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
$6.7B
Gross Profit
$5.9B
Operating Profit
$1.2B
Net Profit
$842.0M
Gross Margin
87.8%
Operating Margin
17.4%
Net Margin
12.6%
YoY Growth
-4.8%
EPS
$0.65
Occidental Petroleum Q3 FY2025 Financial Summary
Occidental Petroleum reported revenue of $6.7B (down 4.8% YoY) for Q3 FY2025, with a net profit of $842.0M (down 26.1% YoY) (12.6% margin). Cost of goods sold was $812.0M, operating expenses totaled $4.7B.
Key Financial Metrics
| Total Revenue | $6.7B |
|---|---|
| Net Profit | $842.0M |
| Gross Margin | 87.8% |
| Operating Margin | 17.4% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Occidental Petroleum Q3 FY2025 revenue of $6.7B breaks down across 6 segments, led by Oil Reserves at $3.8B (56.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Oil Reserves | $3.8B | 56.3% |
| Chemical Segment | $1.1B | 16.3% |
| Other | $884.0M | 13.2% |
| Natural Gas Liquids Reserves | $469.0M | 7.0% |
| Natural Gas Reserves | $240.0M | 3.6% |
| Midstream And Marketing | $178.0M | 2.7% |
Occidental Petroleum Revenue by Segment — Quarterly Trend
Occidental Petroleum revenue by segment across the last 4 reported quarters, showing how each business line (such as Oil Reserves and Chemical Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Oil Reserves | — | $3.8B | $3.5B | $3.8B |
| Chemical Segment | — | $1.1B | $1.2B | $1.1B |
| Other | — | $884.0M | $852.0M | $796.0M |
| Natural Gas Liquids Reserves | — | $469.0M | $457.0M | $578.0M |
| Natural Gas Reserves | — | $240.0M | $205.0M | $381.0M |
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 | $23.2B |
| 2022 | $36.2B |
Occidental Petroleum Quarterly Revenue & Net Profit History
Occidental Petroleum results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.7B | -75.8% | $114.0M | 6.9% |
| Q3 FY2025 | $6.7B | -4.8% | $842.0M | 12.6% |
| Q2 FY2025 | $6.3B | -7.1% | $468.0M | 7.4% |
| Q1 FY2025 | $6.9B | +2.7% | $945.0M | 13.7% |
| Q4 FY2024 | $6.9B | -6.5% | $-120.0M | -1.7% |
| Q3 FY2024 | $7.0B | -3.5% | $1.1B | 16.2% |
| Q2 FY2024 | $6.8B | +3.0% | $1.2B | 17.2% |
| Q1 FY2024 | $6.7B | -5.4% | $888.0M | 13.2% |
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 | $43.47B | $44.16B | $51.13B | $51.29B | $50.26B | $48.64B | $47.21B | $48.15B |
| 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 |