Discontinued — last reported Q3 '24
Chemical — Income from Continuing Ops
Occidental Petroleum Chemical — Income from Continuing Ops increased by 2.7% to $304.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 18.5%, from $373.00M to $304.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher income indicates strong operational performance, effective cost management, and favorable market pricing for chemical products, whereas declining income suggests margin compression or reduced demand.
Detailed definition
This metric measures the profitability of the chemical segment by calculating the earnings generated from ongoing busine...
Peer comparison
Comparable to segment operating income or EBIT reported by other integrated energy or chemical manufacturing companies.
oxy_segment_chemical_income_from_continuing_operationsHistorical Data
| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|
| Value | $472.00M | $436.00M | $373.00M | $254.00M | $296.00M | $304.00M |
| QoQ Change | — | -7.6% | -14.4% | -31.9% | +16.5% | +2.7% |
| YoY Change | — | — | — | -46.2% | -32.1% | -18.5% |
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Frequently Asked Questions
- What is Occidental Petroleum's chemical — income from continuing ops?
- Occidental Petroleum (OXY) reported chemical — income from continuing ops of $304.00M in Q3 2024.
- How has Occidental Petroleum's chemical — income from continuing ops changed year-over-year?
- Occidental Petroleum's chemical — income from continuing ops decreased by 18.5% year-over-year, from $373.00M to $304.00M.
- What does chemical — income from continuing ops mean?
- The operating profit generated specifically by the chemical business segment from its core activities.