Occidental Petroleum OXY Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Operating and Nonoperating by Business | ||||||
| Midstream and marketing | $248M+24.0% | $685M+735% | $401M-58.0% | $464M+32.2% | $200M+58.7% | |
| Oil and gas | $4.95B-12.9% | $4.76B-15.2% | $5.38B+4.7% | $5.01B-8.6% | $5.68B+15.4% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Midstream and marketing | $397M+40.8% | $271M+63.3% | $365M-17.0% | $426M+51.1% | $282M-67.1% | |
| Oil and gas | $5.31B-6.5% | $4.81B-14.5% | $5.4B-5.1% | $5.01B-8.4% | $5.68B+15.6% | |
| Gains (losses) on sales of assets and other, net by Business | ||||||
| Midstream and marketing | -$149M-652% | $341M+1,906% | $95M-81.6% | $38M-44.9% | $27M0.0% | |
| Oil and gas | -$29M-383% | -$42M-740% | -$20M+96.4% | -$2M-129% | -$6M-300% | |
| Income from continuing operations before income taxes by Business | ||||||
| Midstream and marketing | -$87M-20.8% | $187M— | $93M-85.3% | $49M-57.8% | -$72M-118% | |
| Oil and gas | $1.02B-40.1% | $655M-44.1% | $1.3B+11.6% | $934M-43.0% | $1.7B+37.1% | |
| Total Assets by Business | ||||||
| Midstream and marketing | $15.22B+7.9% | $13.9B+5.5% | $13.79B-3.0% | $13.66B-9.0% | $14.11B+3.5% | |
| Oil and gas | $60.41B-2.2% | $60.39B-5.0% | $60.55B-5.5% | $61.71B+14.9% | $61.77B+14.9% | |
| Income (Loss) From Continuing Operations Before Nonoperating Income (Expense), Equity Method Investments, Income Taxes, Noncontrolling Interest by Business | ||||||
| Midstream and marketing | -$225M-21.0% | $357M+225% | -$50M-110% | $42M+140% | -$186M+42.6% | |
| Oil and gas | $1.02B-40.0% | $664M-43.7% | $1.3B+10.5% | $945M-42.6% | $1.7B+35.5% | |
| Other operating and non-operating expense by Business | ||||||
| Midstream and marketing | $79M-2.5% | $83M+7.8% | $93M+52.5% | $98M+55.6% | $81M-8.0% | |
| Oil and gas | $273M+11.9% | $299M+14.1% | $261M+14.5% | $357M+53.2% | $244M-10.9% | |
| Other segment expenses by Business | ||||||
| Midstream and marketing | $34M+17.2% | $55M+41.0% | $41M-25.5% | $37M+23.3% | $29M+7.4% | |
| Oil and gas | $203M+35.3% | $138M-72.4% | $158M+1.3% | $187M+2.2% | $150M-2.6% | |
| Income from equity investments and other by Business | ||||||
| Midstream and marketing | $138M+21.1% | —— | $143M-5.3% | $7M-96.8% | $114M-60.8% | |
| Oil and gas | -$2M— | -$9M-12.5% | $2M+120% | -$11M-83.3% | $0+100% | |
| Property, Plant and Equipment, Net by Business | ||||||
| Midstream and marketing | $6.25B— | $6.37B— | —— | —— | —— | |
| Oil and gas | $56.22B— | $56.6B— | —— | —— | —— | |
| Property Plant and Equipment, Gross by Business | ||||||
| Midstream and marketing | $8.82B— | $9.64B— | —— | —— | —— | |
| Oil and gas | $128.08B— | $126.9B— | —— | —— | —— | |
| Segment, Expenditure, Addition to Long-Lived Assets by Business | ||||||
| Midstream and marketing | $192M+29.7% | $253M+3.7% | $210M-17.3% | $195M-13.3% | $148M-28.5% | |
| Oil and gas | $1.4B-10.6% | $1.28B+1.5% | $1.32B+2.4% | $1.54B+12.5% | $1.57B+5.0% | |
| Costs and Other Deductions by Business | ||||||
| Midstream and marketing | $473M+22.5% | $328M-10.9% | $451M-5.1% | $422M-7.3% | $386M-14.2% | |
| Oil and gas | $3.93B-1.3% | $4.1B-7.6% | $4.09B+3.0% | $4.06B+6.0% | $3.98B+8.6% | |
| Transportation and gathering expense by Business | ||||||
| Midstream and marketing | $184M-9.4% | —— | —— | —— | $203M— | |
| Oil and gas | $391M-3.9% | $411M-5.5% | $408M+2.0% | $403M+0.8% | $407M+17.0% | |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment by Business | ||||||
| Midstream and marketing | $2.58B— | $3.27B— | —— | —— | —— | |
| Oil and gas | $71.86B— | $70.29B— | —— | —— | —— | |
| Depreciation, depletion and amortization by Business | ||||||
| Midstream and marketing | $71M-2.7% | $32M+33.3% | $87M+4.8% | $88M+7.3% | $73M-13.1% | |
| Oil and gas | $1.69B-0.7% | $1.85B+4.5% | $1.84B+7.0% | $1.72B+9.2% | $1.7B+13.7% | |
| Investments in unconsolidated entities by Business | ||||||
| Midstream and marketing | $2.2B-11.9% | $2.35B-8.1% | $2.38B-7.6% | $2.34B-17.5% | $2.5B-9.4% | |
| Oil and gas | $137M+19.1% | $129M+37.2% | $126M+29.9% | $115M+29.2% | $115M+25.0% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Gas | $247M-46.9% | $280M-4.1% | $331M+119% | $293M+85.4% | $465M+69.7% | |
| NGL | $518M-23.1% | $475M-26.7% | $557M-5.9% | $543M+8.6% | $674M+30.9% | |
| Oil | $4.52B+0.4% | $4.06B-13.9% | $4.46B-9.6% | $4.15B-13.1% | $4.51B+9.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Occidental Petroleum break its business down?
- Occidental Petroleum (OXY) reports revenues, operating and nonoperating by business across 2 parts — Midstream and marketing and Oil and gas. Each is extracted from the segment footnotes and tracked over time.
- Where does Occidental Petroleum's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Occidental Petroleum's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
