Occidental Petroleum Corporation (Occidental) conducts its operations, through various oil and gas, chemical, midstream, marketing and other subsidiaries, and affiliates. The Company operates in three business segments: oil and gas segment, chemical segment, and midstream, marketing and other segment. The oil and gas segment explores for, develops, produces and markets crude oil, natural gas liquids (NGLs), condensate, as well as natural gas. The chemical segment (OxyChem) manufactures and markets basic chemicals, vinyls and other chemicals. The midstream, marketing and other segment (midstream and marketing) gathers, treats, processes, transports, stores, trades and markets crude oil, natural gas, NGLs, condensate and carbon dioxide (CO2) and power. On December 31, 2009, Occidental completed the acquisition of interests in Phibro LLC (Phibro).
Financial Summary - Last Updated 08/09/10
BRIEF: For the six months ended 30 June 2010, Occidental Petroleum Corporation's revenues increased 41% to $9.53B. Net income from continuing operations totaled $2.14B, up from $1.05B. Revenues reflect an increase in net sales from Oil & Gas segment due to higher demand. Net income also reflects improved margins, a decrease in exploration expense and lower other expenses. Occidental Petroleum Corporation is mainly into Oil & Gas Exploration.
Previous Two SEC Filings
Fiscal Dt
Fiscal Year
Q
First Updated
06/30/10
2010
2
08/07/10
06/30/10
2010
1
07/31/10
Pricing Data
52 Week Change
+5.11%
52 Week Change Relative to SP500
-1.37%
52 Week High
$90.99
Last Close
$76.45
52 Week Low
$72.13
Temperature gauge indicates the proximity of the Close price to the 52Wk High
vs. the 52Wk Low. 100% indicates a new high, and 0% a new low.
