Stock Analysis on Net
Stock Analysis on Net

Occidental Petroleum Corp. (NYSE:OXY)

Debt to Equity
since 2005

Microsoft Excel

Calculation

Occidental Petroleum Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Long-term debt, including current maturities1 ÷ Stockholders’ equity1
Dec 31, 2023 0.65 = 19,738 ÷ 30,250
Dec 31, 2022 0.66 = 19,835 ÷ 30,085
Dec 31, 2021 1.46 = 29,617 ÷ 20,327
Dec 31, 2020 1.95 = 36,185 ÷ 18,573
Dec 31, 2019 1.13 = 38,588 ÷ 34,232
Dec 31, 2018 0.48 = 10,317 ÷ 21,330
Dec 31, 2017 0.48 = 9,828 ÷ 20,572
Dec 31, 2016 0.46 = 9,819 ÷ 21,497
Dec 31, 2015 0.34 = 8,333 ÷ 24,350
Dec 31, 2014 0.20 = 6,838 ÷ 34,959
Dec 31, 2013 0.16 = 6,939 ÷ 43,126
Dec 31, 2012 0.19 = 7,623 ÷ 40,016
Dec 31, 2011 0.16 = 5,871 ÷ 37,620
Dec 31, 2010 0.16 = 5,111 ÷ 32,484
Dec 31, 2009 0.10 = 2,796 ÷ 29,081
Dec 31, 2008 0.10 = 2,747 ÷ 27,300
Dec 31, 2007 0.08 = 1,788 ÷ 22,823
Dec 31, 2006 0.15 = 2,790 ÷ 19,184
Dec 31, 2005 0.19 = 2,919 ÷ 15,032

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Occidental Petroleum Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Occidental Petroleum Corp. Chevron Corp. ConocoPhillips Exxon Mobil Corp. Marathon Petroleum Corp. Valero Energy Corp.
Dec 31, 2023 0.65 0.13 0.38 0.20 1.12 0.44
Dec 31, 2022 0.66 0.15 0.35 0.21 0.96 0.49
Dec 31, 2021 1.46 0.23 0.44 0.28 0.97 0.75
Dec 31, 2020 1.95 0.34 0.51 0.43 1.42 0.78
Dec 31, 2019 1.13 0.19 0.43 0.24 0.86 0.44
Dec 31, 2018 0.48 0.22 0.47 0.20 0.78 0.42
Dec 31, 2017 0.48 0.26 0.64 0.23 0.92 0.40
Dec 31, 2016 0.46 0.32 0.78 0.26 0.78 0.40
Dec 31, 2015 0.34 0.25 0.63 0.23 0.90 0.36
Dec 31, 2014 0.20 0.18 0.43 0.17 0.62 0.31
Dec 31, 2013 0.16 0.14 0.42 0.13 0.31 0.34
Dec 31, 2012 0.19 0.09 0.45 0.07 0.29 0.39
Dec 31, 2011 0.16 0.08 0.35 0.11 0.35 0.47
Dec 31, 2010 0.16 0.11 0.34 0.10 — 0.55
Dec 31, 2009 0.10 0.11 0.46 0.09 — 0.50
Dec 31, 2008 0.10 0.10 0.50 0.08 — 0.42
Dec 31, 2007 0.08 0.09 0.24 0.08 — 0.37
Dec 31, 2006 0.15 0.14 0.33 0.07 — 0.28
Dec 31, 2005 0.19 0.21 0.24 0.07 — 0.36

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Occidental Petroleum Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Occidental Petroleum Corp. Oil, Gas & Consumable Fuels
Dec 31, 2023 0.65 0.28
Dec 31, 2022 0.66 0.29
Dec 31, 2021 1.46 0.40
Dec 31, 2020 1.95 0.55
Dec 31, 2019 1.13 0.36
Dec 31, 2018 0.48 0.29
Dec 31, 2017 0.48 0.31
Dec 31, 2016 0.46 0.36
Dec 31, 2015 0.34 0.31
Dec 31, 2014 0.20 0.22
Dec 31, 2013 0.16 0.18
Dec 31, 2012 0.19 0.15
Dec 31, 2011 0.16 0.16
Dec 31, 2010 0.16 0.17
Dec 31, 2009 0.10 0.19
Dec 31, 2008 0.10 0.19
Dec 31, 2007 0.08 0.14
Dec 31, 2006 0.15 0.18
Dec 31, 2005 0.19 0.16

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Occidental Petroleum Corp., debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
Occidental Petroleum Corp. Energy
Dec 31, 2023 0.65 0.29
Dec 31, 2022 0.66 0.30
Dec 31, 2021 1.46 0.42
Dec 31, 2020 1.95 0.58
Dec 31, 2019 1.13 0.37
Dec 31, 2018 0.48 0.30
Dec 31, 2017 0.48 0.33
Dec 31, 2016 0.46 0.37
Dec 31, 2015 0.34 0.33
Dec 31, 2014 0.20 0.23
Dec 31, 2013 0.16 0.19
Dec 31, 2012 0.19 0.17
Dec 31, 2011 0.16 0.18
Dec 31, 2010 0.16 0.18
Dec 31, 2009 0.10 0.20
Dec 31, 2008 0.10 0.19
Dec 31, 2007 0.08 0.15
Dec 31, 2006 0.15 0.19
Dec 31, 2005 0.19 0.17

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).