FirmAtlas

Company handbook · OXY · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17

OXY · CIK 797468 · LATEST FILING: 10-Q JUN '26 · FILED AUG 5, 2026

Occidental Petroleum Corporation

$62.38 +1.71 (+2.82%)

Close, Oct 16, 2026 · 52-week $39–67

↗ oxy.com

Last fiscal year

Occidental Petroleum Corporation reported revenue of $21.6B for the year ended Dec 31, 2025 (FY25), down 5.0% from FY24. Net income was $1.6B, operating cash flow $10.5B and free cash flow $4.1B. Source: 10-K filed Feb 18, 2026.

Market cap

$61.5B

P/E

9.4

P/B

1.5

Div yield

1.67%

Revenue 1Y

−5.0%/yr

EPS 1Y

−34.0%/yr

Shares 1Y

+5%

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Daily closes, split-adjusted · ratios at each fiscal year end

Company

CEORichard Jackson

HQHouston, TX

AuditorKPMG LLP

Year endsDecember

Revenue by segment · FY25

Oil And Gas94%

Midstream And Marketing6%

Compounded growth & averages

10Y

TTM

Share price

−1.6%

14.5%

−1.5%

52.0%

Upgrade to see 10 years

Share price: yearly compound rate of the traded close; the last column is the past year.

Where the cash went · FY24–FY25

$15.8B deployed

Capex $12.7B 80.5%

Dividends $3.0B 19.3%

Buybacks $27M 0.2%

Operating cash flow over the period: $22.0B. Total debt changed by −$4.4B.

Sources 10-K FY25 10-Q Jun '26 All filings on EDGAR

Latest filings

Aug 5, 2026 Quarterly results 8-K Jul 10, 2026 Quarterly results 8-K May 5, 2026 Quarterly results 8-K May 4, 2026 Executive or director change 8-K Apr 10, 2026 Quarterly results 8-K

Growth engines

How much of the profit growth came from new investment, and how much from running the business better.

Upgrade to see 10 years

Financials

Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year

Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier

TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.

Income

FY24 FY25

TTM

Revenue

22,710

21,569−5.0%

23,215

YoY

−5.0%

Gross profit

19,589

—

Gross margin

86.3%

—

Interest expense

1,169

1,079−7.7%

—

Net income

2,364

1,612−31.8%

6,534

YoY

−31.8%

Net margin

10.4%

7.5%−2.9 pp

—

EPS (diluted, $)

2.44

1.61−34.0%

6.46

YoY

−34.0%

Balance sheet

FY24 FY25

TTM

Total assets

85,445

84,186−1.5%

80,358

Cash & short-term investments

2,150

2,005−6.7%

—

Accounts receivable

2,839

2,575−9.3%

—

Inventory

1,756

1,823+3.8%

—

Net PP&E

65,863

63,643−3.4%

—

Other assets

12,837

14,140+10.2%

—

Total liabilities

51,286

48,152−6.1%

38,612

Accounts payable

3,472

3,285−5.4%

—

Total debt

24,979

20,623−17.4%

13,540

Other liabilities

22,835

24,244+6.2%

—

Shareholders’ equity

34,159

36,034+5.5%

41,746

Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.

Cash flow statement · as filed

FY24 FY25

TTM

Cash from operations

11,439

10,532−7.9%

10,976

Net income

3,078

2,369−23.0%

—

Depreciation & amortization

6,951

7,533+8.4%

—

Stock-based compensation

213

234+9.9%

—

Working capital & other

1,197

396−66.9%

—

Cash from investing

(14,590)

(5,799)n/m

—

Capex

(6,263)

(6,427)n/m

—

Other investing

(8,327)

628n/m

—

Cash from financing

3,844

(4,844)−226.0%

—

Debt raised

9,700

—

Debt repaid

(4,514)

(3,754)n/m

—

Dividends

(1,446)

(1,594)n/m

—

Buybacks

(27)

0n/m

—

Shares issued

584

966+65.4%

—

Other financing

(453)

(462)n/m

—

Net change in cash

693

(111)−116.0%

—

Free cash flow (OCF − capex)

5,176

4,105−20.7%

4,793

Where the cash went

FY24 FY25

TTM

Operating cash flow

11,439

10,532−7.9%

10,976

Reinvested in the business

6,263

6,427+2.6%

—

% of operating cash flow

54.8%

61.0%

Capex

6,263

6,427+2.6%

6,183

Free cash flow

5,176

4,105−20.7%

4,793

YoY

−20.7%

Returned to shareholders

1,473

1,594+8.2%

—

% of free cash flow

28.5%

38.8%

Dividends

1,446

1,594+10.2%

—

Buybacks

0−100.0%

—

Change in total debt

—

(4,356)

—

Cash left over

—

(1,845)

—

FCF conversion (FCF ÷ net income)

219.0%

254.7%+35.7 pp

—

Owner earnings

—

2,728

—

Owner earnings margin

—

12.6%

—

Buyback yield

0.1%

—

Returns & ratios

FY24 FY25

TTM

Debt / equity

0.73x

0.57x−0.16x

—

ROE

6.9%

4.5%−2.4 pp

—

ROA

2.8%

1.9%−0.9 pp

—

Invested capital (operating)

66,986

64,756−3.3%

—

Invested capital (all)

56,988

54,652−4.1%

—

Income

Sep '25

Dec '25

Mar '26

Jun '26

Revenue

6,682

3,911

5,569

7,053

vs year-ago quarter

Gross profit

5,870

—

Gross margin

87.8%

—

Net income

657

(67)

3,156

2,788

vs year-ago quarter

Net margin

9.8%

−1.7%

56.7%

39.5%

EPS (diluted, $)

0.65

−0.07

3.13

2.75

vs year-ago quarter

Balance sheet

Sep '25

Dec '25

Mar '26

Jun '26

Total assets

83,472

84,186

80,464

80,358

Cash & equivalents

2,196

2,005

3,847

4,188

Total debt

20,846

20,623

15,247

13,540

Shareholders’ equity

36,261

36,034

38,932

41,746

Cash flow

Sep '25

Dec '25

Mar '26

Jun '26

Operating cash flow

2,790

2,634

1,281

4,271

Capex

2,287

753

1,554

1,589

Free cash flow

503

1,881

(273)

2,682

vs year-ago quarter