OXY Occidental Petroleum Corporation Common Stock
About Occidental Petroleum Corporation Common Stock Company overview from Wikipedia
Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East. It is incorporated under the Delaware General Corporation Law and is headquartered in Houston.
Read more
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East. It is incorporated under the Delaware General Corporation Law and is headquartered in Houston.
The company is ranked 173rd on the Fortune 500 and 383rd on the Forbes Global 2000.
History
Occidental Petroleum was founded in Los Angeles, California, in 1920. In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. The 1960s marked a period of expansion as Occidental established operations in Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom. In 1961, the company discovered the Lathrop Gas Field in Lathrop, California.
In 1965, Occidental won exploration rights in Libya, where it operated until 1986 when United States economic sanctions led to the suspension of activities. The company diversified in 1968 by entering the chemical business with the acquisition of Hooker Chemical Company, following the Love Canal contamination incident.
In 1971, Occidental received approval to build an oil refinery in Canvey Island in Essex, England, but construction ceased in 1975 due to the 1970s energy crisis. The site remained derelict; the tanks and the chimney were subsequently demolished. Only some concrete foundations and the river jetty remain extant.
In 1973, Occidental negotiated a phosphate-for-natural-gas deal with the Soviet Union, in which the Hammer-controlled firms Occidental Petroleum and Tower International would export to the Soviet Union phosphate, which Occidental mined in northern Florida, in return for the Soviet Union exporting from Odessa and Ventspils through Hammer's firms natural gas that would be converted into ammonia, potash, and urea. The total value of this trade was estimated at $20 billion. The construction of Soviet port facilities, designed by Hammer's firms, was partially financed by the Export-Import Bank as endorsed by Nixon.
In August 1973, Libya nationalized 51% of Occidental's assets in the country. In February 1974, the company announced a 35-year oil exploration agreement with Libya. 81% of the oil extracted by Occidental Petroleum was to go to the Libyan government, with 19% retained by Occidental Petroleum. In 1986, the company suspended operation in the country due to economic sanctions imposed by the United States. In 2005, Occidental and its partner, Liwa, won 9 out of 15 exploration spots on the EPSA-4 auction, making both companies among the first to enter the Libyan market since the United States lifted its embargo on Libya.
The company was one of the first companies to research developing oil shale.
In 1983, Occidental and Ecopetrol, the Colombian state-owned oil company, discovered the giant Caño Limón oilfield in Arauca. In July 1996, the company sold its interest in 3 oilfields in the Congo to the Congolese government for $215 million. The following year, it paid $3.65 billion to acquire the Elk Hills Oil Field.
In 1984, billionaire David H. Murdock owned about 5% of the company and was a member of its board of directors, after the company acquired IBP, Inc., of which Murdock owned 19%. After disagreements between Murdock and then CEO Armand Hammer, the company paid greenmail to buy Murdock's shares at $40.09 each, while the market price was $28.75.
In 1986, the company formed a joint venture with Church & Dwight, which makes Arm & Hammer products, for a potassium carbonate plant at Muscle Shoals, Alabama.
On July 6, 1988, an explosion and subsequent inferno on the company's Piper Alpha platform in the Scottish North Sea, resulted in 167 fatalities in what remains the world's most deadly offshore disaster.
In 1990, Armand Hammer died and Ray R. Irani became chairman and chief executive officer of the company.
In 1991, Occidental sold its stake in IBP, Inc. In 1993, the company sold its remaining coal operations.
In 2006, the government of Ecuador seized the company's interest in block 15 of the Amazon rainforest, forcing the company to take a $306 million after-tax charge. In 2016, Ecuador agreed to pay $980 million in restitution to the company, down from the original award of $1.77 billion. The agreement was based on a 2012 arbitration award from the International Center for Settlement of Investment Disputes.
In 2007, Occidental's compensation policies came under scrutiny after it was announced that Irani received $460 million in compensation in 2006. In May 2011, Irani retired as CEO after CalSTRS and Relational Investors, two major shareholders, objected to the company's compensation policies for top executives. President Stephen I. Chazen was named CEO to replace Irani and in 2013, shareholders ousted Irani as chairman. Despite his outlandish compensation, during Irani's tenure, the company grew from a collection of unrelated businesses to one that focuses on oil and gas and the market capitalization of the company went from $5.5 billion to $80 billion.
In December 2010, Occidental acquired shale oil properties in the Williston Basin in North Dakota for $1.4 billion. These assets, as well as other assets acquired by Oxy in the Williston Basin, were sold in 2015 for $600 million. The company also sold its proven and probable reserves of 393 million barrels of oil equivalent (2.40×109 GJ) in Argentina to Sinopec, a subsidiary of China Petrochemical Corporation, and acquired properties in South Texas and North Dakota for $3.2 billion.
In January 2011, Occidental partnered with Abu Dhabi's state oil company in developing the Shah Field, one of the largest natural gas fields in the Middle East, through a joint venture known as Al Hosn Gas. Al Hosn Gas became operational in 2015.
In September 2014, Occidental moved its headquarters to Houston, Texas. In November, the company sold its 50% interest in BridgeTex Pipeline Company, owner of a 300,000 barrel-per-day crude oil pipeline system that extends from Colorado City, Texas to Texas City, Texas, for $1.075 billion. In December 2014, Occidental distributed 80.5% of its shares in California Resources Corporation, the largest producer of oil and natural gas on a gross-operated barrels of oil equivalent basis in California, to Occidental shareholders and distributed its remaining stake to shareholders in March 2016. In June 2017, the company sold land in the Permian Basin for $600 million and used the proceeds to acquire other assets in the area.
In October 2015, Occidental completed the first phase of a $500 million carbon dioxide flooding project in Hobbs, New Mexico. In March 2017, the company and its 50/50 joint venture partner Mexichem began operations of a 1.2-billion-pound per year capacity ethylene cracker at the OxyChem plant in Ingleside, Texas, along with pipelines and storage at Markham, Texas.
In May 2016, Vicki Hollub, who had worked at Occidental since 1981 and joined the board in 2015, became the chief executive officer of the company, the first female to serve as chief executive officer of a major U.S. oil and gas company.
In January 2018, Occidental was found to be partially responsible for the Bayou Corne sinkhole, along with Texas Brine Company and Vulcan Materials Company.
In October 2020, Occidental sold its onshore operations in Colombia to the Carlyle Group for $825 million. The deal included operations and working interests in the Llanos Norte, Middle Magdalena, and Putumayo Basins. Working interest on exploration offshore in Colombia remained under ownership of Oxy in partnership with Ecopetrol, with plans to drill the first well by 2024.
Anadarko Colombia, a subsidiary of Oxy, and Ecopetrol entered into a joint exploration agreement in May 2022 for offshore exploration in deep waters of the Caribbean, with plans to drill the world's deepest offshore oil well by 2024.
In August 2023, Occidental acquired Carbon Engineering, a direct air capture technology company, for $1.1 billion.
In August 2024, the company acquired CrownRock, a Permian producer, for $12.4 billion.
In August 2024, Anadarko Peru, a subsidiary of Oxy, completed the initial phase of a 3D marine seismic acquisition project in northern Peruvian waters.
In April 2025, Oxy acquired Holocene, a carbon removal startup active in enhanced oil recovery.
In August 2025, Oxy sold its natural gas gathering affiliate in the Permian Basin to Enterprise Products for $580 million.
In January 2026, Occidental sold OxyChem to Berkshire Hathaway—which owns 28% of Occidental's stock—for $9.7 billion. Occidental said it would use $6.5 billion to lower debt. It also retained all legacy environmental liabilities for OxyChem.
In May 2026, Oxy acquired a 10% stake in Exxon Mobil's deepwater exploration block offshore Trinidad and Tobago.
Effective June 2026, CEO Vicki Hollub retired and was replaced by COO Richard Jackson, with Hollub remaining on the board in an advisory capacity.
Acquisitions
In 1981, Occidental acquired IBP, Inc., one of largest producers of beef and pork products in the United States. In 1988, the company acquired Cain Chemical for $2 billion.
In 2005, the company acquired Vintage Petroleum for $3.8 billion. In 2008, it acquired a 10% stake in Plains All American Pipeline. The company also acquired assets from Plains Exploration & Production for $1.3 billion. In October 2009, Occidental acquired Citigroup's Phibro energy-trading business, for its net asset value of approximately $250 million. The unit was managed by Andrew J. Hall, who received compensation of approximately $100 million per year in 2007 and 2008. After the acquisition, the division reported its first losses since the 1990s. In 2016, Phibro was wound down and sold.
In August 2019, Occidental acquired Anadarko Petroleum for $57 billion, making the deal the world's fourth biggest oil and gas acquisition to date. Anadarko was the subject of the largest environmental settlement in American history, involved with the Deepwater Horizon BP disaster and was fined under the Clean Water Act. The deal was clinched as Berkshire Hathaway invested $10 billion in exchange for 100,000 shares of cumulative perpetual preferred stock with a value of $100,000 per share. Berkshire also received a warrant to purchase up to 80 million more shares at an exercise price of $62.50 a share.
Operations
The company's operations are concentrated in two geographic areas: the United States and the Middle East, with some ventures in South America. As of December 31, 2020, Occidental had 2.911 billion barrels of oil equivalent (1.781×1010 GJ) of oil equivalent net proved reserves, of which 51% was petroleum, 19% was natural gas liquids, and 30% was natural gas. In 2020, the company had production of 1,350 thousand barrels of oil equivalent (8,300,000 GJ) per day.
