Occidental Petroleum Oil and gas — Transportation and gathering expense decreased by 4.9% to $391.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $407.00M to $391.00M. Over 3 years (FY 2022 to FY 2025), Oil and gas — Transportation and gathering expense shows an upward trend with a 5.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising costs may indicate increased logistics complexity or higher pipeline tariffs, while lower costs suggest improved midstream efficiency.
This metric tracks the costs incurred to move oil and gas from the wellhead to processing facilities or market hubs. It...
Standard operating expense category for upstream producers.
oxy_segment_oil_and_gas_transportation_and_gathering_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $348.25M | $348.25M | $348.25M | $348.25M | $356.75M | $356.75M | $356.75M | $356.75M | $348.00M | $400.00M | $400.00M | $435.00M | $407.00M | $403.00M | $408.00M | $411.00M | $391.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.4% | +0.0% | +0.0% | +0.0% | -2.5% | +14.9% | +0.0% | +8.8% | -6.4% | -1.0% | +1.2% | +0.7% | -4.9% |
| YoY Change | — | — | — | — | +2.4% | +2.4% | +2.4% | +2.4% | -2.5% | +12.1% | +12.1% | +21.9% | +17.0% | +0.8% | +2.0% | -5.5% | -3.9% |