Occidental Petroleum
Market Cap
US$9.3b
Last Updated
2020/10/26 05:45 UTC
Data Sources
Company Financials +
Executive Summary
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 Latin America. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Fair value with imperfect balance sheet.
Similar Companies
Share Price & News
How has Occidental Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OXY's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.0%
OXY
1.9%
US Oil and Gas
0.4%
US Market
1 Year Return
-76.3%
OXY
-45.8%
US Oil and Gas
17.8%
US Market
Return vs Industry: OXY underperformed the US Oil and Gas industry which returned -45.8% over the past year.
Return vs Market: OXY underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| OXY | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 1.9% | 0.4% |
| 30 Day | -2.0% | 3.4% | 6.1% |
| 90 Day | -38.7% | -14.4% | 8.9% |
| 1 Year | -75.0%-76.3% | -42.4%-45.8% | 20.5%17.8% |
| 3 Year | -82.1%-84.6% | -45.3%-52.5% | 42.3%32.9% |
| 5 Year | -83.1%-86.7% | -43.2%-54.2% | 84.2%63.4% |
Price Volatility Vs. Market
How volatile is Occidental Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Occidental Petroleum (NYSE:OXY) Using Too Much Debt?1 month ago | Simply Wall St
Occidental Petroleum Corporation's (NYSE:OXY) Intrinsic Value Is Potentially 52% Above Its Share PriceValuation
Is Occidental Petroleum undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OXY ($10.02) is trading below our estimate of fair value ($49.43)
Significantly Below Fair Value: OXY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OXY is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: OXY is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OXY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OXY is good value based on its PB Ratio (0.7x) compared to the US Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is Occidental Petroleum forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
95.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OXY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: OXY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: OXY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: OXY's revenue (0.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: OXY's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OXY's Return on Equity is forecast to be low in 3 years time (2.2%).
Next Steps
Past Performance
How has Occidental Petroleum performed over the past 5 years?
29.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OXY is currently unprofitable.
Growing Profit Margin: OXY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OXY is unprofitable, but has reduced losses over the past 5 years at a rate of 29.6% per year.
Accelerating Growth: Unable to compare OXY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OXY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-35%).
Return on Equity
High ROE: OXY has a negative Return on Equity (-44.98%), as it is currently unprofitable.
Next Steps
Financial Health
How is Occidental Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: OXY's short term assets ($8.4B) do not cover its short term liabilities ($9.9B).
Long Term Liabilities: OXY's short term assets ($8.4B) do not cover its long term liabilities ($56.2B).
Debt to Equity History and Analysis
Debt Level: OXY's debt to equity ratio (172.2%) is considered high.
Reducing Debt: OXY's debt to equity ratio has increased from 25.1% to 172.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable OXY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OXY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.1% per year.
Next Steps
Dividend
What is Occidental Petroleum current dividend yield, its reliability and sustainability?
0.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OXY's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: OXY's dividend (0.4%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Stability and Growth of Payments
Stable Dividend: OXY is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: OXY is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: OXY is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OXY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Vicki Hollub (60 yo)
4.5yrs
Tenure
US$15,990,903
Compensation
Ms. Vicki A. Hollub has been the President and Chief Executive Officer at Occidental Petroleum Corporation since December 10, 2015 and April 29, 2016 respectively. Ms. Hollub has been a Director of Lockhee ...
CEO Compensation Analysis
Compensation vs Market: Vicki's total compensation ($USD15.99M) is above average for companies of similar size in the US market ($USD7.31M).
Compensation vs Earnings: Vicki's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$15.99m | 0.027% $ 2.5m | |
| Senior VP | 7yrs | US$5.40m | 0.012% $ 1.1m | |
| Executive VP & Non-Executive Group Chairman of Middle East | 5.67yrs | US$5.40m | 0.017% $ 1.6m | |
| Senior Vice President of Strategy | 4.75yrs | US$5.66m | 0.0039% $ 362.5k | |
| Senior VP & CFO | 0.50yr | no data | 0.013% $ 1.2m | |
| VP, Chief Accounting Officer & Controller | 1.17yrs | no data | 0.00062% $ 57.8k | |
| Chief Information Officer& VP | 6.25yrs | no data | no data | |
| Vice President of Investor Relations | 2.75yrs | no data | no data | |
| Vice President of Corporate Affairs | 8.42yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Business Support | 6.75yrs | US$4.82m | 0.0083% $ 774.5k | |
| Senior Vice President of Integration | 1.17yrs | no data | 0.0025% $ 230.2k |
4.8yrs
Average Tenure
51yo
Average Age
Experienced Management: OXY's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$15.99m | 0.027% $ 2.5m | |
| Independent Director | 0.58yr | no data | 0.0015% $ 138.9k | |
| Independent Director | 11.25yrs | US$393.60k | 0.0067% $ 627.2k | |
| Independent Chairman | 0.58yr | US$3.28m | 0.032% $ 3.0m | |
| Independent Director | 0.58yr | no data | 0.0020% $ 188.3k | |
| Independent Director | 7yrs | US$385.28k | 0.018% $ 1.7m | |
| Independent Director | 12.75yrs | US$429.21k | 0.0080% $ 747.5k | |
| Independent Vice Chairman | 1.75yrs | US$435.94k | 0.0041% $ 384.9k | |
| Independent Director | 1.25yrs | US$250.04k | 0.0040% $ 370.0k | |
| Independent Director | 0.58yr | no data | 0.0015% $ 138.9k | |
| Independent Director | 0.58yr | no data | 0.0015% $ 138.9k |
1.3yrs
Average Tenure
66yo
Average Age
Experienced Board: OXY's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OXY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.
Top Shareholders
Company Information
Occidental Petroleum Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Occidental Petroleum Corporation
- Ticker: OXY
- Exchange: NYSE
- Founded: 1920
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: US$9.320b
- Shares outstanding: 930.14m
- Website: https://www.oxy.com
Number of Employees
Location
- Occidental Petroleum Corporation
- 5 Greenway Plaza
- Suite 110
- Houston
- Texas
- 77046-0521
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OXY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| OPC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| OPC | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0KAK | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| OCPET | ENXTBR (Euronext Brussels) | Yes | Common Stock | BE | USD | Jan 1968 |
| OXY1 * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| OXYP34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | May 2019 |
Biography
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 Latin America ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 05:45 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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 here.