Occidental Petroleum Corporation OXY Chief Executive

What Richard Jackson says in public, and what their own SEC filings show they own.

Richard Jackson

Richard Jackson

President & CEO · Occidental Petroleum Corporation

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.

What they own

Ownership

Skin in the game
24/ 70
Level 2Aligned

Jackson owns about 0% of Occidental Petroleum Corporation, worth $25.1M at the last close.

SEC filings
18
Stake 454,150 reported shares ≈ 0.0% of shares outstanding — no 13G on file, so an estimate 4/35
Founder Not assessed — whether they founded the company has not been researched Not assessed
Tenure No start date on record, so tenure scores nothing 0/10
Track record Not assessed — their prior companies have not been researched Not assessed
Direction Net buyer — 4,770 shares bought on the open market, no sales — but an award of 189,339 shares came free 10/15
Discipline No late Form 4s in 18 filings 10/10

Nobody has researched this person's career yet, so founder and track record are left out of the score and of the total above.

Score = stake band (35) + founder (15) + tenure (10) + track record (15) + 12-month direction (−10…15) + filing discipline (10). An axis we have not researched is left out of the score and of the total it is shown over. Every input links to a filing or to our own research; the bands are ours.

Reported · Forms 3, 4, 5 454,150 Every lot on the person's own filings, as of Jun 23, 2026
Last open-market trade Buy · $250K Jun 23, 2026 · 4,770 shares at $52.38 · no 10b5-1 plan
Paper trail Clean Nothing flagged in the filings since Jun 24, 2026
Reported Occidental Petroleum Corporation shares Forms 3, 4 and 5 · as of 2026-06-23
0200K400K600K 2020202120222023202420252026 Jun 2026: net +106,952 shares across 2 movements (largest: award +101,833)Mar 2026: net +37,679 shares across 1 movement (largest: award +37,679)Feb 2026: net +1,307 shares across 3 movements (largest: award +18,393)Oct 2025: net +31,971 shares across 1 movement (largest: award +31,434) 454,150

Dots mark the months the activity below moved the line. Hover one for that month's net move, how many movements it folds and the largest.

How the stake is held
SecurityHeld viaShares
Common StockDirect444,098
Common StockOPC Savings Plan10,052
Reported as of 2026-06-23454,150
Held directly
98%
Vehicles
1 trust or entity
Last filing
Jun 24, 2026
Activity · last 12 months 7 events folded from 7 filing lines · Every filing on EDGAR ↗
DateTypeWhat happenedSharesPriceValueNote
Jun 23, 2026 Buy Open-market purchase +4,770 $52.38 $250K no 10b5-1 plan
Jun 1, 2026 Award Grant or award +101,833 — —
Mar 1, 2026 Award Grant or award +37,679 — —
Feb 28, 2026 Tax Shares withheld for tax −10,131 $53.08 $538K
Feb 18, 2026 Award Grant or award +18,393 — —
Feb 18, 2026 Tax Shares withheld for tax −7,268 $47.11 $342K
Oct 1, 2025 Award Grant or award +31,434 — —
Every issuer Richard Jackson files as an insider of
CompanyRoleReportedBeneficial% of class
OXY OCCIDENTAL PETROLEUM CORP /DE/ This page President and CEO 454,150
2026-06-23		 — —

Reported is every lot on the person's own Forms 3, 4 and 5 — direct and through trusts. Beneficial is the figure stated on the latest Schedule 13D/G cover page, which can exclude shares the person disclaims and include options exercisable within 60 days, so the two are never added together.

Paper trail

Nothing flagged: every Form 4 inside the two-day window, no pledge footnotes, no SEC correspondence.

18 filings under CIK 0001814606 · captured 2026-09-05 · All filings on EDGAR ↗

On the record with shareholders

Earnings calls

  1. Q2 2026 Aug 6, 2026 Jackson used his second call as chief executive to replace a quarter with a decade. Rather than sell the June quarter's numbers — a record midstream result, the highest free cash flow since 2022 — he argued that Occidental has quietly rebuilt itself into a company that can add more than $4 billion of annual cash flow by 2030 without pumping a single extra barrel, and that roughly 85% of that arrives even if oil is cheap. His case rests on three structural changes rather than on price: interest expense falling by about $740 million a year as principal debt goes from $11.8 billion toward $10 billion, sustaining capital falling by $900 million as advanced recovery pulls the base decline rate from about 25% to 20%, and roughly $400 million of direct-air-capture spending rolling off once STRATOS moves from construction to operations. On what to do with the cash he was deliberately conservative — debt first, then the 2029 preferred redemption, buybacks last, and any growth only if it is "measured, efficiency-led and clearly value additive." Read the call · 12 quotes →
In their own words

Podcasts, interviews & articles

1 recorded appearance

2026

Interview CNBC Power Lunch · Aug 6, 2026 · 6 min

Watch CNBC's full interview with Occidental Petroleum CEO Richard Jackson

In his first extended TV interview since taking over from Vicki Hollub in June, Jackson walked through Occidental's highest quarterly profit since 2022 and argued the company's next leg of growth comes from squeezing more out of existing Permian assets and enhanced-recovery technology rather than new acquisitions, while continuing to pay down debt.

Watch or read →

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