 1 625 M $
3.929 %
38,710,895 3.929 % 1 592 M $
NameEquities%Valuation
Empiricus Gestao De Recursos Ltda.
0.000118 %
6,950 0.000118 % 47 979 $
Morgan Stanley Administradora de Carteiras SA
0.000051 %
3,004 0.000051 % 20 738 $
NameEquities%Valuation
Morgan Stanley Investment Management, Inc.
-
13,327,764 - 257 M $
Merrill Lynch International
-
5,773,513 - 111 M $
MFN Partners Management LP
-
5,690,600 - 110 M $
UBS Financial Services, Inc.
-
4,556,870 - 88 M $
GW&K Investment Management LLC
-
4,241,625 - 82 M $
NameEquities%Valuation
Berkshire Hathaway, Inc. (Investment Management)
84.9 %
84,897 84.9 % 3 M $
List of OCCIDENTAL PETROLEUM CORPORATION shareholders

Holdings: Occidental Petroleum Corporation

NameEquities%Valuation
165,681,578 40.61% 6 544 M $

Company details: Occidental Petroleum Corporation

Occidental Petroleum Corp.

5 Greenway Plaza

77046-0506, Houston

+713 215 7000

http://www.oxy.com
address Occidental Petroleum Corporation(OXY)

Group companies: Occidental Petroleum Corporation

NameCategory and Sector
Miscellaneous Commercial Services
Miscellaneous Commercial Services
Chemicals: Major Diversified
See all subsidiaries

Other Oil & Gas Exploration and Production

Change 5d. change 1-year change 3-years change Capi.($)
+2.33%+8.04%-14.97%-31.57% 42.67B
+0.84%+1.69%+12.58%+107.07% 135B
+4.02%+6.90%-4.25%-16.48% 119B
+4.44%+13.24%+6.03%+24.97% 68.96B
+2.50%+7.90%-18.50%-14.92% 58.62B
+1.67%+9.38%-13.54%+5.42% 43.31B
-2.58%-7.95%-1.05%+42.54% 32.2B
+2.62%+1.70%-7.18%-34.82% 29.58B
-1.48%-5.01%-2.69%+11.98% 24.53B
+3.32%+2.41%+67.49%+132.29% 23.14B
Average +1.78%+0.95%+2.39%+22.65% 57.75B
Weighted average by Cap. +2.19%+1.27%+0.96%+27.63%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
25
Last Close Price
43.31USD
Average target price
49.54USD
Spread / Average Target
+14.39%
Consensus

Quarterly revenue - Rate of surprise

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