Discontinued — last reported Q3 '24
Midstream and marketing — Income from Continuing Ops
Occidental Petroleum Midstream and marketing — Income from Continuing Ops increased by 444.0% to $631.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 585.4%, from -$130.00M to $631.00M. Over 2 years (FY 2021 to FY 2023), Midstream and marketing — Income from Continuing Ops shows a downward trend with a -69.4% CAGR. 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 and effective management of commodity price spreads and logistics costs.
Detailed definition
This metric measures the operating profitability of the midstream and marketing segment after accounting for all related...
Peer comparison
Peer companies in the energy sector report similar segment earnings, often benchmarked against midstream throughput volumes and marketing margins.
oxy_segment_midstream_and_marketing_income_from_continuing_operationsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $64.25M | $64.25M | $64.25M | $68.25M | $68.25M | $68.25M | $68.25M | $2.00M | -$30.00M | -$130.00M | $182.00M | -$33.00M | $116.00M | $631.00M |
| QoQ Change | — | +0.0% | +0.0% | +6.2% | +0.0% | +0.0% | +0.0% | -97.1% | <-999% | -333.3% | +240.0% | -118.1% | +451.5% | +444.0% |
| YoY Change | — | — | — | — | +6.2% | +6.2% | +6.2% | -97.1% | -144.0% | -290.5% | +166.7% | <-999% | +486.7% | +585.4% |
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Frequently Asked Questions
- What is Occidental Petroleum's midstream and marketing — income from continuing ops?
- Occidental Petroleum (OXY) reported midstream and marketing — income from continuing ops of $631.00M in Q3 2024.
- How has Occidental Petroleum's midstream and marketing — income from continuing ops changed year-over-year?
- Occidental Petroleum's midstream and marketing — income from continuing ops increased by 585.4% year-over-year, from -$130.00M to $631.00M.
- What is the long-term trend for Occidental Petroleum's midstream and marketing — income from continuing ops?
- Over 2 years (2021 to 2023), Occidental Petroleum's midstream and marketing — income from continuing ops has grown at a -69.4% compound annual growth rate (CAGR), from $257.00M to $24.00M.
- What does midstream and marketing — income from continuing ops mean?
- The net profit generated by the midstream and marketing segment from its ongoing business activities.