Occidental Petroleum
Market Cap
US$9.9b
Last Updated
2020/03/31 01:45 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.
Rewards
Risk Analysis
Dividend of 27.22% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Average dividend payer and fair value.
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
2.7%
OXY
5.9%
US Oil and Gas
7.2%
US Market
1 Year Return
-83.5%
OXY
-56.4%
US Oil and Gas
-10.4%
US Market
Return vs Industry: OXY underperformed the US Oil and Gas industry which returned -57.2% over the past year.
Return vs Market: OXY underperformed the US Market which returned -12.7% over the past year.
Shareholder returns
| OXY | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 5.9% | 7.2% |
| 30 Day | -66.4% | -35.6% | -12.6% |
| 90 Day | -73.3% | -51.6% | -19.4% |
| 1 Year | -82.0%-83.5% | -54.6%-56.4% | -8.5%-10.4% |
| 3 Year | -79.5%-82.8% | -51.8%-56.5% | 15.8%8.3% |
| 5 Year | -81.4%-85.7% | -55.3%-62.2% | 35.8%21.0% |
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
5 days ago | Simply Wall St
An Intrinsic Calculation For Occidental Petroleum Corporation (NYSE:OXY) Suggests It's 49% Undervalued3 weeks ago | Simply Wall St
The Independent Director of Occidental Petroleum Corporation (NYSE:OXY), Elisse Walter, Just Bought 18% More Shares3 weeks ago | Simply Wall St
We Wouldn't Be Too Quick To Buy Occidental Petroleum Corporation (NYSE:OXY) Before It Goes Ex-DividendValuation
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 ($11.61) is trading below our estimate of fair value ($37.39)
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 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 (0.4x) compared to the US Oil and Gas industry average (0.5x).
Next Steps
Future Growth
How is Occidental Petroleum forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
39.4%
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 is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: OXY's revenue is forecast to decline over the next 3 years (-0.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OXY is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Occidental Petroleum performed over the past 5 years?
56.0%
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 56% 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 (-11.4%).
Return on Equity
High ROE: OXY has a negative Return on Equity (-1.48%), 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 ($18.7B) exceed its short term liabilities ($14.9B).
Long Term Liabilities: OXY's short term assets ($18.7B) do not cover its long term liabilities ($60.1B).
Debt to Equity History and Analysis
Debt Level: OXY's debt to equity ratio (115.7%) is considered high.
Reducing Debt: OXY's debt to equity ratio has increased from 19.6% to 115.7% over the past 5 years.
Balance Sheet
Inventory Level: OXY has a high level of physical assets or inventory.
Debt Coverage by Assets: OXY's debt is not covered by short term assets (assets are 0.5x debt).
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: OXY has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: OXY has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Occidental Petroleum's current dividend yield, its reliability and sustainability?
28.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OXY's dividend (27.22%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: OXY's dividend (27.22%) is in the top 25% of dividend payers in the US market (5.49%)
Stability and Growth of Payments
Stable Dividend: OXY's dividends per share have been stable in the past 10 years.
Growing Dividend: OXY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: OXY is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: OXY is forecast to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not forecast to be well covered.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Vicki Hollub (59yo)
3.83s
Tenure
US$14,105,693
Compensation
Ms. Vicki A. Hollub has been the President and Chief Executive Officer at Occidental Petroleum Corporation since December 10, 2015 and April 29, 2016 respectively. Ms. Hollub has been a Director of Lockhee ...
CEO Compensation Analysis
Compensation vs Market: Vicki's total compensation ($USD14.11M) is about average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Vicki's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.83yrs | US$14.11m | 0.026% $2.6m | |
| Senior VP & CFO | 2.83yrs | US$5.32m | 0.0051% $504.6k | |
| Senior VP | 6.42yrs | US$5.18m | 0.0092% $904.8k | |
| Executive VP & Group Chairman of Middle East | 5yrs | US$5.33m | 0.018% $1.8m | |
| Senior Vice President of Business Support | 6.17yrs | US$4.82m | 0.0086% $850.6k | |
| VP, Chief Accounting Officer & Controller | 0.58yr | no data | 0.00064% $63.1k | |
| Chief Information Officer& VP | 5.67yrs | no data | no data | |
| Vice President of Investor Relations | 2.17yrs | no data | no data | |
| Vice President of Corporate Affairs | 7.83yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data |
5.0yrs
Average Tenure
59yo
Average Age
Experienced Management: OXY's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.83yrs | US$14.11m | 0.026% $2.6m | |
| Independent Director | 10.67yrs | US$375.00k | 0.0056% $550.0k | |
| Chairman | no data | US$3.28m | 0.027% $2.7m | |
| Director | 6.42yrs | US$490.01k | 0.0056% $552.9k | |
| Independent Director | 6.42yrs | US$350.04k | 0.017% $1.6m | |
| Independent Director | 9.25yrs | US$385.00k | 0.0057% $559.8k | |
| Independent Director | 12.17yrs | US$386.29k | 0.0068% $668.3k | |
| Independent Vice Chairman | 1.17yrs | US$350.04k | 0.0029% $287.8k | |
| Independent Director | 14.83yrs | US$358.79k | 0.0055% $543.1k | |
| Independent Director | 6yrs | US$360.04k | 0.0028% $273.0k |
6.4yrs
Average Tenure
67yo
Average Age
Experienced Board: OXY's board of directors are considered experienced (6.4 years average tenure).
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 6.3%.
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$9.856b
- Shares outstanding: 895.22m
- 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 |
| OXY1 * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| OXYP34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REP 0.5 COM USD0.20 | 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. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. 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, polyvinyl chloride, and ethylene. The Midstream and Marketing 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; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 01:45 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| 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.