Occidental Historical Income Statement

OXY Stock

USD 66.04 0.06 0.09%

Historical analysis of Occidental Petroleum income statement accounts such as Gross Profit of 6.9 B can show how well Occidental Petroleum performed in making a profits. Evaluating Occidental Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Occidental Petroleum's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Occidental Petroleum latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Occidental Petroleum is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

About Occidental Income Statement Analysis

Occidental Petroleum Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Occidental Petroleum shareholders. The income statement also shows Occidental investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Occidental Petroleum Income Statement Chart

Occidental Petroleum Income Statement is one of the three primary financial statements used for reporting Occidental's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Occidental Petroleum revenue and expense. Occidental Petroleum Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Occidental Petroleum's Non Recurring is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 1.3 B in 2024, whereas Total Revenue is likely to drop slightly above 17.8 B in 2024.

Total Revenue Gross Profit Other Operating Expenses Ebitda

Total Revenue

Total revenue comprises all receipts Occidental Petroleum generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Occidental Petroleum minus its cost of goods sold. It is profit before Occidental Petroleum operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Occidental Petroleum. It is also known as Occidental Petroleum overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Occidental Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Occidental Petroleum current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.At this time, Occidental Petroleum's Non Recurring is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 1.3 B in 2024, whereas Total Revenue is likely to drop slightly above 17.8 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	7.9B	17.6B	10.1B	6.9B
Total Revenue	26.0B	36.6B	28.3B	17.8B

