Board of directors (11)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (9)
Company facts
- Chair
- —
- In S&P 500 since
- Mar 1957
- Incorporated in
- DE
- Fiscal year ends
- December
- SEC industry
- Crude Petroleum & Natural Gas
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Jun 23, 2026 | Richard A. Jackson President and CEO | Buy | 4,770 | $52.38 | $250K |
| Dec 16, 2025 | William R. Klesse Director | Buy | 5,000 | $38.98 | $195K |
| Feb 7, 2025 | Warren E. Buffett | Buy | 763,017 | $46.82 | $35.7M |
| Dec 19, 2024 | Warren E. Buffett | Buy | 3,372,309 | $45.55 | $153.6M |
| Dec 19, 2024 | Warren E. Buffett | Buy | 241,706 | $46.31 | $11.2M |
| Dec 18, 2024 | Warren E. Buffett | Buy | 374,589 | $46.92 | $17.6M |
| Dec 18, 2024 | Warren E. Buffett | Buy | 2,430,924 | $46.16 | $112.2M |
| Dec 17, 2024 | Warren E. Buffett | Buy | 2,477,362 | $46.25 | $114.6M |
| Jun 17, 2024 | Berkshire Hathaway Inc | Buy | 334,461 | $59.75 | $20.0M |
| Jun 14, 2024 | Berkshire Hathaway Inc | Buy | 1,060,653 | $59.59 | $63.2M |
| Jun 13, 2024 | Berkshire Hathaway Inc | Buy | 1,552,497 | $59.77 | $92.8M |
| Jun 12, 2024 | Warren E. Buffett | Buy | 765,899 | $60.28 | $46.2M |
| Jun 11, 2024 | Warren E. Buffett | Buy | 399,859 | $60.43 | $24.2M |
| Jun 10, 2024 | Warren E. Buffett | Buy | 584,550 | $60.26 | $35.2M |
| Jun 7, 2024 | Berkshire Hathaway Inc | Buy | 1,386,844 | $59.67 | $82.8M |
| Jun 6, 2024 | Berkshire Hathaway Inc | Buy | 654,293 | $59.93 | $39.2M |
| Jun 5, 2024 | Berkshire Hathaway Inc | Buy | 524,340 | $59.75 | $31.3M |
| Feb 5, 2024 | Warren E. Buffett | Buy | 164,838 | $57.20 | $9.4M |
| Feb 5, 2024 | Warren E. Buffett | Buy | 1,240,989 | $56.75 | $70.4M |
| Feb 2, 2024 | Warren E. Buffett | Buy | 1,246,920 | $57.14 | $71.2M |
| Feb 1, 2024 | Warren E. Buffett | Buy | 164,232 | $57.98 | $9.5M |
| Feb 1, 2024 | Warren E. Buffett | Buy | 1,485,345 | $57.39 | $85.2M |
| Dec 21, 2023 | Berkshire Hathaway Inc | Buy | 1,743,124 | $60.26 | $105.0M |
| Dec 20, 2023 | Berkshire Hathaway Inc | Buy | 1,812,508 | $60.50 | $109.7M |
| Dec 19, 2023 | Berkshire Hathaway Inc | Buy | 747,861 | $59.49 | $44.5M |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- May 4, 2026
On April 30, 2026, Vicki Hollub, President and Chief Executive Officer (“CEO”) of Occidental Petroleum Corporation (“Occidental”), informed the Board of Directors of Occidental (the “Board”) of her decision to retire, effective as of June 1, 2026 (the “Transition Date”). The Executive Compensation Committee of the Board determined that Ms. Hollub’s retirement as President and CEO will be treated as an eligible retirement under Occidental’s Retirement Policy (the “Retirement Policy”), and as provided in the Retirement Policy, Ms. Hollub and Occidental will enter into a separation and release agreement pursuant to which Ms. Hollub will receive the retirement benefits set forth in the Retirement Policy. Following her retirement as President and CEO, Ms.
