Oil — Revenue from Contract with Customer, Excluding Assessed Tax
Occidental Petroleum Oil — Revenue from Contract with Customer, Excluding Assessed Tax increased by 11.3% to $4.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $4.51B to $4.52B. Over 4 years (FY 2021 to FY 2025), Oil — Revenue from Contract with Customer, Excluding Assessed Tax shows an upward trend with a 3.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher production volumes or favorable market pricing for crude oil, while a decrease may indicate lower output, operational disruptions, or declining global oil prices.
Detailed definition
This metric represents the total gross revenue generated from the sale of crude oil products to external customers, net...
Peer comparison
This is a standard revenue line item for upstream energy companies, comparable to 'Oil and Gas Sales' or 'Upstream Revenue' reported by peers in the exploration and production sector.
oxy_segment_oil_revenue_from_contract_with_customer_excluding_assessed_taxHistorical 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.71B | $3.82B | $4.37B | $4.80B | $6.04B | $5.43B | $5.09B | $4.37B | $4.24B | $4.74B | $4.60B | $4.12B | $4.77B | $4.93B | $4.72B | $4.51B | $4.15B | $4.46B | $4.06B | $4.52B |
| QoQ Change | — | +3.0% | +14.3% | +9.8% | +25.9% | -10.1% | -6.3% | -14.1% | -2.9% | +11.7% | -2.9% | -10.5% | +15.8% | +3.3% | -4.2% | -4.6% | -8.0% | +7.5% | -8.9% | +11.3% |
| YoY Change | — | — | — | — | +62.8% | +42.1% | +16.4% | -9.0% | -29.8% | -12.7% | -9.5% | -5.7% | +12.5% | +4.0% | +2.6% | +9.3% | -13.1% | -9.6% | -13.9% | +0.4% |
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Frequently Asked Questions
- What is Occidental Petroleum's oil — revenue from contract with customer, excluding assessed tax?
- Occidental Petroleum (OXY) reported oil — revenue from contract with customer, excluding assessed tax of $4.52B in Q1 2026.
- How has Occidental Petroleum's oil — revenue from contract with customer, excluding assessed tax changed year-over-year?
- Occidental Petroleum's oil — revenue from contract with customer, excluding assessed tax increased by 0.4% year-over-year, from $4.51B to $4.52B.
- What is the long-term trend for Occidental Petroleum's oil — revenue from contract with customer, excluding assessed tax?
- Over 4 years (2021 to 2025), Occidental Petroleum's oil — revenue from contract with customer, excluding assessed tax has grown at a 3.6% compound annual growth rate (CAGR), from $14.92B to $17.17B.
- What does oil — revenue from contract with customer, excluding assessed tax mean?
- The total revenue earned from selling crude oil, excluding taxes and government levies.