Occidental Petroleum
OXY
$66.78
Share price
1.12%
Change (1 day)
6.00%
Change (1 year)
Occidental Petroleum Corporation is an international US company engaged in the exploration and production of oil and gas.
Operating Margin for Occidental Petroleum (OXY)
Operating Margin as of April 2024 (TTM): 38.53%
According to Occidental Petroleum's latest financial reports and stock price the company's current Operating Margin is 38.53%. At the end of 2022 the company had an Operating Margin of 38.54%.
Operating Margin history for Occidental Petroleum from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 38.54% | 169.97% |
| 2021 | 14.27% | -116.19% |
| 2020 | -88.19% | -9768.67% |
| 2019 | 0.91% | -96.92% |
| 2018 | 29.61% | 281.37% |
| 2017 | 7.76% | -142.45% |
| 2016 | -18.29% | -76.44% |
| 2015 | -77.60% | -1324.29% |
| 2014 | 6.34% | -83.95% |
| 2013 | 39.49% | 23.72% |
| 2012 | 31.92% | -26.89% |
| 2011 | 43.66% | 13.66% |
| 2010 | 38.41% | 27.78% |
| 2009 | 30.06% | -35.28% |
| 2008 | 46.45% | 8.37% |
| 2007 | 42.86% | -0.59% |
| 2006 | 43.12% | -1.72% |
| 2005 | 43.87% | 20.03% |
| 2004 | 36.55% | 17.82% |
| 2003 | 31.02% | 43.62% |
| 2002 | 21.60% | 72.71% |
| 2001 | 12.51% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Apache Corporation APA | 51.77% | 34.36% | 🇺🇸 USA |
 ConocoPhillips COP | 30.86% | -19.91% | 🇺🇸 USA |
 EOG Resources EOG | 33.57% | -12.87% | 🇺🇸 USA |
 Marathon Oil
MRO | 39.59% | 2.75% | 🇺🇸 USA |
 Williams Companies
WMB | 23.18% | -39.84% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | -48.17% | 🇺🇸 USA |
 Chevron CVX | 19.83% | -48.53% | 🇺🇸 USA |
 Devon Energy
DVN | 40.56% | 5.27% | 🇺🇸 USA |
 Hess HES | 32.50% | -15.65% | 🇺🇸 USA |
 Southwestern Energy
SWN | 12.66% | -67.14% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.