← OCCIDENTAL PETROLEUM CORP /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $10.1b
$12.5b +23.96%
$17.8b +42.50%
$18.7b +4.77%
$17.1b -8.27%
$26.0b +51.54%
$36.6b +41.12%
$28.3b -22.68%
$27.4b -3.22%
$21.6b -21.23%
$23.9b +10.80%
Gains (losses) on sales of assets and other, net — — — — — $192.0m $308.0m $522.0m ($16.0m) $263.0m —
Cost of Revenue $1.3b
$1.6b +23.96%
$2.2b +42.50%
$2.8b +26.14%
$2.4b -13.72%
$2.8b +15.12%
$3.3b +18.07%
$3.1b -4.80%
$3.1b +0.16%
$176.0m -94.36%
$13.9b +7815.34%
Purchased commodities and midstream cost of sales — — — — — — — $2.1b
$431.0m -79.63%
$176.0m -59.16%
—
Gross Profit (Calculated) $8.8b
$11.0b +23.96%
$15.6b +42.50%
$15.9b +1.74%
$14.7b -7.31%
$23.2b +57.50%
$33.0b +42.15%
$25.2b -23.52%
$24.3b -3.64%
$21.4b -11.93%
—
Selling, General and Administrative Expense — — $585.0m $893.0m $864.0m $863.0m $945.0m $1.1b $1.1b $986.0m $995.0m
Interest and debt expense, net $292.0m $345.0m $389.0m $1.1b $1.4b $1.6b $1.0b $945.0m $1.2b $1.1b —
Gain (Loss) on Derivative Instruments, Net, Pretax — — — $233.0m ($423.0m) $122.0m $317.0m $0 $0 — —
Income (Loss) from Equity Method Investments $181.0m $357.0m $331.0m $373.0m $370.0m $631.0m $793.0m $534.0m $862.0m $76.0m —
Interest, dividends and other income $106 $99 $136 $217 $118 $166 $153 $139 $171 $219 —
Other operating and non-operating expense — $878.0m $1.0b $1.4b $884.0m $1.1b $1.3b $1.1b $1.6b $1.6b —
Income before income taxes and other items ($1.8b) $971.0m $5.3b ($420.0m) ($15.7b) $3.0b $13.0b $5.9b $3.2b $3.1b $5.6b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($1.7b) $1.3b $5.6b $186.0m ($15.7b) $3.7b $14.1b $6.4b $4.1b $3.1b $5.6b
Current Income Tax Expense (Benefit) ($145.0m) $736.0m $1.1b $1.7b $345.0m $869.0m $2.5b $1.7b $1.6b $894.0m $1.5b
Income Tax Expense (Benefit) ($662.0m) $17.0m $1.5b $693.0m ($2.2b) $915.0m $813.0m $1.7b $1.2b $1.0b $1.5b
Net Income (Loss) Attributable to Parent ($574.0m)
$1.3b +328.40%
$4.1b +215.10%
($985.0m) -123.84%
($14.8b) -1405.69%
$1.5b +110.26%
$13.3b +774.11%
$4.7b -64.70%
$2.4b -49.38%
$1.6b -30.71%
$6.5b +296.78%
Net Income (Loss) Available to Common Stockholders, Basic ($574.0m)
$1.3b +327.35%
$4.1b +215.25%
($985.0m) -123.94%
($15.7b) -1491.37%
$1.5b +109.65%
$12.4b +721.49%
$3.8b -69.81%
$2.4b -36.96%
$1.6b -31.81%
$6.5b +305.40%
Less: Net income attributable to noncontrolling interest — $0 $0 ($145.0m) $0 $0 $0 $0 ($22.0m) ($43.0m) —
Net Income (Loss) Attributable to Noncontrolling Interest — $0 $0 $145.0m $0 $0 $0 $0 $22.0m $43.0m $6.5b
Less: Preferred stock dividends and redemption premiums — — $0 ($318.0m) ($844.0m) ($800.0m) ($800.0m) ($923.0m) ($679.0m) ($679.0m) —
Preferred Stock Dividends and Other Adjustments — — $0 ($318.0m) $844.0m $800.0m $800.0m $923.0m $679.0m $679.0m $679.0m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — $6.0m $17.0m $0 $0 $10.0m $83.0m $23.0m $13.0m $10.0m —
Discontinued operations—basic (in dollars per share) — $0.00 $0.00 ($0.02) ($1.41) ($0.50) $0.00 $0.00 $0.20 $0.27 —
Discontinued operations—diluted (in dollars per share) — $0.00 $0.00 ($0.02) ($1.41) ($0.48) $0.00 $0.00 $0.18 $0.26 —
Earnings Per Share, Basic ($0.75) $1.71 $5.40 ($1.22) ($17.06) $1.62 $13.41 $4.22 $2.59 $1.65 $6.57
