← OCCIDENTAL PETROLEUM CORP /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $10.1b $12.5b $17.8b $18.7b $17.1b $26.0b $36.6b $28.3b $27.4b $21.6b
Cost of Revenue $1.3b $1.6b $2.2b $2.8b $2.4b $2.8b $3.3b $3.1b $3.1b $176.0m
Purchased commodities and midstream cost of sales — — — — — — — $2.1b $431.0m $176.0m
Gross Profit (Calculated) $8.8b $11.0b $15.6b $15.9b $14.7b $23.2b $33.0b $25.2b $24.3b $21.4b
Additional Financial Items
Asset impairments and other charges $825.0m $545.0m $561.0m $1.4b $11.1b $304.0m $0 $209.0m $1.3b $60.0m
Depreciation, depletion and amortization $4.3b $4.0b $4.0b $6.0b $8.1b $8.4b $6.9b $6.9b $7.4b $7.5b
Gains (losses) on sales of assets and other, net — — — — — $192.0m $308.0m $522.0m ($16.0m) $263.0m
Goodwill, Impairment Loss — — — $4.6b — — — — — —
Income (Loss) from Continuing Operations, Per Basic Share ($1) $2 $5 ($1) ($16) $2 $13 $4 $2 $1
Income (Loss) from Continuing Operations, Per Diluted Share ($1) $2 $5 ($1) ($16) $2 $12 $4 $2 $1
Income (Loss) from Equity Method Investments $181.0m $357.0m $331.0m $373.0m $370.0m $631.0m $793.0m $534.0m $862.0m $76.0m
Income from continuing operations ($1.0b) $1.3b $4.1b ($507.0m) ($13.5b) $2.8b $13.3b $4.7b $2.9b $2.1b
Income from continuing operations before income taxes ($1.7b) $1.3b $5.6b $186.0m ($15.7b) $3.7b $14.1b $6.4b $4.1b $3.1b
Income from discontinued operations, net of tax $428.0m $0 $0 ($15.0m) ($1.3b) ($468.0m) $0 $0 $182.0m $262.0m
Income from equity investments and other $181.0m $357.0m $331.0m $373.0m $370.0m $631.0m $793.0m $534.0m $862.0m $76.0m
Interest, dividends and other income $106 $99 $136 $217 $118 $166 $153 $139 $171 $219
Less: Preferred stock dividends and redemption premiums — — $0 ($318.0m) ($844.0m) ($800.0m) ($800.0m) ($923.0m) ($679.0m) ($679.0m)
Preferred Stock Dividends and Other Adjustments — — $0 ($318.0m) $844.0m $800.0m $800.0m $923.0m $679.0m $679.0m
Taxes other than on income $277.0m $311.0m $439.0m $707.0m $622.0m $1.0b $1.5b $1.1b $1.0b $1.0b
Taxes, Miscellaneous $277.0m $311.0m $439.0m $707.0m $622.0m $1.0b $1.5b $1.1b $1.0b $1.0b
Total $10.4b $13.3b $18.9b $606.0m ($53.0m) $753.0m $1.1b $534.0m $862.0m $76.0m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — $6.0m $17.0m $0 $0 $10.0m $83.0m $23.0m $13.0m $10.0m
Gain (Loss) on Derivative Instruments, Net, Pretax — — — $233.0m ($423.0m) $122.0m $317.0m $0 $0 —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($1.7b) $1.3b $5.6b $186.0m ($15.7b) $3.7b $14.1b $6.4b $4.1b $3.1b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($1.0b) $1.3b $4.1b $186.0m — $3.7b $14.1b $6.4b $4.1b $3.1b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($1.0b) $1.3b $4.1b ($507.0m) ($13.5b) $2.8b $13.3b $4.7b $2.9b $2.1b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $428.0m $0 $0 $15.0m $1.3b $468.0m $0 $0 $182.0m $262.0m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $428.0m $0 $0 ($15.0m) ($1.3b) ($468.0m) $0 $0 $182.0m $262.0m
Income before income taxes and other items ($1.8b) $971.0m $5.3b ($420.0m) ($15.7b) $3.0b $13.0b $5.9b $3.2b $3.1b
