Occidental Petroleum
Market Cap
US$34.0b
Last Updated
2019/12/08 23:39 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 and internationally.
Rewards
Risk Analysis
Dividend of 8.1% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Reasonable growth potential average dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.1%
OXY
1.7%
US Oil and Gas
0.3%
US Market
1 Year Return
-41.4%
OXY
-10.0%
US Oil and Gas
18.5%
US Market
Return vs Industry: OXY underperformed the US Oil and Gas industry which returned -10% over the past year.
Return vs Market: OXY underperformed the US Market which returned 18.5% over the past year.
Shareholder returns
| OXY | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 1.7% | 0.3% |
| 30 Day | -2.7% | -2.6% | 1.5% |
| 90 Day | -13.3% | -1.6% | 5.7% |
| 1 Year | -38.6%-41.4% | -6.7%-10.0% | 21.1%18.5% |
| 3 Year | -36.7%-44.7% | -12.3%-20.3% | 45.9%36.4% |
| 5 Year | -34.6%-47.4% | -7.3%-21.1% | 71.4%52.5% |
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
4 days ago | Simply Wall St
We Wouldn't Be Too Quick To Buy Occidental Petroleum Corporation (NYSE:OXY) Before It Goes Ex-Dividend1 week ago | Simply Wall St
Are Investors Undervaluing Occidental Petroleum Corporation (NYSE:OXY) By 44%?3 weeks ago | Simply Wall St
Independent Director William Klesse Just Bought Shares In Occidental Petroleum Corporation (NYSE:OXY)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 ($39.01) is trading below our estimate of fair value ($81.39)
Significantly Below Fair Value: OXY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OXY is poor value based on its PE Ratio (28.2x) compared to the Oil and Gas industry average (9.9x).
PE vs Market: OXY is poor value based on its PE Ratio (28.2x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: OXY is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: OXY is overvalued based on its PB Ratio (1.3x) 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 16 analysts?
36.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OXY's forecast earnings growth (36% per year) is above the savings rate (1.7%).
Earnings vs Market: OXY's earnings (36% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OXY's revenue (12% per year) is forecast to grow faster than the US market (7.4% per year).
High Growth Revenue: OXY's revenue (12% 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 (11%).
Next Steps
Past Performance
How has Occidental Petroleum performed over the past 5 years?
45.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OXY has a large one-off loss of $1.0B impacting its September 30 2019 financial results.
Growing Profit Margin: OXY's current net profit margins (5.7%) are lower than last year (23.6%).
Past Earnings Growth Analysis
Earnings Trend: OXY's earnings have grown significantly by 45.9% per year over the past 5 years.
Accelerating Growth: OXY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OXY had negative earnings growth (-72.5%) over the past year, making it difficult to compare to the Oil and Gas industry average (-15.6%).
Return on Equity
High ROE: OXY's Return on Equity (3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Occidental Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: OXY's short term assets ($20.9B) exceed its short term liabilities ($15.7B).
Long Term Liabilities: OXY's short term assets ($20.9B) do not cover its long term liabilities ($68.7B).
Debt to Equity History and Analysis
Debt Level: OXY's debt to equity ratio (120.6%) is considered high.
Reducing Debt: OXY's debt to equity ratio has increased from 19.1% to 120.6% over the past 5 years.
Debt Coverage: OXY's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: OXY's interest payments on its debt are well covered by EBIT (6.6x coverage).
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 0.4x debt).
Next Steps
Dividend
What is Occidental Petroleum's current dividend yield, its reliability and sustainability?
8.10%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: OXY's dividend (8.1%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: OXY's dividend (8.1%) is in the top 25% of dividend payers in the US market (3.7%)
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: With its high payout ratio (225.9%), OXY's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OXY's dividends in 3 years are not forecast to be well covered by earnings (120.5% payout ratio).
Next Steps
Management
What is the CEO of Occidental Petroleum's salary, the management and board of directors tenure and is there insider trading?