United States
In 2020, the company's United States operations produced 1,037 thousand barrels of oil equivalent (6,340,000 GJ) per day, representing 77% of the company's worldwide production, including 575 thousand barrels of oil equivalent (3,520,000 GJ) per day in Permian Basin, where Occidental is the largest operator and oil producer. The company produced 435 thousand barrels of oil equivalent (2,660,000 GJ) per day from unconventional oil directional drilling via Permian Resources and 140 thousand barrels of oil equivalent (860,000 GJ) per day using enhanced oil recovery, whereby carbon dioxide and water are injected into underground formations to extract the oil and gas. The company also produced 293 thousand barrels of oil equivalent (1,790,000 GJ) per day in the Denver Basin.
Middle East
The company's oil and gas operations in the Middle East are in Oman, Qatar, and the United Arab Emirates and are via production sharing agreements. The region produced 251 thousand barrels of oil equivalent (1,540,000 GJ) per day, representing approximately 19% of 2020 total production. The region also held 28% of the company's proved reserves in 2020.
The company is the largest independent oil producer in Oman. In Qatar, the company is the second-largest oil producer offshore and is a partial owner in the Dolphin Gas Project, which delivers gas to Oman and the United Arab Emirates.
Decarbonization projects
In June 2024, Occidental Petroleum signed a memorandum of understanding with TAE Technologies to explore commercial opportunities for using TAE's nuclear fusion technology to provide clean electricity and heat for Occidental's direct air capture (DAC) projects. DAC is an energy-intensive process that involves removing CO2 from the atmosphere, and the partnership aims to address the energy needs of DAC with low-carbon power solutions. TAE Technologies, known for its advanced nuclear fusion research, plans to have a demonstration project by 2025 and a commercial facility in the 2030s.
Environmental record
In 2024, the company ranked as the 26th-largest fossil fuel producer by historical greenhouse gas emissions, having emitted 12,907 MtCO₂e, accounting for 0.65% of total global emissions.
The company uses enhanced oil recovery for part of its production, which is less pollutive than other methods of oil extraction.
2016: Copper Basin, Tennessee, United States of America
In 1982, the company acquired land in the Copper Basin in Tennessee, formerly the site of the Burra Burra Mine, where copper and sulfur had been mined in the 1800s. In 2016, Occidental agreed to spend $50 million to clean up the Copper Basin and restore the water quality of its creeks.
1942-1952: chemical waste disposal in Love Canal, New York, United States of America
Since the 1920s, several companies and the United States Armed Forces used the Love Canal in Niagara Falls, New York as a chemical disposal site. In 1942, Occidental predecessor Hooker Chemical Company began disposing of chemical waste at the site and, in 1947, it became the sole owner and user of the land. In 1952, the site was filled to capacity and closed off. The company leased the land to the local school board in 1953. Later in the 1950s, the school board requested that the company sell the land, and threatened to use eminent domain. The school board intended to build a school on an unused area of the dump.
A school was built on the site, and later a middle-class residential district was built on land adjacent to the site. The construction broke through the 4-foot (1.2 m) clay seal containing the waste. In 1968, Hooker Chemical was purchased by Occidental. In 1978, residents became concerned about unusual health issues in the region, including high rates of cancer and birth defects. This subsequently became a national news story, and in 1980, president Jimmy Carter declared a federal emergency in the area. Residents were eventually relocated, and the company paid $129 million in restitution.
2008: Oleum spill in Petrolia, Pennsylvania, United States of America
On Saturday, October 11, 2008, oleum was accidentally spilled at a facility in Petrolia, Pennsylvania which belonged to Indspec, an affiliate of Occidental Chemical Corporation. Oleum is a chemical mixture of sulfuric acid and sulfur trioxide. The accident contaminated the ventilation system and caused a cloud of toxic gas. Over 2,000 residents had to be evacuated for the day. The spill was caused by an auxiliary pump power supply which lacked safety interlocks to prevent tank overfilling.
1997: Explosion in Kamalganj Upazila, Bangladesh
On 14 June 1997, an explosion at the Magurchhaqra gas field in Kamalganj Upazila, Moulvibazar District of Bangladesh destroyed large areas of Lawachara National Park and nearby areas. Occidental was drilling at the gas field which was later abandoned. The explosion damaged 28 tea gardens in the area. It was estimated to have caused 90 to 140 billion BDT in damages. The government of Bangladesh claimed compensation from Occidental but it left the country handing over the well to Unocal which later sold the interests to Chevron.
1992-2001: Drilling in U'wa lands, Colombia
From 1992 to 2001, the company tried to drill for oil in the territory of the U'wa people, in northeast Colombia. The locals resisted, concerned about environmental degradation and fears that development would bring strangers and be a target for guerrilla warfare. There also were tribal beliefs that oil is the "blood of the earth" and should not be removed. In 2002, after years of shareholder resolutions, legal battles, protests, and a failed test well, the company abandoned the project. Repsol took over the project.
1998: bombing of Santo Domingo, Colombia
On December 13, 1998, 17 civilians, including 7 children, were killed when the Colombian Air Force (CAF) dropped a cluster bomb in the hamlet of Santo Domingo, Colombia, after AirScan, Occidental's security contractor, misidentified it as a hostile guerrilla target. Groups such as FARC and the National Liberation Army were active in the area. Three employees of AirScan were flying the Skymaster plane from which they provided the Colombian military with the coordinates to drop the bombs. The operation had been planned by the CAF and AirScan at Occidental's complex in Caño Limón. In April 2003, Luis Alberto Galvis Mujica, a witness and survivor of the accident, sued Occidental. The courts ruled that Occidental was not liable for the incident.
1971-2000: Drilling in Peru and Maynas Carijano v. Occidental Petroleum
On May 10, 2007, a group of 25 Achuar Peruvians, a group of Indigenous peoples, filed suit against the company, demanding environmental remediation and reparations for environmental degradation allegedly caused by the company between 1971 and 2000, when it drilled in Block 1-AB in Peru. The plaintiffs claimed that the company violated technical standards and environmental law when it dumped a total of 9 billion barrels (1.4×10^9 m3) of toxic oil by-products, such as cadmium, lead, and arsenic, in drainage basins used by the Achuar people to fish, drink, and bathe. This environmental damage was alleged to have caused premature deaths and birth defects. A 2006 study by the Ministry of Health of Peru, found that all but 2 of the 199 people tested had levels of cadmium in their blood above safe levels.
The Achuar were represented by EarthRights International and the law firm Schonbrun DeSimone Seplow Harris & Hoffman LLP.
On March 3, 2010, EarthRights International argued to the United States Court of Appeals for the Ninth Circuit that the case should be litigated in Los Angeles, where the company was headquartered. The court agreed with a trial in the United States, overturning the decision of the lower courts, and, in 2013, the United States Supreme Court refused to hear the company's appeal. In March 2015, the company made a settlement for an undisclosed amount, with the funds to be used for health, education, and nutrition projects in five Achuar communities in the Corrientes River basin.
Political record
Contributions
Occidental has disclosed its contributions to political action committees, lobbyists, and trade associations on its website.
In 2005, the company was among 53 entities which contributed the maximum of $250,000 to the Second inauguration of George W. Bush.
The company also donated between $10,000 and $25,000 to the Clinton Foundation.
Lobbying to do business in Libya
The company began operations in Libya in 1965 and operated there until economic sanctions were imposed in 1986 by the United States. The company was one of the first American companies to resume negotiations in Libya after the sanctions were lifted in 2004. In 2008, the company, along with 5 other oil companies, was criticized for hiring Hogan Lovells to lobby to exempt Libya from a law written by U.S. Senator Frank Lautenberg (D-NJ) to assist American terror victims in seizing assets of countries found culpable in terror attacks, such as the Libyan bombing of Pan Am Flight 103 over Lockerbie in 1988. and to remove a provision in the Dodd–Frank Wall Street Reform and Consumer Protection Act that requires disclosure of payments to foreign governments. In early 2011, the company ceased exploration activities and production operations in Libya due to the growing civil unrest in the country and U.S. sanctions. In June 2011, the U.S. Securities and Exchange Commission and United Kingdom prosecutors requested information from the company, ExxonMobil and ConocoPhillips related to the Libyan Investment Authority (LIA), an investment firm controlled by Libyan leader Muammar Gaddafi, to determine if there were any violations of international bribery laws. The Libyan Investment Authority's investments were frozen by the U.S. government in early 2011 following the Gaddafi regime's attacks on Libyan civilians. In 2016, the company announced it was seeking an exit strategy in Libya and sold its remaining operations there in 2017.
Gore family
Former CEO Armand Hammer was a long time friend of former U.S. Senator Albert Gore, Sr. and Gore was a member of the board of directors of the company. In September 1972, after he lost an election for the United States Senate in 1970, Gore became the head of Island Creek Coal Company, an Occidental subsidiary. Much of the company's coal and phosphate production was in Tennessee, the state Gore represented in the Senate, and Gore owned shares in the company. The company liquidated its coal assets in 1993 after Hammer died.
Former Vice President of the United States Al Gore was criticized by environmentalists when he inherited shares in the company after the death of his father in 1998; however, the shares were immediately sold.
In 1998, the U.S. government sold the Elk Hills Oil Field to Occidental for $3.65 billion after an auction process that involved selling the field in segments and offering it to multiple bidders. However, critics cited the Gore family's involvement with the company as evidence of graft.
Safety record
In 1999, OxyChem achieved Star Status under OSHA's Voluntary Protection Programs as being among the safest work sites in the U.S.
Piper Alpha
On July 6, 1988, the company's Piper Alpha offshore production platform in the North Sea was destroyed when an out of service gas condensate pump was started with its pressure safety valve removed. The subsequent gas leak, explosion and fire resulted in the deaths of 167 workers in what remains the world's deadliest offshore disaster. The subsequent inquiry blamed the accident on inadequate maintenance and safety procedures by Occidental, though no charges were brought.
