Occidental Petroleum Corporation

NYSE-OXY

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Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	26,601	26,725	28,257	36,634	25,956	17,809	20,911	17,824	12,508	10,090	12,480
Total Revenues %Chg	-2%	-5.4%	-22.9%	41.1%	45.7%	-14.8%	17.3%	42.5%	24%	-19.2%	-35.4%
Net Sales
Cost of Sales	9,352	9,804	11,283	12,063	9,659	8,468	8,387	6,568	5,594	5,189	5,804
Cost of Sales
Oil and Gas Lease Operating Expense
Transportation and Gathering Expense
Chemical and Midstream Cost of Sales
Purchased Commodities
Gross Profit	17,249	16,921	16,974	24,571	16,297	9,341	12,524	11,256	6,914	4,901	6,676
Gross Profit Margin	64.8%	63.3%	60.1%	67.1%	62.8%	52.5%	59.9%	63.2%	55.3%	48.6%	53.5%
Selling, General & Administrative Expenses	1,104	1,062	1,083	945	863	864	893	585	546	1,330	1,270
Selling, General and Administrative Expense
Depreciation & Amortization Expenses	7,891	7,371	6,865	6,926	8,447	8,097	6,140	3,977	4,002	4,268	4,544
Depreciation, Depletion and Amortization
Exploration Expenses	273	275	441	216	252	132	247	110	82	62	36
Exploration Expense
Other Operating Expenses	2,864	3,985	2,406	2,908	2,527	12,928	5,269	2,028	1,734	1,102	10,582
Other Operating and Non-Operating Expense
Taxes Other Than on Income
Environmental Remediation
Asset Impairments and Other Charges
Acquisition-Related Costs
Operating Profit	5,117	4,228	6,179	13,576	4,208	-12,680	-25	4,556	550	-1,861	-9,756
Operating Margin	19.2%	15.8%	21.9%	37.1%	16.2%	-71.2%	-0.1%	25.6%	4.4%	-18.4%	-78.2%
Interest and Investment Income	689	1,033	673	946	797	488	590	467	456	287	326
Interest, Dividends and Other Income
Income from Equity Investments and Other
Interest Expense	-1,191	-1,175	-945	-1,030	-1,614	-1,424	-1,066	-389	-345	-292	-147
Interest and Debt Expense, Net
Non-Operating Income	49	-16	522	625	314	-2,089	855	974	667	202	101
Gains on Sales of Assets and Other, Net
Gains on Interest Rate Swaps and Warrants, Net
Total Non-Operating Income	-453	-158	250	541	-503	-3,025	379	1,052	778	197	280
Income Before Provision for Income Taxes	5,648	7,278	12,324	27,124	6,657	-31,357	102	10,885	2,299	-1,845	-9,684
Income from Continuing Operations Before Income Taxes
Income Before Income Taxes and Other Items
Provision for Income Taxes	932	1,174	1,733	813	915	-2,172	861	1,477	17	-662	-1,330
Income Tax Expense
Income Tax Benefit
Consolidated Net Income	2,135	2,896	4,696	13,304	2,790	-13,533	-507	4,131	1,311	-1,002	-8,146
Income from Continuing Operations
Net Income Attributable to Minority Interests and Other	38	22	—	—	—	—	145	—	—	—	—
Minority Interest
Less: Net Income Attributable to Noncontrolling Interest
Cumulative Effect of Changes in Accounting Principles, Net
Net Income Attributable to Preferred Dividends	679	679	923	800	800	844	318	—	—	—	—
Less: Preferred Stock Dividends
Net Income Attributable to Discontinued Operations	—	182	—	—	-468	-1,298	-15	—	—	428	317
Discontinued Operations, Net of Taxes
Net Income Attributable to Common Shareholders	1,418	2,377	3,773	12,504	1,522	-15,675	-985	4,131	1,311	-574	-7,829
Net Income Attributable to Common Stockholders
Basic EPS	1.4	2.4	4.2	13.4	1.6	-17.1	-1.2	5.4	1.7	-0.8	-10.2
Diluted EPS	1.4	2.3	3.9	12.4	1.6	-17.1	-1.2	5.4	1.7	-0.8	-10.2
Basic Weighted Average Shares Outstanding	963.4	911.8	889.2	926.2	935	918.7	809.5	761.7	765.1	763.8	765.6
Total Shares Outstanding	985.2	938.5	879.5	899.9	934.1	931.5	894.1	749.4	765.1	764.2	763.7
Diluted Weighted Average Shares Outstanding	984.3	967.1	960.9	1,002	958.8	918.7	809.5	763.3	765.9	763.8	765.6
EBITDA	13,008	11,599	13,044	20,502	12,655	-4,583	6,115	8,533	4,552	2,407	-5,212
Effective Tax Rate	16.5%	16.1%	14.1%	3%	13.7%	6.9%	844.1%	13.6%	0.7%	35.9%	13.7%