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Occidental Petroleum (OXY) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Occidental Petroleum Revenue Highlights

Latest Revenue (Y)

$28.26B

Latest Revenue (Q)

$7.17B

Main Segment (Y)

Oil And Gas Segment

Main Geography (Y)

Non-US

Occidental Petroleum Revenue by Period

Occidental Petroleum Revenue by Year

DateRevenueChange
2023-12-31$28.26B-22.87%
2022-12-31$36.63B41.14%
2021-12-31$25.96B45.75%
2020-12-31$17.81B-12.67%
2019-12-31$20.39B14.41%
2018-12-31$17.82B42.50%
2017-12-31$12.51B23.96%
2016-12-31$10.09B-19.15%
2015-12-31$12.48B-35.38%
2014-12-31$19.31B-21.03%
2013-12-31$24.45B1.17%
2012-12-31$24.17B0.91%
2011-12-31$23.95B25.04%
2010-12-31$19.16B23.35%
2009-12-31$15.53B-36.56%
2008-12-31$24.48B22.32%
2007-12-31$20.01B10.20%
2006-12-31$18.16B11.69%
2005-12-31$16.26B43.02%
2004-12-31$11.37B21.90%
2003-12-31$9.33B27.09%
2002-12-31$7.34B-47.53%
2001-12-31$13.98B3.03%
2000-12-31$13.57B78.37%
1999-12-31$7.61B15.37%
1998-12-31$6.60B-17.71%
1997-12-31$8.02B-24.07%
1996-12-31$10.56B1.29%
1995-12-31$10.42B12.85%
1994-12-31$9.24B13.80%
1993-12-31$8.12B-

Occidental Petroleum generated $28.26B in revenue during NA 2023, up -22.87% compared to the previous quarter, and up 158.53% compared to the same period a year ago.

Occidental Petroleum Revenue by Quarter

DateRevenueChange
2024-09-30$7.17B5.22%
2024-06-30$6.82B14.09%
2024-03-31$5.97B-16.69%
2023-12-31$7.17B0.20%
2023-09-30$7.16B6.80%
2023-06-30$6.70B-7.24%
2023-03-31$7.22B-12.09%
2022-12-31$8.22B-12.47%
2022-09-30$9.39B-12.05%
2022-06-30$10.68B27.87%
2022-03-31$8.35B5.51%
2021-12-31$7.91B16.50%
2021-09-30$6.79B14.00%
2021-06-30$5.96B12.56%
2021-03-31$5.29B27.24%
2020-12-31$4.16B1.27%
2020-09-30$4.11B40.30%
2020-06-30$2.93B-54.32%
2020-03-31$6.41B2.04%
2019-12-31$6.28B10.46%
2019-09-30$5.69B28.67%
2019-06-30$4.42B10.39%
2019-03-31$4.00B-15.92%
2018-12-31$4.76B-8.70%
2018-09-30$5.22B27.75%
2018-06-30$4.08B8.50%
2018-03-31$3.76B7.76%
2017-12-31$3.49B16.44%
2017-09-30$3.00B-1.99%
2017-06-30$3.06B3.48%
2017-03-31$2.96B6.06%
2016-12-31$2.79B5.29%
2016-09-30$2.65B4.62%
2016-06-30$2.53B19.22%
2016-03-31$2.12B-24.34%
2015-12-31$2.81B-9.95%
2015-09-30$3.12B-10.18%
2015-06-30$3.47B12.30%
2015-03-31$3.09B224.13%
2014-12-31$953.00M-84.11%
2014-09-30$6.00B-4.45%
2014-06-30$6.28B3.07%
2014-03-31$6.09B-1.36%
2013-12-31$6.17B-4.30%
2013-09-30$6.45B8.17%
2013-06-30$5.96B1.53%
2013-03-31$5.87B-4.85%
2012-12-31$6.17B3.45%
2012-09-30$5.96B3.42%
2012-06-30$5.77B-7.98%
2012-03-31$6.27B3.62%
2011-12-31$6.05B0.72%
2011-09-30$6.01B-2.71%
2011-06-30$6.17B7.81%
2011-03-31$5.73B21.11%
2010-12-31$4.73B-3.55%
2010-09-30$4.90B2.23%
2010-06-30$4.79B0.04%
2010-03-31$4.79B4.65%
2009-12-31$4.58B11.00%
2009-09-30$4.13B10.85%
2009-06-30$3.72B19.95%
2009-03-31$3.10B-27.57%
2008-12-31$4.28B-39.32%
2008-09-30$7.06B-0.79%
2008-06-30$7.12B18.21%
2008-03-31$6.02B-10.76%
2007-12-31$6.75B39.35%
2007-09-30$4.84B9.75%
2007-06-30$4.41B7.38%
2007-03-31$4.11B-

Occidental Petroleum generated $7.17B in revenue during Q3 2024, up 5.22% compared to the previous quarter, and up 107.03% compared to the same period a year ago.