Price-fixing lawsuit
In January 2024, a class action lawsuit was filed by drivers in three US states accusing Occidental, along with seven other oil and gas producers, of an illegal price fixing scheme to constrain production of shale oil that led to American drivers paying more for gasoline than they would have in a competitive market.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
OXY Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
OXY Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| June 10, 2026 | $0.2600 |
| March 10, 2026 | $0.2600 |
| Dec. 10, 2025 | $0.2400 |
| Sept. 10, 2025 | $0.2400 |
| June 10, 2025 | $0.2400 |
| March 10, 2025 | $0.2400 |
| Dec. 10, 2024 | $0.2200 |
| Sept. 10, 2024 | $0.2200 |
| June 10, 2024 | $0.2200 |
| March 7, 2024 | $0.2200 |
| Dec. 7, 2023 | $0.1800 |
| Sept. 7, 2023 | $0.1800 |
| June 8, 2023 | $0.1800 |
| March 9, 2023 | $0.1800 |
| Dec. 9, 2022 | $0.1300 |
| Sept. 9, 2022 | $0.1300 |
| June 9, 2022 | $0.1300 |
| March 9, 2022 | $0.1300 |
| Dec. 9, 2021 | $0.0100 |
| Sept. 9, 2021 | $0.0100 |
OXY Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 3 10.3%
- Buy 10 34.5%
- Hold 16 55.2%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
23 analysts · 2026-08-18Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $2.40 | $1.86 | 0.54% |
| March 31, 2026 | $1.06 | $0.60 | 0.46% |
| Dec. 31, 2025 | $0.31 | $0.18 | 0.13% |
| Sept. 30, 2025 | $0.64 | $0.52 | 0.12% |
| June 30, 2025 | $0.39 | $0.29 | 0.10% |
| March 31, 2025 | $0.87 | $0.78 | 0.09% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| OXY | $40.55B | 25.5 | -1.9% | 11.0% | 6.8% | — |
| XOM | $502.90B | 18.0 | -5.0% | 8.7% | 11.0% | — |
| XOM | $502.90B | 18.0 | -5.0% | 8.7% | 11.0% | — |
| CVX | — | 23.0 | -6.8% | 6.5% | 7.3% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.59B | $22.02B | $23.16B | $36.63B | $25.96B | $17.81B | $20.91B | $17.82B | $12.51B | $10.09B | $12.48B | $19.31B | |
| Cost of Revenue | · | $3.12B | $3.12B | $3.27B | $2.77B | $2.41B | $2.79B | $2.83B | $2.94B | · | · | · | |
| SG&A Expense | $986M | $960M | $987M | $945M | $863M | $864M | $893M | $585M | · | · | · | · | |
| Operating Expenses | · | · | · | · | · | · | · | · | · | · | $1.27B | $1.50B | |
| Other Non-op | $76M | $759M | $426M | $1.11B | $753M | $-53M | $606M | $331M | $357M | · | · | · | |
| Pretax Income | $3.13B | $4.02B | $4.66B | $14.12B | $3.71B | $-15.71B | $354M | $5.61B | $1.33B | $-1.66B | $-9.48B | $1.54B | |
| Income Tax | $1.02B | $1.16B | $1.33B | $813M | $915M | $-2.17B | $861M | $1.48B | $17M | $-662M | $-1.33B | $1.69B | |
| Net Income | $2.37B | $3.08B | $4.70B | $13.30B | $2.32B | $-14.83B | $-522M | $4.13B | $1.31B | $-574M | $-7.83B | $616M | |
| EPS (Basic) | $1.65 | $2.59 | $4.22 | $13.41 | $1.62 | $-17.06 | $-1.22 | $5.40 | $1.71 | $-0.75 | $-10.23 | $0.79 | |
| EPS (Diluted) | $1.61 | $2.44 | $3.90 | $12.40 | $1.58 | $-17.06 | $-1.22 | $5.39 | $1.70 | $-0.75 | $-10.23 | $0.79 | |
| Shares (Basic) | 975,500,000 | 911,800,000 | 889,200,000 | 926,200,000 | 935,000,000 | 918,700,000 | 809,500,000 | 761,700,000 | 765,100,000 | 763,800,000 | 765,600,000 | 781,100,000 | |
| Shares (Diluted) | 1,000,100,000 | 967,100,000 | 960,900,000 | 1,002,000,000 | 958,800,000 | 918,700,000 | 809,500,000 | 763,300,000 | 765,900,000 | 763,800,000 | 765,600,000 | 781,100,000 | |
| EBITDA | $7.53B | $7.37B | $6.87B | $6.93B | $8.45B | $8.10B | $5.98B | $3.98B | $4.00B | $4.27B | $4.54B | $4.26B |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.97B | $2.12B | $1.43B | $984M | $2.76B | $2.01B | $3.03B | $3.03B | $1.67B | $2.23B | $3.20B | $3.79B | |
| Short-term Investments | · | · | · | · | · | · | · | · | · | · | $167M | $394M | |
| Receivables | $2.58B | $2.84B | $3.19B | $4.28B | $4.21B | $2.12B | $4.23B | $4.89B | $4.14B | $3.99B | $2.97B | $4.21B | |
| Inventory | $1.82B | $1.76B | $2.02B | $2.06B | $1.85B | $1.90B | $1.58B | $1.26B | $1.25B | $866M | $986M | $1.05B | |
| Other Current Assets | $601M | $490M | $830M | $1.56B | $1.39B | $1.20B | $1.43B | $746M | $733M | $1.34B | $911M | $807M | |
| Current Assets | $8.83B | $9.07B | $8.38B | $8.89B | $10.21B | $8.82B | $14.63B | $9.93B | $8.27B | $8.43B | $9.40B | $13.87B | |
| PP&E (Net) | $63.64B | · | · | · | · | $65.89B | $82.23B | $31.44B | $31.17B | $32.34B | $31.64B | $39.73B | |
| PP&E (Gross) | $137.75B | · | · | · | · | $118.96B | $124.27B | $74.42B | $70.25B | $71.29B | $71.06B | $74.52B | |
| Accum. Depreciation | $74.11B | · | · | · | · | $53.08B | $42.04B | $42.98B | $39.07B | $38.96B | $39.42B | $34.78B | |
| Goodwill | $668M | $668M | · | · | · | · | · | · | · | · | · | · | |
| Intangibles | · | · | · | · | · | · | · | $8M | · | · | · | · | |
| Other Non-current Assets | $11.72B | $10.51B | $2.75B | $1.26B | · | · | · | · | · | · | · | · | |
| Total Assets | $84.19B | $85.44B | $74.01B | $72.61B | $75.04B | $80.06B | $107.19B | $42.16B | $42.03B | $43.11B | $43.41B | $56.24B | |
| Accounts Payable | $3.29B | $3.47B | $3.65B | $4.03B | $3.90B | $2.99B | $4.91B | $4.88B | $4.41B | $3.93B | $3.07B | $5.23B | |
| Accrued Liabilities | $3.59B | $4.25B | $3.85B | $3.29B | $4.05B | $3.57B | $5.45B | $2.41B | $2.49B | $2.44B | $2.21B | $2.60B | |
| Current Liabilities | $9.43B | $9.52B | $9.15B | $7.76B | $8.32B | $8.22B | $12.71B | $7.41B | $7.40B | $6.36B | $6.84B | $8.24B | |
| Capital Leases | $605M | $469M | $727M | $657M | $585M | $641M | $872M | · | · | · | · | · | |
| Deferred Tax | $5.64B | $5.39B | $5.76B | $5.51B | $7.04B | $7.11B | $9.72B | $907M | $581M | $1.13B | $1.32B | $3.02B | |
| Other Non-current Liabilities | $7.31B | $7.03B | $3.78B | $3.33B | $3.16B | $3.00B | $3.86B | $1.01B | $1.17B | $1.35B | $4.04B | $3.20B | |
| Long-term Debt | $21.40B | $25.32B | $19.00B | $19.15B | $29.03B | $35.83B | $38.59B | $10.40B | $9.90B | $9.80B | $8.30B | $6.80B | |
| Total Debt | · | · | · | · | · | $36.19B | $38.59B | $10.32B | $9.83B | $9.82B | $8.33B | $6.84B | |
| Common Stock | $243M | $233M | $222M | $220M | $217M | $216M | $209M | $179M | $179M | $178M | $178M | $178M | |
| Paid-in Capital | $21.01B | $19.87B | $17.42B | $17.18B | $16.75B | $16.55B | $14.96B | · | · | · | · | · | |
| Retained Earnings | $21.89B | $21.19B | $19.63B | $16.50B | $4.48B | $3.00B | $20.18B | $23.75B | $21.93B | $22.98B | $25.96B | $36.07B | |
| Treasury Stock | $15.60B | $15.60B | $15.58B | $13.77B | $10.67B | $10.66B | $10.65B | $10.47B | $9.17B | $9.14B | $9.12B | $8.53B | |
| AOCI | $202M | $179M | $275M | $195M | $-208M | $-288M | $-221M | $-172M | $-258M | $-266M | $-307M | $-357M | |
| Stockholders' Equity | $36.03B | $34.16B | $30.25B | $30.09B | $20.33B | $18.57B | $34.23B | $21.33B | $-258M | $21.50B | $24.35B | $34.96B | |
| Liabilities + Equity | $84.19B | $85.44B | $74.01B | $72.61B | $75.04B | $80.06B | $107.19B | $43.85B | $42.03B | $43.11B | $43.41B | $56.26B | |
| Shares Outstanding | 986,026,416 | 938,457,983 | 879,463,103 | 899,858,944 | 934,074,700 | 1,080,565,000 | 1,044,435,000 | 895,116,000 | 893,469,000 | 892,215,000 | 891,360,000 | 890,558,000 |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $7.53B | $6.95B | $6.45B | $6.93B | $8.45B | $8.10B | $6.14B | $3.98B | $4.00B | $4.27B | $4.54B | $4.26B | |
