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Occidental Petroleum OXY Gas — Revenue from Contract with Customer, Excluding Assessed Tax

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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$50.94B+13.4%
Enterprise value$64.66B-6.4%
P/E10.7×-3.1×
P/S2.5×+0.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Occidental Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Occidental Petroleum's gas — revenue from contract with customer, excluding assessed tax?
Occidental Petroleum (OXY) reported gas — revenue from contract with customer, excluding assessed tax of $247M in Q1 2026.
How has Occidental Petroleum's gas — revenue from contract with customer, excluding assessed tax changed year-over-year?
Occidental Petroleum's gas — revenue from contract with customer, excluding assessed tax decreased by 46.9% year-over-year, from $465M to $247M.
What is the long-term trend for Occidental Petroleum's gas — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Occidental Petroleum's gas — revenue from contract with customer, excluding assessed tax has grown at a -6.8% compound annual growth rate (CAGR), from $1.82B to $1.37B.
What does gas — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total gross revenue generated from the sale of natural gas products to external customers, net of any sales-related taxes. It captures the primary top-line performance of the natural gas production segment, reflecting both realized market pricing and production volume levels. This figure is essential for evaluating the company's exposure to natural gas commodity price cycles and the operational scale of its gas-focused assets.