Occidental Petroleum Revenue Breakdown

Occidental Petroleum Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Oil And Gas Segment$21.28B$27.16B$18.94B$13.07B$13.53B
Chemical Segment$5.32B$4.08B---
Midstream And Marketing$2.63B$4.14B$2.86B$1.77B-
Chemical-$6.76B$5.25B$3.73B-
Midstream Segment----$2.33B

Occidental Petroleum's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil And Gas Segment (72.83%), Chemical Segment (18.19%), and Midstream And Marketing (8.98%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Midstream Segment$440.00M$856.00M$379.00M$598.00M$387.00M$172.00M$409.00M-------------
Oil And Gas Segment$5.70B$4.92B$5.42B$5.59B$4.94B$5.33B$6.30B$7.10B$7.70B$6.08B$5.82B$4.96B$4.50B$3.66B$2.98B$2.88B$2.03B$3.90B$4.71B$3.75B
Chemical Segment$1.25B$1.19B$1.23B$1.31B$1.38B$1.41B$1.47B$1.69B$1.91B$939.00M$839.00M$961.00M$971.00M$1.06B------
Midstream And Marketing--$592.00M$666.00M$616.00M$751.00M$1.00B$1.47B$882.00M$857.00M$702.00M$497.00M$807.00M$410.00M------
Chemical---------$1.68B$1.57B$1.40B$1.19B$1.09B$988.00M-----
Western Midstream Partners LP-------------------$383.00M

Occidental Petroleum's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Oil And Gas Segment (77.16%), Chemical Segment (16.88%), and Midstream Segment (5.96%).

Occidental Petroleum Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Non-US$4.49B----
Outside Of North America-$5.50B$4.20B$3.40B$4.60B

Occidental Petroleum's latest annual revenue breakdown by geography, as of Dec 23: Non-US (100.00%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
UNITED STATES$17.87B$6.47B$5.68B$4.42B$2.45B$686.00M----------
Non-US$3.33B$1.12B$2.24B$1.10B$1.15B-----------
Midstream Segment-----$379.00M$598.00M$387.00M$172.00M$225.00M$409.00M-----
Latin America---------$218.00M$182.00M$174.00M----
Middle East---------$908.00M$1.00B$889.00M----
Other Countries Excluding Us Middle East Latin America---------$53.00M$19.00M$21.00M----
U--------------$2.00M$1.39B

Occidental Petroleum's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (84.29%), and Non-US (15.71%).

Occidental Petroleum Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
COPConocoPhillips$82.16B$13.60B
OXYOccidental Petroleum$28.26B$7.17B
EOGEOG Resources$23.18B$5.97B
DVNDevon Energy$15.26B$3.84B
FANGDiamondback Energy$8.34B$2.65B
APAAPA$8.28B$2.53B
MROMarathon Oil$6.41B$1.79B
PRPermian Resources$3.12B$1.22B
CTRACoterra Energy$2.37B$344.00M

OXY Revenue FAQ

What is Occidental Petroleum’s yearly revenue?

Occidental Petroleum's yearly revenue for 2023 was $28.26B, representing a decrease of -22.87% compared to 2022. The company's yearly revenue for 2022 was $36.63B, representing an increase of 41.14% compared to 2021. OXY's yearly revenue for 2021 was $25.96B, representing an increase of 45.75% compared to 2020.

What is Occidental Petroleum’s quarterly revenue?

Occidental Petroleum's quarterly revenue for Q3 2024 was $7.17B, a 5.22% increase from the previous quarter (Q2 2024), and a 0.21% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.82B, a 14.09% increase from the previous quarter (Q1 2024), and a 1.72% increase year-over-year (Q2 2023). OXY's quarterly revenue for Q1 2024 was $5.98B, a -16.69% decrease from the previous quarter (Q4 2023), and a -17.30% decrease year-over-year (Q1 2023).

What is Occidental Petroleum’s revenue growth rate?

Occidental Petroleum's revenue growth rate for the last 3 years (2021-2023) was 8.87%, and for the last 5 years (2019-2023) was 38.56%.

What are Occidental Petroleum’s revenue streams?

Occidental Petroleum's revenue streams in c 23 are Oil And Gas Segment, Chemical Segment, and Midstream And Marketing. Oil And Gas Segment generated $21.28B in revenue, accounting 72.83% of the company's total revenue, down -21.65% year-over-year. Chemical Segment generated $5.32B in revenue, accounting 18.19% of the company's total revenue, up 30.27% year-over-year. Midstream And Marketing generated $2.62B in revenue, accounting 8.98% of the company's total revenue, down -36.53% year-over-year.

What is Occidental Petroleum’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Occidental Petroleum was Oil And Gas Segment. This segment made a revenue of $21.28B, representing 72.83% of the company's total revenue.