Occidental Petroleum Quarterly Income Statements Chart
Quarterly
|
Annual
Occidental Petroleum Quarterly Income Statements Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2007-06-30 | 2006-12-31 | 2006-06-30 | 2006-03-31 |
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revenues and other income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales | 6,414,000,000 | 6,803,000,000 | 6,760,000,000 | 7,173,000,000 | 6,817,000,000 | 5,975,000,000 | 7,172,000,000 | 7,158,000,000 | 6,702,000,000 | 7,225,000,000 | 8,219,000,000 | 9,390,000,000 | 10,676,000,000 | 8,349,000,000 | 7,913,000,000 | 6,792,000,000 | 5,958,000,000 | 5,293,000,000 | 4,160,000,000 | 4,108,000,000 | 2,928,000,000 | 6,410,000,000 | 6,282,000,000 | 5,687,000,000 | 4,420,000,000 | 4,004,000,000 | 4,762,000,000 | 5,216,000,000 | 4,083,000,000 | 3,763,000,000 | 3,492,000,000 | 2,999,000,000 | 3,060,000,000 | 2,957,000,000 | 2,788,000,000 | 2,648,000,000 | 2,531,000,000 | 2,123,000,000 | 2,806,000,000 | 3,116,000,000 | 3,469,000,000 | 3,089,000,000 | 953,000,000 | 5,996,000,000 | 6,275,000,000 | 6,088,000,000 | 6,172,000,000 | 6,449,000,000 | 5,962,000,000 | 5,872,000,000 | 6,171,000,000 | 5,965,000,000 | 5,768,000,000 | 6,268,000,000 | 6,034,000,000 | 6,006,000,000 | 6,173,000,000 | 5,726,000,000 | 4,617,000,000 | 4,896,000,000 | 4,761,000,000 | 4,771,000,000 | 4,539,000,000 | 4,104,000,000 | 3,687,000,000 | 3,073,000,000 | -20,195,975,783 | 7,060,000,000 | 4,411,000,000 | 4,599,000,000 | 4,570,000,000 | |
interest, dividends and other income | 44,000,000 | 59,000,000 | 41,000,000 | 60,000,000 | 34,000,000 | 36,000,000 | 32,000,000 | 50,000,000 | 28,000,000 | 29,000,000 | 31,000,000 | 37,000,000 | 36,000,000 | 49,000,000 | 24,000,000 | 18,000,000 | 49,000,000 | 75,000,000 | 30,000,000 | 21,000,000 | 33,000,000 | 34,000,000 | 41,000,000 | 78,000,000 | 35,000,000 | 34,000,000 | 38,000,000 | 29,000,000 | 27,000,000 | 20,000,000 | 31,000,000 | 21,000,000 | 34,000,000 | 25,000,000 | 27,000,000 | 20,000,000 | 30,000,000 | 31,000,000 | 26,000,000 | 31,000,000 | 23,000,000 | 31,000,000 | 46,000,000 | 30,000,000 | 17,000,000 | 26,000,000 | 28,000,000 | 35,000,000 | 17,000,000 | 26,000,000 | 24,000,000 | 14,000,000 | 29,000,000 | 70,000,000 | 35,000,000 | 32,000,000 | 23,000,000 | 27,000,000 | 40,000,000 | 21,000,000 | 38,000,000 | 22,000,000 | 28,000,000 | 30,000,000 | -191,999,764 | 59,000,000 | 57,000,000 | 74,000,000 | 54,000,000 | |||
gains on sales of assets and other | -2,000,000 | 36,000,000 | -79,000,000 | 28,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total | 6,456,000,000 | 6,843,000,000 | 6,837,000,000 | 7,154,000,000 | 6,879,000,000 | 6,010,000,000 | 7,529,000,000 | 7,400,000,000 | 6,731,000,000 | 7,258,000,000 | 8,326,000,000 | 9,501,000,000 | 10,735,000,000 | 8,533,000,000 | 8,010,000,000 | 6,815,000,000 | 6,010,000,000 | 5,479,000,000 | 3,348,000,000 | 3,283,000,000 | 2,976,000,000 | 6,451,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | -6.15% | 13.86% | -9.19% | -3.32% | 2.20% | -17.19% | -9.57% | -22.11% | -37.30% | -14.94% | 3.95% | 39.41% | 78.62% | 55.74% | 139.25% | 107.58% | 101.95% | -15.07% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -5.66% | 0.09% | -4.43% | 4.00% | 14.46% | -20.18% | 1.74% | 9.94% | -7.26% | -12.83% | -12.37% | -11.50% | 25.81% | 6.53% | 17.53% | 13.39% | 9.69% | 63.65% | 1.98% | 10.32% | -53.87% | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and other deductions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas lease operating expense | 1,135,000,000 | 1,217,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transportation and gathering expense | 409,000,000 | 413,000,000 | 443,000,000 | 407,000,000 | 405,000,000 | 353,000,000 | 359,000,000 | 363,000,000 | 375,000,000 | 384,000,000 | 386,000,000 | 378,000,000 | 364,000,000 | 347,000,000 | 366,000,000 | 360,000,000 | 364,000,000 | 329,000,000 | 325,000,000 | 343,000,000 | 367,000,000 | 558,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