| Deferred Tax | $127M | $-265M | $54M | $-1.64B | $46M | $-2.52B | $-1.03B | $371M | $-719M | $-517M | $-1.37B | $-1.18B | |
| Other Non-cash | $503M | $1.45B | $690M | $-1.78B | $-381M | $13.21B | $3.41B | $-810M | $402M | $206M | $8.01B | $7.37B | |
| Operating Cash Flow | $10.53B | $11.44B | $12.31B | $16.81B | $10.43B | $3.96B | $7.38B | $7.67B | $4.86B | $3.38B | $3.35B | $11.07B | |
| CapEx | $6.43B | $6.26B | $5.70B | $4.50B | $2.87B | $2.54B | $6.37B | $4.97B | $3.60B | $2.72B | $5.27B | $8.93B | |
| Investing Cash Flow | $-5.80B | $-14.59B | $-6.98B | $-4.87B | $-1.25B | $-819M | $-29.03B | $-3.21B | $-3.08B | $-4.74B | $-5.42B | $-8.47B | |
| Debt Issued | · | · | · | · | · | · | $21.56B | $978M | $0 | $4.20B | $1.48B | · | |
| Net Debt Issued | $-3.75B | $-4.51B | $-22M | · | · | · | $21.56B | $478M | · | $1.49B | $1.48B | $-107M | |
| Stock Issued | $966M | $584M | $135M | $293M | $31M | $134M | $10.03B | $33M | $28M | $36M | $37M | $33M | |
| Stock Repurchased | $0 | $27M | $1.80B | $3.10B | $8M | $12M | $237M | $1.25B | $25M | $22M | $593M | $2.50B | |
| Net Stock Activity | $966M | $557M | $-1.66B | $-2.81B | $23M | $122M | $9.79B | $-1.22B | $3M | $14M | $-556M | $-2.47B | |
| Dividends Paid | · | · | · | $1.18B | $839M | $1.84B | $2.62B | $2.37B | $2.35B | $2.31B | $2.26B | $2.21B | |
| Financing Cash Flow | $-4.84B | $3.84B | $-4.89B | $-13.71B | $-8.57B | $-4.52B | $22.19B | $-3.10B | $-2.34B | $-802M | $1.48B | $-2.20B | |
| Net Change in Cash | $-111M | $693M | $438M | $-1.78B | $609M | $-1.38B | $541M | $1.36B | $-561M | $-2.16B | $-588M | $396M | |
| Taxes Paid | $1.24B | $1.04B | $1.04B | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $4.11B | $4.42B | $6.04B | $12.31B | $7.56B | $1.42B | $1.02B | $2.69B | $1.40B | $666M | $-1.92B | $2.14B |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 11.0% | 11.5% | 16.6% | 36.3% | 8.9% | -83.3% | -4.8% | 26.6% | 10.5% | -5.7% | -62.7% | 3.2% | |
| Pretax Margin | 14.5% | 15.2% | 22.8% | 38.5% | 14.3% | -88.2% | 0.91% | 36.0% | 10.6% | -16.5% | -77.6% | 6.3% | |
| EBITDA Margin | 34.9% | 27.6% | 24.3% | 18.9% | 32.5% | 45.5% | 29.3% | 25.6% | 32.0% | 42.3% | 36.4% | 22.1% | |
| ROA | 2.8% | 3.6% | 6.4% | · | 3.0% | -15.8% | -1.3% | 9.6% | 3.1% | -1.3% | -15.7% | 0.98% | |
| ROE | 6.8% | 9.6% | 15.8% | · | 11.8% | -56.2% | -3.5% | -1921.4% | 6.2% | -2.5% | -26.4% | 1.6% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | 1.0 | 0.9 | · | 1.2 | 1.1 | 1.2 | 1.3 | 1.1 | 1.3 | 1.4 | 1.7 | |
| Quick Ratio | 0.5 | 0.6 | 0.5 | · | 0.8 | 0.5 | 0.6 | 1.1 | 0.8 | 1.0 | 0.9 | 1.0 | |
| Debt / Equity | · | · | · | · | · | 1.9 | 1.1 | -60.0 | 0.5 | 0.5 | 0.3 | 0.2 | |
| LT Debt / Equity | · | · | · | · | · | 1.9 | 1.1 | -59.3 | 0.5 | 0.5 | 0.3 | 0.2 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.4 | · | 0.3 | 0.2 | 0.3 | 0.4 | 0.3 | 0.2 | 0.3 | 0.3 | |
| Inventory Turnover | · | 1.5 | 1.5 | · | 1.5 | 1.4 | 2.1 | · | · | · | · | · | |
| Receivables Turnover | 8.0 | 8.0 | 7.6 | · | 8.2 | 5.6 | 3.6 | 3.4 | 3.1 | 2.9 | 3.5 | 3.9 |
Growth Rates 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -1.9% | -4.9% | -36.8% | 41.1% | 45.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -16.2% | -5.3% | 9.2% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 3.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -34.0% | -37.4% | -68.5% | 684.8% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -49.4% | 15.6% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -23.0% | -34.4% | -64.7% | 472.9% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -43.7% | 9.8% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $21.59B | $22.02B | $23.16B | $36.63B | $25.96B | $17.81B | $20.91B | $17.82B | $12.51B | $10.09B | $12.48B | $19.31B | |
| Net Income TTM | $2.37B | $3.08B | $4.70B | $13.30B | $2.32B | $-14.83B | $-522M | $4.13B | $1.31B | $-574M | $-7.83B | $616M | |
| Market Cap | $40.55B | $46.37B | $52.51B | · | $31.41B | $18.70B | $43.04B | $54.94B | $65.81B | $63.55B | $60.16B | $71.67B | |
| Enterprise Value | · | · | · | · | · | $52.88B | $78.60B | $62.23B | $73.97B | $71.14B | $65.13B | $74.32B | |
| P/E | 25.5 | 20.2 | 15.3 | 5.1 | 18.3 | -1.0 | -33.8 | 11.4 | 43.3 | -95.0 | -6.6 | 101.9 | |
| P/S | 1.9 | 2.1 | 2.3 | · | 1.2 | 1.1 | 2.1 | 3.1 | 5.3 | 6.3 | 4.8 | 3.7 | |
| P/B | 1.1 | 1.4 | 1.7 | · | 1.5 | 1.0 | 1.3 | -319.4 | 3.2 | 3.0 | 2.5 | 2.0 | |
| P / Tangible Book | 1.1 | 1.4 | 1.7 | 1.9 | 1.5 | 1.0 | · | · | · | · | · | · | |
| P / Cash Flow | 3.8 | 4.1 | 4.3 | · | 3.0 | 4.7 | 5.8 | 7.2 | 13.2 | 18.8 | 18.0 | 6.5 | |
| P / FCF | 9.9 | 10.5 | 8.7 | · | 4.2 | 13.2 | 42.2 | 20.4 | 47.1 | 95.4 | -31.3 | 33.5 | |
| EV / EBITDA | · | · | · | · | · | 6.5 | 13.1 | 15.6 | 18.5 | 16.7 | 14.3 | 17.4 | |
| EV / FCF | · | · | · | · | · | 37.2 | 77.1 | 23.1 | 52.9 | 106.8 | -33.9 | 34.8 | |
| EV / Revenue | · | · | · | · | · | 3.0 | 3.8 | 3.5 | 5.9 | 7.1 | 5.2 | 3.8 | |
| Dividend Yield | · | · | · | · | 2.7% | 9.9% | 6.1% | 4.3% | 3.6% | 3.6% | 3.8% | 3.1% | |
| Earnings Yield | 3.9% | 4.9% | 6.5% | 19.7% | 5.5% | -98.6% | -3.0% | 8.8% | 2.3% | -1.1% | -15.2% | 0.98% | |
| Payout Ratio | · | · | · | 8.9% | 36.1% | -12.4% | -266.4% | 57.5% | 179.0% | -402.3% | -28.9% | 358.8% | |
| Annual Payout | · | · | · | $1.18B | $839M | $1.84B | $2.62B | $2.37B | $2.35B | $2.31B | $2.26B | $2.21B |
Income Statement 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.06B | $5.23B | $1.75B | $6.62B | $5.26B | $5.70B | $2.05B | $7.17B | $6.82B | $5.97B | $2.07B | $7.16B | $6.70B | $7.22B | $8.22B | $9.39B | |
| Cost of Revenue | · | · | · | $812M | $847M | $801M | · | $889M | $910M | $828M | · | $682M | $791M | $745M | $785M | $835M | |
| SG&A Expense | $262M | $245M | $158M | $277M | $257M | $241M | $174M | $268M | $259M | $259M | $211M | $258M | $277M | $241M | $258M | $247M | |
| Other Non-op | $134M | $136M | $-257M | $170M | $-4M | $114M | $50M | $166M | $242M | $301M | $35M | $106M | $185M | $100M | $192M | $266M | |
| Pretax Income | $3.92B | $390M | $-108M | $1.17B | $560M | $1.18B | $-215M | $1.59B | $1.64B | $1.01B | $-208M | $1.81B | $1.33B | $1.73B | $2.40B | $3.65B | |
| Income Tax | $915M | $154M | $40M | $324M | $222M | $347M | $-65M | $454M | $465M | $304M | $-42M | $434M | $467M | $471M | $473M | $902M | |
| Net Income | $3.00B | $3.36B | $114M | $842M | $468M | $945M | $-120M | $1.14B | $1.17B | $888M | $1.20B | $1.38B | $860M | $1.26B | $1.93B | $2.75B | |
| EPS (Basic) | $2.80 | $3.19 | $-0.10 | $0.67 | $0.27 | $0.81 | $-0.35 | $1.03 | $1.10 | $0.81 | $1.16 | $1.30 | $0.68 | $1.08 | $1.95 | $2.74 | |
| EPS (Diluted) | $2.75 | $3.13 | $-0.07 | $0.65 | $0.26 | $0.77 | $-0.32 | $0.98 | $1.03 | $0.75 | $1.07 | $1.20 | $0.63 | $1.00 | $1.76 | $2.52 | |
| Shares (Basic) | 997,100,000 | 989,800,000 | -1,937,300,000 | 986,400,000 | 985,100,000 | 941,300,000 | -1,793,600,000 | 927,500,000 | 893,800,000 | 884,100,000 | -1,785,300,000 | 884,000,000 | 889,300,000 | 901,200,000 | -1,871,700,000 | 922,000,000 | |
