RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Occidental Petroleum Net Income 2024

Occidental Petroleum Net Income

3.27 B USD

Occidental Petroleum Dividend yield

1.08 %

Ticker

OXY

ISIN

US6745991058

WKN

851921

In 2024, Occidental Petroleum's profit amounted to 3.27 B USD, a -13.38% increase from the 3.77 B USD profit recorded in the previous year.

The Occidental Petroleum Net Income history

YEARNET INCOME (undefined USD)
2026e4.41
2025e4.25
2024e3.27
20233.77
202212.5
20211.52
2020-15.68
2019-0.99
20184.11
20171.31
2016-0.57
2015-7.83
20140.62
20135.89
20124.59
20116.76
20104.52
20092.91
20086.84
20075.38
20064.19
20055.29
20042.57

Occidental Petroleum Aktienanalyse

What does Occidental Petroleum do?

Occidental Petroleum Corp is one of the oldest and largest independent oil and gas companies in the USA. Founded in 1920 by Armand Hammer, the company has evolved into a global energy provider. Occidental Petroleum ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Occidental Petroleum's Profit Margins

The profit margins of Occidental Petroleum represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Occidental Petroleum's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Occidental Petroleum's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Occidental Petroleum's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Occidental Petroleum’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Occidental Petroleum Stock

How much profit has Occidental Petroleum made this year?

Occidental Petroleum has made 3.27 B USD this year.

How has the profit developed compared to last year?

The profit has increased by -13.38% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Occidental Petroleum publish its earnings?

Occidental Petroleum publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Occidental Petroleum?

The profits of Occidental Petroleum are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Occidental Petroleum?

You can learn more about the earnings of Occidental Petroleum by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Occidental Petroleum pay?

Over the past 12 months, Occidental Petroleum paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 1.08 %. For the coming 12 months, Occidental Petroleum is expected to pay a dividend of 0.98 USD.

What is the dividend yield of Occidental Petroleum?

The current dividend yield of Occidental Petroleum is 1.08 %.

When does Occidental Petroleum pay dividends?

Occidental Petroleum pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Occidental Petroleum?

Occidental Petroleum paid dividends every year for the past 23 years.

What is the dividend of Occidental Petroleum?

For the upcoming 12 months, dividends amounting to 0.98 USD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Occidental Petroleum located?

Occidental Petroleum is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Occidental Petroleum kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Occidental Petroleum from 4/15/2024 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 3/7/2024.

When did Occidental Petroleum pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Occidental Petroleum in the year 2023?

In the year 2023, Occidental Petroleum distributed 0.52 USD as dividends.

In which currency does Occidental Petroleum pay out the dividend?

The dividends of Occidental Petroleum are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Occidental Petroleum stock can be added to a savings plan with the following providers: Trade Republic and Scalable Capital

Andere Kennzahlen von Occidental Petroleum

Our stock analysis for Occidental Petroleum Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Occidental Petroleum Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.