chemical and midstream cost of sales | 847,000,000 | 801,000,000 | 752,000,000 | 806,000,000 | 821,000,000 | 742,000,000 | 898,000,000 | 682,000,000 | 791,000,000 | 745,000,000 | 785,000,000 | 835,000,000 | 835,000,000 | 818,000,000 | 771,000,000 | 731,000,000 | 676,000,000 | 594,000,000 | 601,000,000 | 618,000,000 | 577,000,000 | 612,000,000 | 745,000,000 | 741,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative expense | 284,000,000 | 267,000,000 | 145,750,000 | 240,000,000 | 177,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating and non-operating expense | 497,000,000 | 392,000,000 | 493,000,000 | 334,000,000 | 344,000,000 | 410,000,000 | 438,000,000 | 328,000,000 | 10,000,000 | 308,000,000 | 362,000,000 | 319,000,000 | 291,000,000 | 299,000,000 | 303,000,000 | 256,000,000 | 248,000,000 | 258,000,000 | 342,000,000 | 231,000,000 | 114,000,000 | 195,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
taxes other than on income | 269,000,000 | 264,000,000 | 283,000,000 | 256,000,000 | 265,000,000 | 235,000,000 | 225,000,000 | 290,000,000 | 266,000,000 | 306,000,000 | 360,000,000 | 427,000,000 | 426,000,000 | 335,000,000 | 262,000,000 | 289,000,000 | 244,000,000 | 210,000,000 | 149,000,000 | 180,000,000 | 68,000,000 | 182,000,000 | 275,000,000 | 198,000,000 | 123,000,000 | 111,000,000 | 106,000,000 | 110,000,000 | 115,000,000 | 108,000,000 | 90,000,000 | 76,000,000 | 77,000,000 | 68,000,000 | 67,000,000 | 61,000,000 | 74,000,000 | 75,000,000 | 50,000,000 | 79,000,000 | 107,000,000 | 107,000,000 | -43,000,000 | 191,000,000 | 199,000,000 | 203,000,000 | 181,000,000 | 186,000,000 | 196,000,000 | 186,000,000 | 167,000,000 | 172,000,000 | 167,000,000 | 174,000,000 | 140,000,000 | 152,000,000 | 162,000,000 | 151,000,000 | 117,000,000 | 117,000,000 | 127,000,000 | 123,000,000 | 113,000,000 | 105,000,000 | 110,000,000 | 105,000,000 | ||||||
depreciation, depletion and amortization | 1,936,000,000 | 1,917,000,000 | 1,977,000,000 | 1,926,000,000 | 1,775,000,000 | 1,693,000,000 | 1,723,000,000 | 1,712,000,000 | 1,709,000,000 | 1,721,000,000 | 1,819,000,000 | 1,736,000,000 | 1,728,000,000 | 1,643,000,000 | 1,966,000,000 | 1,916,000,000 | 2,371,000,000 | 2,194,000,000 | 1,754,000,000 | 1,915,000,000 | 2,119,000,000 | 2,242,000,000 | 1,031,000,000 | 973,000,000 | 1,086,000,000 | 1,023,000,000 | 947,000,000 | 921,000,000 | 1,076,000,000 | 995,000,000 | 989,000,000 | 942,000,000 | 1,050,000,000 | 1,046,000,000 | 1,070,000,000 | 1,102,000,000 | 1,276,000,000 | 1,123,000,000 | 1,116,000,000 | |||||||||||||||||||||||||||||||||
acquisition-related costs | 6,000,000 | 6,000,000 | 9,000,000 | 49,000,000 | 14,000,000 | 12,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exploration expense | 83,000,000 | 55,000,000 | 69,000,000 | 57,000,000 | 83,000,000 | 66,000,000 | 112,000,000 | 125,000,000 | 102,000,000 | 102,000,000 | 118,000,000 | 47,000,000 | 26,000,000 | 25,000,000 | 107,000,000 | 31,000,000 | 86,000,000 | 28,000,000 | 33,000,000 | 29,000,000 | 33,000,000 | 37,000,000 | 112,000,000 | 63,000,000 | 35,000,000 | 36,000,000 | 50,000,000 | 24,000,000 | 21,000,000 | 15,000,000 | 55,000,000 | 8,000,000 | 8,000,000 | 11,000,000 | 17,000,000 | 9,000,000 | 27,000,000 | 9,000,000 | 13,000,000 | 5,000,000 | 10,000,000 | 8,000,000 | -12,000,000 | 53,000,000 | 54,000,000 | 55,000,000 | 60,000,000 | 68,000,000 | 78,000,000 | 50,000,000 | 82,000,000 | 69,000,000 | 96,000,000 | 98,000,000 | 73,000,000 | 39,000,000 | 62,000,000 | 84,000,000 | 50,000,000 | 83,000,000 | 73,000,000 | 56,000,000 | 99,000,000 | 56,000,000 | 54,000,000 | 58,000,000 | -192,999,673 | 61,000,000 | 93,000,000 | 50,000,000 | 71,000,000 | |
