Occidental Petroleum Corp
OXYCompany Overview
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Occidental Petroleum Corp |
| Ticker | OXY |
| Main Business | Oil & Gas E&P |
| Type | Common Stock |
| Industry | Oil & Gas E&P |
| Country | US |
| Market Cap | $56.03 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Oil and gas | $27,170.0 | $0.0 | - |
| Chemical | $6,760.0 | $0.0 | - |
| Midstream and marketing | $4,140.0 | $0.0 | - |
| Corporate and eliminations | $-1,420.0 | $0.0 | - |
| Interest income | $153.0 | $153.0 | - |
| Total | $36,803.0 | $153.0 | 0.41% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,650,000,000.0 | 2.94% |
| long term debt and capital lease obligation | $19,260,000,000.0 | 34.38% |
| Total Interest-Bearing Debt | $20,910,000,000.0 | 37.32% |
| Market Capitalization | $56,028,281,400.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |