Occidental PetroleumOXYEarnings & Financial Report
Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000.
Revenue
$8.2B
Gross Profit
$7.4B
Operating Profit
N/A
Net Profit
$4.9B
Gross Margin
90.0%
Operating Margin
N/A
Net Margin
59.4%
YoY Growth
58.4%
EPS
$4.65
Financial Flow
Occidental Petroleum Q1 2022 Financial Summary
Occidental Petroleum reported revenue of $8.2B for Q1 2022, with a net profit of $4.9B (59.4% margin). Cost of goods sold was $818.0M, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $8.2B |
|---|---|
| Net Profit | $4.9B |
| Gross Margin | 90.0% |
| Operating Margin | N/A |
| Report Period | Q1 2022 |
Occidental Petroleum Annual Revenue by Year
Occidental Petroleum annual revenue history includes year-by-year totals (for example, 2025 revenue was $21.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $21.6B |
| 2024 | $27.4B |
| 2023 | $28.3B |
| 2022 | $36.2B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.73B | $6.80B | $7.02B | $6.86B | $6.91B | $6.32B | $6.68B | $1.66B |
| YoY Growth | -5.4% | 3.0% | -3.5% | -6.5% | 2.7% | -7.1% | -4.8% | -75.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $74.28B | $76.22B | $85.80B | $85.44B | $84.97B | $84.36B | $83.47B | $84.19B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $30.81B | $32.05B | $34.67B | $34.16B | $34.71B | $35.72B | $36.26B | $36.03B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.01B | $2.39B | $3.68B | $3.36B | $2.15B | $2.96B | $2.79B | $2.63B |
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