interest and debt expense | 276,000,000 | 318,000,000 | 327,000,000 | 312,000,000 | 252,000,000 | 284,000,000 | 247,000,000 | 230,000,000 | 230,000,000 | 238,000,000 | 260,000,000 | 285,000,000 | 114,000,000 | 371,000,000 | 385,000,000 | 449,000,000 | 385,000,000 | 395,000,000 | 409,000,000 | 353,000,000 | 310,000,000 | 352,000,000 | 434,000,000 | 381,000,000 | 153,000,000 | 98,000,000 | 99,000,000 | 96,000,000 | 97,000,000 | 97,000,000 | 87,000,000 | 91,000,000 | 86,000,000 | 81,000,000 | 76,000,000 | 68,000,000 | 88,000,000 | 60,000,000 | 61,000,000 | 48,000,000 | 8,000,000 | 30,000,000 | 25,000,000 | 14,000,000 | 18,000,000 | 20,000,000 | 25,000,000 | 29,000,000 | 30,000,000 | 34,000,000 | 36,000,000 | 36,000,000 | 28,000,000 | 30,000,000 | 31,000,000 | 25,000,000 | 27,000,000 | 215,000,000 | 20,000,000 | 26,000,000 | 32,000,000 | 38,000,000 | 41,000,000 | 40,000,000 | 32,000,000 | 27,000,000 | -93,999,871 | 24,000,000 | 32,000,000 | 72,000,000 | 68,000,000 | |
income before income taxes and other items | 714,000,000 | 1,193,000,000 | -322,000,000 | 1,428,000,000 | 1,393,000,000 | 709,000,000 | 1,416,000,000 | 1,703,000,000 | 1,142,000,000 | 1,634,000,000 | 2,208,000,000 | 3,382,000,000 | 4,658,000,000 | 2,759,000,000 | 1,890,000,000 | 1,080,000,000 | 187,000,000 | -205,000,000 | -1,762,000,000 | -4,269,000,000 | -8,301,000,000 | -1,377,000,000 | 233,750,000 | -692,000,000 | 844,000,000 | 783,000,000 | 729,000,000 | 2,492,000,000 | 1,072,000,000 | 984,000,000 | -14,000,000 | 215,000,000 | 605,000,000 | 165,000,000 | -640,000,000 | -326,000,000 | -283,000,000 | -596,000,000 | -6,749,000,000 | -3,111,000,000 | 446,000,000 | -270,000,000 | -5,277,000,000 | 1,938,000,000 | 2,309,000,000 | 2,254,000,000 | 2,514,000,000 | 2,519,000,000 | 2,142,000,000 | 2,107,000,000 | 543,000,000 | 2,144,000,000 | 2,106,000,000 | 2,597,000,000 | 2,509,000,000 | 2,739,000,000 | 2,849,000,000 | 2,362,000,000 | 1,813,000,000 | 1,965,000,000 | 1,822,000,000 | 1,759,000,000 | 1,559,000,000 | 1,426,000,000 | 1,105,000,000 | 579,000,000 | ||||||
other items | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity investments and other | 24,000,000 | 139,000,000 | 153,000,000 | 166,000,000 | 242,000,000 | 301,000,000 | 143,000,000 | 106,000,000 | 185,000,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 738,000,000 | 1,332,000,000 | 2,400,000,000 | 3,648,000,000 | 4,986,000,000 | 3,083,000,000 | 2,030,000,000 | 1,217,000,000 | 143,000,000 | 315,000,000 | -1,425,000,000 | -4,058,000,000 | -8,184,000,000 | -2,095,000,000 | -990,000,000 | -621,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -270,000,000 | -387,000,000 | 49,000,000 | -454,000,000 | -465,000,000 | -304,000,000 | -361,000,000 | -434,000,000 | -85,000,000 | -902,000,000 | -161,750,000 | -116,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 468,000,000 | 945,000,000 | -120,000,000 | 1,140,000,000 | 1,170,000,000 | 706,000,000 | 1,927,000,000 | 2,746,000,000 | 3,755,000,000 | 4,876,000,000 | 1,561,000,000 | 830,000,000 | 100,000,000 | 299,000,000 | -1,149,000,000 | -3,655,000,000 | -6,716,000,000 | -2,013,000,000 | 132,250,000 | -737,000,000 | 497,000,000 | 190,000,000 | 507,000,000 | 117,000,000 | -268,000,000 | -238,000,000 | -136,000,000 | -360,000,000 | -5,505,000,000 | -2,606,000,000 | 180,000,000 | -215,000,000 | 1,009,500,000 | 1,214,000,000 | 1,435,000,000 | 1,389,000,000 | 1,648,000,000 | 1,588,000,000 | 1,327,000,000 | 1,359,000,000 | 364,000,000 | 1,379,000,000 | 1,332,000,000 | 1,560,000,000 | 1,641,000,000 | 1,775,000,000 | 1,819,000,000 | 1,405,000,000 | 1,247,000,000 | 1,218,000,000 | 1,081,000,000 | 1,095,000,000 | 959,000,000 | 943,000,000 | 696,000,000 | 380,000,000 | -6,390,993,161 | 2,272,000,000 | 1,145,000,000 | 1,204,000,000 | 1,216,000,000 | |||||||||||
discontinued operations, net of taxes | 45,500,000 | 182,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 468,000,000 | 945,000,000 | -120,000,000 | 1,140,000,000 | 1,170,000,000 | 888,000,000 | 1,198,000,000 | 1,375,000,000 | 860,000,000 | 1,263,000,000 | 1,927,000,000 | 2,746,000,000 | 3,755,000,000 | 4,876,000,000 | 1,537,000,000 | 828,000,000 | 103,000,000 | -146,000,000 | -1,112,000,000 | -3,575,000,000 | -8,131,000,000 | -2,013,000,000 | 128,500,000 | -752,000,000 | 635,000,000 | 631,000,000 | 706,000,000 | 1,869,000,000 | 848,000,000 | 708,000,000 | 497,000,000 | 190,000,000 | 507,000,000 | 117,000,000 | -272,000,000 | -241,000,000 | -139,000,000 | 78,000,000 | -5,178,000,000 | -2,609,000,000 | 176,000,000 | -218,000,000 | -3,407,000,000 | 1,211,000,000 | 1,434,000,000 | 1,392,000,000 | 1,643,000,000 | 1,583,000,000 | 1,322,000,000 | 1,355,000,000 | 336,000,000 | 1,375,000,000 | 1,328,000,000 | 1,559,000,000 | 1,634,000,000 | 1,771,000,000 | 1,817,000,000 | 1,549,000,000 | 1,226,000,000 | 1,213,000,000 | 1,075,000,000 | 1,088,000,000 | 954,000,000 | 941,000,000 | 694,000,000 | 377,000,000 | -6,413,993,143 | 2,271,000,000 | 1,412,000,000 | 857,000,000 | 1,229,000,000 | |
yoy | -60.00% | 6.42% | -110.02% | -17.09% | 36.05% | -29.69% | -37.83% | -49.93% | -77.10% | -74.10% | 25.37% | 231.64% | 3545.63% | -3439.73% | -238.22% | -123.16% | -101.27% | -92.75% | -965.37% | 375.40% | -1380.47% | -419.02% | -81.80% | -140.24% | -25.12% | -10.88% | 42.05% | 883.68% | 67.26% | 505.13% | -282.72% | -178.84% | -464.75% | 50.00% | -94.75% | -90.76% | -178.98% | -135.78% | 51.98% | -315.44% | -87.73% | -115.66% | -307.36% | -23.50% | 8.47% | 2.73% | 388.99% | 15.13% | -0.45% | -13.09% | -79.44% | -22.36% | -26.91% | 0.65% | 33.28% | 46.00% | 69.02% | 42.37% | 28.51% | 28.91% | 54.90% | 188.59% | -114.87% | -58.56% | -50.85% | -848.42% | 84.78% | |||||
qoq | -50.48% | -887.50% | -110.53% | -2.56% | 31.76% | -25.88% | -12.87% | 59.88% | -31.91% | -34.46% | -29.83% | -26.87% | -22.99% | 217.24% | 85.63% | 703.88% | -170.55% | -86.87% | -68.90% | -56.03% | 303.92% | -1666.54% | -117.09% | -218.43% | 0.63% | -10.62% | -62.23% | 120.40% | 19.77% | 42.45% | 161.58% | -62.52% | 333.33% | -143.01% | 12.86% | 73.38% | -278.21% | -101.51% | 98.47% | -1582.39% | -180.73% | -93.60% | -381.34% | -15.55% | 3.02% | -15.28% | 3.79% | 19.74% | -2.44% | 303.27% | -75.56% | 3.54% | -14.82% | -4.59% | -7.74% | -2.53% | 17.30% | 26.35% | 1.07% | 12.84% | -1.19% | 14.05% | 1.38% | 35.59% | 84.08% | -105.88% | -382.43% | 60.84% | -30.27% | |||
net income margin % | 7.25% | 13.81% | -1.76% | 15.94% | 17.01% | 14.78% | 15.91% | 18.58% | 12.78% | 17.40% | 23.14% | 28.90% | 34.98% | 57.14% | 19.19% | 12.15% | 1.71% | -2.66% | -33.21% | -108.89% | -273.22% | -31.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interest | -10,000,000 | -9,000,000 | -7,000,000 | -7,000,000 | -8,000,000 | -14,000,000 | -22,000,000 | -24,000,000 | -16,000,000 | -14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: preferred stock dividends | -170,000,000 | -170,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -200,000,000 | -203,000,000 | -222,000,000 | -219,000,000 | -29,500,000 | -118,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 288,000,000 | 766,000,000 | -297,000,000 | 964,000,000 | 992,000,000 | 718,000,000 | 1,029,000,000 | 1,156,000,000 | 605,000,000 | 983,000,000 | 1,727,000,000 | 2,546,000,000 | 3,555,000,000 | 4,676,000,000 | 1,337,000,000 | 628,000,000 | -97,000,000 | -346,000,000 | -1,312,000,000 | -3,778,000,000 | -8,353,000,000 | -2,232,000,000 | -1,339,000,000 | -912,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations—basic | 270,000 | 810,000 | -360,000 | 1,030,000 | 1,100,000 | 600,000 | 1,940,000 | 2,740,000 | 3,760,000 | 4,960,000 | 1,450,000 | 670,000 | -110,000 | 110,000 | -1,390,000 | -4,160,000 | -7,580,000 | -2,490,000 | -1,670,000 | -1,060,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations—basic | 210,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders—basic | 270,000 | 810,000 | -360,000 | 1,030,000 | 1,100,000 | 810,000 | 1,160,000 | 1,300,000 | 680,000 | 1,080,000 | 1,940,000 | 2,740,000 | 3,760,000 | 4,960,000 | 1,420,000 | 670,000 | -100,000 | -370,000 | -9,120,000 | -2,490,000 | -1,670,000 | -1,080,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations—diluted | 260,000 | 770,000 | -320,000 | 980,000 | 1,030,000 | 560,000 | 1,760,000 | 2,520,000 | 3,470,000 | 4,650,000 | 1,410,000 | 650,000 | -110,000 | 100,000 | -15,649,985.74 | -4.16 | -7,580,000 | -2,490,000 | -1,670,000 | -1,060,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations—diluted | -10,000 | 190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders—diluted | 260,000 | 770,000 | -330,000 | 980,000 | 1,030,000 | 750,000 | 1,070,000 | 1,200,000 | 630,000 | 1,000,000 | 1,760,000 | 2,520,000 | 3,470,000 | 4,650,000 | 1,390,000 | 650,000 | -100,000 | -360,000 | -9,120,000 | -2,490,000 | -1,670,000 | -1,080,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated condensed financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on sales of assets and other | -19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas operating expense | 886,750,000 | 1,207,000,000 | 1,179,000,000 | 1,161,000,000 | 850,000,000 | 1,189,000,000 | 1,130,000,000 | 1,081,000,000 | 1,103,000,000 | 1,056,000,000 | 1,005,000,000 | 864,000,000 | 843,000,000 | 829,000,000 | 712,000,000 | 776,000,000 | 709,000,000 | 656,000,000 | 631,000,000 | 1,046,000,000 | 922,000,000 | 962,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | 4.32% | 1.51% | 4.34% | 7.40% | -22.94% | 12.59% | 12.44% | 25.12% | 30.84% | 27.38% | 41.15% | 11.34% | 18.90% | 26.37% | 12.84% | -25.81% | -23.10% | -31.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -26.53% | 2.37% | 1.55% | 36.59% | -28.51% | 5.22% | 4.53% | -1.99% | 4.45% | 5.07% | 16.32% | 2.49% | 1.69% | 16.43% | -8.25% | 9.45% | 8.08% | 3.96% | -39.67% | 13.45% | -4.16% | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating margin % | 0% | 0% | 12.97% | 16.87% | 17.14% | 19.32% | 11.29% | 16.07% | 16.79% | 14.89% | 13.25% | 11.11% | 9.36% | 10.13% | 10.52% | 12.16% | 11.85% | 14.16% | 21.18% | 19.98% | 21.20% | 16.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchased commodities | 79,000,000 | 83,000,000 | 89,000,000 | 86,000,000 | 501,000,000 | 520,000,000 | 490,000,000 | 498,000,000 | 660,000,000 | 785,000,000 | 1,031,000,000 | 811,000,000 | 675,000,000 | 588,000,000 | 487,000,000 | 558,000,000 | 455,000,000 | 333,000,000 | 214,000,000 | 393,000,000 | 442,000,000 | 441,000,000 | 431,000,000 | 365,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative expenses | 196,500,000 | 268,000,000 | 259,000,000 | 259,000,000 | 194,000,000 | 258,000,000 | 277,000,000 | 241,000,000 | 171,750,000 | 247,000,000 | 244,000,000 | 196,000,000 | 166,000,000 | 163,750,000 | 166,000,000 | 225,000,000 | 163,000,000 | 140,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairments and other charges | 1,260,000,000 | 21,000,000 | 209,000,000 | 131,000,000 | 17,000,000 | 21,000,000 | 135,000,000 | 87,000,000 | 2,723,000,000 | 6,470,000,000 | 1,803,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 1,059,750,000 | 1,594,000,000 | 1,635,000,000 | 1,010,000,000 | 1,217,500,000 | 1,809,000,000 | 1,327,000,000 | 1,734,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: preferred stock dividends and redemption premiums | -170,000,000 | -169,000,000 | -170,000,000 | -170,000,000 | -169,000,000 | -219,000,000 | -255,000,000 | -280,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of assets | 49,250,000 | 192,000,000 | 1,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