Read the 8-K filing - Oct 3, 2025
On October 1, 2025, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental” or the “Company”) promoted Richard A. Jackson, 49, to Chief Operating Officer, effective immediately. He will continue serving as Senior Vice President, a position to which he was appointed in October 2020. Mr. Jackson has over 25 years of experience in the oil and gas industry, holding a variety of technical and leadership roles. Mr. Jackson has been an employee of Occidental since 2003, and most recently served as President of Operations for U.S. Onshore Resources and Carbon Management since October 2020. Prior to that, Mr.
Read the 8-K filing - Aug 9, 2023
On August 9, 2023, Robert Peterson, 52, was appointed Executive Vice President, Essential Chemistry, of Occidental Chemical Corporation (“OxyChem”). In this role, Mr. Peterson will have executive oversight for OxyChem, as well as operational readiness for Occidental Petroleum Corporation’s first Direct Air Capture (“DAC”) facility, Stratos, and subsequent DAC plants. Mr. Peterson’s organization will also provide early support and capability for the operation and maintenance of other Occidental Low Carbon Ventures projects that link with OxyChem’s core competencies. Mr. Peterson’s depth of engineering, operational and financial leadership make him uniquely prepared to provide vision, capability and success in this new leadership role. Mr. Peterson remains Senior Vice President of Occidental Petroleum Corporation (the “Company”). Prior to transitioning to his new role, Mr.
Read the 8-K filing - Feb 22, 2023
Director Election On February 16, 2023, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) increased the size of the Board from nine to ten directors in order to elect Ken Robinson to the Board, effective immediately. Mr. Robinson, age 68, served as the Senior Vice President of Audit and Controls at Exelon Corporation from 2016 to 2020. Before Exelon, Mr. Robinson held several senior leadership positions during his nearly 40-year career at The Procter & Gamble Company, including Vice President, Global Diversity & Inclusion; Global Risk and Compliance Leader; Chief Audit Executive; and Vice President, Finance. Mr. Robinson currently serves on the boards of directors of Abercrombie & Fitch Co., Paylocity Holding Corporation and Morgan Stanley U.S. Banks. He also serves as a Trustee of the International Financial Reporting Standards Foundation. Mr.
Read the 8-K filing - Jan 20, 2023
On January 17, 2023, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) increased the size of the Board from eight to nine directors in order to elect Claire O’Neill, the former Managing Director for Climate and Energy of the World Business Council for Sustainable Development (WBCSD) and a former member of UK Parliament, to the Board effective as of January 17, 2023. The Board appointed Ms. O’Neill to serve as a member of the Corporate Governance and Nominating Committee and the Sustainability and Shareholder Engagement Committee. Ms. O’Neill, age 58, served as the Managing Director for Climate and Energy at the WBCSD from August 2020 until December 2021. Prior to that, Ms. O’Neill served as COP26 President-Designate from July 2019 until February 2020. Before leading the UK’s successful bid to host COP 26, Ms.
Read the 8-K filing - Sep 30, 2022
On September 29, 2022, Marcia E. Backus announced that she will step down from her role as Senior Vice President, General Counsel and Chief Compliance Officer of Occidental Petroleum Corporation (“Occidental” or the “Company”) effective as of December 31, 2022. Thereafter, Ms. Backus will continue to serve as Occidental’s Executive Adviser – Legal and will retire from employment with the Company effective as of March 1, 2023. Following her retirement, Ms. Backus has agreed to provide Occidental with transition services on a consulting basis through June 30, 2024. In connection with her separation, Ms. Backus and the Company have entered into a Transition Services and Separation Agreement pursuant to which Ms.
Read the 8-K filing - Mar 23, 2022
On March 17, 2022, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) increased the size of the Board from nine to ten directors in order to elect Vicky A. Bailey, the President of Anderson Stratton International, LLC (“ASI”) and a former equity partner of BHMM Energy Services, LLC, to the Board effective as of March 22, 2022. Before serving as the President of ASI, Ms. Bailey was a partner with Bennett Johnston & Associates, LLC, a public relations firm in Washington, D.C. (“BJA”), from March 2004 through October 2006. Prior to joining BJA, Ms. Bailey served as Assistant Secretary for the Offices of Policy and International Affairs of the U.S. Department of Energy from 2001 through February 2004. From February 2000 until May 2001, she was President and a director of PSI Energy, Inc.
