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Occidental Petroleum (Occidental Petroleum) Book Value per Share

: $24.97 (As of Dec. 2023)
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Occidental Petroleum's book value per share for the quarter that ended in Dec. 2023 was $24.97.

During the past 12 months, Occidental Petroleum's average Book Value Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Occidental Petroleum was 38.20% per year. The lowest was -29.40% per year. And the median was -2.70% per year.

Occidental Petroleum's current price is $67.00. Its book value per share for the quarter that ended in Dec. 2023 was $24.97. Hence, today's PB Ratio of Occidental Petroleum is 2.68.

During the past 13 years, the highest P/B Ratio of Occidental Petroleum was 5.19. The lowest was 0.37. And the median was 2.30.


Occidental Petroleum Book Value per Share Historical Data

The historical data trend for Occidental Petroleum's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Occidental Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.37 9.46 11.31 22.59 24.97

Occidental Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.59 22.91 23.16 23.88 24.97

Competitive Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Occidental Petroleum PB Ratio Distribution

For the Oil & Gas industry and Energy sector, Occidental Petroleum's PB Ratio distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's PB Ratio falls into.



Occidental Petroleum Book Value per Share Calculation

Occidental Petroleum's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(30,250-8,287)/879
=24.97

Occidental Petroleum's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(30,250-8,287)/879
=24.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Occidental Petroleum  (NYSE:OXY) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Occidental Petroleum Book Value per Share Related Terms

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Occidental Petroleum (Occidental Petroleum) Business Description

Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Executives
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Sylvia J Kerrigan officer: SVP & Chief Legal Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Claire Oneill director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Bob Shearer director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jack B Moore director 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew Gould director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Neil R Ackerman officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Sunil Mathew officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jeff F Simmons officer: Senior Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher O Champion officer: VP, CAO and Controller 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Vicki A. Hollub officer: Vice President 5 GREENWAY PLAZA, HOUSTON TX 77046
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131

Occidental Petroleum (Occidental Petroleum) Headlines