anadarko acquisition-related costs | 7,000,000 | 4,000,000 | 13,000,000 | 65,000,000 | 31,000,000 | 29,000,000 | 52,000,000 | 41,000,000 | 37,000,000 | 5,000,000 | 149,000,000 | 148,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on interest rate swaps | 83,000,000 | 70,000,000 | 127,000,000 | 135,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -467,000,000 | -471,000,000 | -1,231,000,000 | 1,793,000,000 | -469,000,000 | -387,000,000 | -43,000,000 | -16,000,000 | 276,000,000 | 403,000,000 | 1,468,000,000 | 82,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of assets and equity investments | 58,000,000 | 74,000,000 | 23,000,000 | 135,000,000 | 111,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity investments | 207,000,000 | 196,000,000 | 201,000,000 | 189,000,000 | 168,000,000 | 163,000,000 | 179,000,000 | 121,000,000 | 187,000,000 | 123,000,000 | 193,000,000 | -133,000,000 | 99,000,000 | 104,000,000 | 97,000,000 | 73,000,000 | 103,000,000 | 87,000,000 | 78,000,000 | 63,000,000 | 80,000,000 | 60,000,000 | 187,000,000 | 30,000,000 | 39,000,000 | 58,000,000 | 51,000,000 | 33,000,000 | 54,000,000 | 60,000,000 | 58,000,000 | 36,000,000 | 88,000,000 | 93,000,000 | 83,000,000 | 67,000,000 | 107,000,000 | 106,000,000 | 86,000,000 | 96,000,000 | 656,000,000 | -90,000,000 | -101,000,000 | -73,000,000 | -66,000,000 | 167,999,787 | -57,000,000 | |||||||||||||||||||||||||
income from discontinued operations, net of tax | -24,000,000 | -2,000,000 | 3,000,000 | -445,000,000 | 37,000,000 | 80,000,000 | -1,415,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations—basic | -30,000 | 10,000 | -480,000 | 50,000 | 90,000 | -1,540,000 | -5,000 | -20,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations—diluted | -20,000 | 10,000 | -460,000 | -1,409,998.54 | 0.09 | -1,540,000 | -5,000 | -20,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of equity investments and other assets | 29,750,000 | 5,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on interest rate swaps and warrants | -28,000,000 | -26,000,000 | -223,000,000 | 399,000,000 | 266,000,000 | -33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sale of assets | -842,000,000 | -846,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on interest rate swaps and berkshire warrants | -143,250,000 | 88,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders per share—basic | -3.93 | -4.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders per share—diluted | -3.93 | -4.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets | 15,000,000 | 37,500,000 | 128,000,000 | 15,000,000 | 7,000,000 | 242,250,000 | 926,000,000 | 10,000,000 | 33,000,000 | 149,500,000 | 86,000,000 | 512,000,000 | 138,000,000 | 23,500,000 | 99,000,000 | 19,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on interest rate swaps and berkshire warrants | -76,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per common share | 10,000 | 790,000 | 580,000 | 780,000 | 770,000 | 770,000 | 770,000 | 770,000 | 760,000 | 760,000 | 760,000 | 760,000 | 750,000 | 750,000 | 750,000 | 750,000 | 750,000 | 720,000 | 720,000 | 720,000 | 720,000 | 720,000 | 640,000 | 640,000 | 640,000 | 640,000 | 540,000 | 540,000 | 540,000 | 540,000 | 460,000 | 460,000 | 460,000 | 460,000 | 380,000 | 380,000 | 380,000 | 330,000 | 330,000 | 330,000 | 330,000 | 320,000 | -889,998.79 | 320,000 | 220,000 | 360,000 | 360,000 | |||||||||||||||||||||||||
gain on sale of equity investments and other assets | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | 260,000,000 | 337,000,000 | 242,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on interest rate swaps and warrants | -585,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) includes 1.2 billion of impairment related to the write-off of goodwill. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest, dividends, and other income | 43,750,000 | 56,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transportation expense | 340,000,000 | 217,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expense | 215,250,000 | 363,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion, and amortization | 927,500,000 | 1,706,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairments and other items | 81,250,000 | 325,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
