Occidental Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
Occidental Petroleum has a total shareholder equity of $35.1B and total debt of $24.8B, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are $85.0B and $49.9B respectively. Occidental Petroleum's EBIT is $5.7B making its interest coverage ratio 5.7. It has cash and short-term investments of $2.6B.
Key information
70.6%
Debt to equity ratio
US$24.79b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$2.61b |
| Equity | US$35.11b |
| Total liabilities | US$49.86b |
| Total assets | US$84.97b |
Recent financial health updates
These 4 Measures Indicate That Occidental Petroleum (NYSE:OXY) Is Using Debt Extensively
Apr 03
Occidental Petroleum (NYSE:OXY) Has A Somewhat Strained Balance Sheet
Dec 20Recent updates
Occidental Petroleum's Q1 Proves It's A Cash Flow King
May 08Occidental Petroleum Corporation (NYSE:OXY) Might Not Be As Mispriced As It Looks
Apr 25Occidental Petroleum: $65 Oil Price Won't Last
Apr 18These 4 Measures Indicate That Occidental Petroleum (NYSE:OXY) Is Using Debt Extensively
Apr 03Occidental Petroleum: I'd Buy The Crash
Mar 30Occidental Petroleum's (NYSE:OXY) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 23Occidental Petroleum: Carbon Capture Is Where It's At
Feb 23Occidental Petroleum: 3 Reasons We Prefer The 7% YTM Bonds For Berkshire's Bet
Feb 17Is Occidental Petroleum Corporation (NYSE:OXY) Trading At A 47% Discount?
Feb 13Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025
Jan 16Occidental Petroleum: A Top Buffett Stock On Sale
Jan 10Occidental Petroleum: Buffett Teaches The Market A Lesson
Dec 24Occidental Petroleum (NYSE:OXY) Has A Somewhat Strained Balance Sheet
Dec 20Occidental: Foggy Outlook And Overvaluation
Dec 15Investors Don't See Light At End Of Occidental Petroleum Corporation's (NYSE:OXY) Tunnel
Dec 02Occidental Petroleum: Forget The Next Quarter
Nov 13Are Investors Undervaluing Occidental Petroleum Corporation (NYSE:OXY) By 43%?
Nov 01Exxon Mobil Is Both Cheaper And Better Than Occidental Petroleum
Oct 30Occidental Petroleum: Limited Upside Makes This A Pass
Oct 22Middle East Conflict Boosts OXY's Gains
Oct 09Occidental: Follow Buffett? Think Again (Technical Analysis)
Oct 01Occidental: With Buffett Or Not, Buy The Dip
Sep 24Occidental Petroleum: Shares Beaten Down, Offer A Compelling Value
Sep 13
Calculated Moves And CrownRock Acquisition Propel Growth In Permian Portfolio
Aug 19 Expansion through CrownRock's Midland Basin assets enhances Occidental Petroleum's portfolio, promising revenue growth and improved profitability via high-margin production.As Long-Time Bulls, We're Now A Sell For Occidental Petroleum
Aug 13Sentiment Still Eluding Occidental Petroleum Corporation (NYSE:OXY)
Aug 02Occidental Petroleum: Shined By The 'Buffett Brand' But Still A Lot To Prove
Jul 22Occidental: The Only Oil Stock To Buy And Hold Long-Term
Jul 12Occidental Petroleum: Berkshire Could Buy More And You Should, Too
Jun 28Occidental Petroleum: Remain Cautious On Valuation And Lack Of Shareholder Returns Vs. Peers
Jun 06Is There An Opportunity With Occidental Petroleum Corporation's (NYSE:OXY) 24% Undervaluation?
May 28Occidental Petroleum Can Continue Generating Steady Returns
May 20Occidental Petroleum Corporation (NYSE:OXY) Analysts Just Slashed This Year's Estimates
May 10Occidental Petroleum Stock: Fairly Valued After A Great Run Higher
Apr 29Occidental: Decades Of Growth Ahead
Apr 20Occidental Petroleum's Diverse Strategy Just Might Work Out
Apr 01Occidental Petroleum Acquisition Progress Report
Mar 15Occidental Petroleum: Western Midstream Asset Sale Could Help Clean Up Balance Sheet
Feb 21Financial Position Analysis
Short Term Liabilities: OXY's short term assets ($9.7B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: OXY's short term assets ($9.7B) do not cover its long term liabilities ($40.2B).
Debt to Equity History and Analysis
Debt Level: OXY's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: OXY's debt to equity ratio has reduced from 128.5% to 70.6% over the past 5 years.
Debt Coverage: OXY's debt is well covered by operating cash flow (46.7%).
Interest Coverage: OXY's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/09 03:55 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Occidental Petroleum Corporation is covered by 63 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| Thomas Driscoll | Barclays |