Net Income (Loss) Attributable to Parent ($574.0m) $1.3b $4.1b ($985.0m) ($14.8b) $1.5b $13.3b $4.7b $2.4b $1.6b
Net Income (Loss) Available to Common Stockholders, Basic ($574.0m) $1.3b $4.1b ($985.0m) ($15.7b) $1.5b $12.4b $3.8b $2.4b $1.6b
Less: Net income attributable to noncontrolling interest — $0 $0 ($145.0m) $0 $0 $0 $0 ($22.0m) ($43.0m)
Net Income (Loss) Attributable to Noncontrolling Interest — $0 $0 $145.0m $0 $0 $0 $0 $22.0m $43.0m
Common Stock, Dividends, Per Share, Declared $3.02 $3.06 $5.40 $3.14 $0.82 $0.04 $0.52 $0.72 $0.88 $0.96
Discontinued operations—basic (in dollars per share) — $0.00 $0.00 ($0.02) ($1.41) ($0.50) $0.00 $0.00 $0.20 $0.27
Discontinued operations—diluted (in dollars per share) — $0.00 $0.00 ($0.02) ($1.41) ($0.48) $0.00 $0.00 $0.18 $0.26
Earnings Per Share, Basic ($0.75) $1.71 $5.40 ($1.22) ($17.06) $1.62 $13.41 $4.22 $2.59 $1.65
Earnings Per Share, Diluted ($0.75) $1.70 $5.39 ($1.22) ($17.06) $1.58 $12.40 $3.90 $2.44 $1.61
Income from continuing operations—basic (in dollars per share) ($1.31) $1.71 $5.40 ($1.20) ($15.65) $2.12 $13.41 $4.22 $2.39 $1.38
Income from continuing operations—diluted (in dollars per share) ($1.31) $1.70 $5.39 ($1.20) ($15.65) $2.06 $12.40 $3.90 $2.26 $1.35
Preferred Stock, Dividends Per Share, Declared $3.02 $3.06 $5.40 $3,489.00 $8,444.00 $8,000.00 $8,000.00 $8,000.00 $8,000.00 $8,000.00
Weighted Average Number of Shares Outstanding, Basic 763.8m 765.1m 761.7m 809.5m 918.7m 935.0m 926.2m 889.2m 911.8m 975.5m
Weighted Average Number of Shares Outstanding, Diluted 763.8m 765.9m 763.3m 809.5m 918.7m 958.8m 1.0b 960.9m 967.1m 1.0b
Acquisition-related costs — $0 $0 $1.6b $339.0m $153.0m $89.0m $26.0m $84.0m $13.0m
Business Combination, Acquisition Related Costs — $0 $0 $1.6b $339.0m $153.0m $89.0m $26.0m $84.0m $13.0m
Cost, Depreciation and Amortization $4.3b $4.0b $4.0b — — — — — — —
Current Income Tax Expense (Benefit) ($145.0m) $736.0m $1.1b $1.7b $345.0m $869.0m $2.5b $1.7b $1.6b $894.0m
Environmental Remediation Expense — — — $112.0m $36.0m $28.0m $65.0m $79.0m $76.0m —
Exploration expense $62.0m $82.0m $110.0m $246.0m $132.0m $252.0m $216.0m $441.0m $275.0m $249.0m
Income tax expense $662.0m ($17.0m) ($1.5b) ($693.0m) $2.2b ($915.0m) ($813.0m) ($1.7b) ($1.2b) ($1.0b)
Interest and debt expense, net $292.0m $345.0m $389.0m $1.1b $1.4b $1.6b $1.0b $945.0m $1.2b $1.1b
Oil and gas lease operating expense — $2.4b $2.8b $3.2b $3.1b $3.2b $4.0b $4.7b $4.7b $4.7b
Other Cost and Expense, Operating — $878.0m $1.0b $1.4b $884.0m $1.1b $1.3b $1.1b $1.6b $1.6b
Other operating and non-operating expense — $878.0m $1.0b $1.4b $884.0m $1.1b $1.3b $1.1b $1.6b $1.6b
Selling, General and Administrative Expense — — $585.0m $893.0m $864.0m $863.0m $945.0m $1.1b $1.1b $986.0m
Transportation and gathering expense — — $152.0m $635.0m $1.6b $1.4b $1.5b $1.5b $1.6b $1.7b
Income Tax Expense (Benefit) ($662.0m) $17.0m $1.5b $693.0m ($2.2b) $915.0m $813.0m $1.7b $1.2b $1.0b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.