Occidental Petroleum Corporation (OXY) reported $22.00B of revenue for the twelve months ended Jun 30, 2026. That is up 7.8% from the year before. Revenue for fiscal 2025 was $21.59B.

Yes. Occidental Petroleum Corporation earned $6.53B in net income for the twelve months ended Jun 30, 2026, a net margin of 29.7%.

How much cash and debt does OXY have?

Occidental Petroleum Corporation reported $4.15B in cash and cash equivalents and $13.54B of debt on its most recent balance sheet in SEC filings.

How fast is OXY revenue growing?

Occidental Petroleum Corporation's revenue changed -4.9% in fiscal 2025, to $21.59B. Its compound annual growth rate was +3.9% over 5 years and +5.6% over 10 years.

What is OXY free cash flow?

Occidental Petroleum Corporation generated $4.79B of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $10.98B less capital expenditures.

What is OXY earnings per share?

Diluted earnings per share were $6.46 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.

When did OXY last report financial results?

The latest statements here come from Occidental Petroleum Corporation's 10-Q filed on Aug 5, 2026, covering the period ended Jun 30, 2026.

Financials · OXY

Occidental Petroleum Corporation (OXY) financials

For the twelve months ended Jun 30, 2026, Occidental Petroleum Corporation reported $22.00B of revenue and $6.53B of net income.

Revenue, TTM: $22.00B
Revenue growth, YoY: +7.8%
Net income, TTM: $6.53B
Net income growth, YoY: +287.4%
Net margin: 29.7%
Free cash flow, TTM: $4.79B
EPS, diluted, TTM: $6.46
EPS growth, YoY: +282.2%
Cash: $4.15B
Total debt: $13.54B
P/E: 8.63
P/S: 2.56
Market cap: $56.35B

Annual revenue$21.59B

FY2016FY2025

Annual net income$1.61B

FY2016FY2025

Annual free cash flow$4.11B

FY2016FY2025

OXY revenue and earnings growth

OXY revenueQ2 2026$8.06B

Quarter YoY: +53.4%
QoQ: +44.8%
FY YoY: -4.9%
5Y CAGR: +3.9%
10Y CAGR: +5.6%

OXY revenue was $8.06B in fiscal Q2 2026 (ended Jun 30, 2026), up 53.4% from a year earlier and up 44.8% from the prior quarter. For the full fiscal 2025 it was $21.59B, down 4.9% from fiscal 2024. Compound annual growth was +3.9% over 5 years and +5.6% over 10 years. It rose in 5 of the last 10 fiscal years.

OXY net incomeQ2 2026$2.79B

Quarter YoY: +967.8%
QoQ: -11.7%
FY YoY: -31.8%

OXY net income was $2.79B in fiscal Q2 2026 (ended Jun 30, 2026), up 967.8% from a year earlier and down 11.7% from the prior quarter. For the full fiscal 2025 it was $1.61B, down 31.8% from fiscal 2024. It rose in 1 of the last 4 fiscal years.

OXY EPSQ2 2026$2.75

Quarter YoY: +957.7%
QoQ: -12.1%
FY YoY: -34.0%

OXY diluted EPS was $2.75 in fiscal Q2 2026 (ended Jun 30, 2026), up 957.7% from a year earlier and down 12.1% from the prior quarter. For the full fiscal 2025 it was $1.61, down 34.0% from fiscal 2024.

