Occidental Petroleum Corp
NYSE:OXY
Operating Margin
Occidental Petroleum Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Occidental Petroleum Corp
NYSE:OXY
|
42.9B USD |
22%
|
|
| SA |
|
Saudi Arabian Oil Co
SAU:2222
|
6.7T SAR |
43%
|
|
| US |
|
Exxon Mobil Corp
NYSE:XOM
|
492.3B USD |
13%
|
|
| US |
|
Chevron Corp
NYSE:CVX
|
258.7B USD |
11%
|
|
| CN |
|
PetroChina Co Ltd
SSE:601857
|
1.7T CNY |
9%
|
|
| UK |
|
Shell PLC
LSE:SHEL
|
161.2B GBP |
12%
|
|
| NL |
R
|
Royal Dutch Shell PLC
OTC:RYDAF
|
217.7B USD |
12%
|
|
| FR |
|
TotalEnergies SE
PAR:TTE
|
121.4B EUR |
12%
|
|
| CN |
|
China Petroleum & Chemical Corp
SSE:600028
|
697.4B CNY |
2%
|
|
| UK |
|
BP PLC
LSE:BP
|
60.4B GBP |
6%
|
|
| BR |
|
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
|
424.4B BRL |
30%
|
Occidental Petroleum Corp
Glance View
Occidental Petroleum Corporation, often referred to as Oxy, is a crucial player in the global energy sector, with its roots tracing back to 1920. This company, headquartered in Houston, Texas, operates primarily in the exploration and production of oil and natural gas. Oxy has carved a niche for itself through strategic ventures, focusing heavily on upstream operations, which include locating and extracting crude oil and natural gas from underground reserves. The company’s significant assets in the thriving oil fields of the Permian Basin and operations across the Middle East and North Africa exemplify its expansive reach and formidable presence in energy production. This strategic positioning is integral to its operations as these regions are rich in resources, allowing the company to maximize its output efficiently. Beyond merely extracting fossil fuels, Occidental is also engaged in a comprehensive value chain in the chemical sector through its subsidiary, OxyChem. This division transforms hydrocarbons, one of Occidental's extracted resources, into vital chemicals used in everyday products, from plastics to pharmaceuticals. By vertically integrating its operations and steering investments into low-carbon technologies, Occidental seeks to mitigate its environmental impact, with initiatives in carbon capture and storage aligning with broader industry shifts toward sustainability. Through its diversified operations, Occidental not only impacts global energy supplies but also innovates within industries closely tied to our modern way of life, making it a pivotal entity in both energy and industrial markets.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Occidental Petroleum Corp's most recent financial statements, the company has Operating Margin of 22.1%.
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