Occidental Petroleum Corporation (OXY) - Total Assets
Based on the latest financial reports, Occidental Petroleum Corporation (OXY) holds total assets worth $83.47 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Occidental Petroleum Corporation shareholders equity for net asset value and shareholders' equity analysis.
Occidental Petroleum Corporation - Total Assets Trend (1985–2024)
This chart illustrates how Occidental Petroleum Corporation's total assets have evolved over time, based on quarterly financial data.
Occidental Petroleum Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Occidental Petroleum Corporation's total assets of $83.47 Billion consist of 10.6% current assets and 89.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.13 Billion | 2.5% |
| Accounts Receivable | $4.25 Billion | 5.0% |
| Inventory | $2.10 Billion | 2.5% |
| Property, Plant & Equipment | $70.31 Billion | 82.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how Occidental Petroleum Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is Occidental Petroleum Corporation worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Occidental Petroleum Corporation's current assets represent 10.6% of total assets in 2024, a decrease from 25.7% in 1985.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2024, down from 4.4% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 82.3% of total assets.
Occidental Petroleum Corporation Competitors by Total Assets
Key competitors of Occidental Petroleum Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Santos Ltd
AU:STO
|
Australia | AU$29.88 Billion |
|
Ovintiv Inc
NYSE:OVV
|
USA | $19.39 Billion |
|
APA Corporation
NASDAQ:APA
|
USA | $17.70 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
Strathcona Resources Ltd.
TO:SCR
|
Canada | CA$11.05 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
USA | $7.01 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vermilion Energy Inc.
TO:VET
|
Canada | CA$5.95 Billion |
Occidental Petroleum Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.94 | 1.00 | 1.07 |
| Quick Ratio | 0.71 | 0.76 | 0.84 |
| Cash Ratio | 0.23 | 0.18 | 0.00 |
| Working Capital | $-609.00 Million | $13.00 Million | $596.00 Million |
Occidental Petroleum Corporation - Advanced Valuation Insights
This section examines the relationship between Occidental Petroleum Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.62 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | 15.5% |
| Total Assets | $85.44 Billion |
| Market Capitalization | $45.39 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Occidental Petroleum Corporation's assets below their book value (0.53x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Occidental Petroleum Corporation's assets grew by 15.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Occidental Petroleum Corporation (1985–2024)
The table below shows the annual total assets of Occidental Petroleum Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $85.44 Billion | +15.45% |
| 2023-12-31 | $74.01 Billion | +1.93% |
| 2022-12-31 | $72.61 Billion | -3.23% |
| 2021-12-31 | $75.04 Billion | -6.28% |
| 2020-12-31 | $80.06 Billion | -25.31% |
| 2019-12-31 | $107.19 Billion | +144.42% |
| 2018-12-31 | $43.85 Billion | +4.35% |
| 2017-12-31 | $42.03 Billion | -2.51% |
| 2016-12-31 | $43.11 Billion | -0.69% |
| 2015-12-31 | $43.41 Billion | -22.84% |
| 2014-12-31 | $56.26 Billion | -18.99% |
| 2013-12-31 | $69.44 Billion | +8.15% |
| 2012-12-31 | $64.21 Billion | +6.94% |
| 2011-12-31 | $60.04 Billion | +14.52% |
| 2010-12-31 | $52.43 Billion | +18.55% |
| 2009-12-31 | $44.23 Billion | +6.48% |
| 2008-12-31 | $41.54 Billion | +13.74% |
| 2007-12-31 | $36.52 Billion | +12.61% |
| 2006-12-31 | $32.43 Billion | +24.22% |
| 2005-12-31 | $26.11 Billion | +22.05% |
| 2004-12-31 | $21.39 Billion | +17.74% |
| 2003-12-31 | $18.17 Billion | +9.79% |
| 2002-12-31 | $16.55 Billion | -7.29% |
| 2001-12-31 | $17.85 Billion | -8.06% |
| 2000-12-31 | $19.41 Billion | +37.44% |
| 1999-12-31 | $14.12 Billion | -7.39% |
| 1998-12-31 | $15.25 Billion | -0.20% |
| 1997-12-31 | $15.28 Billion | +2.01% |
| 1996-12-31 | $14.98 Billion | -15.91% |
| 1995-12-31 | $17.82 Billion | -0.97% |
| 1994-12-31 | $17.99 Billion | +5.06% |
| 1993-12-31 | $17.12 Billion | -4.22% |
| 1992-12-31 | $17.88 Billion | +10.93% |
| 1991-12-31 | $16.11 Billion | -18.38% |
| 1990-12-31 | $19.74 Billion | -4.81% |
| 1989-12-31 | $20.74 Billion | -0.03% |
| 1988-12-31 | $20.75 Billion | +23.94% |
| 1987-12-31 | $16.74 Billion | -4.17% |
| 1986-12-31 | $17.47 Billion | +50.76% |
| 1985-12-31 | $11.59 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