OXY free cash flowQ2 2026$2.68B

Quarter YoY: +113.7%
FY YoY: -20.7%
5Y CAGR: +23.7%

OXY free cash flow was $2.68B in fiscal Q2 2026 (ended Jun 30, 2026), up 113.7% from a year earlier. For the full fiscal 2025 it was $4.11B, down 20.7% from fiscal 2024. Compound annual growth was +23.7% over 5 years. It rose in 5 of the last 9 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$21.59B	$22.71B	$23.23B	$36.63B	$25.96B	$17.81B	$20.91B	$17.82B	$12.51B	$10.09B
Cost of revenue	-	$3.12B	$3.12B	$3.27B	$2.77B	$2.41B	$2.79B	$2.83B	$2.94B	-
Gross profit	-	$19.59B	$20.11B	$33.36B	$23.19B	$15.40B	$18.12B	$14.99B	$9.57B	-
Selling, general and admin	$986.00M	$960.00M	$987.00M	$945.00M	$863.00M	$864.00M	$893.00M	$585.00M	-	-
Pre-tax income	$3.13B	$4.02B	$4.66B	$14.12B	$3.71B	-$15.71B	$354.00M	$5.61B	$1.33B	-$1.66B
Income tax	$1.02B	$1.16B	$1.33B	$813.00M	$915.00M	-$2.17B	$861.00M	$1.48B	$17.00M	-$662.00M
Net income	$1.61B	$2.36B	$3.75B	$12.42B	$2.32B	-$14.83B	-$985.00M	$4.11B	$1.31B	-$574.00M
EPS, basic	$1.65	$2.59	$4.22	$13.41	$1.62	-$17.06	-$1.22	$5.40	$1.71	-$0.75
EPS, diluted	$1.61	$2.44	$3.90	$12.40	$1.58	-$17.06	-$1.22	$5.39	$1.70	-$0.75
Diluted shares	1.00B	967.1M	960.9M	1.00B	958.8M	918.7M	809.5M	763.3M	765.9M	763.8M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$1.97B	$2.13B	$1.45B	$1.01B	$2.80B	$2.19B	$3.57B	$3.03B	$1.67B	$2.23B
Receivables	$2.58B	$2.84B	$3.19B	$4.28B	$4.21B	$2.12B	$4.23B	$4.89B	$4.14B	$3.99B
Inventory	$1.82B	$1.76B	$2.02B	$2.06B	$1.85B	$1.90B	$1.58B	$1.26B	$1.25B	$866.00M
Current assets	$8.83B	$9.07B	$8.38B	$8.89B	$10.21B	$8.82B	$14.63B	$9.93B	$8.27B	$8.43B
Goodwill	$668.00M	$668.00M	-	-	-	-	-	-	-	-
Total assets	$84.19B	$85.44B	$74.01B	$72.61B	$75.04B	$80.06B	$107.19B	$42.16B	$42.03B	$43.11B
Current liabilities	$9.43B	$9.52B	$9.15B	$7.76B	$8.32B	$8.22B	$12.71B	$7.41B	$7.40B	$6.36B
Short-term debt	-	-	-	-	$186.00M	$440.00M	$51.00M	$116.00M	$500.00M	-
Long-term debt	$20.62B	$24.98B	$18.54B	$19.67B	$29.43B	$35.74B	$38.54B	$10.20B	$9.33B	$9.82B
Total debt	$20.62B	$24.98B	$18.54B	$19.67B	$29.62B	$36.19B	$38.59B	$10.32B	$9.83B	$9.82B
Total liabilities	$47.59B	$50.97B	$43.66B	$42.52B	$54.71B	$61.49B	$72.96B	$22.52B	$21.45B	$21.61B
Shareholders' equity	$36.03B	$34.48B	$30.35B	$30.09B	$20.33B	$18.57B	$34.23B	$21.33B	$20.57B	$21.50B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$10.53B	$11.44B	$12.31B	$16.81B	$10.43B	$3.96B	$7.38B	$7.67B	$4.86B	$3.38B
Capital expenditures	$6.43B	$6.26B	$5.70B	$4.50B	$2.87B	$2.54B	$6.37B	$4.97B	$3.60B	$2.72B
Free cash flow	$4.11B	$5.18B	$6.61B	$12.31B	$7.56B	$1.42B	$1.01B	$2.69B	$1.26B	$667.00M
Investing cash flow	-$5.80B	-$14.59B	-$6.98B	-$4.87B	-$1.25B	-$819.00M	-$29.03B	-$3.21B	-$3.08B	-$4.74B
Financing cash flow	-$4.84B	$3.84B	-$4.89B	-$13.71B	-$8.57B	-$4.52B	$22.19B	-$3.10B	-$2.34B	-$802.00M
Dividends paid	-	-	-	$1.18B	$839.00M	$1.84B	$2.62B	$2.37B	$2.35B	$2.31B
Share repurchases	$0	$27.00M	$1.80B	$3.10B	$8.00M	$12.00M	$237.00M	$1.25B	$25.00M	$22.00M
Depreciation and amortization	$7.53B	$6.95B	$6.45B	$6.93B	$8.45B	$8.10B	$6.14B	$3.98B	$4.00B	$4.27B

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-4.9%	-2.2%	-36.6%	41.1%	45.8%	-14.8%	17.3%	42.5%	24.0%	-19.2%
Net income growth, YoY	-31.8%	-37.0%	-69.8%	434.9%	-	-	-	213.8%	-	-
EPS growth, YoY	-34.0%	-37.4%	-68.5%	684.8%	-	-	-	217.1%	-	-
Gross margin	-	86.3%	86.6%	91.1%	89.3%	86.5%	86.7%	84.1%	76.5%	-
Net margin	7.5%	10.4%	16.1%	33.9%	8.9%	-83.3%	-4.7%	23.1%	10.5%	-5.7%
Free cash flow margin	19.0%	22.8%	28.5%	33.6%	29.1%	8.0%	4.8%	15.1%	10.1%	6.6%
Return on equity	4.5%	6.9%	12.4%	41.3%	11.4%	-79.9%	-2.9%	19.3%	6.4%	-2.7%
Return on assets	1.9%	2.8%	5.1%	17.1%	3.1%	-18.5%	-0.9%	9.8%	3.1%	-1.3%
Current ratio	0.94	0.95	0.92	1.15	1.23	1.07	1.15	1.34	1.12	1.32
Debt to equity	0.57	0.72	0.61	0.65	1.46	1.95	1.13	0.48	0.48	0.46

Income statement

Income statement
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Revenue	$8.06B	$5.57B	$1.68B	$6.68B	$5.26B	$5.81B	$2.16B	$7.17B	$6.82B	$6.73B	$2.15B	$7.27B
Cost of revenue	-	-	-	$812.00M	$847.00M	$801.00M	$494.00M	$889.00M	$910.00M	$828.00M	$898.00M	$682.00M
Gross profit	-	-	-	$5.87B	$4.41B	$5.01B	$1.66B	$6.28B	$5.91B	$5.90B	$1.25B	$6.59B
Selling, general and admin	$262.00M	$245.00M	$158.00M	$277.00M	$257.00M	$241.00M	$174.00M	$268.00M	$259.00M	$259.00M	$211.00M	$258.00M
Pre-tax income	$3.92B	$390.00M	-$108.00M	$1.17B	$560.00M	$1.18B	-$215.00M	$1.59B	$1.64B	$1.01B	-$208.00M	$1.81B
Income tax	$915.00M	$154.00M	$40.00M	$324.00M	$222.00M	$347.00M	-$65.00M	$454.00M	$465.00M	$304.00M	-$42.00M	$434.00M
Net income	$2.79B	$3.15B	-$67.00M	$657.00M	$261.00M	$761.00M	-$295.00M	$959.00M	$985.00M	$714.00M	$1.02B	$1.15B
EPS, basic	$2.80	$3.19	-$0.10	$0.67	$0.27	$0.81	-$0.35	$1.03	$1.10	$0.81	$1.16	$1.30
EPS, diluted	$2.75	$3.13	-$0.07	$0.65	$0.26	$0.77	-$0.32	$0.98	$1.03	$0.75	$1.07	$1.20
Diluted shares	1.01B	1.01B	-	1.00B	1.01B	982.9M	-	975.7M	958.9M	948.6M	-	958.2M

Balance sheet

Balance sheet
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Cash and equivalents	$4.15B	$3.81B	$1.97B	$2.16B	$2.31B	$2.60B	$2.13B	$1.76B	$1.84B	$1.27B	$1.45B	$611.00M
Receivables	$3.14B	$3.68B	$2.58B	$3.17B	$3.47B	$3.61B	$2.84B	$3.92B	$3.90B	$3.27B	$3.19B	$3.67B
Inventory	$2.19B	$1.86B	$1.82B	$2.12B	$1.87B	$2.14B	$1.76B	$2.27B	$2.81B	$2.13B	$2.02B	$1.98B
Current assets	$11.13B	$11.07B	$8.83B	$8.81B	$8.98B	$9.72B	$9.07B	$9.55B	$10.09B	$8.35B	$8.38B	$8.27B
Goodwill	-	-	$668.00M	-	-	-	$668.00M	-	-	-	-	-
Total assets	$80.36B	$80.46B	$84.19B	$83.47B	$84.36B	$84.97B	$85.44B	$85.80B	$76.22B	$74.28B	$74.01B	$71.83B
Current liabilities	$7.89B	$9.15B	$9.43B	$9.42B	$8.56B	$9.62B	$9.52B	$9.54B	$9.70B	$8.81B	$9.15B	$8.94B
Short-term debt	-	-	-	-	-	-	-	$1.00B	$1.20B	-	-	-
Long-term debt	$13.54B	$15.25B	$20.62B	$20.85B	$23.34B	$24.04B	$24.98B	$25.46B	$18.39B	$18.55B	$18.54B	$18.60B
Total debt	$13.54B	$15.25B	$20.62B	$20.85B	$23.34B	$24.04B	$24.98B	$26.46B	$19.59B	$18.55B	$18.54B	$18.60B
Total liabilities	$37.98B	$40.90B	$47.59B	$46.71B	$48.18B	$49.86B	$50.97B	$50.87B	$43.96B	$43.31B	$43.66B	-
Shareholders' equity	$41.75B	$39.56B	$36.03B	$36.26B	$36.18B	$35.10B	$34.48B	$34.93B	$32.26B	$30.97B	$30.35B	$29.31B

Cash flow

Cash flow
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Operating cash flow	$4.27B	$1.28B	$2.63B	$2.79B	$2.96B	$2.15B	$3.36B	$3.68B	$2.39B	$2.01B	$3.24B	$3.13B
Capital expenditures	$1.59B	$1.55B	$753.00M	$2.29B	$1.71B	$1.68B	$1.03B	$1.68B	$1.77B	$1.78B	$970.00M	$1.62B
Free cash flow	$2.68B	-$273.00M	$1.88B	$503.00M	$1.25B	$466.00M	$2.33B	$2.00B	$623.00M	$224.00M	$2.27B	$1.51B
Investing cash flow	-$1.78B	$7.85B	-$1.81B	-$1.26B	-$2.00B	-$731.00M	-$1.79B	-$9.12B	-$1.87B	-$1.81B	-$1.97B	-$1.47B
Financing cash flow	-$2.15B	-$7.33B	-$974.00M	-$1.70B	-$1.24B	-$932.00M	-$1.20B	$5.33B	$39.00M	-$328.00M	-$455.00M	-$1.54B
Share repurchases	$61.00M	$56.00M	$0	$0	$0	$0	$18.00M	$0	$9.00M	$0	$187.00M	$434.00M
Depreciation and amortization	$1.85B	$1.79B	$1.62B	$2.06B	$1.82B	$1.80B	$1.56B	$1.93B	$1.77B	$1.69B	$1.31B	$1.71B

Key ratios

Key ratios
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Revenue growth, YoY	53.4%	-4.2%	-22.0%	-6.8%	-22.9%	-13.6%	0.6%	-1.3%	1.7%	-6.8%	-73.9%	-22.6%
Net income growth, YoY	967.8%	314.6%	-	-31.5%	-73.5%	6.6%	-	-16.5%	63.9%	-43.5%	-2.0%	-58.2%
EPS growth, YoY	957.7%	306.5%	-	-33.7%	-74.8%	2.7%	-	-18.3%	63.5%	-25.0%	-	-52.4%
Gross margin	-	-	-	87.8%	83.9%	86.2%	77.1%	87.6%	86.7%	87.7%	58.1%	90.6%
Net margin	34.6%	56.7%	-4.0%	9.8%	5.0%	13.1%	-13.7%	13.4%	14.4%	10.6%	47.7%	15.8%
Free cash flow margin	33.3%	-4.9%	111.8%	7.5%	23.9%	8.0%	108.0%	27.9%	9.1%	3.3%	105.8%	20.8%
Current ratio	1.41	1.21	0.94	0.94	1.05	1.01	0.95	1.00	1.04	0.95	0.92	0.92
Debt to equity	0.32	0.39	0.57	0.57	0.65	0.68	0.72	0.76	0.61	0.60	0.61	0.63

Source: XBRL data Occidental Petroleum Corporation files with the SEC, latest filing dated Aug 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

OXY peers

Company	Revenue	Growth	Net income	Net margin	Market cap
OXY	$22.00B	+7.8%	$6.53B	29.7%	$56.35B
SHELShell PLC	$273.73B	-5.3%	$17.84B	6.5%	$274.09B
TTETotalEnergies SE	$201.20B	-6.2%	$13.13B	6.5%	$191.61B
PBRPetroleo Brasileiro S.A. Petrobras	$89.19B	-2.4%	$19.63B	22.0%	$119.38B
CNQCanadian Natural Resources Limited	C$38.76B	+8.7%	C$10.82B	27.9%	$100.44B
EENI S.p.A.	€82.15B	-7.5%	€2.61B	3.2%	$87.24B
EOGEOG Resources Inc.	$29.73B	+31.7%	$8.19B	27.5%	$77.17B
OKEONEOK Inc.	$43.19B	+36.8%	$4.07B	9.4%	$53.71B
FANGDiamondback Energy Inc.	$18.61B	+21.1%	$2.34B	12.6%	$49.96B

OXY FAQ

8 questions

What is OXY revenue?
Occidental Petroleum Corporation (OXY) reported $22.00B of revenue for the twelve months ended Jun 30, 2026. That is up 7.8% from the year before. Revenue for fiscal 2025 was $21.59B.
Is OXY profitable?
Yes. Occidental Petroleum Corporation earned $6.53B in net income for the twelve months ended Jun 30, 2026, a net margin of 29.7%.
How much cash and debt does OXY have?
Occidental Petroleum Corporation reported $4.15B in cash and cash equivalents and $13.54B of debt on its most recent balance sheet in SEC filings.
How fast is OXY revenue growing?
Occidental Petroleum Corporation's revenue changed -4.9% in fiscal 2025, to $21.59B. Its compound annual growth rate was +3.9% over 5 years and +5.6% over 10 years.
What is OXY free cash flow?
Occidental Petroleum Corporation generated $4.79B of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $10.98B less capital expenditures.
What is OXY earnings per share?
Diluted earnings per share were $6.46 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
When did OXY last report financial results?
The latest statements here come from Occidental Petroleum Corporation's 10-Q filed on Aug 5, 2026, covering the period ended Jun 30, 2026.
Where does this OXY financial data come from?
Quantisnow builds these statements from the structured XBRL data Occidental Petroleum Corporation files with the SEC. It is provided for information only and is not investment advice.