anadarko merger-related costs | 243,500,000 | 924,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net of tax | -3,750,000 | -15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | -10,500,000 | -42,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 1,386,000,000 | 1,345,000,000 | 1,954,000,000 | 1,786,000,000 | 1,465,000,000 | 1,363,000,000 | 1,325,000,000 | 1,357,000,000 | 1,486,000,000 | 1,426,000,000 | 1,326,000,000 | 1,338,000,000 | 1,244,000,000 | 1,281,000,000 | 1,354,000,000 | 1,413,000,000 | 1,480,000,000 | 2,586,000,000 | -3,077,000,000 | 3,385,000,000 | 3,297,000,000 | 3,198,000,000 | -1,969,000,000 | 3,214,000,000 | 3,180,000,000 | 3,137,000,000 | -1,342,000,000 | 3,176,000,000 | 3,060,000,000 | 2,950,000,000 | -740,000,000 | 2,879,000,000 | 2,720,000,000 | 2,526,000,000 | 1,829,500,000 | 2,444,000,000 | 2,432,000,000 | 2,442,000,000 | 1,563,250,000 | 2,130,000,000 | 2,059,000,000 | 2,064,000,000 | -7,986,992,577 | 2,844,000,000 | 2,205,000,000 | 2,134,000,000 | 1,989,000,000 | |||||||||||||||||||||||||
gross profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||
other operating and non-operating expenses | 260,000,000 | 238,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairments and related items | 305,000,000 | 214,000,000 | 12,000,000 | 30,000,000 | 521,000,000 | 11,000,000 | 13,000,000 | 526,000,000 | 221,000,000 | 78,000,000 | 6,518,000,000 | 3,397,000,000 | 324,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
anadarko transaction-related costs | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from domestic and foreign income taxes | -306,000,000 | -225,000,000 | -337,750,000 | -710,000,000 | -302,000,000 | -339,000,000 | 82,250,000 | 30,000,000 | 19,000,000 | -5,987,000,000 | 855,000,000 | 875,000,000 | 1,139,000,000 | 949,000,000 | 1,087,000,000 | 1,111,000,000 | 1,054,000,000 | 650,000,000 | 816,000,000 | 729,000,000 | 673,000,000 | 549,000,000 | 455,000,000 | 241,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share | 840,000 | 840,000 | 940,000 | 2,440,000 | 1,100,000 | 920,000 | 650,000 | 250,000 | 660,000 | 150,000 | -350,000 | -320,000 | -180,000 | 100,000 | -6,770,000 | -3,420,000 | 230,000 | -280,000 | -4,340,000 | 1,550,000 | 1,830,000 | 1,750,000 | 2,050,000 | 1,960,000 | 1,640,000 | 1,680,000 | 420,000 | 1,690,000 | 1,640,000 | 1,920,000 | 2,010,000 | 2,170,000 | 2,230,000 | 1,900,000 | 1,490,000 | 1,460,000 | 1,310,000 | 1,310,000 | 1,160,000 | 1,140,000 | 840,000 | 450,000 | -7,819,991.61 | 2,790,000 | 1,680,000 | 1,990,000 | 2,900,000 | |||||||||||||||||||||||||
diluted earnings per common share | 840,000 | 840,000 | 940,000 | 2,440,000 | 1,100,000 | 920,000 | 640,000 | 250,000 | 660,000 | 150,000 | -350,000 | -320,000 | -180,000 | 100,000 | -6,770,000 | -3,420,000 | 230,000 | -280,000 | -4,340,000 | 1,550,000 | 1,820,000 | 1,750,000 | 2,040,000 | 1,960,000 | 1,640,000 | 1,680,000 | 420,000 | 1,690,000 | 1,640,000 | 1,920,000 | 2,010,000 | 2,170,000 | 2,230,000 | 1,900,000 | 1,490,000 | 1,460,000 | 1,310,000 | 1,310,000 | 1,150,000 | 1,140,000 | 840,000 | 450,000 | -7,789,991.65 | 2,780,000 | 1,680,000 | 1,970,000 | 2,860,000 | |||||||||||||||||||||||||
selling, general and administrative and other operating expenses | 473,000,000 | 431,000,000 | 402,000,000 | 307,000,000 | 448,000,000 | 352,000,000 | 352,000,000 | 272,000,000 | 404,000,000 | 316,000,000 | 338,000,000 | 272,000,000 | 320,000,000 | 292,000,000 | 347,000,000 | 311,000,000 | 176,000,000 | 441,000,000 | 498,000,000 | 388,000,000 | 454,000,000 | 459,000,000 | 495,000,000 | 393,000,000 | 439,000,000 | 394,000,000 | 335,000,000 | 434,000,000 | 452,000,000 | 242,000,000 | 388,000,000 | 441,000,000 | 399,000,000 | 288,000,000 | 375,000,000 | 359,000,000 | 359,000,000 | 362,000,000 | 270,000,000 | -1,272,998,743 | 393,000,000 | 347,000,000 | 376,000,000 | |||||||||||||||||||||||||||||
