Loading...
Docoh

Occidental Petroleum (OXY)

Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. It is one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Its midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Its chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Its Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow its business while reducing emissions. It is committed to using its global leadership in carbon management to advance a lower-carbon world.

Company profile

Ticker
OXY, OXY-WT
Exchange
Website
CEO
Vicki Hollub
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
1PointFive P1, LLC • 1PointFive P2, LLC • 1PointFive, Inc. • 4374607 Nova Scotia Company • Administradora General Delta Centro, S.A. • Amarok Gathering, LLC • Anadarko 20-25 Company • Anadarko 20-36 Company • Anadarko 20-47 Company • Anadarko 20-48 Company ...
IRS number
954035997

OXY stock data

Calendar

2 Aug 22
12 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.4B 1.4B 1.4B 1.4B 1.4B 1.4B
Cash burn (monthly) 183.33M 280.42M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 263.07M 402.38M n/a n/a n/a n/a
Cash remaining 1.14B 998.62M n/a n/a n/a n/a
Runway (months of cash) 6.2 3.6 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
8 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 60.0162 385,469 23.13M 188,366,460
8 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 58.8123 152,551 8.97M 187,980,991
5 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 59.0869 1,116,751 65.99M 187,828,440
5 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 58.5066 436,862 25.56M 186,711,689
5 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 57.326 114,661 6.57M 186,274,827
4 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 58.6078 2,243,809 131.5M 186,160,166
4 Aug 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 57.8028 2,231,566 128.99M 183,916,357
21 Jul 22 Occidental Petroleum COMMON UNITS (LIMITED PARTNER INTERESTS) Sell Dispose S Yes No 25.25 10,000,000 252.5M 190,281,578
21 Jul 22 Occidental Petroleum COMMON UNITS (LIMITED PARTNER INTERESTS) Sell Dispose S Yes No 25.25 10,000,000 252.5M 190,281,578
18 Jul 22 Berkshire Hathaway Common Stock Buy Acquire P Yes No 59.6733 242,241 14.46M 181,684,791
87.1% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1004 856 +17.3%
Opened positions 257 187 +37.4%
Closed positions 109 92 +18.5%
Increased positions 281 347 -19.0%
Reduced positions 318 219 +45.2%
13F shares Current Prev Q Change
Total value 45.14B 20.98B +115.2%
Total shares 815.94M 751.47M +8.6%
Total puts 31.53M 26.66M +18.3%
Total calls 52.79M 38.97M +35.5%
Total put/call ratio 0.6 0.7 -12.7%
Largest owners Shares Value Change
BRK.A Berkshire Hathaway 136.37M $7.74B NEW
Dodge & Cox 115.55M $6.24B -9.5%
Vanguard 101.9M $5.78B +2.4%
BLK Blackrock 60.62M $3.44B +1.7%
STT State Street 58.12M $3.31B +0.2%
GQG Partners 26.67M $1.51B +16.1%
Geode Capital Management 17.38M $983.49M +2.5%
Icahn Carl C Et Al 15.06M $530.65M -74.9%
Dimensional Fund Advisors 11.67M $662.23M +4.6%
NTRS Northern Trust 10.28M $583.22M -1.8%
Largest transactions Shares Bought/sold Change
BRK.A Berkshire Hathaway 136.37M +136.37M NEW
Icahn Carl C Et Al 15.06M -44.94M -74.9%
JB Investments Management 2.71M -19.68M -87.9%
Dodge & Cox 115.55M -12.07M -9.5%
MFN Partners Management 5.69M -10.93M -65.8%
Two Sigma Advisers 6.92M +6.48M +1446.8%
FMR 8.38M +5.45M +186.7%
Jane Street 6.11M +4.67M +325.5%
JPM JPMorgan Chase & Co. 1.78M -4.48M -71.6%
Two Sigma Investments 4.82M +4.38M +997.5%

Financial report summary

?
Competition
Tallgrass Energy
Management Discussion
  • (a)    Intersegment sales eliminate upon consolidation and are generally made at prices approximating those that the selling entity would be able to obtain in third-party transactions.
  • (b)    Refer to the Items Affecting Comparability table which sets forth items affecting Occidental's earnings that vary widely and unpredictably in nature, timing and amount.
  • Net sales increased for the three months ended June 30, 2022, compared to the immediately preceding quarter, primarily due to higher crude oil, NGL and natural gas prices and higher crude oil and NGL sales volumes in the oil and gas segment as well as higher realized prices and improved demand across most chemical product lines.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: arrangement, automotive, buyback, chain, construction, correlate, declared, detailed, discipline, Dolphin, downhole, durable, extinguishment, feedstock, housing, incentive, injectant, maximum, online, OPC, reinvestment, responded, sequential, Sonatrach, term, treasury, utilize
Removed: approach, bbl, coupled, Discovery, expire, fourth, impairment, implemented, longer, oxy, plant, remain, system, undeveloped

Patents

Utility
Methods Involving Cements That Employ Carbon Dioxide As a Reactant
16 Jun 22
A method of cementing an annular space between a pipe string and a well bore, the method comprising the steps of (a) providing a cement composition including a calcium-deficient calcium silicate; (b) mixing the cement composition with water to form a cement slurry; (c) mixing the cement slurry composition with carbon dioxide form a foamed cement; and (d) placing the foamed cement in the annular space between the pipe string and the wellbore.
Utility
Photochlorination of Partially-chlorinated Chloromethanes to Carbon Tetrachloride
21 Apr 22
A method of producing carbon tetrachloride includes providing a chloromethanes stream, combining the chloromethanes stream with chlorine and additional carbon tetrachloride to form a reaction mixture, wherein the reaction mixture includes at least stoichiometric levels of chlorine, introducing electromagnetic radiation to the reaction mixture and subjecting the reaction mixture to suitable reaction conditions to form product carbon tetrachloride, and collecting a product stream including the product carbon tetrachloride.
Utility
Method for Making 1,1,3,3-TETRACHLOROPROPENE
16 Dec 21
A process for the manufacture of 1,1,3,3-tetrachloropropene, the process comprising dehydrochlorinating 1,1,1,3,3-pentachloropropane, where said step of dehydrochlorinating 1,1,1,3,3-pentachloropropane takes place in the presence of an oxidizing agent and in the presence of a Lewis acid, and where the oxidizing agent is chlorine and the Lewis acid is ferric chloride.
Utility
Process for the Production of Chlorinated Hydrocarbons
18 Nov 21
A process of the type for producing 1,1,1,2,3-pentachloropropane by introducing 1,1,1,3-tetrachloropropane, chlorine, and Lewis acid catalyst, optionally in the presence of carbon tetrachloride, the improvement comprising introducing the Lewis acid as a slurry within a chlorinated hydrocarbon.
Utility
Method for making 1,1,3,3-tetrachloropropene
31 Aug 21
A process for the manufacture of 1,1,3,3-tetrachloropropene, the process comprising dehydrochlorinating 1,1,1,3,3-pentachloropropane.