Occidental Petroleum Corporation (N:OXY)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEC
Company Contact
Address: 5 Greenway Plz Ste 110
HOUSTON TX 77046-0521
Tel: 1-713-5528811
Website: www.oxy.com
IR: See website
Key People
Eugene L. Batchelder
Independent Chairman of the Board
Vicki A. Hollub
President, Chief Executive Officer, Director
Cedric W. Burgher
Chief Financial Officer, Senior Vice President
Edward A. Lowe
Executive Vice President, Group Chairman - Middle East, President - Oxy Oil and Gas International
Marcia E. Backus
Senior Vice President, Chief Compliance Officer, General Counsel
Glenn M. Vangolen
Senior Vice President - Business Support
Jennifer M. Kirk
Principal Accounting Officer, Vice President, Controller
Business Overview
Occidental Petroleum Corporation (Occidental) is an oil and gas exploration and production company. The Company operates through three segments: oil and gas, chemical (OxyChem), and midstream and marketing. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas. The OxyChem segment manufactures and markets basic chemicals and vinyls. The midstream and marketing segment gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. The Company also trades around its assets, including transportation and storage capacity. Additionally, the midstream and marketing segment invests in entities that conduct similar activities. Occidental's domestic upstream oil and gas operations are located in New Mexico and Texas. Its international operations are located in Bolivia, Colombia, Oman, Qatar and the United Arab Emirates (UAE).
Financial Overview
For the three months ended 31 March 2019, Occidental Petroleum Corporation revenues increased 9% to $4.14B. Net income applicable to common stockholders decreased 11% to $628M. Revenues reflect Mindstream, Marketing and Other segment increase from $389M to $816M, Crude Oil Production, Total increase of 13% to 41.3M barrels, Oil Equivalent Production (B/d)-US increase of 25% to 421K barrels per day.
Employees: 11,000 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $45,468M as of Mar 31, 2019
Annual revenue (TTM): $18,102M as of Mar 31, 2019
EBITDA (TTM): $9,168M as of Mar 31, 2019
Net annual income (TTM): $4,012M as of Mar 31, 2019
Free cash flow (TTM): -$787.00M as of Mar 31, 2019
Net Debt Last Fiscal Year: $8,590M as of Mar 31, 2019
Shares outstanding: 747,877,859 as of Mar 31, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization