Name: Occidental Petroleum Corp. (NYSE:OXY) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Occidental Petroleum Corp., income statement, revenues

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Oil	17,950)	21,356)	14,916)	9,888)	11,852)
NGL	1,991)	3,052)	2,528)	1,055)	921)
Gas	1,305)	2,733)	1,815)	986)	763)
Other	38)	24)	26)	66)	(6)
Oil and gas	21,284)	27,165)	19,285)	11,995)	13,530)
Chemical	5,315)	6,738)	5,243)	3,726)	4,080)
Midstream and marketing	2,625)	3,755)	2,525)	2,167)	2,328)
Eliminations	(899)	(1,424)	(1,094)	(758)	(1,264)
Revenue from customers	28,325)	36,234)	25,959)	17,130)	18,674)

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Item	Description	The company
Revenue from customers	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	Occidental Petroleum Corp. revenue from customers increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.