Read the 8-K filing - Mar 7, 2022
On March 4, 2022, Andrew Langham and Gary Hu each notified Occidental Petroleum Corporation (the “ Company ”) that he was resigning from the Board of Directors of the Company (the “ Board ”) and all committees of the Board on which he sits, effective immediately. As previously disclosed, Mr. Langham and Mr. Hu were directors designated by Carl C. Icahn and certain other parties pursuant to that certain Director Appointment and Nomination Agreement (the “ Icahn Agreement ”), dated as of March 25, 2020, entered into by and among Carl C. Icahn, Andrew Langham, Nicholas Graziano, High River Limited Partnership, Hopper Investments LLC, Barberry Corp., Icahn Partners LP, Icahn Partners Master Fund LP, Icahn Enterprises G.P. Inc., Icahn Enterprises Holdings L.P., IPH GP LLC, Icahn Capital LP, Icahn Onshore LP, Icahn Offshore LP and Beckton Corp. (the “ Icahn Group ”) and the Company.
Read the 8-K filing - Feb 11, 2021
As previously disclosed, on March 24, 2020, in connection with efforts to reduce operating and corporate costs, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (the “Company”) approved temporary salary reductions for the Company’s executive officers, effective April 1, 2020, which were partially restored, effective August 1, 2020, following approval of the Executive Compensation Committee of the Board (the “Compensation Committee”) on July 30, 2020. On February 10, 2021, the Compensation Committee approved a further partial restoration of the Chief Executive Officer’s prior base salary of $1,350,000 to $1,000,000, effective January 1, 2021.
Read the 8-K filing - Feb 10, 2021
On February 9, 2021, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) elected Gary Hu to the Board and appointed Mr. Hu to serve as a member of the Advisory Committee and the Audit Committee, each effective immediately. Mr. Hu is a director designated by Carl C. Icahn and certain affiliated persons (the “Icahn Group”) in accordance with that certain Director Appointment and Nomination Agreement dated as of March 25, 2020, by and among Occidental, the Icahn Group and, for certain limited purposes, Margarita Paláu-Hernández. Mr. Hu replaces Nicholas Graziano, who had been an Icahn Group designee and resigned from the Board, effective February 9, 2021. Mr. Hu has served as a Portfolio Manager of Icahn Capital L.P. (“Icahn Capital”) since October 2020.
Read the 8-K filing - Jul 31, 2020
As previously disclosed, on March 24, 2020, in connection with efforts to reduce operating and corporate costs, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (the “Company”) approved temporary salary reductions for the Company’s executive officers, effective April 1, 2020. Pursuant to the salary reductions, the base salary of each executive officer was capped at $250,000. On July 30, 2020, the Executive Compensation Committee of the Board approved the partial restoration of the base salaries of such executive officers to a cap of $500,000, and the full restoration of the base salary of the Company’s Senior Vice President, General Counsel and Chief Compliance Officer, effective as of August 1, 2020.
Read the 8-K filing - Jun 3, 2020
Change in Control Severance Plan On May 29, 2020, Occidental Petroleum Corporations (the “Company”) adopted the Occidental Petroleum Corporation Executive Change in Control Severance Plan (the “CIC Severance Plan”), which provides enhanced severance benefits to the Company’s executive officers upon qualifying terminations of employment within two years following a Change in Control (as defined in the CIC Severance Plan). The CIC Severance Plan will complement the Company’s existing Executive Severance Plan, which provides severance benefits upon qualifying terminations before a Change in Control and after the two-year protection period following the Change in Control, but does not provide for enhanced change-in-control protections. No executive officer is party to an individual employment or other agreement that provides for enhanced change-in-control severance benefits.
Read the 8-K filing - Apr 3, 2020
On April 3, 2020, Robert Peterson, 49, was appointed Senior Vice President and Chief Financial Officer of Occidental Petroleum Corporation (the “ Company ”). Cedric Burgher will transition to another role within the Company. Mr. Peterson has served as Senior Vice President, Permian EOR, Occidental Oil and Gas, since September 2019. Prior to that, Mr. Peterson was Vice President, Permian Strategy, Occidental Oil and Gas, from November 2018 to September 2019, where he was responsible for developing and implementing a joint portfolio, technology and people strategy for the Company’s Permian business and ensuring alignment with Occidental’s Low Carbon Ventures strategy, and was President of OxyChem, the Company’s chemical subsidiary, from August 2014 to September 2017, where he was instrumental in completing its major capital investments and improving the profitability of the business. Mr.
