Discontinued — last reported Q3 '24
Business Segments · Income Tax Expense (Benefit)
Midstream and marketing — 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 typically signals higher taxable income within the segment, while a tax benefit may indicate operational losses or specific tax credits applied to the segment.
Detailed definition
This metric represents the portion of the total income tax expense or benefit allocated specifically to the midstream an...
Peer comparison
Most integrated oil and gas companies report segment-level tax allocations, though methodologies vary based on corporate tax planning strategies.
Metric ID:
oxy_segment_midstream_and_marketing_income_tax_expense_benefitHistorical Data
14 periods
| 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 | $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
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Frequently Asked Questions
- What is Occidental Petroleum's midstream and marketing — income tax expense (benefit)?
- Occidental Petroleum (OXY) reported midstream and marketing — income tax expense (benefit) of $0.00 in Q3 2024.
- What does midstream and marketing — income tax expense (benefit) mean?
- The amount of income tax expense or benefit attributable to the midstream and marketing business segment.