Occidental Petroleum Corporation (OXY) - Net Assets
Based on the latest financial reports, Occidental Petroleum Corporation (OXY) has net assets worth $36.77 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($83.47 Billion) and total liabilities ($46.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Occidental Petroleum Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $36.77 Billion |
| % of Total Assets | 44.05% |
| Annual Growth Rate | 6.22% |
| 5-Year Change | 85.65% |
| 10-Year Change | 41.6% |
| Growth Volatility | 27.47 |
Occidental Petroleum Corporation - Net Assets Trend (1985–2024)
This chart illustrates how Occidental Petroleum Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Occidental Petroleum Corporation (OXY) total assets for the complete picture of this company's asset base.
Annual Net Assets for Occidental Petroleum Corporation (1985–2024)
The table below shows the annual net assets of Occidental Petroleum Corporation from 1985 to 2024. For live valuation and market cap data, see OXY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $34.48 Billion | +13.61% |
| 2023-12-31 | $30.35 Billion | +0.88% |
| 2022-12-31 | $30.09 Billion | +48.01% |
| 2021-12-31 | $20.33 Billion | +9.44% |
| 2020-12-31 | $18.57 Billion | -45.74% |
| 2019-12-31 | $34.23 Billion | +60.49% |
| 2018-12-31 | $21.33 Billion | +3.68% |
| 2017-12-31 | $20.57 Billion | -4.30% |
| 2016-12-31 | $21.50 Billion | -11.72% |
| 2015-12-31 | $24.35 Billion | -30.35% |
| 2014-12-31 | $34.96 Billion | -19.40% |
| 2013-12-31 | $43.37 Billion | +8.30% |
| 2012-12-31 | $40.05 Billion | +6.45% |
| 2011-12-31 | $37.62 Billion | +15.81% |
| 2010-12-31 | $32.48 Billion | +11.40% |
| 2009-12-31 | $29.16 Billion | +6.71% |
| 2008-12-31 | $27.32 Billion | +19.54% |
| 2007-12-31 | $22.86 Billion | +16.60% |
| 2006-12-31 | $19.60 Billion | +27.53% |
| 2005-12-31 | $15.37 Billion | +41.33% |
| 2004-12-31 | $10.88 Billion | +31.99% |
| 2003-12-31 | $8.24 Billion | +23.91% |
| 2002-12-31 | $6.65 Billion | -15.36% |
| 2001-12-31 | $7.86 Billion | +4.61% |
| 2000-12-31 | $7.51 Billion | +76.30% |
| 1999-12-31 | $4.26 Billion | +26.70% |
| 1998-12-31 | $3.36 Billion | -21.54% |
| 1997-12-31 | $4.29 Billion | +72.34% |
| 1996-12-31 | $2.49 Billion | -46.29% |
| 1995-12-31 | $4.63 Billion | +3.74% |
| 1994-12-31 | $4.46 Billion | +12.39% |
| 1993-12-31 | $3.97 Billion | +15.34% |
| 1992-12-31 | $3.44 Billion | -21.80% |
| 1991-12-31 | $4.40 Billion | +1.03% |
| 1990-12-31 | $4.36 Billion | -29.20% |
| 1989-12-31 | $6.16 Billion | -0.47% |
| 1988-12-31 | $6.18 Billion | +20.69% |
| 1987-12-31 | $5.12 Billion | +18.93% |
| 1986-12-31 | $4.31 Billion | +31.31% |
| 1985-12-31 | $3.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Occidental Petroleum Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1478.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.19 Billion | 62.03% |
| Common Stock | $233.00 Million | 0.68% |
| Other Comprehensive Income | $179.00 Million | 0.52% |
| Other Components | $12.56 Billion | 36.76% |
| Total Equity | $34.16 Billion | 100.00% |
Occidental Petroleum Corporation Competitors by Market Cap
The table below lists competitors of Occidental Petroleum Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BASF SE
XETRA:BAS
|
$45.45 Billion |
|
KBC GROEP N.V. ADR
F:KDB0
|
$45.62 Billion |
|
HOLCIM NEW(U.ADR)1/5/SF2
F:HLB
|
$45.78 Billion |
|
GALDERMA GROUP AG
NYSE:GALDY
|
$45.88 Billion |
|
ArcelorMittal SA ADR
NYSE:MT
|
$45.32 Billion |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
$45.31 Billion |
|
Shanghai Pudong Development Bank Co Ltd
SHG:600000
|
$45.18 Billion |
|
RIO Tinto Ltd
AU:RIO
|
$45.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Occidental Petroleum Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,250,000,000 to 34,159,000,000, a change of 3,909,000,000 (12.9%).
