Occidental Petroleum (OXY) Revenue & Revenue Breakdown
Occidental Petroleum Revenue Highlights
Latest Revenue (Y)
$28.26B
Latest Revenue (Q)
$5.97B
Main Segment (Y)
Oil And Gas Segment
Main Geography (Y)
Non-US
Occidental Petroleum Revenue by Period
Occidental Petroleum Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $28.26B | -22.87% |
| 2022-12-31 | $36.63B | 41.14% |
| 2021-12-31 | $25.96B | 45.75% |
| 2020-12-31 | $17.81B | -12.67% |
| 2019-12-31 | $20.39B | 14.41% |
| 2018-12-31 | $17.82B | 42.50% |
| 2017-12-31 | $12.51B | 23.96% |
| 2016-12-31 | $10.09B | -19.15% |
| 2015-12-31 | $12.48B | -35.38% |
| 2014-12-31 | $19.31B | -21.03% |
| 2013-12-31 | $24.45B | 1.17% |
| 2012-12-31 | $24.17B | 0.91% |
| 2011-12-31 | $23.95B | 25.04% |
| 2010-12-31 | $19.16B | 23.35% |
| 2009-12-31 | $15.53B | -36.56% |
| 2008-12-31 | $24.48B | 22.32% |
| 2007-12-31 | $20.01B | 10.20% |
| 2006-12-31 | $18.16B | 11.69% |
| 2005-12-31 | $16.26B | 43.02% |
| 2004-12-31 | $11.37B | 21.90% |
| 2003-12-31 | $9.33B | 27.09% |
| 2002-12-31 | $7.34B | -47.53% |
| 2001-12-31 | $13.98B | 3.03% |
| 2000-12-31 | $13.57B | 78.37% |
| 1999-12-31 | $7.61B | 15.37% |
| 1998-12-31 | $6.60B | -17.71% |
| 1997-12-31 | $8.02B | -24.07% |
| 1996-12-31 | $10.56B | 1.29% |
| 1995-12-31 | $10.42B | 12.85% |
| 1994-12-31 | $9.24B | 13.80% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $5.97B | -16.69% |
| 2023-12-31 | $7.17B | 0.20% |
| 2023-09-30 | $7.16B | 6.80% |
| 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 | $10.68B | 27.87% |
| 2022-03-31 | $8.35B | 5.51% |
| 2021-12-31 | $7.91B | 16.50% |
| 2021-09-30 | $6.79B | 14.00% |
| 2021-06-30 | $5.96B | 12.56% |
| 2021-03-31 | $5.29B | 27.24% |
| 2020-12-31 | $4.16B | 1.27% |
| 2020-09-30 | $4.11B | 40.30% |
| 2020-06-30 | $2.93B | -54.32% |
| 2020-03-31 | $6.41B | 2.04% |
| 2019-12-31 | $6.28B | 10.46% |
| 2019-09-30 | $5.69B | 28.67% |
| 2019-06-30 | $4.42B | 10.39% |
| 2019-03-31 | $4.00B | -15.92% |
| 2018-12-31 | $4.76B | -8.70% |
| 2018-09-30 | $5.22B | 27.75% |
| 2018-06-30 | $4.08B | 8.50% |
| 2018-03-31 | $3.76B | 7.76% |
| 2017-12-31 | $3.49B | 16.44% |
| 2017-09-30 | $3.00B | -1.99% |
| 2017-06-30 | $3.06B | 3.48% |
| 2017-03-31 | $2.96B | 6.06% |
| 2016-12-31 | $2.79B | 5.29% |
| 2016-09-30 | $2.65B | 4.62% |
| 2016-06-30 | $2.53B | 19.22% |
| 2016-03-31 | $2.12B | -24.34% |
| 2015-12-31 | $2.81B | -9.95% |
| 2015-09-30 | $3.12B | -10.18% |
| 2015-06-30 | $3.47B | 12.30% |
| 2015-03-31 | $3.09B | 224.13% |
| 2014-12-31 | $953.00M | -84.11% |
| 2014-09-30 | $6.00B | -4.45% |
| 2014-06-30 | $6.28B | 3.07% |
| 2014-03-31 | $6.09B | -1.36% |
| 2013-12-31 | $6.17B | -4.30% |
| 2013-09-30 | $6.45B | 8.17% |
| 2013-06-30 | $5.96B | 1.53% |
| 2013-03-31 | $5.87B | -4.85% |
| 2012-12-31 | $6.17B | 3.45% |
| 2012-09-30 | $5.96B | 3.42% |
| 2012-06-30 | $5.77B | -7.98% |
| 2012-03-31 | $6.27B | 3.62% |
| 2011-12-31 | $6.05B | 0.72% |
| 2011-09-30 | $6.01B | -2.71% |
| 2011-06-30 | $6.17B | 7.81% |
| 2011-03-31 | $5.73B | 21.11% |
| 2010-12-31 | $4.73B | -3.55% |
