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Occidental Petroleum OXY Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenues, Operating and Nonoperating by Business
Midstream and marketing$1.8B+13.2%$1.75B+15.6%$1.15B-47.0%$1.7B-12.3%$1.59B-31.6%
Oil and gas$20.1B-8.3%$20.83B-1.5%$21.69B+3.7%$21.44B+1.5%$21.91B+4.2%
Revenue from Contract with Customer, Excluding Assessed Tax by Business
Midstream and marketing$1.46B+24.7%$1.34B-22.9%$1.24B-42.8%$1.31B-45.1%$1.17B-57.1%
Oil and gas$20.53B-8.6%$20.9B-3.7%$21.72B+1.0%$22.01B+2.9%$22.47B+7.7%
Gains (losses) on sales of assets and other, net by Business
Midstream and marketing$325M-48.2%$501M-20.2%$177M-75.9%$597M+74.1%$628M+58.0%
Oil and gas-$93M+83.4%-$70M+87.3%-$33M+93.3%-$569M-382%-$560M
Income from continuing operations before income taxes by Business
Midstream and marketing$242M$257M
Oil and gas$3.91B-31.1%$4.59B-12.0%$5.1B-9.1%$4.97B-22.6%$5.67B-2.8%
Total Assets by Business
Midstream and marketing$56.56B+0.1%$55.46B-1.0%$54.73B-2.6%$55.16B$56.52B
Oil and gas$243.07B0.0%$244.42B+4.0%$247.62B+9.9%$251.12B$243.1B
Income (Loss) From Continuing Operations Before Nonoperating Income (Expense), Equity Method Investments, Income Taxes, Noncontrolling Interest by Business
Midstream and marketing$124M+229%$163M+170%-$480M-593%$50M+107%-$96M+86.0%
Oil and gas$3.93B-31.1%$4.6B-12.3%$5.12B-9.2%$5B-17.1%$5.7B-4.3%
Other operating and non-operating expense by Business
Midstream and marketing$353M+25.2%$355M+22.8%$349M+29.0%$317M+18.3%$282M+7.0%
Oil and gas$1.19B+23.1%$1.16B+16.4%$1.12B+17.4%$1.09B+14.7%$967M+2.8%
Other segment expenses by Business
Midstream and marketing$167M+9.2%$162M+7.3%$146M-4.4%$160M+15.5%$153M+2.5%
Oil and gas$686M-30.6%$633M-36.3%$995M+32.5%$993M+16.5%$989M+6.7%
Income from equity investments and other by Business
Oil and gas-$20M+16.7%-$18M+52.6%-$17M+52.8%-$29M+9.4%-$24M+25.0%
Segment, Expenditure, Addition to Long-Lived Assets by Business
Midstream and marketing$850M-2.4%$806M-13.3%$797M-6.5%$841M+10.1%$871M+23.5%
Oil and gas$5.54B+1.0%$5.7B+5.5%$5.68B+5.1%$5.65B+5.1%$5.48B+4.1%
Costs and Other Deductions by Business
Midstream and marketing$1.67B-0.6%$1.59B-9.2%$1.63B-27.1%$1.65B-36.8%$1.68B-44.0%
Oil and gas$16.18B-0.3%$16.23B+2.1%$16.57B+8.5%$16.45B+8.9%$16.22B+7.6%
Transportation and gathering expense by Business
Oil and gas$1.61B-1.8%$1.63B+2.9%$1.65B+9.9%$1.65B+12.6%$1.64B+15.8%
Depreciation, depletion and amortization by Business
Midstream and marketing$278M+6.1%$280M+2.6%$272M-13.8%$268M-10.4%$262M-7.6%
Oil and gas$7.1B+4.9%$7.12B+8.4%$7.04B+11.3%$6.92B+12.9%$6.77B+11.3%
Investments in unconsolidated entities by Business
Midstream and marketing$9.26B-11.4%$9.56B-10.8%$9.77B-9.1%$9.96B$10.46B
Oil and gas$507M+28.4%$485M+30.4%$450M+21.3%$421M$395M
Revenue from Contract with Customer, Excluding Assessed Tax by Product
Gas$1.15B+8.0%$1.37B+56.5%$1.38B+52.6%$1.2B+13.1%$1.07B-7.5%
NGL$2.09B-13.3%$2.25B-0.3%$2.42B+15.3%$2.46B+21.7%$2.41B+23.1%
Oil$17.19B-9.2%$17.17B-7.4%$17.83B-3.2%$18.3B+0.4%$18.93B+6.9%

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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.