Occidental Petroleum Corporation
https://www.sec.gov/ix?doc=/Archives/edgar/data/797468/000079746822000008/oxy-20211231.htm
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 2020, the company reported net proved reserves of 2.9 billion barrels of oil equivalent. Net production averaged 1,306 thousand barrels of oil equivalent per day in 2020 at a ratio of 74% oil and natural gas liquids and 26% natural gas.
As of Monday, March 7th, Carl Icahn has exited the last of his holdings in the oil major just as Warren Buffett boosted his stake in the group to more than $6.5 B. Berkshire Hathaway filed with the SEC on Friday March 4th to indicate that they added more than 61 million shares in Occidental last week for around $3.1 billion at an average price of around $50.87 each. The move takes Buffett's overall total to 113.7 million shares, a figure that represents an 11.2% stake in the Houston-based energy group.
Revenue: $25.9 B (45.75% YoY Growth)
Gross Margin: $7.8 B (30.24% margin)
Operating Margin: $4.7 B (17.97% margin)
EBITDA: $14.4 B (52.68% margin)
Net Income: $2.5 B (9.47% margin)
Enterprise Value: $89.8 B
Market Capitalization: $52.4 B
Total Debt: $30.4 B
Cash: $2.7 B
TEV/LTM Revenue: 3.46x
TEV/LTM EBITDA: 6.24x
Price/LTM Earnings: 21.95x
Operating statistics LTM as of 12/31/2021. Market data as of 3/9/2022. 10-K filed as of 2/24/2022.
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