Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
60.18
+1.08 (1.83%)
At close: Aug 31, 2026, 4:00 PM EDT
60.20
+0.02 (0.03%)
After-hours: Aug 31, 2026, 7:59 PM EDT
Occidental Petroleum Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 8,065 | 5,230 | 5,112 | 6,624 | 5,258 | 5,704 | 2,054 | 7,173 | 6,817 | 5,975 | 7,172 | 7,158 | 6,702 | 7,225 | 8,219 | 9,390 | 10,676 | 8,349 | 7,913 | 6,792 | |
Revenue Growth (YoY) | 53.39% | -8.31% | 148.88% | -7.65% | -22.87% | -4.54% | -71.36% | 0.21% | 1.72% | -17.30% | -12.74% | -23.77% | -37.22% | -13.46% | 3.87% | 38.25% | 79.19% | 57.74% | 90.22% | 65.34% |
Cost of Revenue | 1,580 | 1,539 | 1,615 | 2,402 | 1,583 | 1,669 | -562 | 2,503 | 2,494 | 2,342 | 3,035 | 2,754 | 2,786 | 2,708 | 2,934 | 3,054 | 3,235 | 2,840 | 2,655 | 2,508 |
Gross Profit | 6,485 | 3,691 | 3,497 | 4,222 | 3,675 | 4,035 | 2,616 | 4,670 | 4,323 | 3,633 | 4,137 | 4,404 | 3,916 | 4,517 | 5,285 | 6,336 | 7,441 | 5,509 | 5,258 | 4,284 |
Selling, General & Admin | 262 | 245 | 250 | 277 | 257 | 241 | 174 | 268 | 259 | 259 | 307 | 258 | 277 | 241 | 258 | 247 | 244 | 196 | 280 | 240 |
Other Operating Expenses | 674 | 615 | 716 | 644 | 714 | 590 | 514 | 590 | 609 | 595 | 637 | 618 | 536 | 640 | 722 | 746 | 717 | 634 | 565 | 545 |
Operating Expenses | 2,820 | 2,764 | 2,970 | 3,048 | 2,877 | 2,690 | 2,648 | 2,841 | 2,726 | 2,613 | 2,779 | 2,713 | 2,804 | 2,704 | 2,917 | 2,776 | 2,715 | 2,498 | 3,049 | 2,749 |
Operating Income | 3,665 | 927 | 527 | 1,174 | 798 | 1,345 | -32 | 1,829 | 1,597 | 1,020 | 1,358 | 1,691 | 1,112 | 1,813 | 2,368 | 3,560 | 4,726 | 3,011 | 2,209 | 1,535 |
Interest Expense | -108 | -432 | -232 | -270 | -271 | -310 | -321 | -312 | -252 | -284 | -247 | -230 | -230 | -238 | -275 | -215 | 13 | -236 | -413 | -475 |
Interest & Investment Income | 82 | 81 | 58 | 59 | 48 | 53 | 62 | 60 | 34 | 36 | 32 | 50 | 28 | 29 | 31 | 37 | 36 | 49 | 24 | 18 |
Earnings From Equity Investments | 134 | 136 | -179 | 170 | -4 | 114 | 50 | 166 | 242 | 301 | 143 | 106 | 185 | 100 | 207 | 196 | 201 | 189 | 168 | 163 |
Other Non Operating Income (Expenses) | - | - | - | - | - | - | -22 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBT Excluding Unusual Items | 3,773 | 712 | 174 | 1,133 | 571 | 1,202 | -263 | 1,743 | 1,621 | 1,073 | 1,286 | 1,617 | 1,095 | 1,704 | 2,331 | 3,578 | 4,976 | 3,013 | 1,988 | 1,241 |
Merger & Restructuring Charges | - | - | - | -1 | -6 | -6 | -9 | -49 | -14 | -12 | -26 | - | - | - | -7 | -4 | -13 | -65 | -31 | -29 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | -29 | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | 180 | -202 | 253 | 34 | -5 | -19 | 36 | -79 | 28 | -1 | 325 | 192 | 1 | 4 | 76 | 74 | 23 | 135 | 73 | 5 |
