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Occidental Petroleum OXY Other operating expenses

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Segments

By segment

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Oil and gas$273M+11.9%
Midstream and marketing$79M-2.5%

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:OtherCostAndExpenseOperating.

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
Significant segment expenses
Oil and gas lease operating expense1,1181,217
Transportation and gathering expense391407
Other operating and non-operating expense273244
Taxes other than on income252260
Depreciation, depletion and amortization1,6901,702
Other segment expenses (b)203150
Total$3,927$3,980

Item 1. Financial Statements (unaudited)

FAQ

What is Occidental Petroleum's other operating expenses?
Occidental Petroleum (OXY) reported other operating expenses of $356M in Q1 2026.
How has Occidental Petroleum's other operating expenses changed year-over-year?
Occidental Petroleum's other operating expenses increased by 9.2% year-over-year, from $326M to $356M.
What is the long-term trend for Occidental Petroleum's other operating expenses?
Over 4 years (2021 to 2025), Occidental Petroleum's other operating expenses has grown at a 8.8% compound annual growth rate (CAGR), from $1.07B to $1.49B.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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