4.4yrs
Average management tenure
CEO
Vicki Hollub (59yo)
3.7yrs
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 ($USD11.01M).
Compensation vs Earnings: Vicki's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.4yrs
Average Tenure
58.5yo
Average Age
Experienced Management: OXY's management team is considered experienced (4.4 years average tenure).
Board Age and Tenure
6.0yrs
Average Tenure
66yo
Average Age
Experienced Board: OXY's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: OXY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 5,000 |
| Max Price | US$38.96 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 6,000 |
| Max Price | US$38.09 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 12,000 |
| Max Price | US$39.31 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$45.54 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$42.62 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$44.57 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP & CFO |
| Shares | 2,500 |
| Max Price | US$43.27 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$43.15 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$44.96 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 15,000 |
| Max Price | US$50.22 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$48.77 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP & CFO |
| Shares | 4,100 |
| Max Price | US$49.61 |
| Entity | Individual |
| Shares | 15,000 |
| Max Price | US$48.51 |
| Entity | Individual |
| Role | Senior Key Executive Senior Vice President of Business Support |
| Shares | 5,000 |
| Max Price | US$48.53 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 9,100 |
| Max Price | US$48.12 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$48.22 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 37,460 |
| Max Price | US$48.15 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 10,000 |
| Max Price | US$48.09 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Cedric Burgher (58yo)
Senior VP & CFO
- Tenure: 2.6yrs
- Compensation: US$5.32m
Marcia Backus (65yo)
Senior VP
- Tenure: 6.2yrs
- Compensation: US$5.18m
Melissa Schoeb (50yo)
Vice President of Corporate Affairs
- Tenure: 7.6yrs
Sandy Lowe (68yo)
Executive VP & Group Chairman of Middle East
- Tenure: 4.8yrs
- Compensation: US$5.33m
Glenn Vangolen (60yo)
Senior Vice President of Business Support
- Tenure: 5.9yrs
- Compensation: US$4.82m
Cynthia Walker (42yo)
Senior Vice President of Marketing and Midstream Operations & Development
- Tenure: 3.9yrs
- Compensation: US$2.56m
Vicki Hollub (59yo)
President
- Tenure: 3.7yrs
- Compensation: US$14.11m
Ioannis Charalambous
Chief Information Officer& VP
- Tenure: 5.4yrs
Christopher Champion (49yo)
VP, Chief Accounting Officer & Controller
- Tenure: 0.3yrs
Jeff Alvarez
Vice President of Investor Relations
- Tenure: 1.9yrs
Board Members
Carlos Gutierrez (65yo)
Independent Director
- Tenure: 10.4yrs
- Compensation: US$375.00k
Gene Batchelder (72yo)
Independent Chairman
- Tenure: 4.6yrs
- Compensation: US$490.01k
Bill Klesse (73yo)
Independent Director
- Tenure: 6.2yrs
- Compensation: US$350.04k
Peggy Foran (65yo)
Independent Director
- Tenure: 9yrs
- Compensation: US$385.00k
Dick Poladian (68yo)
Independent Director
- Tenure: 11.9yrs
- Compensation: US$386.29k
Jack Moore (66yo)
Independent Vice Chairman
- Tenure: 0.9yrs
- Compensation: US$350.04k
E. Abraham (66yo)
Independent Director
- Tenure: 14.6yrs
- Compensation: US$358.79k
Bob Shearer (64yo)
Director
- Tenure: 0.4yrs
Elisse Walter (68yo)
Independent Director
- Tenure: 5.8yrs
- Compensation: US$360.04k
Vicki Hollub (59yo)
President
- Tenure: 3.7yrs
- Compensation: US$14.11m
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$33.964b
- Shares outstanding: 893.32m
- Website: https://www.oxy.com
Number of Employees
Location
- Occidental Petroleum Corporation
- 5 Greenway Plaza
- Suite 110
- Houston
- Texas
- 77046
- 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 and internationally. The company op ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/08 23:39 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.