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Occidental Petroleum Corp
XMUN:OPC

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Occidental Petroleum Corp
XMUN:OPC
Lista de seguimiento
Precio: 50,38 EUR Mercado cerrado
Capitalización de mercado: €44,21 B

Occidental Petroleum Corp
Relación con Inversores

Occidental Petroleum es una compañía energética que descubre, produce y comercializa petróleo y gas natural. También fabrica productos químicos básicos a través de su negocio OxyChem. En términos sencillos, vende las materias primas que abastecen el transporte, calientan hogares y empresas y sirven como materia prima para productos industriales. Los principales clientes de la compañía son refinerías, comerciantes de combustibles, empresas de servicios públicos, usuarios industriales y compradores de productos químicos. La mayor parte de sus ingresos proviene de la venta de crudo, gas natural y productos relacionados a precios de mercado, mientras que OxyChem obtiene ingresos vendiendo cloro, sosa cáustica y otros productos químicos industriales a fabricantes y a clientes de tratamiento de agua. Occidental también tiene un negocio de gestión de carbono que comercializa servicios e infraestructura vinculados al almacenamiento de dióxido de carbono. Lo que diferencia a Occidental es que opera en dos negocios vinculados: la producción upstream de energía y los químicos básicos. Esa combinación le da exposición tanto a los precios de las materias primas como a la demanda industrial, y le permite aplicar sus capacidades de perforación y manejo de yacimientos en grandes campos de petróleo y gas al tiempo que atiende a clientes que requieren un suministro químico constante. No es una compañía de consumo con marca; es un proveedor tras bambalinas de insumos energéticos e industriales esenciales.

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Última conferencia de resultados
Periodo fiscal
Q1 2026
Fecha de la conferencia
6 may., 2026
Resumen con IA
Q1 2026

Leadership change: Vicki Hollub will retire as CEO on June 1, and Richard Jackson will succeed her. Management framed the transition as a continuation of Occidental’s long-term strategy, not a reset.

Strong quarter: Occidental reported adjusted earnings of $1.06 per diluted share and generated about $1.7 billion of free cash flow before working capital, helped by strong operational execution and higher commodity prices.

Guidance raised: Full-year production guidance midpoint was nudged up to 1.44 million BOE per day, and full-year midstream guidance was raised to $1.1 billion, about $800 million above the prior outlook.

Deleveraging: Principal debt fell to $13.3 billion, down from about $20.8 billion at the end of Q3 last year, and the company is still targeting $10 billion as the next milestone.

Middle East volatility: Management said regional disruptions and logistics issues are affecting near-term volumes and sulfur sales, but they do not expect any impact on the 2026 capital range.

Capital discipline: The company kept 2026 capital spending guidance at $5.5 billion to $5.9 billion and said it is not planning a formulaic buyback program, preferring flexibility tied to the macro backdrop.

Datos financieros clave
Adjusted earnings per diluted share
$1.06
Reported earnings per diluted share
$3.13
Free cash flow before working capital
approximately $1.7 billion
Free cash flow from continuing operations
approximately 52% higher
Unrestricted cash
more than $3.8 billion
Production
1.43 million BOE per day
Domestic production beat vs midpoint
33,000 BOE per day
Domestic lease operating expense
$7.85 per BOE
Midstream earnings
approximately $400 million above the midpoint of guidance
Principal debt
$13.3 billion
Interest payments run rate
$845 million per year
Debt due through 2029
$415 million
2026 capital spending
$5.5 billion to $5.9 billion
2026 oil and gas cost savings
$500 million
Annual cost savings since 2023
$2 billion
New well cost improvement
approximately 7%
Topside uptime
98%
Midstream guidance increase
$1.1 billion
Hedged oil volume
100,000 barrels of oil per day
Grabación de la conferencia de resultados
Otras conferencias de resultados

Dirección

Mr. Sunil Mathew
Senior VP & CFO

Sunil Mathew is an executive leader at Occidental Petroleum Corporation, a major international oil and gas exploration and production company. With extensive experience in the energy sector, Mathew has held various leadership roles within the company. His expertise spans across strategic planning, operational management, and technological integration in oil and gas projects. He is known for his commitment to driving innovation and efficiency within the organization, contributing significantly to Occidental Petroleum's strategic initiatives and growth. Mathew's leadership style emphasizes collaboration and adaptability, ensuring the company remains competitive in the rapidly evolving energy industry.

Mr. Jeff F. Simmons
Senior VP of Technical & Operations Support and CPTO
No hay biografía disponible
Mr. Ioannis A. Charalambous
Chief Information Officer & VP

Ioannis A. Charalambous is a notable executive at Occidental Petroleum Corporation, where he has served in various leadership roles. With a robust background in finance and strategic operations, Charalambous has played a significant part in shaping Occidental's financial strategies and operational efficiencies. He has contributed to the company's efforts in optimizing their capital structure and managing financial risks, alongside overseeing aspects of corporate finance, treasury, and investor relations. Charalambous is recognized for his analytical skills and ability to navigate complex financial landscapes, furthering the company's goals in the energy sector. His leadership is marked by an emphasis on sustainable growth and value creation for stakeholders.