Asset Writedown | -38 | -120 | -21 | - | - | - | 21 | -21 | - | - | - | - | - | - | - | - | - | - | - | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | -50 | -26 | - | - | 26 | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | 260 | - | - | - | - | - | - | - |
Pretax Income | 3,915 | 390 | 406 | 1,166 | 560 | 1,177 | -215 | 1,594 | 1,635 | 1,010 | 1,559 | 1,809 | 1,327 | 1,734 | 2,400 | 3,648 | 4,986 | 3,083 | 2,030 | 1,217 |
Income Tax Expense | 915 | 154 | 173 | 324 | 222 | 347 | -65 | 454 | 465 | 304 | 361 | 434 | 467 | 471 | 473 | 902 | 1,231 | -1,793 | 469 | 387 |
Earnings From Continuing Operations | 3,000 | 236 | 233 | 842 | 338 | 830 | -150 | 1,140 | 1,170 | 706 | 1,198 | 1,375 | 860 | 1,263 | 1,927 | 2,746 | 3,755 | 4,876 | 1,561 | 830 |
Earnings From Discontinued Operations | -4 | 3,123 | -119 | - | 130 | 115 | 30 | - | - | 182 | - | - | - | - | - | - | - | - | -24 | -2 |
Net Income to Company | 2,996 | 3,359 | 114 | 842 | 468 | 945 | -120 | 1,140 | 1,170 | 888 | 1,198 | 1,375 | 860 | 1,263 | 1,927 | 2,746 | 3,755 | 4,876 | 1,537 | 828 |
Minority Interest in Earnings | -19 | -14 | 12 | -12 | -10 | -9 | -7 | -7 | -8 | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 2,977 | 3,345 | 126 | 830 | 458 | 936 | -127 | 1,133 | 1,162 | 888 | 1,198 | 1,375 | 860 | 1,263 | 1,927 | 2,746 | 3,755 | 4,876 | 1,537 | 828 |
Preferred Dividends & Other Adjustments | 190 | 187 | 194 | 173 | 197 | 175 | 168 | 174 | 177 | 174 | 175 | 226 | 259 | 286 | 207 | 218 | 228 | 231 | 209 | 205 |
Net Income to Common | 2,787 | 3,158 | -68 | 657 | 261 | 761 | -295 | 959 | 985 | 714 | 1,023 | 1,149 | 601 | 977 | 1,720 | 2,528 | 3,527 | 4,645 | 1,328 | 623 |
Net Income Growth (YoY) | 967.82% | 314.98% | - | -31.49% | -73.50% | 6.58% | - | -16.54% | 63.89% | -26.92% | -40.52% | -54.55% | -82.96% | -78.97% | 29.52% | 305.78% | - | - | - | - |
Shares Outstanding (Basic) | 997 | 990 | 988 | 986 | 985 | 941 | 941 | 928 | 894 | 884 | 881 | 884 | 889 | 901 | 906 | 922 | 939 | 937 | 937 | 935 |
Shares Outstanding (Diluted) | 1,012 | 1,007 | 1,003 | 1,003 | 1,010 | 983 | 941 | 976 | 959 | 949 | 950 | 958 | 959 | 975 | 991 | 1,003 | 1,018 | 997 | 973 | 958 |
Shares Change (YoY) | 0.18% | 2.49% | 6.60% | 2.81% | 5.37% | 3.62% | -0.98% | 1.83% | 0.01% | -2.74% | -4.08% | -4.42% | -5.84% | -2.15% | 1.83% | 4.68% | 8.94% | 5.15% | 4.25% | 3.06% |
EPS (Basic) | 2.80 | 3.19 | -0.07 | 0.67 | 0.26 | 0.81 | -0.31 | 1.03 | 1.10 | 0.81 | 1.16 | 1.30 | 0.68 | 1.08 | 1.90 | 2.74 | 3.76 | 4.96 | 1.42 | 0.67 |
EPS (Diluted) | 2.75 | 3.19 | -0.07 | 0.65 | 0.26 | 0.77 | -0.31 | 0.98 | 1.03 | 0.75 | 1.08 | 1.20 | 0.63 | 1.00 | 1.74 | 2.52 | 3.47 | 4.66 | 1.37 | 0.65 |
