Occidental Petroleum management check
OXY · Energy · Oil & Gas Exploration & Production · CEO Richard A. Jackson (since the last proxy; previously Vicki Hollub)
Filings as of
1 good · 4 to watch · 1 flagged, across the seven questions below.
- Watch
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $252, against $268 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.34 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- n/a
What does the CEO cost owners?
Not enough dataNo pay or net income figure for the latest year.
- Good
Do they own the stock?
New CEO since the proxyRichard A. Jackson filed as President and CEO after the last proxy (which named Vicki Hollub) and holds 439,974 shares, about $24.3m. Their pay will be in the next proxy. 1 insider bought $250k on the open market in the last six months, with their own money, near the lows.
- Flag
Are owners being diluted?
Share count growingDiluted shares changed +2.0% a year over the last three fiscal years. Stock-based pay was 1.1% of revenue in the latest year.
- Watch
Is leadership stable?
New CEO: Richard A. JacksonRichard A. Jackson has filed as CEO since the last proxy. CEO in the pay table: Vicki Hollub. 2 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Watch
Are the books clean?
An annual report was amendedNo restatements, auditor changes or late filings since 2021. 1 amended annual report.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Energy.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 43 | 64 | |
| Pay for performance | 67 | 65 | |
| CEO cost | — | — | 66 |
| Skin in the game | — | — | 49 |
| Dilution | 25 | 58 | |
| Stable leadership | 70 | 73 | |
| Clean books | 70 | 100 |
Closest peers
Others in Oil & Gas Exploration & Production, by management score. Occidental Petroleum is 18th of 20 in its sector.
Pay versus performance
From the proxy statement filed March 19, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Vicki Hollub | $18.1m | $11.3m | $6.1m | $252 | $268 | — |
| 2024 | — | $18.5m | $4.3m | $5.8m | $296 | $234 | — |
| 2023 | — | $17.7m | $15.0m | $5.7m | $353 | $235 | — |
| 2022 | — | $15.0m | $59.2m | $6.0m | $367 | $236 | — |
| 2021 | — | $11.1m | $25.2m | $4.9m | $168 | $147 | — |
The board says pay is tied most to CROCE. Its other key measures: Cash Return on Capital Employed (CROCE), Relative Total Shareholder Return (TSR), Total Spend per Barrel, Free Cash Flow before Working Capital.
Insiders and the CEO's stake
Richard A. Jackson (President and CEO) held 439,974 shares directly after their latest Form 4 on Sep 30, 2026, roughly $24.3m at that filing's price.
1 insider bought $250k on the open market in the last six months, with their own money, near the lows.
- BoughtRichard A. JacksonPresident and CEO$250kJun 23, 2026
Leadership and governance on file
- May 4, 2026Leadership change8-K 5.02
- Oct 3, 2025Leadership change8-K 5.02
- Aug 9, 2023Leadership change8-K 5.02
- May 9, 2023Annual report amended10-K/A
- Feb 22, 2023Leadership change8-K 5.02
- Jan 20, 2023Leadership change8-K 5.02
- Sep 30, 2022Leadership change8-K 5.02
- Mar 23, 2022Leadership change8-K 5.02
- Mar 7, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 4, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $7.0bn returned to owners in buybacks and dividends, 34% of net income, and $1.2bn of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $26.0bn | $36.2bn | $23.2bn | $22.7bn | $21.6bn |
| Net income | $2.3bn | $13.3bn | $4.7bn | — | — |
| Stock-based pay | $287.0m | $258.0m | $203.0m | $213.0m | $234.0m |
| Buybacks | $8.0m | $3.1bn | $1.8bn | $27.0m | $0 |
| Dividends | $839.0m | $1.2bn | — | — | — |
| Diluted shares | 959m | 1002m | 961m | 967m | 1000m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.