Robert Shearer - Occidental Petroleum Independent Director

OXY Stock  USD 51.54  0.63  1.24%   

Director

Mr. Robert M. Shearer is Director of the Company. He has over 35 years of experience in securities and leading investment management firms. Before retiring from BlackRock in 2017, he was cohead of BlackRocks Equity Dividend team and a member of the Fundamental Equity Platform within BlackRocks 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. Previously, he managed the Merrill Lynch World Natural Resources Portfolio for Merrill Lynch Investment Managers, which merged with BlackRock in 2006 since 2019.
Age 65
Tenure 5 years
Address 5 Greenway Plaza, Houston, TX, United States, 77046-0521
Phone713 215 7000
Webhttps://www.oxy.com
Shearer has also held senior leadership roles at David L. Babson & Company, Concert Capital Management and Fiduciary Trust Company International. As a senior research officer for Citicorp Investment Management, he focused on the oil industry, including exploration and production, pipelines and oil field services.

Robert Shearer Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Shearer against Occidental Petroleum stock is an integral part of due diligence when investing in Occidental Petroleum. Robert Shearer insider activity provides valuable insight into whether Occidental Petroleum is net buyers or sellers over its current business cycle. Note, Occidental Petroleum insiders must abide by specific rules, including filing SEC forms every time they buy or sell Occidental Petroleum'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Occidental Petroleum Management Efficiency

The company has Return on Asset of 0.0459 % which means that on every $100 spent on assets, it made $0.0459 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1312 %, implying that it generated $0.1312 on every 100 dollars invested. Occidental Petroleum's management efficiency ratios could be used to measure how well Occidental Petroleum manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Occidental Petroleum's Return On Tangible Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.16 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, Occidental Petroleum's Other Current Assets are fairly stable compared to the past year. Intangible Assets is likely to rise to about 907.2 M in 2024, whereas Total Assets are likely to drop slightly above 40 B in 2024.
Occidental Petroleum has 20.91 B in debt with debt to equity (D/E) ratio of 0.75, which is OK given its current industry classification. Occidental Petroleum has a current ratio of 1.08, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Occidental to invest in growth at high rates of return.

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Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas. Occidental Petroleum operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 11678 people. Occidental Petroleum (OXY) is traded on New York Stock Exchange in USA. It is located in 5 Greenway Plaza, Houston, TX, United States, 77046-0521 and employs 12,570 people. Occidental Petroleum is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Occidental Petroleum Leadership Team

Elected by the shareholders, the Occidental Petroleum's board of directors comprises two types of representatives: Occidental Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Occidental. The board's role is to monitor Occidental Petroleum's management team and ensure that shareholders' interests are well served. Occidental Petroleum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Occidental Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Klesse, Independent Director
Jeff Alvarez, IR Contact Officer
Nicole Clark, Deputy VP
Stephen Chazen, Non-Executive Independent Chairman of the Board
Avedick Poladian, Independent Director
Carlos Gutierrez, Independent Director
Melissa Schoeb, VP Affairs
Vicki Hollub, President, Chief Executive Officer, Director
Christopher Champion, Chief Accounting Officer, Vice President Controller
Andrew Gould, Independent Director
Richard Bennett, Senior Vice President
Jordan Tanner, Vice Relations
Oscar Brown, Senior Vice President - Strategy, Business Development and Supply Chain
Andrew Langham, Independent Director
Peter Bennett, Vice President
Neil Backhouse, Vice Relations
Glenn Vangolen, Senior Vice President - Business Support
Margarita Hernandez, Independent Director
Jeff Simmons, Senior CPTO
Sylvia Kerrigan, Senior Officer
Vicky Bailey, Independent Director
Kenneth Dillon, Senior Vice President
Richard Jackson, Senior Vice President
Robert Palmer, Senior Vice President
Ioannis Charalambous, Chief VP
Nicholas Graziano, Independent Director
Darin Moss, Vice Resources
Robert Peterson, Chief Financial Officer, Senior Vice President
Marcia Backus, Senior Vice President, Chief Compliance Officer, General Counsel
Margarita PalauHernandez, Independent Director
Gary Hu, Independent Director
Jack Moore, Independent Vice Chairman of the Board
Robert Shearer, Independent Director
Sunil Mathew, Senior CFO
Edward Lowe, Executive Vice President, Group Chairman - Middle East, President - Oxy Oil and Gas International

Occidental Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Occidental Petroleum a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Occidental Stock Analysis

When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.