Discontinued — last reported Q3 '24

Business Segments · Income Tax Expense (Benefit)

Oil and gas — 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 expense relative to pre-tax income may indicate changes in tax legislation or shifts in the geographic mix of production toward higher-tax jurisdictions.

Detailed definition

This metric represents the total income tax provision or benefit specifically allocated to the oil and gas exploration a...

Peer comparison

Standard across all E&P companies, though heavily influenced by specific regional tax regimes and production sharing agreements.

Metric ID: oxy_segment_oil_and_gas_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 oil and gas — income tax expense (benefit)?
Occidental Petroleum (OXY) reported oil and gas — income tax expense (benefit) of $0.00 in Q3 2024.
What does oil and gas — income tax expense (benefit) mean?
The total income tax expense or benefit attributable to the oil and gas business segment.