EPS Growth (YoY) | 964.87% | 315.77% | - | -33.43% | -74.89% | 2.01% | - | -18.02% | 63.49% | -24.81% | -37.93% | -52.42% | -81.82% | -78.55% | 26.91% | 289.36% | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 2,613 | -298 | 1,057 | 899 | 1,199 | 414 | 2,330 | - | 578 | 82 | 1,331 | 1,650 | 1,284 | 1,409 | 2,455 | 3,120 | 4,357 | 2,381 | 2,155 | 2,462 |
Free Cash Flow Per Share | 2.58 | -0.30 | 1.05 | 0.90 | 1.19 | 0.42 | 2.48 | - | 0.60 | 0.09 | 1.40 | 1.72 | 1.34 | 1.45 | 2.48 | 3.11 | 4.28 | 2.39 | 2.21 | 2.57 |
Dividend Per Share | 0.260 | 0.260 | 0.240 | 0.240 | 0.240 | 0.240 | 0.220 | 0.220 | 0.220 | 0.220 | 0.180 | 0.180 | 0.180 | 0.180 | 0.130 | 0.130 | 0.130 | 0.130 | 0.010 | 0.010 |
Dividend Growth (YoY) | 8.33% | 8.33% | 9.09% | 9.09% | 9.09% | 9.09% | 22.22% | 22.22% | 22.22% | 22.22% | 38.46% | 38.46% | 38.46% | 38.46% | 1200.00% | 1200.00% | 1200.00% | 1200.00% | 0% | 0% |
Gross Margin | 80.41% | 70.57% | 68.41% | 63.74% | 69.89% | 70.74% | 127.36% | 65.11% | 63.41% | 60.80% | 57.68% | 61.53% | 58.43% | 62.52% | 64.30% | 67.48% | 69.70% | 65.98% | 66.45% | 63.07% |
Operating Margin | 45.44% | 17.72% | 10.31% | 17.72% | 15.18% | 23.58% | -1.56% | 25.50% | 23.43% | 17.07% | 18.93% | 23.62% | 16.59% | 25.09% | 28.81% | 37.91% | 44.27% | 36.06% | 27.92% | 22.60% |
Profit Margin | 34.56% | 60.38% | -1.33% | 9.92% | 4.96% | 13.34% | -14.36% | 13.37% | 14.45% | 11.95% | 14.26% | 16.05% | 8.97% | 13.52% | 20.93% | 26.92% | 33.04% | 55.63% | 16.78% | 9.17% |
Free Cash Flow Margin | 32.40% | -5.70% | 20.68% | 13.57% | 22.80% | 7.26% | 113.44% | - | 8.48% | 1.37% | 18.56% | 23.05% | 19.16% | 19.50% | 29.87% | 33.23% | 40.81% | 28.52% | 27.23% | 36.25% |
EBITDA | 5,512 | 2,721 | 2,486 | 3,235 | 2,621 | 3,149 | 1,859 | 3,755 | 3,372 | 2,713 | 3,081 | 3,374 | 3,030 | 3,534 | 4,187 | 5,296 | 6,454 | 4,654 | 4,306 | 3,468 |
EBITDA Margin | 68.34% | 52.03% | 41.98% | 48.84% | 49.85% | 55.21% | 90.51% | 52.35% | 49.46% | 45.41% | 42.96% | 47.14% | 45.21% | 48.91% | 50.94% | 56.40% | 60.45% | 55.74% | 54.42% | 51.06% |
D&A For EBITDA | 1,847 | 1,794 | 1,619 | 2,061 | 1,823 | 1,804 | 1,891 | 1,926 | 1,775 | 1,693 | 1,723 | 1,683 | 1,918 | 1,721 | 1,819 | 1,736 | 1,728 | 1,643 | 2,097 | 1,933 |
EBIT | 3,665 | 927 | 527 | 1,174 | 798 | 1,345 | -32 | 1,829 | 1,597 | 1,020 | 1,358 | 1,691 | 1,112 | 1,813 | 2,368 | 3,560 | 4,726 | 3,011 | 2,209 | 1,535 |
EBIT Margin | 45.44% | 17.72% | 10.31% | 17.72% | 15.18% | 23.58% | -1.56% | 25.50% | 23.43% | 17.07% | 18.93% | 23.62% | 16.59% | 25.09% | 28.81% | 37.91% | 44.27% | 36.06% | 27.92% | 22.60% |
Effective Tax Rate | 23.37% | 39.49% | 42.61% | 27.79% | 39.64% | 29.48% | - | 28.48% | 28.44% | 30.10% | 23.16% | 23.99% | 35.19% | 27.16% | 19.71% | 24.73% | 24.69% | - | 23.10% | 31.80% |
Revenue as Reported | 8,327 | 5,109 | 5,423 | 6,717 | 5,301 | 5,738 | 2,152 | 7,154 | 6,879 | 6,010 | 7,529 | 7,400 | 6,731 | 7,258 | 8,326 | 9,501 | 10,735 | 8,533 | 8,010 | 6,815 |