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Occidental Petroleum

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


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

-6.1%

OXY

-1.1%

US Oil and Gas

-1.1%

US Market


1 Year Return

-77.7%

OXY

-47.4%

US Oil and Gas

15.6%

US Market

Return vs Industry: OXY underperformed the US Oil and Gas industry which returned -47.4% over the past year.

Return vs Market: OXY underperformed the US Market which returned 15.6% over the past year.


Shareholder returns

OXYIndustryMarket
7 Day-6.1%-1.1%-1.1%
30 Day-7.4%-0.04%4.2%
90 Day-44.5%-17.9%6.3%
1 Year-76.5%-77.7%-44.2%-47.4%18.2%15.6%
3 Year-83.0%-85.3%-47.3%-54.2%39.6%30.4%
5 Year-84.3%-87.6%-46.5%-56.8%79.5%59.2%

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

Valuation

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 ($9.46) 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 (0.6x) 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 (10% 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?

0.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OXY's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: OXY's dividend (0.42%) is low compared to the top 25% of dividend payers in the US market (4.63%).


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 ($USD15.99M) is above average for companies of similar size in the US market ($USD7.37M).

Compensation vs Earnings: Vicki's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Vicki Hollub
President4.5yrsUS$15.99m0.027%
$ 2.4m
Marcia Backus
Senior VP5.67yrsUS$5.40m0.012%
$ 1.0m
Edward Lowe
Executive VP & Non-Executive Group Chairman of Middle East5.67yrsUS$5.40m0.017%
$ 1.5m
Oscar Brown
Senior Vice President of Strategy4.75yrsUS$5.66m0.0039%
$ 342.3k
Robert Peterson
Senior VP & CFO0.50yrno data0.013%
$ 1.1m
Christopher Champion
VP, Chief Accounting Officer & Controller1.17yrsno data0.00062%
$ 54.6k
Ioannis Charalambous
Chief Information Officer& VP6.25yrsno datano data
Jeff Alvarez
Vice President of Investor Relations2.75yrsno datano data
Melissa Schoeb
Vice President of Corporate Affairs8.42yrsno datano data
Darin Moss
Vice President of Human Resourcesno datano datano data
Glenn Vangolen
Senior Vice President of Business Support6.75yrsUS$4.82m0.0083%
$ 731.2k
Jennifer Kirk
Senior Vice President of Integration1.17yrsno data0.0025%
$ 217.3k

4.8yrs

Average Tenure

51yo

Average Age

Experienced Management: OXY's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vicki Hollub
President4.5yrsUS$15.99m0.027%
$ 2.4m
Nicholas Graziano
Independent Director0.58yrno data0.0015%
$ 131.1k
Carlos Gutierrez
Independent Director11.25yrsUS$393.60k0.0067%
$ 592.2k
Stephen Chazen
Independent Chairman0.58yrUS$3.28m0.032%
$ 2.8m
Andrew F. Gould
Independent Director0.58yrno data0.0020%
$ 177.7k
William Klesse
Independent Director7yrsUS$385.28k0.018%
$ 1.6m
Avedick Poladian
Independent Director12.75yrsUS$429.21k0.0080%
$ 705.7k
Jack Moore
Independent Vice Chairman1.75yrsUS$435.94k0.0041%
$ 363.4k
Robert Shearer
Independent Director1.25yrsUS$250.04k0.0040%
$ 349.3k
Andrew Langham
Independent Director0.58yrno data0.0015%
$ 131.1k
Margarita Palau-Hernandez
Independent Director0.58yrno data0.0015%
$ 131.1k

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$8.799b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OXYNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
OPCDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
OPCXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1968
0KAKLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
OCPETENXTBR (Euronext Brussels)YesCommon StockBEUSDJan 1968
OXY1 *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1968
OXYP34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COMBRBRLMay 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 00:21
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.