Gross Profit Total Revenue

Occidental Petroleum income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Extraordinary Items	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.88	0.47	0.14	0.72	0.13	0.22	0.61	0.71	0.25	-0.07	-0.3	-0.08	-0.25	0.31	-0.58	-0.64	-0.12	0.17	0.41	0.39	0.52	-0.87	0.88	0.81
Interest Expense	0.88		0.4	0.02	0.75	0.12	0.18	0.51	0.73	0.29	-0.13	-0.24	-0.12	-0.35	0.26	-0.75	-0.76	-0.11	0.38	0.23	0.47	0.59	-0.98	0.97	0.83
Total Revenue	0.47	0.4		0.87	0.82	0.8	0.85	0.85	0.68	0.68	0.65	0.23	0.64	0.47	0.59	-0.07	-0.36	0.61	0.13	0.59	0.3	0.0	-0.4	0.45	0.55
Gross Profit	0.14	0.02	0.87		0.43	0.89	0.92	0.8	0.22	0.79	0.83	0.4	0.81	0.76	0.53	0.28	-0.05	0.73	0.0	0.52	0.18	-0.29	0.0	0.05	0.18
Other Operating Expenses	0.72	0.75	0.82	0.43		0.44	0.5	0.66	0.96	0.44	0.21	-0.07	0.21	-0.01	0.41	-0.5	-0.65	0.23	0.31	0.45	0.34	0.38	-0.78	0.81	0.83
Operating Income	0.13	0.12	0.8	0.89	0.44		0.8	0.69	0.26	0.69	0.86	0.55	0.85	0.73	0.55	0.12	-0.19	0.8	0.08	0.52	0.25	-0.18	-0.09	0.11	0.19
Ebit	0.22	0.18	0.85	0.92	0.5	0.8		0.89	0.31	0.77	0.75	0.35	0.77	0.54	0.58	0.19	-0.06	0.69	-0.02	0.47	0.36	-0.25	-0.13	0.19	0.32
Ebitda	0.61	0.51	0.85	0.8	0.66	0.69	0.89		0.49	0.72	0.61	0.21	0.62	0.35	0.58	-0.06	-0.32	0.54	0.05	0.62	0.52	-0.02	-0.47	0.53	0.61
Cost Of Revenue	0.71	0.73	0.68	0.22	0.96	0.26	0.31	0.49		0.17	0.05	-0.14	0.07	-0.19	0.37	-0.56	-0.63	0.12	0.26	0.39	0.32	0.43	-0.78	0.8	0.82
Total Operating Expenses	0.25	0.29	0.68	0.79	0.44	0.69	0.77	0.72	0.17		0.55	0.2	0.5	0.57	0.25	0.01	-0.28	0.41	0.23	0.33	0.16	-0.03	-0.24	0.27	0.3
Income Before Tax	-0.07	-0.13	0.65	0.83	0.21	0.86	0.75	0.61	0.05	0.55		0.83	0.99	0.82	0.54	0.51	0.15	0.96	-0.04	0.65	0.43	-0.62	0.17	-0.11	0.02
Total Other Income Expense Net	-0.3	-0.24	0.23	0.4	-0.07	0.55	0.35	0.21	-0.14	0.2	0.83		0.82	0.63	0.31	0.56	0.29	0.87	-0.04	0.53	0.53	-0.74	0.29	-0.25	-0.14
Net Income	-0.08	-0.12	0.64	0.81	0.21	0.85	0.77	0.62	0.07	0.5	0.99	0.82		0.72	0.6	0.51	0.17	0.98	-0.07	0.61	0.46	-0.62	0.17	-0.11	0.03
Income Tax Expense	-0.25	-0.35	0.47	0.76	-0.01	0.73	0.54	0.35	-0.19	0.57	0.82	0.63	0.72		0.24	0.52	0.25	0.68	0.01	0.46	0.05	-0.54	0.36	-0.33	-0.25
Selling General Administrative	0.31	0.26	0.59	0.53	0.41	0.55	0.58	0.58	0.37	0.25	0.54	0.31	0.6	0.24		0.04	-0.07	0.57	-0.28	0.36	0.27	-0.16	-0.27	0.28	0.32
Extraordinary Items	-0.58	-0.75	-0.07	0.28	-0.5	0.12	0.19	-0.06	-0.56	0.01	0.51	0.56	0.51	0.52	0.04		0.85	0.47	-0.2	0.18	0.01	-0.92	0.79	-0.75	-0.64
Discontinued Operations	-0.64	-0.76	-0.36	-0.05	-0.65	-0.19	-0.06	-0.32	-0.63	-0.28	0.15	0.29	0.17	0.25	-0.07	0.85		0.13	-0.18	-0.16	-0.16	-0.76	0.78	-0.79	-0.77
Net Income From Continuing Ops	-0.12	-0.11	0.61	0.73	0.23	0.8	0.69	0.54	0.12	0.41	0.96	0.87	0.98	0.68	0.57	0.47	0.13		-0.04	0.62	0.49	-0.62	0.14	-0.08	0.06
Non Recurring	0.17	0.38	0.13	0.0	0.31	0.08	-0.02	0.05	0.26	0.23	-0.04	-0.04	-0.07	0.01	-0.28	-0.2	-0.18	-0.04		0.08	0.17	0.09	-0.37	0.3	0.0
Non Operating Income Net Other	0.41	0.23	0.59	0.52	0.45	0.52	0.47	0.62	0.39	0.33	0.65	0.53	0.61	0.46	0.36	0.18	-0.16	0.62	0.08		0.54	-0.31	-0.22	0.31	0.4
Tax Provision	0.39	0.47	0.3	0.18	0.34	0.25	0.36	0.52	0.32	0.16	0.43	0.53	0.46	0.05	0.27	0.01	-0.16	0.49	0.17	0.54		-0.29	-0.38	0.42	0.44
Interest Income	0.52	0.59	0.0	-0.29	0.38	-0.18	-0.25	-0.02	0.43	-0.03	-0.62	-0.74	-0.62	-0.54	-0.16	-0.92	-0.76	-0.62	0.09	-0.31	-0.29		-0.63	0.6	0.51
Net Interest Income	-0.87	-0.98	-0.4	0.0	-0.78	-0.09	-0.13	-0.47	-0.78	-0.24	0.17	0.29	0.17	0.36	-0.27	0.79	0.78	0.14	-0.37	-0.22	-0.38	-0.63		-0.99	-0.85
Reconciled Depreciation	0.88	0.97	0.45	0.05	0.81	0.11	0.19	0.53	0.8	0.27	-0.11	-0.25	-0.11	-0.33	0.28	-0.75	-0.79	-0.08	0.3	0.31	0.42	0.6	-0.99		0.92
Selling And Marketing Expenses	0.81	0.83	0.55	0.18	0.83	0.19	0.32	0.61	0.82	0.3	0.02	-0.14	0.03	-0.25	0.32	-0.64	-0.77	0.06	0.0	0.4	0.44	0.51	-0.85	0.92