- Net income of 3,043,000,000 contributed positively to equity growth.
- Dividend payments of 1,446,000,000 reduced retained earnings.
- Share repurchases of 27,000,000 reduced equity.
- New share issuances of 584,000,000 increased equity.
- Other comprehensive income decreased equity by 96,000,000.
- Other factors increased equity by 1,851,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.04 Billion | +8.91% |
| Dividends Paid | $1.45 Billion | -4.23% |
| Share Repurchases | $27.00 Million | -0.08% |
| Share Issuances | $584.00 Million | +1.71% |
| Other Comprehensive Income | $-96.00 Million | -0.28% |
| Other Changes | $1.85 Billion | +5.42% |
| Total Change | $- | 12.92% |
Book Value vs Market Value Analysis
This analysis compares Occidental Petroleum Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.80x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $15.47 | $58.71 | x |
| 1986-12-31 | $14.48 | $58.71 | x |
| 1987-12-31 | $12.73 | $58.71 | x |
| 1988-12-31 | $12.45 | $58.71 | x |
| 1989-12-31 | $10.92 | $58.71 | x |
| 1990-12-31 | $7.06 | $58.71 | x |
| 1991-12-31 | $7.31 | $58.71 | x |
| 1992-12-31 | $5.70 | $58.71 | x |
| 1993-12-31 | $6.14 | $58.71 | x |
| 1994-12-31 | $7.16 | $58.71 | x |
| 1995-12-31 | $7.26 | $58.71 | x |
| 1996-12-31 | $7.73 | $58.71 | x |
| 1997-12-31 | $6.41 | $58.71 | x |
| 1998-12-31 | $4.81 | $58.71 | x |
| 1999-12-31 | $4.95 | $58.71 | x |
| 2000-12-31 | $6.48 | $58.71 | x |
| 2001-12-31 | $7.54 | $58.71 | x |
| 2002-12-31 | $8.34 | $58.71 | x |
| 2003-12-31 | $10.28 | $58.71 | x |
| 2004-12-31 | $13.15 | $58.71 | x |
| 2005-12-31 | $18.37 | $58.71 | x |
| 2006-12-31 | $22.38 | $58.71 | x |
| 2007-12-31 | $27.20 | $58.71 | x |
| 2008-12-31 | $33.26 | $58.71 | x |
| 2009-12-31 | $35.73 | $58.71 | x |
| 2010-12-31 | $39.92 | $58.71 | x |
| 2011-12-31 | $46.28 | $58.71 | x |
| 2012-12-31 | $49.40 | $58.71 | x |
| 2013-12-31 | $53.60 | $58.71 | x |
| 2014-12-31 | $44.76 | $58.71 | x |
| 2015-12-31 | $31.81 | $58.71 | x |
| 2016-12-31 | $28.14 | $58.71 | x |
| 2017-12-31 | $26.86 | $58.71 | x |
| 2018-12-31 | $27.94 | $58.71 | x |
| 2019-12-31 | $42.29 | $58.71 | x |
| 2020-12-31 | $20.22 | $58.71 | x |
| 2021-12-31 | $21.20 | $58.71 | x |
| 2022-12-31 | $30.02 | $58.71 | x |
| 2023-12-31 | $31.48 | $58.71 | x |
| 2024-12-31 | $35.32 | $58.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Occidental Petroleum Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.23%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.50x
- Recent ROE (8.91%) is above the historical average (7.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 13.87% | 3.13% | 1.25x | 3.53x | $126.90 Million |
| 1986 | 3.99% | 1.12% | 0.88x | 4.05x | $-258.73 Million |
| 1987 | 3.59% | 1.08% | 1.02x | 3.27x | $-328.40 Million |
| 1988 | 5.06% | 1.61% | 0.94x | 3.35x | $-305.40 Million |
| 1989 | 4.33% | 1.28% | 0.97x | 3.51x | $-335.20 Million |
| 1990 | -40.92% | -7.78% | 1.10x | 4.79x | $-2.10 Billion |
| 1991 | 10.60% | 4.56% | 0.63x | 3.71x | $26.00 Million |
