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Occidental Petroleum OXY Gain (Loss) on Disposition of Assets

Gain (Loss) on Disposition of Assets at other companies

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Segments

By segment

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Midstream and marketing-$149M-652%
Oil and gas-$29M-383%

Other financials

Income statement

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Revenue$5.2B-8.3%
Gross profit$5.8B-7.5%
Net income$3.4B+255%
EPS (diluted)$3.13+306%

Balance sheet

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Cash & equivalents$3.8B+45.6%
Total debt$17.6B-34.4%
Total equity$38.9B+12.2%
Total assets$80.5B-5.3%

Cash flow

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Operating cash flow$1.3B-40.4%
CapEx$1.6B-7.6%
Free cash flow-$273.0M-159%

Valuation

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Market cap$56.76B+34.6%
Enterprise value$70.49B+8.8%
P/E11.9×-4.7×
P/S2.8×+0.9×

Profitability

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Gross margin85.8%+1.8pp
Net margin23.9%+8.9pp
FCF margin16.8%-8.1pp

Returns & leverage

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Return on equity13%+3.1pp
Debt / equity0.5×-0.3×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Occidental Petroleum in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The source filing: Occidental Petroleum’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030584
millionsThree months ended March 31, 2026Three months ended March 31, 2025
Depreciation, depletion and amortization of assets1,7941,804
Deferred income tax provision (benefit)50(125)
Asset impairments and other charges105
Losses on sales of assets and other, net20219
Other noncash charges to income864243
Changes in operating assets and liabilities:
Increase in trade receivables(1,101)(19)
Increase in inventories(26)

Item 1. Financial Statements (unaudited)

FAQ

What is Occidental Petroleum's gain (loss) on disposition of assets?
Occidental Petroleum (OXY) reported gain (loss) on disposition of assets of -$202M in Q1 2026.
How has Occidental Petroleum's gain (loss) on disposition of assets changed year-over-year?
Occidental Petroleum's gain (loss) on disposition of assets decreased by 963.2% year-over-year, from -$19M to -$202M.
What is the long-term trend for Occidental Petroleum's gain (loss) on disposition of assets?
Over 4 years (2021 to 2025), Occidental Petroleum's gain (loss) on disposition of assets has grown at a 8.2% compound annual growth rate (CAGR), from $192M to $263M.
What does gain (loss) on disposition of assets mean?
This metric represents the difference between the proceeds received from the sale of assets and their net book value at the time of sale. It is adjusted out of operating cash flow to prevent distortion from non-recurring investment activities.

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