Occidental Petroleum Corporation
- Occidental Petroleum increased 1.6% to $58.37 after Berkshire Hathaway acquired 2.1 million more shares in the company between June 26 and 28, according to a regulatory filing.
After the purchase, Berkshire Hathaway's stake in the company rose to 25%.
Jun 29, 2023 - Occidental Petroleum said revenue in the fourth quarter increased to $8.2 billion from $4.2 billion and net income rose to $1.7 billion from $1.3 billion and diluted earnings per share rose to $1.74 from $1.37 a year ago.
In full-year 2022, revenue increased to $37 billion from $16.2 billion and net income surged to $12.5 billion from $1.5 billion and diluted earnings per share oared to $12.40 from $1.58 a year ago.
Average worldwide realized crude oil prices decreased by 12% from the prior quarter to $83.64 per barrel and realized natural gas liquids prices fell 25% from the prior quarter to $26.35 per barrel and average domestic realized gas prices plunged 37% from the prior quarter to $4.45 per Mcf.
Feb 27, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.00 | 0.63 | 1.20 | - | - | |
| 2022 | 4.65 | 3.47 | 2.52 | 1.76 | 12.4 | |
| 2021 | -0.36 | -0.1 | 0.65 | 1.39 | 1.58 | |
| 2020 | -2.49 | -9.12 | -4.07 | -1.38 | -17.06 | |
| 2019 | 0.84 | 0.84 | -1.08 | -1.82 | -1.22 | |
| 2018 | 0.92 | 1.1 | 2.44 | 0.93 | 5.39 | |
| 2017 | 0.15 | 0.15 | 0.18 | 0.41 | 0.89 | |
| 2016 | 0.56 | 0.18 | 0.15 | 0.13 | 1.02 | |
| 2015 | 0.04 | 0.21 | 0.03 | 0.17 | 0.45 | |
| 2014 | 1.75 | 1.82 | 1.55 | -4.33 | 0.79 | |
| 2013 | 1.68 | 1.64 | 1.96 | 2.04 | 7.32 | |
| 2012 | 1.92 | 1.64 | 1.69 | 0.42 | 5.67 | |
| 2011 | 1.90 | 2.23 | 2.17 | 2.02 | 8.32 | |
| 2010 | 1.31 | 1.31 | 1.46 | 1.48 | 5.56 | |
| 2009 | 0.45 | 0.84 | 1.14 | 1.15 | 3.58 | |
| 2008 | 2.22 | 2.78 | 2.77 | 0.57 | 8.34 | |
| 2007 | 1.43 | 1.68 | 1.58 | 1.73 | 6.42 | |
| 2006 | 1.43 | 0.99 | 1.36 | 1.09 | 4.87 | |
| 2005 | 1.04 | 1.89 | 2.12 | 1.43 | 6.47 |