benefit for domestic and foreign income taxes | -112,000,000 | -85,000,000 | -285,000,000 | -78,000,000 | 96,000,000 | 203,000,000 | 35,000,000 | 445,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | -431,440,000 | -3,000,000 | -3,000,000 | 438,000,000 | 10,410,000 | -3,000,000 | -3,000,000 | 3,000,000 | -28,000,000 | -4,000,000 | -4,000,000 | -7,000,000 | -4,000,000 | -2,000,000 | 144,000,000 | -21,000,000 | -5,000,000 | -6,000,000 | -7,000,000 | -5,000,000 | -2,000,000 | -22,999,982 | -1,000,000 | 267,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of assets | 49,500,000 | 60,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock | -5,178,000,000 | -2,609,000,000 | 176,000,000 | -218,000,000 | -3,413,000,000 | 1,208,000,000 | 1,431,000,000 | 1,390,000,000 | 1,549,000,000 | 1,212,000,000 | 1,191,000,000 | 1,064,000,000 | 938,000,000 | 927,000,000 | 682,000,000 | 368,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of assets | -24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets and equity investments | 1,985,000,000 | 525,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairments | 117,750,000 | 471,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of equity investment | 32,750,000 | 131,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on disposition of assets | 250,000 | 1,000,000 | -7,000,000 | 21,000,000 | 6,000,000 | -6,000,000 | 1,000,000 | 3,000,000 | 7,000,000 | -24,999,973 | 308,000,000 | 16,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) from equity investments | -75,250,000 | -123,000,000 | -81,000,000 | -48,250,000 | -69,000,000 | -59,000,000 | -65,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 1,284,250,000 | 1,771,000,000 | 1,817,000,000 | 1,063,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
environmental remediation | 19,000,000 | 6,000,000 | 15,000,000 | 10,000,000 | -27,999,972 | -2,000,000 | 6,000,000 | 9,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and other operating expenses | 309,000,000 | 388,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from domestic and foreign | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 800,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | -12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share – attributable to common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per common share – attributable to common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes and other items | 2,709,500,000 | 3,799,000,000 | 2,052,000,000 | 2,077,000,000 | 2,116,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from domestic and foreign income and other taxes | 1,127,750,000 | 1,546,000,000 | 881,000,000 | 932,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | -103,999,884 | 38,000,000 | 21,000,000 | 34,000,000 | 37,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average basic shares | 815,300,000 | 837,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average diluted shares | 817,700,000 | 841,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income and other taxes | 904,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic shares | 430,100,000 | 424,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted shares | 433,900,000 | 430,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We provide you with 20 years income statements for Occidental Petroleum stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Occidental Petroleum stock. Explore the full financial landscape of Occidental Petroleum stock with our expertly curated income statements.
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