| Shares (Diluted) | 1,012,200,000 | 1,006,900,000 | -1,996,300,000 | 1,003,100,000 | 1,010,400,000 | 982,900,000 | -1,916,100,000 | 975,700,000 | 958,900,000 | 948,600,000 | -1,931,400,000 | 958,200,000 | 958,800,000 | 975,300,000 | -2,016,500,000 | 1,002,500,000 | |
| EBITDA | $1.85B | $1.79B | · | $2.06B | $1.94B | $1.92B | · | $1.93B | $1.77B | $1.69B | · | $1.71B | $1.71B | $1.72B | · | $1.74B |
Balance Sheet 27
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.15B | $3.81B | $1.97B | $2.16B | $2.33B | $2.61B | $2.12B | $1.76B | $1.84B | $1.27B | · | $611M | $486M | $1.17B | · | $1.23B | |
| Receivables | $3.14B | $3.68B | $2.58B | $3.17B | $3.47B | $3.61B | $2.84B | $3.92B | $3.90B | $3.27B | · | $3.67B | $2.85B | $3.27B | · | $4.05B | |
| Inventory | $2.19B | $1.86B | $1.82B | $2.12B | $1.87B | $2.14B | $1.76B | $2.27B | $2.81B | $2.13B | · | $1.98B | $2.02B | $2.31B | · | $1.94B | |
| Other Current Assets | $753M | $933M | $601M | $700M | $670M | $699M | $490M | $1.60B | $1.54B | $1.67B | · | $2.01B | $2.10B | $1.39B | · | $1.53B | |
| Current Assets | $11.13B | $11.07B | $8.83B | $8.81B | $8.98B | $9.72B | $9.07B | $9.55B | $10.09B | $8.35B | · | $8.27B | $7.45B | $8.14B | · | $8.75B | |
| PP&E (Net) | $62.60B | $63.12B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| PP&E (Gross) | $134.41B | $138.12B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $71.81B | $75.01B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Goodwill | · | · | $668M | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $6.63B | $6.27B | $11.72B | $3.06B | $2.98B | $2.98B | $10.51B | $2.75B | $2.77B | $2.73B | · | · | · | · | · | · | |
| Total Assets | $80.36B | $80.46B | $84.19B | $83.47B | $84.36B | $84.97B | $85.44B | $85.80B | $76.22B | $74.28B | · | $71.83B | $71.20B | $71.60B | · | $72.14B | |
| Accounts Payable | $3.57B | $3.78B | $3.29B | $3.53B | $3.82B | $3.78B | $3.47B | $3.94B | $4.28B | $3.83B | · | $3.91B | $3.56B | $3.51B | · | $3.71B | |
| Accrued Liabilities | $4.12B | $4.95B | $3.59B | $3.86B | $3.91B | $3.89B | $4.25B | $4.05B | $3.66B | $3.36B | · | $3.50B | $3.15B | $2.79B | · | $3.43B | |
| Current Liabilities | $7.89B | $9.15B | $9.43B | $9.42B | $8.56B | $9.62B | $9.52B | $9.54B | $9.70B | $8.81B | · | $8.94B | $7.46B | $7.44B | · | $7.93B | |
| Capital Leases | $505M | $557M | $605M | · | · | · | $469M | $638M | $668M | $664M | · | $577M | $576M | $595M | · | $616M | |
| Deferred Tax | $5.67B | $5.03B | $5.64B | $5.40B | $5.25B | $5.26B | $5.39B | $5.63B | $5.68B | $5.73B | · | $5.67B | $5.61B | $5.53B | · | $5.30B | |
| Other Non-current Liabilities | · | $7.34B | · | $7.18B | $7.21B | $7.08B | · | $3.94B | $3.88B | $3.89B | · | $3.33B | $3.27B | $3.35B | · | $3.22B | |
| Long-term Debt | $12.80B | $14.71B | $21.40B | $21.68B | $23.00B | $24.79B | $25.32B | $25.85B | $18.99B | $19.01B | · | $19.06B | $19.08B | $19.11B | · | $20.33B | |
| Total Debt | $13.54B | $15.25B | · | $20.85B | $23.34B | $24.04B | · | $26.46B | $19.59B | $18.55B | · | $18.60B | $19.67B | $19.64B | · | $21.02B | |
| Common Stock | $246M | $244M | $243M | $243M | $243M | $234M | $233M | $233M | $227M | $223M | · | $221M | $221M | $221M | · | $220M | |
| Paid-in Capital | $21.39B | $21.08B | $21.01B | $20.93B | $20.85B | $19.89B | $19.87B | $19.80B | $17.93B | $17.46B | · | $17.33B | $17.22B | $17.16B | · | $17.13B | |
| Retained Earnings | $27.35B | $24.81B | $21.89B | $22.20B | $21.78B | $21.73B | $21.19B | $21.69B | $20.94B | $20.15B | · | $18.76B | $17.76B | $17.32B | · | $14.89B | |
| Treasury Stock | $15.71B | $15.68B | $15.60B | $15.60B | $15.60B | $15.60B | $15.60B | $15.59B | $15.59B | $15.58B | · | $15.57B | $14.96B | $14.52B | · | $13.19B | |
| AOCI | $191M | $194M | $202M | $204M | $164M | $170M | $179M | $249M | $264M | $280M | · | $293M | $247M | $255M | · | $-87M | |
| Stockholders' Equity | $41.75B | $38.93B | $36.03B | $36.26B | $35.72B | $34.71B | $34.16B | $34.67B | $32.05B | $30.81B | · | $29.31B | $29.11B | $29.56B | · | $28.72B | |
| Liabilities + Equity | $80.36B | $80.46B | $84.19B | $83.47B | $84.36B | $84.97B | $85.44B | $85.80B | $76.22B | $74.28B | · | $71.83B | $71.20B | $71.60B | · | $72.14B | |
| Shares Outstanding | 999,708,551 | 991,192,560 | 986,026,416 | 985,175,029 | 984,416,165 | 942,049,921 | 938,457,983 | 938,174,218 | 905,559,959 | 886,719,730 | · | 877,701,484 | 884,681,888 | 891,551,244 | · | 908,077,761 |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.85B | $1.79B | $1.62B | $2.06B | $1.82B | $1.80B | $1.56B | $1.93B | $1.77B | $1.69B | $1.31B | $1.71B | $1.71B | $1.72B | $1.82B | $1.74B | |
| Deferred Tax | $707M | $50M | $126M | $147M | $-12M | $-125M | $-83M | $-47M | $-44M | $-91M | $-94M | $50M | $81M | $17M | $121M | $272M | |
| Other Non-cash | · | $-3.92B | · | · | · | $-585M | · | · | · | $-483M | · | · | · | $-131M | · | · | |
| Operating Cash Flow | $4.27B | $1.28B | $2.63B | $2.79B | $2.96B | $2.15B | $3.36B | $3.68B | $2.39B | $2.01B | $3.24B | $3.13B | $3.07B | $2.87B | $3.98B | $4.27B | |
| CapEx | $1.59B | $1.55B | $753M | $1.77B | $2.00B | $1.68B | $1.03B | $1.68B | $1.77B | $1.78B | $970M | $1.62B | $1.65B | $1.46B | $1.52B | $1.15B | |
| Investing Cash Flow | $-1.78B | $7.85B | $-1.81B | $-1.26B | $-2.00B | $-731M | $-1.79B | $-9.12B | $-1.87B | $-1.81B | $-1.97B | $-1.47B | $-1.94B | $-1.60B | $-1.90B | $-1.02B | |
| Net Debt Issued | · | $-6.90B | · | · | · | $-518M | · | · | · | $0 | · | · | · | $-22M | · | · | |
| Stock Issued | $200M | $95M | $18M | $17M | $906M | $25M | $13M | $67M | $416M | $88M | $43M | $55M | $7M | $30M | $2M | $174M | |
| Stock Repurchased | $61M | $56M | $0 | $0 | $0 | $0 | $18M | $0 | $9M | $0 | $187M | $434M | $445M | $732M | $632M | $1.90B | |
| Net Stock Activity | · | $39M | · | · | · | $25M | · | · | · | $88M | · | · | · | $-702M | · | · | |
| Dividends Paid | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $324M | |
| Financing Cash Flow | $-2.15B | $-7.33B | $-974M | $-1.70B | $-1.24B | $-932M | $-1.20B | $5.33B | $39M | $-328M | $-455M | $-1.54B | $-1.82B | $-1.08B | $-2.33B | $-3.37B | |
| Net Change in Cash | $341M | $1.80B | $-150M | $-164M | $-282M | $485M | $364M | $-102M | $562M | $-131M | $815M | $116M | $-685M | $192M | $-253M | $-122M | |
| Taxes Paid | $396M | $118M | $52M | $163M | $531M | $414M | $228M | $211M | $449M | $152M | $234M | $174M | $468M | $164M | · | $923M | |
| Free Cash Flow | · | $-273M | · | · | · | $240M | · | · | · | $224M | · | · | · | $1.41B | · | · |
Profitability 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 37.1% | 64.2% | · | 12.7% | 7.3% | 13.9% | · | 15.9% | 17.2% | 14.9% | · | 19.2% | 12.8% | 17.5% | · | 29.2% | |
| Pretax Margin | 48.5% | 7.5% | · | 17.6% | 11.5% | 19.6% | · | 22.2% | 24.0% | 16.9% | · | 25.3% | 19.8% | 24.0% | · | 38.9% | |
| EBITDA Margin | 22.9% | 34.3% | · | 31.1% | 30.2% | 28.2% | · | 26.9% | 26.0% | 28.3% | · | 23.9% | 25.5% | 23.8% | · | 18.5% | |