Mr. Jordan Tanner
Vice President of Investor Relations

Jordan Tanner is the Executive Vice President of Business Support at Occidental Petroleum Corporation. His career at Occidental encompasses a range of leadership roles wherein he has consistently contributed to advancing the company's strategic objectives. Tanner's expertise primarily lies in the areas of finance and business operations, providing essential support to the company's growth and development initiatives. He is known for his strategic insight and ability to manage complex business environments, which has been instrumental in optimizing Occidental's business processes and enhancing operational efficiencies. Tanner’s leadership skills and experience in the energy sector continue to be vital assets to Occidental Petroleum's ongoing success and innovation within the industry.

Ms. Sylvia J. Kerrigan J.D.
Senior VP & Chief Legal Officer

Sylvia J. Kerrigan is a notable figure in the energy sector, particularly known for her tenure at Occidental Petroleum Corporation (Oxy). She served as Executive Vice President and General Counsel of the corporation. In this role, Kerrigan was responsible for overseeing the company's global legal strategy, managing the legal department, and ensuring compliance with legal and regulatory requirements across Occidental's operations. Her work involved significant contributions to the company's strategic decisions, risk management, and governance processes. Through her legal expertise, Kerrigan played a crucial role in navigating complex legal challenges and facilitating Occidental's business objectives. Before joining Occidental Petroleum, Kerrigan built an impressive legal career, gaining wide-ranging experience in the energy industry and corporate law. Her educational background includes a Juris Doctor (J.D.) degree, and she is well-regarded for her expertise in areas such as litigation, corporate governance, and environmental law. Throughout her career, Sylvia J. Kerrigan has earned a reputation for her leadership skills and her ability to handle complex legal issues within large, multinational corporations.

Mr. Darin S. Moss
Vice President of Human Resources
No hay biografía disponible
Mr. Peter J. Bennett
VP and President of Commercial Development - U.S. Onshore Resources & Carbon Management

Peter J. Bennett is an experienced executive in the oil and gas industry, known for his leadership role at Occidental Petroleum Corporation. As the Executive Vice President of Major Projects, he is responsible for overseeing the execution and delivery of key capital projects within the company. Bennett's career in the industry is extensive, with a focus on project management, operations, and strategic development, which has equipped him with a comprehensive understanding of the complexities involved in large-scale energy projects. His educational background in engineering and extensive field experience contribute to his ability to guide major infrastructure and development projects efficiently. Under his leadership, Occidental Petroleum continues to enhance its capabilities in exploration and production, maintaining its competitive edge in a dynamic global market. Bennett's strategic insights and operational expertise play a crucial role in driving the company's growth and sustainability initiatives.

Ms. Karen M. Sinard
Vice President of Environmental & Sustainability

Karen M. Sinard is an executive associated with Occidental Petroleum Corporation, a major American oil and gas exploration and production company. In her role at Occidental, she serves as the Vice President of Supply Chain, a crucial position within the organization. Her responsibilities typically include overseeing the company’s supply chain management, ensuring efficient operations, and optimizing procurement processes to support the company's exploration and production activities. Her leadership in this area contributes to Occidental's ability to manage resources effectively and sustain its operations across various regions. Karen M. Sinard's expertise in supply chain management is instrumental in driving the company's strategic goals and maintaining its competitive edge in the energy sector.

Mr. Frederick A. Forthuber
President of Oxy Energy Services

Frederick A. Forthuber is the President of Oxy Energy Services, a role he has held since September 2014. Oxy Energy Services is a segment of Occidental Petroleum Corporation, a major international oil and gas exploration and production company. Forthuber has extensive experience within the energy industry, particularly focusing on marketing and trading of crude oil and other commodities. His leadership at Oxy Energy Services involves overseeing the company's marketing strategies and ensuring effective trading operations to maximize the company’s value chain in oil and gas resources. His work contributes significantly to Occidental Petroleum's position in the global energy market.

Mr. Wade Alleman
President of OxyChem

Wade Alleman is a seasoned professional with extensive experience in the energy sector, specifically in the oil and gas industry. At Occidental Petroleum Corporation, often known as Oxy, he has played a significant role in various leadership capacities. His expertise typically spans engineering, project management, and operations within the company. Alleman's contributions are marked by a focus on optimizing production, enhancing operational efficiencies, and advancing technological integration in oil and gas exploration and production activities. His work at Occidental has been instrumental in helping the company maintain its status as one of the leading players in the industry, navigating complex challenges while adhering to high environmental and safety standards.

Contactos

Dirección
TEXAS
Houston
5 Greenway Plz Ste 110
Contactos
+17132157000.0
www.oxy.com
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