Occidental Petroleum Corporation

OXY

Occidental Petroleum Corporation

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Occidental Petroleum Corporation.

R40: -16 · 2026 Q1 $57.77B
$57.07
News

Coverage

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Rule of 40 2026 Q1
-16.3
✗ Below 40
Revenue Growth YoY -11.0%
+
FCF Margin -5.3%
History
11
Q2
25
Q3
14
Q4
2024 R40 +9
0
Q1
9
Q2
9
Q3
-30
Q4
2025 R40 -7
-16
Q1
Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q2 2026-06-30 2026-08-05 Details →
2026 Q1 2026-03-31 2026-05-05 Details →
2025 Q4 2025-12-31 Details →
2025 Q3 2025-09-30 Details →
2025 Q2 2025-06-30 Details →
2025 Q1 2025-03-31 Details →
2024 Q4 2024-12-31 Details →
2024 Q3 2024-09-30 Details →
2024 Q2 2024-06-30 Details →
2024 Q1 2024-03-31 Details →
2023 Q4 2023-12-31 Details →
2023 Q3 2023-09-30 Details →
2023 Q2 2023-06-30 Details →
2023 Q1 2023-03-31 Details →

All OXY earnings →

Background

Company History

Exchange
NYSE
IPO Date
Mar 3, 1964
Shares Outstanding
1.01B
1920
Founding in Los Angeles

Occidental Petroleum is founded in Los Angeles, California, as a small oil exploration company.

1957
Armand Hammer Takes Control

Armand Hammer acquires a controlling interest and becomes president and CEO after the company strikes a rich crude deposit in Southern California, transforming Occidental into a major producer.

1964
NYSE Listing

Occidental Petroleum begins trading on the New York Stock Exchange under the ticker OXY.

2019
Anadarko Acquisition

Occidental acquires Anadarko Petroleum for about $55 billion, funded in part by a $10 billion preferred equity investment from Berkshire Hathaway, making Warren Buffett's firm a major long-term shareholder.

2024
CrownRock Acquisition

Occidental closes its roughly $12.4 billion acquisition of Permian Basin producer CrownRock, expanding its Midland Basin footprint.

2026
OxyChem Sale to Berkshire and CEO Transition

Occidental completes the $9.5 billion sale of its OxyChem chemicals unit to Berkshire Hathaway, accelerating debt paydown, while Richard Jackson succeeds Vicki Hollub as President and CEO effective June 1, 2026.

Leadership

Key Players

Richard Jackson
President & CEO
A 25-year Occidental veteran who was Senior VP and COO before succeeding Vicki Hollub as President and CEO effective June 1, 2026, inheriting the company's deleveraging push and Permian/carbon-capture strategy.
Vicki Hollub
Former President & CEO (retired)
Led Occidental as CEO since 2016 through the Anadarko and CrownRock acquisitions and the OxyChem divestiture; retired June 1, 2026 but remains on the Board of Directors.
Warren Buffett / Berkshire Hathaway
Largest shareholder Investor
Berkshire Hathaway holds roughly 265 million OXY shares (about 26.6% of shares outstanding, worth over $17 billion) and separately purchased Occidental's OxyChem chemicals unit for $9.5 billion, a deal that closed January 2, 2026.
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