Click cells to compare fundamentals

Occidental Petroleum Account Relationship Matchups

Occidental Petroleum income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	6.0B	8.1B	8.4B	6.9B	6.9B	7.2B
Interest Expense	1.1B	1.4B	1.6B	1.0B	945M	992.3M
Total Revenue	20.4B	17.8B	26.0B	36.6B	28.3B	17.8B
Gross Profit	6.1B	1.2B	7.9B	17.6B	10.1B	6.9B
Other Operating Expenses	17.6B	19.1B	21.3B	23.0B	21.8B	13.7B
Operating Income	3.4B	(770M)	5.5B	14.6B	4.7B	3.5B
Ebit	3.4B	(770M)	5.5B	14.6B	7.1B	3.7B
Ebitda	9.4B	7.3B	13.9B	21.5B	14.0B	14.6B
Cost Of Revenue	14.3B	16.6B	18.1B	19.0B	18.1B	10.8B
Total Operating Expenses	3.3B	2.5B	3.2B	4.0B	3.7B	2.9B
Income Before Tax	186M	(15.7B)	3.7B	14.1B	6.4B	6.8B
Total Other Income Expense Net	(3.2B)	(14.9B)	(1.8B)	(494M)	821M	862.1M
Net Income	(507M)	(13.5B)	2.3B	13.3B	3.8B	3.9B
Income Tax Expense	693M	(2.2B)	915M	813M	1.7B	1.2B
Selling General Administrative	882M	864M	2.9B	2.7B	1.1B	1.4B
Extraordinary Items	10M	25M	(15M)	(1.3B)	(468M)	0.0
Net Income Applicable To Common Shares	(985M)	(15.7B)	1.5B	12.5B	11.3B	11.8B
Net Income From Continuing Ops	(507M)	(13.5B)	2.8B	13.3B	4.7B	4.9B
Non Recurring	1.9B	471M	405M	305M	350.8M	428.7M
Non Operating Income Net Other	606M	(53M)	753M	1.1B	1.3B	1.3B
Tax Provision	693M	(2.2B)	915M	813M	1.7B	1.8B
Interest Income	217M	3.1B	669M	388M	139M	132.1M
Net Interest Income	(849M)	(1.3B)	(1.4B)	(877M)	(806M)	(846.3M)
Reconciled Depreciation	6.0B	8.1B	8.4B	6.9B	6.9B	7.0B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Occidental Petroleum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Occidental Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Occidental Petroleum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Occidental Petroleum Stock:

How To Invest In Occidental

Details

Is Occidental Stock a good investment?

Details

What is Occidental Petroleum's Net Worth?

Details

Largest Oil, Gas & Consumable Fuels Companies

View

Largest Oil & Gas E&P Companies

View

For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Occidental Stock analysis

When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.

	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals

Is Occidental Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Occidental Petroleum. If investors know Occidental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Occidental Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.38)

Dividend Share

0.72

Earnings Share

3.9

Revenue Per Share

31.778

Quarterly Revenue Growth

(0.13)

The market value of Occidental Petroleum is measured differently than its book value, which is the value of Occidental that is recorded on the company's balance sheet. Investors also form their own opinion of Occidental Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Occidental Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Occidental Petroleum's market value can be influenced by many factors that don't directly affect Occidental Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Occidental Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Occidental Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Occidental Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Occidental Historical Income Statement

About Occidental Income Statement Analysis

Occidental Petroleum Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Occidental Petroleum income statement Correlations

Occidental Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Occidental Petroleum income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Occidental Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Reconciled Depreciation	+ 0.97	Interest Expense
Cost Of Revenue	+ 0.96	Other Operating Expenses
Net Income From Continuing Ops	+ 0.96	Income Before Tax
Ebit	+ 0.92	Gross Profit

Reconciled Depreciation	- 0.99	Net Interest Income
Net Interest Income	- 0.98	Interest Expense
Interest Income	- 0.92	Extraordinary Items
Net Interest Income	- 0.87	Depreciation And Amortization
Selling And Marketing Expenses	- 0.85	Net Interest Income
Reconciled Depreciation	- 0.79	Discontinued Operations