| ROA | 3.6% | 4.1% | · | 0.99% | 0.58% | 1.2% | · | 1.5% | 1.6% | 1.2% | · | 1.9% | 1.2% | 1.7% | · | 3.7% | |
| ROE | 7.7% | 9.1% | · | 2.4% | 1.4% | 2.9% | · | 3.6% | 3.8% | 2.9% | · | 4.7% | 3.0% | 4.6% | · | 11.5% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.4 | 1.2 | · | 0.9 | 1.0 | 1.0 | · | 1.0 | 1.0 | 0.9 | · | 0.9 | 1.0 | 1.1 | · | 1.1 | |
| Quick Ratio | 0.9 | 0.8 | · | 0.6 | 0.7 | 0.6 | · | 0.6 | 0.6 | 0.5 | · | 0.5 | 0.4 | 0.6 | · | 0.7 | |
| Debt / Equity | 0.3 | 0.4 | · | 0.6 | 0.7 | 0.7 | · | 0.8 | 0.6 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.7 | |
| LT Debt / Equity | 0.3 | 0.4 | · | 0.6 | 0.7 | 0.7 | · | 0.7 | 0.6 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.7 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Inventory Turnover | · | · | · | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.3 | 0.3 | · | 0.3 | 0.4 | 0.4 | · | 0.5 | |
| Receivables Turnover | 2.4 | 1.4 | · | 1.9 | 1.7 | 2.0 | · | 1.9 | 2.0 | 1.8 | · | 1.9 | 1.5 | 1.7 | · | 2.5 |
Valuation (TTM) 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $25.18B | $23.97B | · | $27.01B | $27.21B | $26.77B | · | $27.12B | $26.65B | $27.06B | · | $30.48B | $33.99B | $35.64B | · | $35.21B | |
| Net Income TTM | $7.67B | $5.61B | · | $3.40B | $3.72B | $4.14B | · | $4.57B | $4.29B | $4.39B | · | $6.24B | $8.62B | $12.64B | · | $12.21B | |
| Market Cap | $48.56B | $64.43B | · | $46.55B | $41.36B | $46.50B | · | $48.35B | $57.08B | $57.63B | · | $56.95B | $52.02B | $55.66B | · | $55.80B | |
| Enterprise Value | $57.95B | $75.86B | · | $65.24B | $62.37B | $67.92B | · | $73.05B | $74.82B | $74.90B | · | $74.93B | $71.20B | $74.14B | · | $75.59B | |
| P/E | 7.2 | 13.5 | · | 17.8 | 13.8 | 14.0 | · | 13.0 | 17.5 | 18.2 | · | 12.1 | 7.7 | 5.4 | · | 5.4 | |
| P/S | 1.9 | 2.7 | · | 1.7 | 1.5 | 1.7 | · | 1.8 | 2.1 | 2.1 | · | 1.9 | 1.5 | 1.6 | · | 1.6 | |
| P/B | 1.2 | 1.7 | · | 1.3 | 1.2 | 1.3 | · | 1.4 | 1.8 | 1.9 | · | 1.9 | 1.8 | 1.9 | · | 1.9 | |
| P / Tangible Book | 1.2 | 1.7 | · | 1.3 | 1.2 | 1.3 | · | 1.4 | 1.8 | 1.9 | · | 1.9 | 1.8 | 1.9 | · | 1.9 | |
| P / Cash Flow | · | 50.3 | · | · | · | 21.6 | · | · | · | 28.7 | · | · | · | 19.4 | · | · | |
| P / FCF | · | -236.0 | · | · | · | 193.7 | · | · | · | 257.3 | · | · | · | 39.5 | · | · | |
| EV / EBITDA | 31.4 | 42.3 | · | 31.7 | 32.2 | 35.4 | · | 37.9 | 42.2 | 44.2 | · | 43.8 | 41.7 | 43.1 | · | 43.5 | |
| EV / FCF | · | -277.9 | · | · | · | 283.0 | · | · | · | 334.4 | · | · | · | 52.6 | · | · | |
| EV / Revenue | 2.3 | 3.2 | · | 2.4 | 2.3 | 2.5 | · | 2.7 | 2.8 | 2.8 | · | 2.5 | 2.1 | 2.1 | · | 2.1 | |
| Earnings Yield | 14.0% | 7.4% | · | 5.6% | 7.2% | 7.1% | · | 7.7% | 5.7% | 5.5% | · | 8.2% | 13.0% | 18.6% | · | 18.4% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | |
|---|---|---|---|---|---|
| Revenue | $21.59B | $22.02B | — | — | — |
| Net Income | $2.37B | $3.08B | — | — | — |
| Diluted EPS | $1.61 | $2.44 | — | — | — |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | |
|---|---|---|---|---|---|
| Current Ratio | 0.9 | 1.0 | — | — | — |
| Quick Ratio | 0.5 | 0.6 | — | — | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $4.11B | $4.42B | — | — | — |
Latest News Recent headlines mentioning this company
- The Berkshire Hathaway Stock Pick Flying Under the Radar in 2026
- The Energy Sector Is on Fire. Is Occidental Petroleum the Best Way to Play It?
- Oil, Geopolitics, and Occidental Petroleum: Here's Where the Stock Could Be in 12 Months
- Better Oil Stock: Occidental Petroleum vs. Energy Transfer
- Occidental Q1 Profit Surges On Gain From OxyChem Sale
- Better Oil Stock: Chevron vs. Occidental Petroleum
- Occidental Petroleum AGM: CEO Vicki Hollub to Retire June 1, COO Richard Jackson to Take Over
- Occidental Petroleum Stock Rocketed 38% in 2026 (But the Big Move Came in March)
- QSM Asset Management Bets on Beaten-Down Manpower Group With New $5.9 Million Stake in ManpowerGroup
- Why Occidental Petroleum Fell Today
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 1,401 filers · $33.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 144 (-162 vs prior Q) | 176 (+87 vs prior Q) | 489 (+43 vs prior Q) | 389 (-5 vs prior Q) | +92.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Berkshire Hathaway Inc | $12,868,205,304 | 264,941,431 | 38.16% | Shares |
| Dodge & Cox | $3,534,193,330 | 72,764,944 | 10.48% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $2,336,077,410 | 48,097,126 | 6.93% | Shares |
| STATE STREET CORP | $2,252,270,695 | 46,141,269 | 6.68% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,919,021,634 | 39,510,431 | 5.69% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $847,278,385 | 17,521,341 | 2.51% | Shares |
| H&H International Investment, LLC | $498,401,055 | 10,261,500 | 1.48% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $430,581,211 | 8,865,169 | 1.28% | Shares |
| JANE STREET GROUP, LLC | $335,574,987 | 6,909,100 | 1.00% | Call option |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $279,770,728 | 5,760,155 | 0.83% | Shares |
| Qube Research & Technologies Ltd | $271,279,527 | 5,585,331 | 0.80% | Shares |
| Point72 Asset Management, L.P. | $252,256,455 | 5,193,668 | 0.75% | Shares |
| PeakShares LLC | $228,182,000 | 4,698 | 0.68% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $198,812,650 | 4,093,322 | 0.59% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $188,039,289 | 3,871,511 | 0.56% | Shares |
| TWO SIGMA INVESTMENTS, LP | $173,731,782 | 3,576,936 | 0.52% | Shares |
| Scharf Investments, LLC | $154,829,078 | 3,187,747 | 0.46% | Shares |
| AMERICAN CENTURY COMPANIES INC | $142,551,127 | 2,934,962 | 0.42% | Shares |
| Smead Capital Management, Inc. | $140,366,556 | 2,889,985 | 0.42% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $132,321,145 | 2,724,339 | 0.39% | Shares |
| BANK OF AMERICA CORP /DE/ | $126,910,253 | 2,612,935 | 0.38% | Shares |
| JANE STREET GROUP, LLC | $111,749,856 | 2,300,800 | 0.33% | Put option |
| MILLENNIUM MANAGEMENT LLC | $110,605,790 | 2,277,245 | 0.33% | Shares |
| GOLDMAN SACHS GROUP INC | $106,961,922 | 2,202,222 | 0.32% | Shares |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $106,068,963 | 2,183,837 | 0.31% | Shares |
| Swiss National Bank | $101,327,414 | 2,086,214 | 0.30% | Shares |
| Alyeska Investment Group, L.P. | $91,909,885 | 1,892,318 | 0.27% | Shares |
| Sourcerock Group LLC | $89,159,949 | 1,835,700 | 0.26% | Shares |
| FMR LLC | $88,405,652 | 1,820,170 | 0.26% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $86,971,751 | 1,790,655 | 0.26% | Shares |
| COOKE & BIELER LP | $86,929,080 | 1,789,769 | 0.26% | Shares |
| Assenagon Asset Management S.A. | $82,686,539 | 1,702,420 | 0.25% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $81,905,728 | 1,686,344 | 0.24% | Shares |
| Adams Asset Advisors, LLC | $80,142,880 | 1,650,049 | 0.24% | Shares |
| Vanguard Global Advisers, LLC | $77,246,554 | 1,590,417 | 0.23% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $76,079,125 | 1,566,381 | 0.23% | Shares |
