Occidental Petroleum (OXY-WT) Cost of Revenue (2009 - 2026)

Occidental Petroleum's (OXY-WT) quarterly Cost of Revenue came in at $356.0 million in Q1 2026, up 9.2% year-on-year from $326.0 million in Q1 2025, and up 139.38% on a QoQ basis from -$904.0 million in Q4 2025.

Occidental Petroleum (OXY-WT) Cost of Revenue (2009 - 2026) Analysis & Trends

Occidental Petroleum (OXY-WT) has 18 years of Cost of Revenue data on file, last reported at $356.0 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 9.2% year-over-year to $356.0 million in Q1 2026; TTM through Mar 2026 was $761.0 million, a 350.33% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 17.97% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $356.0 million, up from -$904.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for OXY-WT reached as high as $835.0 million in Q2 2022 and fell as low as -$1.3 billion in Q4 2024.
  • Historically, Cost of Revenue has averaged $133.4 million across 5 years, with a median of $344.0 million in 2024.
  • Across the five-year window, Cost of Revenue plunged 501.65% in 2022 and soared 149.16% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at -$1.2 billion in 2022, then grew by 13.48% to -$1.1 billion in 2023, then decreased by 24.22% to -$1.3 billion in 2024, then surged by 30.89% to -$904.0 million in 2025, then surged by 139.38% to $356.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $356.0 million in Q1 2026, -$904.0 million in Q4 2025, and $812.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 6.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 24.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 326.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 356.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 385.02 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 894.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 185.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 183.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 356.00 Mn
Mar 31, 2026 356.00 Mn
Dec 31, 2025 -904.00 Mn
Dec 31, 2025 -904.00 Mn
Sep 30, 2025 812.00 Mn
Sep 30, 2025 812.00 Mn
Jun 30, 2025 497.00 Mn
Jun 30, 2025 497.00 Mn
Mar 31, 2025 326.00 Mn
Mar 31, 2025 326.00 Mn
Dec 31, 2024 -1.31 Bn
Dec 31, 2024 -1.31 Bn
Sep 30, 2024 334.00 Mn
Sep 30, 2024 334.00 Mn
Jun 30, 2024 344.00 Mn
Jun 30, 2024 344.00 Mn
Mar 31, 2024 410.00 Mn
Mar 31, 2024 410.00 Mn
Dec 31, 2023 -1.05 Bn
Dec 31, 2023 -1.05 Bn