Occidental Petroleum Other — Revenue from Contract with Customer, Excluding Assessed Tax decreased by 54.4% to $26.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $39.00M to $26.00M. Over 2 years (FY 2021 to FY 2023), Other — Revenue from Contract with Customer, Excluding Assessed Tax shows an upward trend with a 20.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests growth in secondary business lines or improved utilization of non-core assets, while a decrease may indicate a strategic shift away from these ancillary operations or reduced demand for non-core services.
This metric represents revenue generated from business activities outside of the company's primary oil and gas explorati...
Peers in the energy sector often report similar figures under 'Other' or 'Corporate and Other' segments, which typically include midstream, marketing, or chemical operations that are not part of the primary exploration and production business.
oxy_segment_other_revenue_from_contract_with_customer_excluding_assessed_tax| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.00M | $27.00M | $6.00M | $3.00M | $6.00M | $9.00M | $6.00M | -$15.00M | $10.00M | $37.00M | $6.00M | $5.00M | $39.00M | $24.00M | $39.00M | $27.00M | $57.00M | $26.00M |
| QoQ Change | — | +12.5% | -77.8% | -50.0% | +100.0% | +50.0% | -33.3% | -350.0% | +166.7% | +270.0% | -83.8% | -16.7% | +680.0% | -38.5% | +62.5% | -30.8% | +111.1% | -54.4% |
| YoY Change | — | — | — | — | -75.0% | -66.7% | +0.0% | -600.0% | +66.7% | +311.1% | +0.0% | +133.3% | +290.0% | -35.1% | +680.0% | -30.8% | +137.5% | -33.3% |