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Last $71.84 USD
Change Today +1.28 / 1.81%
Volume 6.7M
OXY On Other Exchanges
Symbol
Exchange
EN Amsterdam
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

occidental petroleum corp (OXY) Snapshot

Open
$70.43
Previous Close
$70.56
Day High
$73.11
Day Low
$70.23
52 Week High
08/29/14 - $99.87
52 Week Low
08/24/15 - $64.83
Market Cap
54.9B
Average Volume 10 Days
6.6M
EPS TTM
$1.62
Shares Outstanding
764.0M
EX-Date
09/8/15
P/E TM
44.2x
Dividend
$3.00
Dividend Yield
4.05%
Current Stock Chart for OCCIDENTAL PETROLEUM CORP (OXY)

occidental petroleum corp (OXY) Details

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its domestic oil and gas operations are located in Colorado, New Mexico, North Dakota, and Texas; and international oil and gas operations are located in Bahrain, Bolivia, Colombia, Iraq, Libya, Oman, Qatar, the United Arab Emirates, and Yemen. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream, Marketing and Other segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity, as well as oil, NGLs, gas, and other commodities. The company was founded in 1920 and is headquartered in Houston, Texas.

11,700 Employees
Last Reported Date: 02/23/15
Founded in 1920

occidental petroleum corp (OXY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.5M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $707.9K
Executive Vice President and President of Oxy...
Total Annual Compensation: $1.0M
Senior Executive Vice President and President...
Total Annual Compensation: $719.7K
Senior Vice President of Strategy & Developme...
Total Annual Compensation: $800.0K
Compensation as of Fiscal Year 2014.

occidental petroleum corp (OXY) Key Developments

Occidental Petroleum Corporation Reports Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production and Financial Guidance for 2015

Occidental Petroleum Corporation reported consolidated earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $3,469 million against $5,133 million a year ago. Income before income taxes and other items was $446million against $1,887 million a year ago. Income from continuing operations was $180 million or $0.23 per basic share against $1,161 million or $1.48 per basic share a year ago. Net income attributable to common stock was $176 million against $1,431 million a year ago. Diluted earnings per common share was $0.23 against $1.82 a year ago. Operating cash flow from continuing operations was $811 million against $2,274 million a year ago. Capital spending was about $1.5 billion, down 14% from the $1.7 billion spent in the first quarter and $2.001 billion a year ago. Core income was $165 million of $0.21 per diluted share compared with $1.1 billion or $1.38 per diluted share for the second quarter of 2014. For the year to date, the company reported core income of $196 million of $0.25 per diluted share compared with $2,177 million or $2.76 per diluted share for the second quarter of 2014. Reported loss was $42 million or $0.05 per diluted share against reported income of $2,821 million or $3.58 per diluted share a year ago. Capital expenditures were $3,223 million against $3,733 million a year ago. Operating cash flows from - continuing operations was $1,377 million against $4,316 million a year ago. Net sales were $4.351 million, income before income taxes and other items was $176 million and loss from continuing operations was $35 million or $0.01 per basic share. For the quarter, the company reported total production of 658 (MBOE/D) against 580 (MBOE/D) a year ago. For the year to date, the company reported total production of 652 (MBOE/D) against 576 (MBOE/D) a year ago. Assuming no meaningful disruptions during the second half of the year, the company raising the lower end of full year 2015 production guidance range from 650,000 to 660,000 BOE per day. Current estimate of full year 2015 volumes of 660,000 to 670,000 BOE per day will provide year-over-year growth of 12% to 13%. The company expects full year 2015 domestic tax rate to be 36%, and international tax rates to remain about 65%. The company said it is about on track with full year 2015 capital budget of $5.8 billion.

Occidental Petroleum Corporation to Report Q2, 2015 Results on Jul 30, 2015

Occidental Petroleum Corporation announced that they will report Q2, 2015 results at 10:00 AM, US Eastern Standard Time on Jul 30, 2015

Occidental Petroleum Corporation, Q2 2015 Earnings Call, Jul 30, 2015

Occidental Petroleum Corporation, Q2 2015 Earnings Call, Jul 30, 2015

 

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Industry Analysis

OXY

Industry Average

Valuation OXY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.3x
Price/Book 1.5x
Price/Cash Flow 6.0x
TEV/Sales 2.6x
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