Income StatementBalance SheetCash FlowSegments
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Occidental Petroleum Income Statement

Revenue, expenses, and profitability over time

Occidental Petroleum generated $20.0B in trailing twelve-month revenue, down 0.3% year-over-year. Net income was $6.9B with a 34.7% net margin. Diluted EPS is $6.26, which grew 2.4% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$20.0BGross Profit (TTM)$17.8BNet Income (TTM)$4.8BEps Diluted (TTM)$4.04
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$58.5B
P/E Ratio8.42
ROE18.86%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisition and integration costs$9.0M$6.0M$6.0M$1.0M$0.0$0.0
Dry Hole Expense$69.0M$55.0M$83.0M$66.0M$45.0M$110.0M
Exploration Expense$69.0M$55.0M$83.0M$66.0M$45.0M$110.0M
Depreciation and amortization$1.6B$1.8B$1.9B$2.1B$1.6B$1.8B
Other Costs and Expenses$231.0M$326.0M$497.0M$396.0M$271.0M$356.0M
Other operating charges$231.0M$326.0M$497.0M$396.0M$271.0M$356.0M
Taxes other than income taxes$283.0M$264.0M$269.0M$248.0M$249.0M$259.0M
Selling, general and administrative$174.0M$241.0M$284.0M$277.0M$158.0M$245.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share from continuing operations—$0.7$0.3$0.7—$0.1
Diluted earnings per share from continuing operations—$0.7$0.3$0.7—$0.1
Basic EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
Diluted EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
Diluted EPS from continuing operations—$0.7$0.3$0.7—$0.1
Diluted EPS from discontinued operations$0.0$0.1$0.0$0.0$0.3$3.1
Basic earnings per share—$0.81$0.27$0.67$0.00$3.19
Diluted earnings per share—$0.77$0.26$0.65$0.00$3.13
Continuing operations (in dollars per share)—$0.69$0.27$0.67—$0.05
Continuing operations (in dollars per share)—$0.65$0.26$0.65—$0.05
EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
Basic EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
Diluted EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
Basic EPS from Discontinued Operations$0.03$0.12$0.00$0.00$0.27$3.14
Diluted EPS from Discontinued Operations$0.02$0.12$0.00$0.00$0.26$3.08
Basic EPS from continuing operations—$0.7$0.3$0.7—$0.1
Diluted EPS from continuing operations—$0.7$0.3$0.7—$0.1
Diluted EPS from Continuing Operations—$0.7$0.3$0.7—$0.1
EPS from continuing operations—$0.7$0.3$0.7—$0.1
Discontinued operations per basic share$0.0$0.1$0.0$0.0$0.3$3.1
Discontinued operations per diluted share$0.0$0.1$0.0$0.0$0.3$3.1
Basic EPS from continuing operations—$0.7$0.3$0.7—$0.1

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$50.0M$114.0M$24.0M$170.0M—$136.0M
Other income (expense), net$50.0M$114.0M$24.0M$170.0M—$136.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$1.6B$4.9B$5.6B$5.8B——

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$0.0$1.2B$738.0M$1.2B$47.0M$390.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$0.0$347.0M$270.0M$324.0M$40.0M$154.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$0.0$945.0M$468.0M$842.0M$114.0M$3.4B
Income from Continuing Operations Attributable to Common Shareowners—$0.7$0.3$0.7—$0.1

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Costs and Other Deductions$2.4B$4.7B$5.7B$5.7B$1.9B$4.9B
Gain (Loss) on Disposition of Assets-$8.0M-$19.0M-$2.0M$34.0M$250.0M-$202.0M
Losses on sales of assets and other, net-$4.0M-$19.0M———-$202.0M
Income (Loss) From Continuing Operations Before Nonoperating Income (Expense), Equity Method Investments, Income Taxes, Noncontrolling Interest$0.0$1.1B$714.0M$996.0M$149.0M$254.0M
Interest and Debt Expense$321.0M$310.0M$276.0M$270.0M$215.0M$432.0M
Interest, dividends and other income$62.0M$53.0M$44.0M$59.0M$57.0M$81.0M
Preferred Stock Dividends and Other Adjustments$170.0M$170.0M$170.0M$169.0M$170.0M$170.0M
Asset impairments and other charges$335.0M$0.0$0.0$0.0$60.0M$120.0M
Purchased commodities and midstream cost of sales$107.8M$44.0M$44.0M$44.0M$44.0M—
Oil and gas lease operating expense$1.2B$1.2B$1.1B$1.2B$1.2B$1.1B
Revenues, Operating and Nonoperating$2.2B$5.7B$6.5B$6.7B$2.1B$5.1B
Taxes other than income taxes and other – net$283.0M$264.0M$269.0M$248.0M$249.0M$259.0M
Transportation and gathering expense$443.0M$452.0M$409.0M$416.0M$422.0M$421.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$2.1B$5.7B$6.4B$6.6B$1.8B$5.2B