| 1992 | -17.18% | -6.96% | 0.48x | 5.20x | $-935.00 Million |
| 1993 | 7.15% | 3.49% | 0.47x | 4.33x | $-112.80 Million |
| 1994 | -0.81% | -0.39% | 0.51x | 4.04x | $-481.70 Million |
| 1995 | 11.04% | 4.90% | 0.59x | 3.85x | $48.00 Million |
| 1996 | 13.00% | 6.33% | 0.70x | 2.91x | $154.00 Million |
| 1997 | -9.10% | -4.87% | 0.52x | 3.57x | $-818.60 Million |
| 1998 | 10.79% | 5.33% | 0.45x | 4.54x | $26.70 Million |
| 1999 | 12.72% | 5.73% | 0.55x | 4.01x | $95.70 Million |
| 2000 | 32.89% | 11.57% | 0.70x | 4.07x | $1.09 Billion |
| 2001 | 20.48% | 8.25% | 0.78x | 3.17x | $590.60 Million |
| 2002 | 15.65% | 13.48% | 0.44x | 2.62x | $357.20 Million |
| 2003 | 19.26% | 16.37% | 0.51x | 2.29x | $734.10 Million |
| 2004 | 24.34% | 22.59% | 0.53x | 2.03x | $1.51 Billion |
| 2005 | 35.11% | 36.16% | 0.56x | 1.74x | $3.77 Billion |
| 2006 | 21.77% | 24.40% | 0.53x | 1.68x | $2.27 Billion |
| 2007 | 23.66% | 28.65% | 0.52x | 1.60x | $3.12 Billion |
| 2008 | 25.12% | 28.22% | 0.59x | 1.52x | $4.13 Billion |
| 2009 | 10.01% | 18.96% | 0.35x | 1.52x | $2.90 Million |
| 2010 | 13.93% | 23.97% | 0.36x | 1.61x | $1.28 Billion |
| 2011 | 17.97% | 28.47% | 0.40x | 1.60x | $3.00 Billion |
| 2012 | 11.47% | 19.05% | 0.38x | 1.60x | $588.40 Million |
| 2013 | 13.66% | 24.10% | 0.35x | 1.61x | $1.58 Billion |
| 2014 | 1.76% | 3.18% | 0.34x | 1.61x | $-2.88 Billion |
| 2015 | -32.15% | -62.74% | 0.29x | 1.78x | $-10.26 Billion |
| 2016 | -2.67% | -5.69% | 0.23x | 2.01x | $-2.72 Billion |
| 2017 | 6.34% | 10.47% | 0.30x | 2.04x | $-752.20 Million |
| 2018 | 19.29% | 26.42% | 0.36x | 2.06x | $1.98 Billion |
| 2019 | -1.95% | -3.47% | 0.18x | 3.13x | $-4.09 Billion |
| 2020 | -79.85% | -86.54% | 0.21x | 4.31x | $-16.69 Billion |
| 2021 | 11.37% | 8.91% | 0.35x | 3.69x | $279.30 Million |
| 2022 | 43.95% | 36.47% | 0.50x | 2.41x | $10.21 Billion |
| 2023 | 15.45% | 16.49% | 0.38x | 2.45x | $1.65 Billion |
| 2024 | 8.91% | 11.23% | 0.32x | 2.50x | $-372.90 Million |
Industry Comparison
This section compares Occidental Petroleum Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,401,223,882
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Occidental Petroleum Corporation (OXY) | $36.77 Billion | 13.87% | 1.27x | $45.39 Billion |
| Amplify Energy Corp (AMPY) | $643.58 Million | -23.32% | 1.61x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $816.20 Million | 5.24% | 1.30x | $9.63 Billion |
| Antero Resources Corp (AR) | $5.47 Billion | 12.31% | 1.11x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.20 Billion | 3.84% | 0.74x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $10.40 Million | 6.73% | 1.77x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $153.15 Million | 14.32% | 0.52x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $910.65 Million | -10.99% | 0.17x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.84 Billion | -3.34% | 0.95x | $5.96 Billion |
About Occidental Petroleum Corporation
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural… Read more