Discontinued — last reported Q3 '24

Business Segments · Income Tax Expense (Benefit)

Chemical — Income Tax Expense (Benefit)

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toIncome Tax

How to read this metric

An increase in tax expense relative to segment income may indicate higher effective tax rates or reduced tax benefits, while a decrease may suggest tax efficiencies or changes in jurisdictional tax laws.

Detailed definition

This metric represents the portion of the total corporate income tax provision that is specifically attributable to the...

Peer comparison

Comparable to segment-level tax provisions reported by diversified industrial or chemical peers, though often influenced by specific regional tax incentives.

Metric ID: oxy_segment_chemical_income_tax_expense_benefit

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Range$0.00$0.00

Frequently Asked Questions

What is Occidental Petroleum's chemical — income tax expense (benefit)?
Occidental Petroleum (OXY) reported chemical — income tax expense (benefit) of $0.00 in Q3 2024.
What does chemical — income tax expense (benefit) mean?
The amount of income tax expense or benefit allocated to the chemical business segment.