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Get OXY alertsRobert Peterson is recorded as CFO at Occidental Petroleum Corp (OXY). The newest filing on record that lists Robert Peterson as CFO at Occidental Petroleum Corp (OXY) is dated March 26, 2021. Occidental Petroleum Corp reported in an 8-K filed August 9, 2023 that Robert Peterson was appointed Executive Vice President, Essential Chemistry, of Occidental Chemical Corporation, effective August 9, 2023. The proxy statement of Occidental Petroleum Corp reports total compensation of $5,409,817 for Robert Peterson in fiscal 2022, including a base salary of $701,616. Disclosed compensation is on record for 3 fiscal years. Robert Peterson has spoken on 14 earnings calls across 1 company, most recently for Occidental Petroleum Corp on November 7, 2023. Occidental Petroleum Corp is classified in the Oil & Gas E&P industry within the Energy sector. Other leadership on record at Occidental Petroleum Corp includes Richard A. Jackson (CEO, COO and Board Member), Edward A. Lowe (Chairman), Stephen Chazen (Chairman) and 7 others.
“On August 9, 2023, Robert Peterson, 52, was appointed Executive Vice President, Essential Chemistry, of Occidental Chemical Corporation ("OxyChem").”
“We posted an adjusted profit of $1.18 per diluted share and a reported profit of $1.20 per diluted share. The difference between adjusted and reported earnings was primarily driven by gains on sales of noncore affluent assets, partially offset by derivative losses in the premium paid on preferred equity redemptions.”
“I want to begin the day by highlighting our March credit rating upgrade and positive outlook for Moody's Investor Service. Gaining the Moody's investment-grade rating is a significant milestone that acknowledges Oxy's recent financial transformation.”
“Last year, we repaid over $10.5 billion of debt and retired all remaining interest rate swaps, improving our credit metrics as we seek to regain investment-grade ratings.”
“In the third quarter, our profitability remained strong as we posted an adjusted profit of $2.44 per diluted share and a reported profit of $2.52 per diluted share, even as commodity prices declined from the recent high set in the second quarter.”
“In the second quarter, our profitability remained strong, and we generated a record level of free cash flow.”
SEC 8-K
2023-08-09–present
Start not stated–present
Last confirmed March 26, 2021
Oil & Gas E&P · Energy
CFO
2023-08-09–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2022 | Occidental Petroleum Corp (OXY) | Senior Vice President and Chief Financial Officer | $701,616 | $5,409,817 |
| 2021 | Occidental Petroleum Corp (OXY) | Senior Vice President and Chief Financial Officer | $650,000 | $4,661,118 |
| 2020 | Occidental Petroleum Corp (OXY) | Senior Vice President and Chief Financial Officer | $511,644 | $3,912,704 |