| UBS Group AG | $75,091,649 | 1,546,050 | 0.22% | Call option |
| Walleye Trading LLC | $73,666,119 | 1,516,700 | 0.22% | Call option |
| California Public Employees Retirement System | $67,758,793 | 1,395,075 | 0.20% | Shares |
| BlackRock, Inc. | $67,751,993 | 1,394,935 | 0.20% | Shares |
| CITADEL ADVISORS LLC | $64,104,580 | 1,319,839 | 0.19% | Shares |
| BARCLAYS PLC | $63,907,678 | 1,315,785 | 0.19% | Shares |
| RHUMBLINE ADVISERS | $58,739,720 | 1,209,385 | 0.17% | Shares |
| Legal & General Group Plc | $56,641,898 | 1,166,191 | 0.17% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $55,503,640 | 1,142,754 | 0.16% | Shares |
| National Pension Service | $55,461,257 | 1,141,883 | 0.16% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $55,378,830 | 851,982 | 0.16% | Shares |
| Encompass Capital Advisors LLC | $55,272,660 | 1,138,000 | 0.16% | Shares |
| Walleye Trading LLC | $53,703,849 | 1,105,700 | 0.16% | Put option |
| CANADA PENSION PLAN INVESTMENT BOARD | $53,632,548 | 1,104,232 | 0.16% | Shares |
| FIRST TRUST ADVISORS LP | $53,600,758 | 1,103,577 | 0.16% | Shares |
| VANGUARD GROUP INC | $50,444,659 | 1,226,767 | 0.15% | Shares |
| ALLIANCEBERNSTEIN L.P. | $50,208,860 | 772,444 | 0.15% | Shares |
| Gotham Asset Management, LLC | $48,661,263 | 1,001,879 | 0.14% | Shares |
| NEUBERGER BERMAN GROUP LLC | $48,369,110 | 995,633 | 0.14% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $44,812,495 | 689,423 | 0.13% | Shares |
| Freestone Grove Partners LP | $42,931,460 | 883,909 | 0.13% | Shares |
| Life Cycle Investment Partners Ltd | $42,138,069 | 867,574 | 0.12% | Shares |
| D. E. Shaw & Co., Inc. | $41,258,952 | 849,474 | 0.12% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $40,488,536 | 833,612 | 0.12% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $39,501,496 | 813,290 | 0.12% | Shares |
| Perigon Wealth Management, LLC | $39,126,924 | 805,578 | 0.12% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $38,757,178 | 797,965 | 0.11% | Shares |
| Swedbank AB | $38,493,182 | 792,530 | 0.11% | Shares |
| UBS Group AG | $37,151,193 | 764,900 | 0.11% | Put option |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $36,932,337 | 760,394 | 0.11% | Shares |
| Qube Research & Technologies Ltd | $36,684,921 | 755,300 | 0.11% | Call option |
| Point72 Asset Management, L.P. | $35,946,657 | 740,100 | 0.11% | Call option |
| Tredje AP-fonden | $35,374,308 | 728,316 | 0.10% | Shares |
| TD Asset Management Inc | $34,643,621 | 713,272 | 0.10% | Shares |
| Toroso Investments, LLC | $34,220,352 | 832,207 | 0.10% | Shares |
| WOLVERINE TRADING, LLC | $33,862,400 | 704,000 | 0.10% | Call option |
| RAYMOND JAMES FINANCIAL INC | $33,484,396 | 689,405 | 0.10% | Shares |
| MILLENNIUM MANAGEMENT LLC | $32,935,317 | 678,100 | 0.10% | Put option |
| AVIVA PLC | $31,308,173 | 644,599 | 0.09% | Shares |
| HighTower Advisors, LLC | $31,277,875 | 643,975 | 0.09% | Shares |
| Toroso Investments, LLC | $31,226,528 | 759,400 | 0.09% | Call option |
| AMERIPRISE FINANCIAL INC | $31,197,427 | 641,867 | 0.09% | Shares |
| Mariner, LLC | $31,175,958 | 641,855 | 0.09% | Shares |
| Parallax Volatility Advisers, L.P. | $30,973,089 | 637,700 | 0.09% | Call option |
| MORGAN STANLEY | $30,483,261 | 627,615 | 0.09% | Shares |
| PRUDENTIAL FINANCIAL INC | $30,340,562 | 624,677 | 0.09% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $30,330,411 | 624,468 | 0.09% | Shares |
| Aventail Capital Group, LP | $30,018,203 | 618,040 | 0.09% | Shares |
| Quantinno Capital Management LP | $29,797,483 | 613,495 | 0.09% | Shares |
| D. E. Shaw & Co., Inc. | $29,413,992 | 605,600 | 0.09% | Call option |
| WELLINGTON MANAGEMENT GROUP LLP | $28,979,582 | 596,656 | 0.09% | Shares |
| WOLVERINE TRADING, LLC | $28,975,440 | 602,400 | 0.09% | Put option |
| D. E. Shaw & Co., Inc. | $28,792,296 | 592,800 | 0.09% | Put option |
| NORDEA INVESTMENT MANAGEMENT AB | $28,671,537 | 580,513 | 0.09% | Shares |
| Trexquant Investment LP | $28,427,390 | 585,287 | 0.08% | Shares |
| KGH Ltd | $27,966,060 | 566,000 | 0.08% | Shares |
| LPL Financial LLC | $27,843,366 | 573,263 | 0.08% | Shares |
| TUDOR INVESTMENT CORP ET AL | $27,817,690 | 572,734 | 0.08% | Shares |
| Parallax Volatility Advisers, L.P. | $27,262,341 | 561,300 | 0.08% | Put option |
| UBS Group AG | $26,411,880 | 543,790 | 0.08% | Shares |
| Squarepoint Ops LLC | $26,304,152 | 541,572 | 0.08% | Shares |
| Danica Pension, Livsforsikringsaktieselskab | $25,414,641 | 523,258 | 0.08% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $24,965,660 | 514,014 | 0.07% | Shares |
| Zurich Insurance Group Ltd/FI | $24,908,250 | 512,832 | 0.07% | Shares |
Company insiders 60 insiders · 33 officers · 29 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Richard A. Jackson | President and CEO | June 23, 2026 P | 444,098 | 1 | 0 | $249,853 |
| Sunil Mathew | SVP & CFO | March 31, 2025 X | 212,095 | 0 | 0 | $0 |
| Cedric W. Burgher | SVP & CFO | May 30, 2018 F | 58,070 | 0 | 0 | $0 |
| Christopher G Stavros | SVP & CFO | Feb. 28, 2017 F | 73,405 | 0 | 0 | $0 |
| Dale R Laurance | President | Dec. 13, 2004 F | 788,788 | 0 | 0 | $0 |
| Kenneth Dillon | Senior Vice President | Feb. 18, 2026 F | 354,449 | 0 | 0 | $0 |
| Christopher O Champion | VP, CAO and Controller | Feb. 18, 2026 F | 135,409 | 0 | 0 | $0 |
| Sylvia J Kerrigan | SVP & Chief Legal Officer | Oct. 2, 2025 F | 148,837 | 0 | 0 | $0 |
| Jeff F Simmons | Senior Vice President | March 1, 2025 A | 318,047 | 0 | 0 | $0 |
| Robert L Peterson | Senior Vice President | March 1, 2025 A | 287,910 | 0 | 0 | $0 |
| Peter J. Bennett | Vice President | March 1, 2024 A | 146,156 | 0 | 0 | $0 |
| Joseph C. Elliott | Senior Vice President | July 12, 2018 F | 57,693 | 0 | 0 | $0 |
| Glenn M. Vangolen | SVP - Business Support | July 12, 2018 F | 69,591 | 0 | 0 | $0 |
| Jennifer M Kirk | VP and Principal Acct. Officer | July 12, 2018 F | 28,627 | 0 | 0 | $0 |
| Marcia E. Backus | SVP, GC & CCO | July 12, 2018 F | 74,521 | 0 | 0 | $0 |
| Edward A. Lowe | Executive Vice President | July 12, 2018 F | 152,429 | 0 | 0 | $0 |
| Cynthia Lynn Walker | SVP-Mkting & Midstream Ops&Dev | Feb. 17, 2016 A | 21,866 | 0 | 0 | $0 |
| Willie Cw Chiang | EVP - Operations | Feb. 11, 2015 A | 19,399 | 0 | 0 | $0 |
| Roy Pineci | VP, Controller, Prin Acct Offr | July 9, 2014 A | 22,295 | 0 | 0 | $0 |
| William E Albrecht | Vice President | July 9, 2014 A | 49,909 | 0 | 0 | $0 |
| James M Lienert | Executive VP, Business Support | Oct. 15, 2013 F | 146,266 | 0 | 0 | $0 |
| Donald P De Brier | Corp. EVP & Corp. Secretary | Oct. 15, 2013 F | 683,266 | 0 | 0 | $0 |
| Chuck B Anderson | Vice President | Sept. 19, 2013 S | 28,922 | 0 | 0 | $0 |
| John C. Ale | VP and General Counsel | April 18, 2013 F | 14,915 | 0 | 0 | $0 |
| Ray R Irani | Executive Chairman | Dec. 21, 2012 G | 7,657,622 | 0 | 0 | $0 |
| Casey R Olson | Executive Vice President | Feb. 5, 2009 A | 106,998 | 0 | 0 | $0 |
| Jim A Leonard | Vice President and Controller | July 22, 2008 F | 21,090 | 0 | 0 | $0 |