Read the 8-K filing - Apr 2, 2020
On March 29, 2020, Occidental Petroleum Corporation (the “Company”) adopted the Occidental Petroleum Corporation Executive Severance Plan (the “Severance Plan”), which is applicable to the Company’s executive officers. The Company previously did not maintain any severance arrangements for its executive officers. The purpose of adopting the plan is to allow the Company’s executives to continue to exercise their judgment and perform their responsibilities without the potential for distraction that can arise from concerns regarding their personal circumstances.
Read the 8-K filing - Mar 25, 2020
by reference. On March 24, 2020, as part of the Company’s efforts to reduce operating and corporate costs, the Board approved salary reductions for the Company’s executive officers. Effective April 1, 2020, each of the executive officers will be subject to a base salary cap of $250,000. 3
Read the 8-K filing
Show 9 older changes
- Mar 24, 2020
On March 18, 2020, the Board of Directors (the “Board”) of Occidental increased the size of the Board from 11 to 12 directors in order to elect Stephen I. Chazen as Chairman of the Board, effective March 18, 2020. Mr. Chazen is the President, Chief Executive Officer and Chairman of Magnolia Oil & Gas Corporation, a publicly-traded exploration and production company. Prior to that, Mr. Chazen was President and Chief Executive Officer of Occidental from May 2011 to April 2016 and served as a member of the Board from May 2010 to May 2017. Mr.
Read the 8-K filing - Jan 7, 2020
On January 2, 2020, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) increased the size of the Board from 10 to 11 directors in order to elect Andrew Gould, a former Chairman and Chief Executive Officer of Schlumberger Limited (“Schlumberger”), to the Board effective March 1, 2020. Mr. Gould has more than 40 years of experience in the oil and gas industry. From 2003 to 2011, he served as Chairman and Chief Executive Officer of Schlumberger, a leading oilfield services company. Mr. Gould began his career at Schlumberger in 1975 in its Internal Audit department, based in Paris. In addition to his career at Schlumberger, Mr. Gould served as non-Executive Chairman of BG Group, a multinational oil and gas company, from 2012 until its sale to Royal Dutch Shell in 2016. He served as interim Executive Chairman in 2014.
Read the 8-K filing - Aug 8, 2019
On August 8, 2019, at the Effective Time, Jennifer M. Kirk, then-current Vice President, Controller and Principal Accounting Officer, was appointed Senior Vice President, Integration. In connection therewith, at the Effective Time, Christopher O. Champion, 49, was appointed Vice President, Chief Accounting Officer and Controller of Occidental. Prior to joining Occidental, Mr. Champion served as the Senior Vice President, Chief Accounting Officer and Controller of Anadarko, and was responsible for overseeing Anadarko’s accounting functions. Mr. Champion has more than 27 years of experience in the accounting profession, having joined Anadarko in 2015 from KPMG LLP, where he served as the company’s national audit leader for oil and natural gas. Prior to joining KPMG LLP, Mr. Champion worked at Arthur Andersen LLP. Mr.
Read the 8-K filing - Jul 15, 2019
On July 10, 2019, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) increased the size of the Board from nine to 10 directors in order to elect Robert “Bob” M. Shearer, a former managing director of BlackRock Advisors, LLC, to the Board. The Board appointed Mr. Shearer to serve as a member of the Audit Committee and Environmental, Health and Safety Committee. Mr. Shearer, 64, has over 35 years of experience in securities and leading investment management firms. Before retiring from BlackRock in 2017, he was co-head of BlackRock’s Equity Dividend team and a member of the Fundamental Equity Platform within BlackRock’s Portfolio Management Group. Mr. Shearer was also the portfolio manager for both the BlackRock Equity Dividend Fund and Natural Resources Trust, which grew from $500 million to over $50 billion under his leadership.