Earnings Per Share, Diluted ($0.75) $1.70 $5.39 ($1.22) ($17.06) $1.58 $12.40 $3.90 $2.44 $1.61 $6.47
Income (Loss) from Continuing Operations, Per Basic Share ($1) $2 $5 ($1) ($16) $2 $13 $4 $2 $1 —
Income (Loss) from Continuing Operations, Per Diluted Share ($1) $2 $5 ($1) ($16) $2 $12 $4 $2 $1 —
Income from continuing operations—basic (in dollars per share) ($1.31) $1.71 $5.40 ($1.20) ($15.65) $2.12 $13.41 $4.22 $2.39 $1.38 —
Income from continuing operations—diluted (in dollars per share) ($1.31) $1.70 $5.39 ($1.20) ($15.65) $2.06 $12.40 $3.90 $2.26 $1.35 —
Common Stock, Dividends, Per Share, Declared $3.02 $3.06 $5.40 $3.14 $0.82 $0.04 $0.52 $0.72 $0.88 $0.96 —
Preferred Stock, Dividends Per Share, Declared $3.02 $3.06 $5.40 $3,489.00 $8,444.00 $8,000.00 $8,000.00 $8,000.00 $8,000.00 $8,000.00 $679,000,000.00
Weighted Average Number of Shares Outstanding, Basic 763.8m 765.1m 761.7m 809.5m 918.7m 935.0m 926.2m 889.2m 911.8m 975.5m 990.6m
Weighted Average Number of Shares Outstanding, Diluted 763.8m 765.9m 763.3m 809.5m 918.7m 958.8m 1.0b 960.9m 967.1m 1.0b 1.0b
Additional Financial Items
Acquisition-related costs — $0 $0 $1.6b $339.0m $153.0m $89.0m $26.0m $84.0m $13.0m —
Asset impairments and other charges $825.0m $545.0m $561.0m $1.4b $11.1b $304.0m $0 $209.0m $1.3b $60.0m $1.4b
Business Combination, Acquisition Related Costs — $0 $0 $1.6b $339.0m $153.0m $89.0m $26.0m $84.0m $13.0m —
Cost, Depreciation and Amortization $4.3b $4.0b $4.0b — — — — — — — —
Depreciation, depletion and amortization $4.3b $4.0b $4.0b $6.0b $8.1b $8.4b $6.9b $6.9b $7.4b $7.5b —
Environmental Remediation Expense — — — $112.0m $36.0m $28.0m $65.0m $79.0m $76.0m — —
Exploration expense $62.0m $82.0m $110.0m $246.0m $132.0m $252.0m $216.0m $441.0m $275.0m $249.0m —
Goodwill, Impairment Loss — — — $4.6b — — — — — — $1.4b
Income from continuing operations ($1.0b) $1.3b $4.1b ($507.0m) ($13.5b) $2.8b $13.3b $4.7b $2.9b $2.1b —
Income from discontinued operations, net of tax $428.0m $0 $0 ($15.0m) ($1.3b) ($468.0m) $0 $0 $182.0m $262.0m —
Income from equity investments and other $181.0m $357.0m $331.0m $373.0m $370.0m $631.0m $793.0m $534.0m $862.0m $76.0m —
Oil and gas lease operating expense — $2.4b $2.8b $3.2b $3.1b $3.2b $4.0b $4.7b $4.7b $4.7b —
Other Cost and Expense, Operating — $878.0m $1.0b $1.4b $884.0m $1.1b $1.3b $1.1b $1.6b $1.6b —
Taxes other than on income $277.0m $311.0m $439.0m $707.0m $622.0m $1.0b $1.5b $1.1b $1.0b $1.0b —
Taxes, Miscellaneous $277.0m $311.0m $439.0m $707.0m $622.0m $1.0b $1.5b $1.1b $1.0b $1.0b —
Total $10.4b $13.3b $18.9b $606.0m ($53.0m) $753.0m $1.1b $534.0m $862.0m $76.0m $23.9b
Transportation and gathering expense — — $152.0m $635.0m $1.6b $1.4b $1.5b $1.5b $1.6b $1.7b —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($1.0b) $1.3b $4.1b $186.0m — $3.7b $14.1b $6.4b $4.1b $3.1b —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($1.0b) $1.3b $4.1b ($507.0m) ($13.5b) $2.8b $13.3b $4.7b $2.9b $2.1b —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $428.0m $0 $0 $15.0m $1.3b $468.0m $0 $0 $182.0m $262.0m —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $428.0m $0 $0 ($15.0m) ($1.3b) ($468.0m) $0 $0 $182.0m $262.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.