Occidental Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
Occidental Petroleum has a total shareholder equity of $32.3B and total debt of $19.0B, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are $76.2B and $44.0B respectively. Occidental Petroleum's EBIT is $5.4B making its interest coverage ratio 6.2. It has cash and short-term investments of $1.8B.
Key information
58.9%
Debt to equity ratio
US$18.99b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$1.85b |
| Equity | US$32.26b |
| Total liabilities | US$43.96b |
| Total assets | US$76.22b |
Recent financial health updates
Is Occidental Petroleum (NYSE:OXY) A Risky Investment?
Dec 13
Occidental Petroleum (NYSE:OXY) Has A Pretty Healthy Balance Sheet
Sep 11Recent updates
Occidental Petroleum: Shares Beaten Down, Offer A Compelling Value
Sep 13As 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 29We Think Shareholders Will Probably Be Generous With Occidental Petroleum Corporation's (NYSE:OXY) CEO Compensation
Apr 26Occidental: Decades Of Growth Ahead
Apr 20Why We're Not Concerned About Occidental Petroleum Corporation's (NYSE:OXY) Share Price
Apr 10Occidental Petroleum's Diverse Strategy Just Might Work Out
Apr 01Occidental Petroleum Acquisition Progress Report
Mar 15Occidental Petroleum (NYSE:OXY) Is Paying Out A Larger Dividend Than Last Year
Mar 05Occidental Petroleum: Western Midstream Asset Sale Could Help Clean Up Balance Sheet
Feb 21Occidental Petroleum's (NYSE:OXY) Weak Earnings May Only Reveal A Part Of The Whole Picture
Feb 21Occidental Petroleum's (NYSE:OXY) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 20Occidental Petroleum: Buy Weakness, Wait Patiently And Don't Hurry
Jan 21Lacklustre Performance Is Driving Occidental Petroleum Corporation's (NYSE:OXY) Low P/E
Dec 31Occidental Petroleum Is A Permian Powerhouse
Dec 22Is Occidental Petroleum (NYSE:OXY) A Risky Investment?
Dec 13Occidental Petroleum: Follow Warren Buffett's Lead And Add Near His Dollar-Cost Average
Nov 28Occidental Petroleum Q3: OPEC+ Supply Cuts And Earnings Upside (Rating Upgrade)
Nov 22Occidental Petroleum Remains A Giant
Nov 13Are Investors Undervaluing Occidental Petroleum Corporation (NYSE:OXY) By 36%?
Nov 07Occidental: Left Out Of Deals Due To Buffett
Nov 01Occidental Petroleum: Take Me Down To 45Q Funkytown
Oct 13Occidental Petroleum: Buffett Teaches Persistency And Patience
Oct 02Occidental: Why It's Worth Waiting For A Better Entry Point
Sep 21Occidental Petroleum (NYSE:OXY) Has A Pretty Healthy Balance Sheet
Sep 11Occidental Petroleum: The Advantages Of Leverage
Sep 03Occidental Petroleum: Warren Buffett And WTI Crude To The Rescue (Rating Upgrade)
Aug 27Occidental Petroleum Is A Bit On The Pricey Side Again
Aug 14A Look At The Intrinsic Value Of Occidental Petroleum Corporation (NYSE:OXY)
Aug 03Occidental Petroleum: Q2 Results Prove Buffett Overpaid
Aug 02Occidental Petroleum: Buffett Is Likely Wrong
Jul 24Occidental Petroleum: Warren Buffett Solidifies His Position
Jul 11Occidental Petroleum: Time To Deal With The Preferred
Jul 02Financial Position Analysis
Short Term Liabilities: OXY's short term assets ($10.1B) exceed its short term liabilities ($9.7B).
Long Term Liabilities: OXY's short term assets ($10.1B) do not cover its long term liabilities ($34.3B).
Debt to Equity History and Analysis
Debt Level: OXY's net debt to equity ratio (53.2%) is considered high.
Reducing Debt: OXY's debt to equity ratio has increased from 48.2% to 58.9% over the past 5 years.
Debt Coverage: OXY's debt is well covered by operating cash flow (56.7%).
Interest Coverage: OXY's interest payments on its debt are well covered by EBIT (6.2x coverage).