Financials Occidental Petroleum Corporation

Equities

OXY

US6745991058

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-05-07 pm EDT			5-day change	1st Jan Change
65.07 ^USD	+0.08%		-1.62%	+8.98%

May. 07	SRH Total Return Fund Insider Bought Shares Worth $29,221,050, According to a Recent SEC Filing	MT
May. 07	Occidental Petroleum Q1 Earnings, Revenue Decline	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	36,814	16,119	27,076	57,061	52,400	57,682	-	-
Enterprise Value (EV) ¹	72,370	50,126	53,905	75,886	70,712	90,224	82,307	68,376
P/E ratio	-33.8 x	-1.01 x	18.3 x	5.08 x	15.3 x	16.9 x	11.7 x	10.5 x
Yield	7.62%	4.74%	0.14%	0.83%	1.21%	1.33%	1.43%	1.58%
Capitalization / Revenue	1.73 x	0.99 x	1.03 x	1.54 x	1.81 x	1.93 x	1.74 x	1.71 x
EV / Revenue	3.41 x	3.08 x	2.05 x	2.05 x	2.45 x	3.03 x	2.48 x	2.02 x
EV / EBITDA	7.1 x	7.23 x	3.59 x	3.38 x	4.9 x	6.27 x	5.1 x	4.07 x
EV / FCF	85.3 x	35.3 x	7.3 x	6.15 x	11.7 x	17.6 x	13.6 x	10.8 x
FCF Yield	1.17%	2.83%	13.7%	16.2%	8.54%	5.69%	7.34%	9.27%
Price to Book	1.08 x	0.87 x	1.33 x	1.88 x	1.74 x	2.5 x	2.05 x	1.8 x
Nbr of stocks (in thousands)	893,317	931,209	933,981	905,878	877,581	886,465	-	-
Reference price ²	41.21	17.31	28.99	62.99	59.71	65.07	65.07	65.07
Announcement Date	2/27/20	2/22/21	2/24/22	2/27/23	2/14/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	21,232	16,261	26,314	37,095	28,918	29,812	33,227	33,786
EBITDA ¹	10,190	6,929	15,034	22,468	14,436	14,386	16,129	16,816
EBIT ¹	4,209	-1,168	6,587	15,542	7,571	6,645	7,573	9,444
Operating Margin	19.82%	-7.18%	25.03%	41.9%	26.18%	22.29%	22.79%	27.95%
Earnings before Tax (EBT) ¹	186	-15,705	3,705	14,117	6,429	5,783	8,044	8,375
Net income ¹	-985	-15,675	1,522	12,504	3,773	3,727	5,506	5,958
Net margin	-4.64%	-96.4%	5.78%	33.71%	13.05%	12.5%	16.57%	17.64%
EPS ²	-1.220	-17.06	1.580	12.40	3.900	3.855	5.565	6.177
Free Cash Flow ¹	848	1,420	7,383	12,331	6,038	5,132	6,041	6,338
FCF margin	3.99%	8.73%	28.06%	33.24%	20.88%	17.22%	18.18%	18.76%
FCF Conversion (EBITDA)	8.32%	20.49%	49.11%	54.88%	41.83%	35.68%	37.46%	37.69%
FCF Conversion (Net income)	-	-	485.09%	98.62%	160.03%	137.7%	109.71%	106.37%
Dividend per Share ²	3.140	0.8200	0.0400	0.5200	0.7200	0.8667	0.9313	1.026
Announcement Date	2/27/20	2/22/21	2/24/22	2/27/23	2/14/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	8,010	8,533	10,735	9,501	8,326	7,258	6,731	7,400	7,529	6,010	5,549	5,554	6,108	7,514	7,474
EBITDA ¹	4,775	5,235	6,768	5,777	4,688	3,843	3,335	3,846	3,412	3,171	3,465	3,738	3,844	4,116	4,276
EBIT ¹	2,809	3,592	5,040	4,041	2,869	2,122	1,626	2,134	1,689	1,478	1,605	1,685	1,772	1,839	1,737
Operating Margin	35.07%	42.1%	46.95%	42.53%	34.46%	29.24%	24.16%	28.84%	22.43%	24.59%	28.92%	30.34%	29%	24.47%	23.24%
Earnings before Tax (EBT) ¹	2,030	3,083	4,986	3,648	2,400	1,734	1,327	1,809	1,559	1,010	1,478	1,598	1,657	1,859	1,856
Net income ¹	1,337	4,676	3,555	2,546	1,727	983	605	1,156	1,029	718	921.5	1,035	1,162	1,184	1,316
Net margin	16.69%	54.8%	33.12%	26.8%	20.74%	13.54%	8.99%	15.62%	13.67%	11.95%	16.61%	18.63%	19.02%	15.76%	17.6%
EPS ²	1.370	4.650	3.470	2.520	1.740	1.000	0.6300	1.200	1.080	0.7500	0.9113	1.071	1.189	1.321	1.346
Dividend per Share ²	0.0100	0.1300	0.1300	0.1300	0.1300	0.1800	0.1800	0.1800	0.1800	-	0.2200	0.2200	0.2200	0.2940	0.2940
Announcement Date	2/24/22	5/10/22	8/2/22	11/8/22	2/27/23	5/9/23	8/2/23	11/7/23	2/14/24	5/7/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	35,556	34,007	26,829	18,825	18,312	32,541	24,625	10,694
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	3.489 x	4.908 x	1.785 x	0.8379 x	1.268 x	2.262 x	1.529 x	0.6359 x
Free Cash Flow ¹	848	1,420	7,383	12,331	6,038	5,132	6,041	6,338
ROE (net income / shareholders' equity)	4.26%	-13.6%	12.6%	37.4%	12.5%	16.7%	19.1%	16.3%
ROA (Net income/ Total Assets)	1.55%	-16.7%	3.17%	12.8%	5.15%	-	-	-
Assets ¹	-63,713	93,627	47,997	97,866	73,309	-	-	-
Book Value Per Share ²	38.30	19.90	21.80	33.40	34.40	26.00	31.70	36.10
Cash Flow per Share ²	7.580	5.570	12.20	18.10	12.10	12.40	14.00	14.20
Capex ¹	6,355	2,535	2,870	4,479	6,270	6,883	7,278	7,285
Capex / Sales	29.93%	15.59%	10.91%	12.07%	21.68%	29.64%	22.72%	22.69%
Announcement Date	2/27/20	2/22/21	2/24/22	2/27/23	2/14/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Occidental Petroleum Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

65.07 USD

Average target price

71.5 USD

Spread / Average Target

+9.88%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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