Energy · NYSE/NASDAQ: OXY

OCCIDENTAL PETROLEUM CORP /DE/

Oil & Gas E&P
Market Cap $54.17B
Verdict: Weak

Quality Scores

Multi-Bagger
48/100
Compounder Quality
52/100
Management Credibility
60/100
Governance
70/100
Cash Flow Quality
82/100

AI Summary

Occidental Petroleum (OXY) has undergone a massive structural transformation following the 2019 Anadarko acquisition, shifting from a conservative explorer to a highly leveraged shale powerhouse. The company's balance sheet was severely stressed by the timing of the acquisition just before the 2020 pandemic, necessitating aggressive divestitures and debt reduction. Recent performance shows a significant recovery driven by high commodity prices and operational efficiencies in the Permian Basin, backed by a major endorsement from Berkshire Hathaway. While earnings are highly volatile due to oil…

Top Opportunities

  • Extensive Permian Basin footprint
  • Strong support from Berkshire Hathaway
  • Significant OCF generation capabilities

Top Risks

  • Extreme sensitivity to global oil price volatility
  • Heavy total debt load exceeding 25B USD in peak years
  • Intense regulatory pressure on hydraulic fracturing

Latest report: Read the annual report summary →

Unlock the full report

Full sections, financial charts, AI chat and PDF export are available with Premium.