analyzeportfolio
NYSE · Energy

Occidental Petroleum Corp. (OXY)

As-reported financials and SEC filings for Occidental Petroleum Corp. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Occidental Petroleum Corp.

Occidental Petroleum Corporation operates in the oil and gas industry. The company is involved in the exploration, production, and marketing of oil, natural gas, and natural gas liquids. It serves customers in North America and internationally through its oil and gas and midstream and marketing segments.

Snapshot

Revenue
$21.57B
Revenue growth (YoY)
-2.0%
Net income
$2.37B
Diluted EPS
$1.61
Gross margin
—
Operating margin
—
Net margin
11.0%
FCF margin
19.0%
ROE
6.5%
net income / fiscal-year-end equity
P/E
18.3×
trailing when available, otherwise FY EPS
Market cap
$64.05B
Long-term debt / equity
0.56×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Occidental Petroleum

  • Revenue fell 2.0% to $21.6B in FY2025, after a 4.9% decline the year before.
  • Most recent quarter Q2 FY2026: revenue $7.1B, up 36.6% from Q2 FY2025.
  • Free cash flow was $4.1B in FY2025, 19.0% of revenue.
  • Net income fell 23.0% to $2.4B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Occidental Petroleum’s fundamentals sit among the 61 oil and gas companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin11.0%
47th percentile of 58
FCF margin19.0%
79th percentile of 20
Revenue growth (YoY)-2.0%
39th percentile of 60
ROE6.5%
48th percentile of 49
P/E18.3×
80th percentile of 36
Long-term debt / equity0.56×
67th percentile of 37
Short interest2.82d
22nd percentile of 60

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+7 quant / multi-strat
Initiated / added
8
1 new, 7 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$17.88B
reported long value
InvestorAs ofPosition valueSharesChange
Berkshire HathawayQ2 2026$12.87B264.9MHeld
Dodge & CoxQ2 2026$3.53B72.8MReduced
AQR Capital ManagementquantQ2 2026$557.3M11.5MAdded
Point72 Asset ManagementquantQ2 2026$252.3M5.2MAdded
Two Sigma InvestmentsquantQ2 2026$173.7M3.6MAdded
D. E. ShawquantQ2 2026$149.4M3.1MAdded
Citadel AdvisorsquantQ2 2026$111.3M2.3MAdded
Millennium ManagementquantQ2 2026$110.6M2.3MAdded
Renaissance TechnologiesquantQ2 2026$55.5M1.1MNew
Gotham Asset ManagementQ2 2026$48.7M1.0MAdded
Chou Associates ManagementQ2 2026$15.2M313.0KHeld

No longer held by: Himalaya Capital Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
0
—
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-23
filed 2026-06-24
Richard A. JacksonPresident and CEOBuy4.8K$52.38$250K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
24.4M
settled 2026-10-15
Change vs prior
+9.7%
vs previous settlement
Days to cover
2.82
at avg daily volume
Avg daily volume
8.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-10-1524.4M+9.7%2.82
2026-09-3022.2M+2.7%2.21
2026-09-1521.6M+3.2%2.81
2026-08-3121.0M-7.1%2.98
2026-08-1422.6M-0.7%2.50
2026-07-3122.7M-5.7%2.91
2026-07-1524.1M-8.6%2.32
2026-06-3026.3M-3.4%2.66

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$21.57B$22.02B$23.16B$36.23B$25.96B
Gross profit—
Operating income—————
Pre-tax income$3.13B$4.02B$4.66B$14.12B$3.71B
Net income$2.37B$3.08B$4.70B$13.30B$2.32B
Diluted EPS$1.61$2.44$3.90$12.40$1.58

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.97B$2.13B$1.43B$984.0M$2.76B
Current assets$8.83B$9.07B$8.38B$8.89B$10.21B
Total assets$84.19B$85.44B$74.01B$72.61B$75.04B
Current liabilities$9.43B$9.52B$9.15B$7.76B$8.32B
Long-term debt$20.62B$24.98B$18.54B$19.67B$29.43B
Total liabilities
Total equity$36.60B$34.48B$30.35B$30.09B$20.33B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$10.53B$11.44B$12.31B$16.81B$10.43B
Capital expenditure$6.43B$6.26B$5.70B$4.50B$2.87B
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$7.05B36.6%$3.00B$2.75
Q1 FY2026$5.57B-4.2%$3.36B$3.13
Q4 FY202513.1%
Q3 FY2025$6.68B-4.8%$842.0M$0.65
Q2 FY2025$5.16B-24.1%$468.0M$0.26
Q1 FY2025$5.81B-13.6%$945.0M$0.77
Q4 FY2024-32.4%
Q3 FY2024$7.02B-3.5%$1.14B$0.98

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryCrude Petroleum & Natural Gas
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK797468

Selected SEC filings

10-K2026-02-18
View on EDGAR →
10-K2025-02-18
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
10-Q2025-11-10
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-10-13
View on EDGAR →
8-K2026-08-05
View on EDGAR →

Largest oil and gas peers

All oil and gas stocks →All Energy companies →

OXY head to head

Monitor OXY

Get an alert when Occidental Petroleum files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor OXY free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.