| James R Havert | Vice President and Treasurer | July 22, 2008 F | 86,284 | 0 | 0 | $0 |
| Martin Cozyn | EVP - Human Resources | April 1, 2008 A | 10,684 | 0 | 0 | $0 |
| John W Morgan | Executive Vice President | Feb. 21, 2008 F | 433,824 | 0 | 0 | $0 |
| Richard W Hallock | Executive VP - Human Resources | Feb. 21, 2008 F | 357,537 | 0 | 0 | $0 |
| DOMINICK SAMUEL P JR | Vice President and Controller | Feb. 9, 2005 A | 96,931 | 0 | 0 | $0 |
| John L Hurst | Executive Vice President | Feb. 17, 2004 S | 29,337 | 0 | 0 | $0 |
| Vicki A. Hollub | Director | June 1, 2026 F | 1,037,826 | 0 | 0 | $0 |
| Carlos M Gutierrez | Director | May 9, 2025 G | 75,261 | 0 | 0 | $0 |
| Claire Oneill | Director | May 5, 2025 A | 12,473 | 0 | 0 | $0 |
| Kenneth B. Robinson | Director | May 5, 2025 F | 11,865 | 0 | 0 | $0 |
| Bob Shearer | Director | May 5, 2025 A | 62,729 | 0 | 0 | $0 |
| Avedick Baruyr Poladian | Director | May 5, 2025 A | 90,426 | 0 | 0 | $0 |
| Vicky A Bailey | Director | May 5, 2025 F | 12,979 | 0 | 0 | $0 |
| Jack B Moore | Director | May 5, 2025 F | 70,020 | 0 | 0 | $0 |
| Andrew Gould | Director | May 5, 2025 F | 42,850 | 0 | 0 | $0 |
| William R Klesse | Director | May 5, 2025 F | 213,913 | 0 | 0 | $0 |
| Elisse B. Walter | Director | May 7, 2018 A | 16,468 | 0 | 0 | $0 |
| Eugene L. Batchelder | Director | May 7, 2018 A | 34,963 | 0 | 0 | $0 |
| Spencer Abraham | Director | May 7, 2018 F | 46,341 | 0 | 0 | $0 |
| Margaret M Foran | Director | May 7, 2018 A | 42,553 | 0 | 0 | $0 |
| Howard I Atkins | Director | May 7, 2018 A | 30,207 | 0 | 0 | $0 |
| John E Feick | Director | May 7, 2018 A | 46,503 | 0 | 0 | $0 |
| Stephen I Chazen | Director | May 11, 2017 S | 1,458,619 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 6 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Occidental Petroleum Corporation, OXY USA Inc., OXY Oil Partners, Inc., Baseball Merger Sub 2, Inc., Anadarko Petroleum Corporation, Western Gas Resources, Inc., APC Midstream Holdings, LLC, Anadarko Holding Company, Kerr-McGee Corporation, Kerr-McGee Worldwide Corporation, Anadarko USH1 Corporation ×18 filings | Feb. 5, 2026 | 38.30% | Amendment | — | SEC |
| Icahn Partners Master Fund LP, Icahn Offshore LP, Icahn Partners LP, Icahn Onshore LP, Icahn Capital LP, IPH GP LLC, Icahn Enterprises Holdings L.P., Icahn Enterprises G.P. Inc., Beckton Corp., Carl C. Icahn ×7 filings | March 2, 2022 | — | Initial filing | — | SEC |
| March 12, 2021 | — | Initial filing | — | SEC | |
| March 25, 2020 | — | Initial filing | — | SEC | |
| High River Limited Partnership, Hopper Investments LLC, Barberry Corp., Icahn Partners Master Fund LP, Icahn Offshore LP, Icahn Partners LP, Icahn Onshore LP, Icahn Capital LP, IPH GP LLC, Icahn Enterprises Holdings L.P., Icahn Enterprises G.P. Inc., Beckton Corp., Carl C. Icahn | March 12, 2020 | — | Initial filing | — | SEC |
| Occidental Petroleum Corporation S.S. OR, Occidental Petroleum Investment Co. S.S. OR, Occidental Chemical Holding Corporation S.S. OR ×4 filings | Feb. 6, 2007 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 184 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| GKAT · Advisors Series Trust | 8.41% | 192,856 NS | March 31, 2026 | N-PORT |
| KAT · Advisors Series Trust | 7.55% | 783,189 NS | March 31, 2026 | N-PORT |
| OMAH · Tidal Trust III | 5.84% | 721,216 NS | April 30, 2026 | N-PORT |
| TNGY · Tortoise Capital Series Trust | 5.12% | 480,671 NS | May 31, 2026 | N-PORT |
| PXE · Invesco Exchange-Traded Fund Trust | 4.81% | 68,851 SH | Aug. 8, 2026 | Daily |
| LNGX · Global X Funds | 4.68% | 47,251 NS | May 31, 2026 | N-PORT |
| RSPG · Invesco Exchange-Traded Fund Trust | 4.51% | 454,205 SH | Aug. 8, 2026 | Daily |
| NBET · Neuberger Berman ETF Trust | 3.07% | 22,735 NS | April 30, 2026 | N-PORT |
| MVFD · Northern Lights Fund Trust IV | 2.96% | 56,635 NS | May 31, 2026 | N-PORT |
| EQRR · ProShares Trust | 2.26% | 24,713 NS | May 31, 2026 | N-PORT |
| FCUS · Tidal Trust II | 2.24% | 37,004 NS | May 31, 2026 | N-PORT |
| GXPE · Global X Funds | 2.00% | 696 NS | May 31, 2026 | N-PORT |
| GUSH · Direxion Shares ETF Trust | 1.87% | 91,833 NS | April 30, 2026 | N-PORT |
| IYE · iShares Trust | 1.82% | 555,313 SH | Aug. 8, 2026 | Daily |
| FXN · First Trust Exchange-Traded AlphaDE… | 1.77% | 354,390 NS | April 30, 2026 | N-PORT |
| YALL · Tidal Trust I | 1.77% | 30,259 NS | May 31, 2026 | N-PORT |
| FENY · FIDELITY COVINGTON TRUST | 1.77% | 590,931 NS | April 30, 2026 | N-PORT |
| ERX · Direxion Shares ETF Trust | 1.61% | 73,644 NS | April 30, 2026 | N-PORT |
| DIG · ProShares Trust | 1.54% | 20,353 NS | May 31, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 1.53% | 4,580,001 NS | April 30, 2026 | N-PORT |
| QQWZ · Pacer Funds Trust | 1.53% | 11,770 NS | April 30, 2026 | N-PORT |
| VDE · VANGUARD WORLD FUND | 1.41% | 3,207,362 SH | Aug. 8, 2026 | Daily |
| PWV · Invesco Exchange-Traded Fund Trust | 1.29% | 412,313 SH | Aug. 8, 2026 | Daily |
| IXC · iShares Trust | 1.15% | 543,675 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 1.09% | 119,523 NS | May 31, 2026 | N-PORT |
| IGE · iShares Trust | 1.08% | 144,173 SH | Aug. 8, 2026 | Daily |
| BKDV · BNY Mellon ETF Trust II | 0.86% | 195,779 NS | April 30, 2026 | N-PORT |
| TEXN · iShares Trust | 0.70% | 2,094 SH | Aug. 8, 2026 | Daily |
| CCNR · Financial Investors Trust | 0.68% | 44,421 NS | April 30, 2026 | N-PORT |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.65% | 139,309 NS | April 30, 2026 | N-PORT |
| EQIN · Columbia ETF Trust I | 0.65% | 29,610 NS | April 30, 2026 | N-PORT |
| RPV · Invesco Exchange-Traded Fund Trust | 0.63% | 190,612 SH | Aug. 8, 2026 | Daily |
| VOE · VANGUARD INDEX FUNDS | 0.62% | 4,791,921 SH | Aug. 8, 2026 | Daily |
| DFLV · Dimensional ETF Trust | 0.58% | 566,733 NS | April 30, 2026 | N-PORT |
| IMCV · iShares Trust | 0.57% | 116,501 SH | Aug. 8, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.55% | 13,323,000 | Aug. 8, 2026 | Daily |
| AVLV · AMERICAN CENTURY ETF TRUST | 0.54% | 1,217,522 NS | May 31, 2026 | N-PORT |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.52% | 942 NS | May 31, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.44% | 31,731 NS | May 31, 2026 | N-PORT |
| GUNR · FlexShares Trust | 0.41% | 507,966 NS | April 30, 2026 | N-PORT |
| IWS · iShares Trust | 0.39% | 1,094,163 SH | Aug. 8, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.35% | 16,165,468 SH | Aug. 8, 2026 | Daily |
| FHEQ · Fidelity Greenwood Street Trust | 0.35% | 47,928 NS | April 30, 2026 | N-PORT |
| FEUS · FlexShares Trust | 0.34% | 6,270 NS | April 30, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.34% | 811,251 NS | April 30, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.32% | 7,348 NS | April 30, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.31% | 75,600 NS | April 30, 2026 | N-PORT |
| SMIZ · Zacks Trust | 0.30% | 13,765 NS | May 31, 2026 | N-PORT |
| DFVE · DoubleLine ETF Trust | 0.29% | 1,228 NS | March 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.29% | 2,952,544 SH | Aug. 8, 2026 | Daily |