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Occidental Petroleum OXY Business Segments

FY'25FY'24FY'23FY'22
Revenues, Operating and Nonoperating by Business
Midstream and marketing$1.75B+15.6%$1.51B-48.3%$2.93B-33.5%$4.4B
Oil and gas$20.83B-1.5%$21.15B-1.5%$21.48B-21.6%$27.39B
Revenue from Contract with Customer, Excluding Assessed Tax by Business
Midstream and marketing$1.34B-22.9%$1.74B-33.5%$2.62B-36.6%$4.14B+44.5%
Oil and gas$20.9B-3.7%$21.71B+2.0%$21.28B-21.6%$27.17B+40.9%
Gains (losses) on sales of assets and other, net by Business
Midstream and marketing$501M-20.2%$628M+27.1%$494M+85.0%$267M
Oil and gas-$70M+87.3%-$551M$220M
Income from continuing operations before income taxes by Business
Midstream and marketing$257M
Oil and gas$4.59B-12.0%$5.21B-16.4%$6.24B-51.3%$12.8B+209%
Total Assets by Business
Midstream and marketing$55.46B-1.0%$56.03B
Oil and gas$244.42B+4.0%$235.08B
Income (Loss) From Continuing Operations Before Nonoperating Income (Expense), Equity Method Investments, Income Taxes, Noncontrolling Interest by Business
Midstream and marketing$163M+170%-$234M+51.8%-$485M-10.7%-$438M
Oil and gas$4.6B-12.3%$5.25B-16.2%$6.26B-51.1%$12.81B
Other operating and non-operating expense by Business
Midstream and marketing$355M+22.8%$289M+23.5%$234M+63.6%$143M
Oil and gas$1.16B+16.4%$997M+12.1%$889M-5.6%$942M
Other segment expenses by Business
Midstream and marketing$162M+7.3%$151M-7.4%$163M-2.4%$167M
Oil and gas$633M-36.3%$993M-3.7%$1.03B+107%$498M
Income from equity investments and other by Business
Oil and gas-$18M+52.6%-$38M-58.3%-$24M-243%-$7M
Segment, Expenditure, Addition to Long-Lived Assets by Business
Midstream and marketing$806M-13.3%$930M+40.1%$664M+146%$270M+152%
Oil and gas$5.7B+5.5%$5.41B+7.6%$5.03B+29.0%$3.9B+58.6%
Costs and Other Deductions by Business
Midstream and marketing$1.59B-9.2%$1.75B-48.8%$3.41B-29.5%$4.84B
Oil and gas$16.23B+2.1%$15.9B+4.5%$15.21B+4.4%$14.58B
Transportation and gathering expense by Business
Oil and gas$1.63B+2.9%$1.58B+10.9%$1.43B+2.4%$1.39B
Depreciation, depletion and amortization by Business
Midstream and marketing$280M+2.6%$273M+2.6%$266M-18.9%$328M+0.9%
Oil and gas$7.12B+8.4%$6.57B+7.4%$6.11B-1.1%$6.18B-20.2%
Investments in unconsolidated entities by Business
Midstream and marketing$9.56B-10.8%$10.72B
Oil and gas$485M+30.4%$372M
Revenue from Contract with Customer, Excluding Assessed Tax by Product
Gas$1.37B+56.5%$875M-33.0%$1.31B-52.3%$2.73B+50.6%
NGL$2.25B-0.3%$2.26B+13.3%$1.99B-34.8%$3.05B+20.7%
Oil$17.17B-7.4%$18.54B+3.3%$17.95B-15.9%$21.36B+43.2%

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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.