| 2010-09-30 | $4.90B | 2.23% |
| 2010-06-30 | $4.79B | 0.04% |
| 2010-03-31 | $4.79B | 4.65% |
| 2009-12-31 | $4.58B | 11.00% |
| 2009-09-30 | $4.13B | 10.85% |
| 2009-06-30 | $3.72B | 19.95% |
| 2009-03-31 | $3.10B | -27.57% |
| 2008-12-31 | $4.28B | -39.32% |
| 2008-09-30 | $7.06B | -0.79% |
| 2008-06-30 | $7.12B | 18.21% |
| 2008-03-31 | $6.02B | -10.76% |
| 2007-12-31 | $6.75B | 39.35% |
| 2007-09-30 | $4.84B | 9.75% |
| 2007-06-30 | $4.41B | 7.38% |
| 2007-03-31 | $4.11B | - |
Occidental Petroleum generated $5.97B in revenue during Q1 2024, up -16.69% compared to the previous quarter, and up 72.70% compared to the same period a year ago.
Occidental Petroleum Revenue Breakdown
Occidental Petroleum Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chemical Segment | $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 | $993.00M | - | - | - | - | - | - |
| Oil And Gas Segment | $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 | $2.72B |
| Midstream Segment | $856.00M | $379.00M | $598.00M | $387.00M | $172.00M | $409.00M | $225.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 Mar 24: Oil And Gas Segment (70.65%), Chemical Segment (17.05%), and Midstream Segment (12.30%).
Occidental Petroleum Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | $1.12B | $2.24B | $1.10B | $1.15B | - | - | - | - | - | - | - | - | - | - | - |
| UNITED STATES | - | - | $6.47B | $5.68B | $4.42B | $2.45B | $686.00M | - | - | - | - | - | - | - | - |
| Midstream Segment | - | - | - | - | $379.00M | $598.00M | $387.00M | $172.00M | $225.00M | $409.00M | - | - | - | - | - |
| Middle East | - | - | - | - | - | - | - | - | $908.00M | $1.00B | $889.00M | - | - | - | - |
| Other Countries Excluding Us Middle East Latin America | - | - | - | - | - | - | - | - | $53.00M | $19.00M | $21.00M | - | - | - | - |
| Latin America | - | - | - | - | - | - | - | - | $218.00M | $182.00M | $174.00M | - | - | - | - |
| U | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.00M | $1.39B |
Occidental Petroleum's latest quarterly revenue breakdown by geography, as of Mar 24: Non-US (100.00%).
Occidental Petroleum Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| COP | ConocoPhillips | $82.16B | $14.14B |
| OXY | Occidental Petroleum | $28.26B | $5.97B |
| EOG | EOG Resources | $23.18B | $6.00B |
| DVN | Devon Energy | $15.26B | $3.74B |
| FANG | Diamondback Energy | $8.34B | $2.48B |
| APA | APA | $8.28B | $2.54B |
| MRO | Marathon Oil | $6.41B | $1.71B |
| PR | Permian Resources | $3.12B | $1.25B |
| CTRA | Coterra Energy | $2.37B | $337.00M |
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 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). The company's quarterly revenue for Q4 2023 was $7.17B, a 0.20% increase from the previous quarter (Q3 2023), and a -12.74% decrease year-over-year (Q4 2022). OXY's quarterly revenue for Q3 2023 was $7.16B, a 6.80% increase from the previous quarter (Q2 2023), and a -23.77% decrease year-over-year (Q3 2022).
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.