Stock Analysis on Net

Occidental Petroleum Corp. (NYSE:OXY)

Analysis of Revenues 

Microsoft Excel

Revenues as Reported

Occidental Petroleum Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Oil 18,544 17,950 21,356 14,916 9,888
NGL 2,255 1,991 3,052 2,528 1,055
Gas 875 1,305 2,733 1,815 986
Other 31 38 24 26 66
Oil and gas 21,705 21,284 27,165 19,285 11,995
Chemical 4,920 5,315 6,738 5,243 3,726
Midstream and marketing 1,653 2,625 3,755 2,525 2,167
Eliminations (865) (899) (1,424) (1,094) (758)
Revenue from customers 27,413 28,325 36,234 25,959 17,130

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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 decreased from 2022 to 2023 and from 2023 to 2024.