Occidental Petroleum Corporation (ETR: OPC)

Germany flag Germany · Delayed Price · Currency is EUR
47.47
-1.25 (-2.57%)
Sep 6, 2024, 5:35 PM CET
-21.87%
Market Cap 43.82B
Revenue (ttm) 25.31B
Net Income (ttm) 3.61B
Shares Out n/a
EPS (ttm) 3.79
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Sep 10, 2024
Volume 2,626
Open 48.40
Previous Close 48.72
Day's Range 47.45 - 48.90
52-Week Range 47.45 - 66.90
Beta 1.61
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About Occidental Petroleum

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company’s Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, p... [Read more]

Sector Energy
Founded 1920
Employees 12,570
Stock Exchange Deutsche Börse Xetra
Ticker Symbol OPC
Full Company Profile

Financial Performance

In 2023, OPC's revenue was $28.26 billion, a decrease of -22.87% compared to the previous year's $36.63 billion. Earnings were $3.75 billion, a decrease of -69.81%.

Financial numbers in USD Financial Statements

News

Better Than Buffett: 3 Oil Stocks to Buy Instead of Occidental Petroleum

Valuation, diversification, and other factors that make these three better stocks.

8 days ago - The Motley Fool

Ecopetrol Loses Two Board Members on Occidental Oil Deal Fallout

Two members of Ecopetrol SA’s board quit following the company’s decision to pull out of a $3.6 billion deal to buy a stake in Texas shale-oil assets from Occidental Petroleum Corp.

11 days ago - BNN Bloomberg

Will Buffett Step in to Keep Occidental Afloat?

Shares of Occidental Petroleum have dropped below $56, raising questions about whether Warren Buffett's Berkshire Hathaway will step in as it has in the past. Berkshire Hathaway, Occidental's largest ...

18 days ago - OilPrice com

Will Buffett's 'put' on oil firm Occidental halt share drop?

Shares in U.S. oil producer Occidental Petroleum fell to $56.17 on Tuesday, below a level that has routinely triggered purchases by its biggest holder, billionaire investor Warren Buffett's Berkshire ...

18 days ago - Reuters

Occidental Petroleum Is 85% of the Way Toward Achieving This Crucial Goal

The oil company is working to whittle down its debt.

18 days ago - The Motley Fool

Occidental Petroleum Speeds Up Debt Repayment with $3B Reduction: Details

Occidental Petroleum Corporation (NYSE: OXY) shares are trading higher today. The company disclosed a $3 billion reduction in principal debt in the third quarter of 2024, driven by strong organic cas...

20 days ago - Benzinga

Occidental racks up $3B in principal debt reduction during Q3

Occidental Petroleum (OXY) announces $3B debt reduction in Q3 from strong cash flow and divestitures.

20 days ago - Seeking Alpha

Occidental racks up $3B in principal debt reduction during Q3

Occidental Petroleum (OXY) announces $3B debt reduction in Q3 from strong cash flow and divestitures.

20 days ago - Seeking Alpha

Occidental Announces Continued Progress on Debt Reduction and Divestiture Initiatives

HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has achieved $3 billion in principal debt reduction in the third quarter of 2024, utilizing robust organic cash flo...

20 days ago - GlobeNewsWire

These 4 Stocks Are Soaring In Premarket As Warren Buffett's Berkshire Hathaway Takes A Stake

In pre-market trading, shares of Ulta Beauty Inc. (NASDAQ: ULTA) and Heico Corp (NYSE: HEI) are experiencing a significant surge. This comes after Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) a...

24 days ago - Benzinga

Warren Buffett Still Holds 400M Apple Shares, Reveals New Investments In Ulta Beauty And Heico — Elon Musk Calls Berkshire Hathaway's $277B Cash Reserves 'Wild'

Warren Buffett , the legendary investor, has disclosed significant stock sales by Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) in the second quarter, including a substantial reduction in its Appl...

24 days ago - Benzinga

Warren Buffett's Berkshire Hathaway Takes Ulta Beauty Stake, Sending Shares Up

The legendary investor added to positions in Chubb and Occidental Petroleum.

25 days ago - The Wall Street Journal

Warren Buffett’s Berkshire Hathaway bets on Ulta Beauty, and retailer’s stock pops 13%

Warren Buffett added to Berkshire’s positions in Sirius XM Holdings, Occidental Petroleum.

25 days ago - MarketWatch

Volume Leaders: CMG, SBUX, OXY, AMT, and more

Chipotle Mexican Grill (CMG), Starbucks (SBUX), Occidental Petroleum (OXY), American Tower (AMT), and Sea (SE) are today's volume leaders. Read more here.

26 days ago - Seeking Alpha

Volume Leaders: CMG, SBUX, OXY, AMT, and more

Chipotle Mexican Grill (CMG), Starbucks (SBUX), Occidental Petroleum (OXY), American Tower (AMT), and Sea (SE) are today's volume leaders. Read more here.

26 days ago - Seeking Alpha

As Long-Time Bulls, We're Now A Sell For Occidental Petroleum

Occidental Petroleum is a major upstream company with a $50 billion valuation. Read why I downgrade OXY stock from buy to sell.

26 days ago - Seeking Alpha

As Long-Time Bulls, We're Now A Sell For Occidental Petroleum

Occidental Petroleum is a major upstream company with a $50 billion valuation. Read why I downgrade OXY stock from buy to sell.

26 days ago - Seeking Alpha

Western Midstream: Occidental Sale Is Bullish For Long-Term Investors

Occidental partial sale of WES units is bullish for long-term investors as it makes taking private scenario unlikely. A flurry of new commercial agreements, commissioning of new gas plants, and reduct...

26 days ago - Seeking Alpha

Western Midstream Partners prices $686M secondary offering by Occidental affiliates

Western Midstream Partners (WES) priced secondary public offering of 19M units by affiliates of Occidental (OXY) for gross proceeds of $685.9M.

26 days ago - Seeking Alpha

Western Midstream Partners prices $686M secondary offering by Occidental affiliates

Western Midstream Partners (WES) priced secondary public offering of 19M units by affiliates of Occidental (OXY) for gross proceeds of $685.9M.

26 days ago - Seeking Alpha

WESTERN MIDSTREAM ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF COMMON UNITS

HOUSTON , Aug. 12, 2024 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES") announced today the pricing of the previously announced underwritten secondary public offering of 19,000,000 ...

26 days ago - PRNewsWire

Oxy Petroleum says CrownRock Holdings launches sale of 29.6M shares

Occidental Petroleum (OXY) discloses secondary offering of more than 29.5M shares by CrownRock Holdings.

26 days ago - Seeking Alpha

Oxy Petroleum says CrownRock Holdings launches sale of 29.6M shares

Occidental Petroleum (OXY) discloses secondary offering of more than 29.5M shares by CrownRock Holdings.

26 days ago - Seeking Alpha