Read the 8-K filing - May 10, 2018
As described under Item 5.07 below, Occidental Petroleum Corporation (the “Company”) held its 2018 Annual Meeting of Stockholders (the “Annual Meeting”) on May 4, 2018. At the Annual Meeting, the Company’s stockholders approved the Second Amendment (“Second Amendment”) to the Occidental Petroleum Corporation 2015 Long-Term Incentive Plan (the “LTIP”) to increase the number of shares available for grant thereunder by an additional 45 million shares. A summary of the LTIP, as amended, is set forth in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 22, 2018 (the “Proxy Statement”).
Read the 8-K filing - Jun 30, 2017
Occidental Petroleum Corporation (the “Company”) and Christopher G. Stavros, the Company’s former Senior Vice President and Chief Financial Officer, entered into a Separation Agreement, effective June 27, 2017 (the “Separation Agreement”). Under the terms of the Separation Agreement, Mr. Stavros will receive separation pay comprised of: (i) twenty-six biweekly payments of $26,923; (ii) a lump sum payment of $700,000, payable as of June 30, 2018; and (iii) $8,000 in lieu of tax planning assistance for the 2017 tax year. Mr. Stavros will be eligible to participate in the Company’s medical and dental plans at active participant rates through June 30, 2018. In addition, Mr.
Read the 8-K filing - May 31, 2017
Effective May 30, 2017, Mr. Christopher G. Stavros announced his retirement as Senior Vice President and Chief Financial Officer of Occidental Petroleum Corporation (“Occidental”). Effective May 31, 2017, Mr. Cedric W. Burgher, 56, was appointed Senior Vice President and Chief Financial Officer of Occidental. Mr. Burgher has extensive business and industry experience and over the past 32 years has held increasingly responsible financial positions. Most recently, beginning December 2014, Mr. Burgher has served as Senior Vice President, Investor and Public Relations of EOG Resources, Inc. Prior to EOG, Mr. Burgher served as Chief Financial Officer of QR Energy L.P. from August 2010 through November 2014. Prior to serving in these roles, Mr.
Read the 8-K filing - Jul 19, 2016
On July 14, 2016, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (“Occidental”) increased the size of the Board from 11 to 12 directors in order to elect Jack B. Moore, former Chairman of the Board of Cameron International Corporation (“Cameron”), to the Board. Mr. Moore, 62, served as Chairman of the Board of Cameron from 2011 until it was acquired by Schlumberger in April 2016. He joined Cameron in 1999 and served as Chief Executive Officer from 2008 to 2015 and as President from 2008 to 2014. Prior to joining Cameron, he held various management positions at Baker Hughes Incorporated, where he was employed for 23 years. There are no arrangements or understandings between Mr. Moore and any other persons pursuant to which he was selected as a director. Pursuant to the Company’s compensation program for non-executive directors, Mr.
Read the 8-K filing - Feb 18, 2016
On February 17, 2016, Occidental Petroleum Corporation (the “Company”) agreed to pay out Mr. Chazen’s accrued but unused vacation in connection with the previously announced transition of the CEO role from Mr. Chazen to Ms. Hollub, which will take effect at the Company’s 2016 annual shareholder meeting. The cash payment will be based on his base salary as in effect immediately prior to the 2016 annual meeting and will be paid to Mr. Chazen as soon as administratively practicable following the date of the 2016 annual meeting.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $21.6B | $2.4B | 11.0% | $1.61 | $84.2B |
| FY2024 | $22.0B | $3.1B | 14.0% | $2.44 | $85.4B |
| FY2023 | $23.2B | $4.7B | 20.3% | $3.90 | $74.0B |
| FY2022 | $36.6B | $13.3B | 36.3% | $12.40 | $72.6B |
| FY2021 | $26.0B | $2.3B | 8.9% | $1.58 | $75.0B |
| FY2020 | $17.8B | -$14.8B | -83.3% | $-17.06 | $80.1B |
| FY2019 | $20.9B | -$985.0M | -4.7% | $-1.22 | $107.2B |
| FY2018 | $17.8B | $4.1B | 23.2% | $5.39 | $42.2B |
Former directors and officers (26)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.