Occidental Petroleum (OXY) Revenue & Revenue Breakdown

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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

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
2024-09-30	$7.17B	5.22%
2024-06-30	$6.82B	14.09%
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 $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/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	Sep 24	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
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

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	Sep 24	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
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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
COP	ConocoPhillips	$82.16B	$13.60B
OXY	Occidental Petroleum	$28.26B	$7.17B
EOG	EOG Resources	$23.18B	$5.97B
DVN	Devon Energy	$15.26B	$3.84B
FANG	Diamondback Energy	$8.34B	$2.65B
APA	APA	$8.28B	$2.53B
PR	Permian Resources	$3.12B	$1.22B
CTRA	Coterra 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.