Occidental Petroleum (OXY-WT) Operating Income (2009 - 2026)
Occidental Petroleum (OXY-WT) posted quarterly Operating Income of $19.0 million for Q1 2026, down 97.3% year-over-year from $703.0 million in Q1 2025, and down 97.45% quarter-over-quarter from $746.0 million in Q4 2025.
Occidental Petroleum (OXY-WT) Operating Income (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has reported Operating Income for 18 consecutive years, with $19.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 97.3% year-over-year to $19.0 million; the TTM figure through Mar 2026 stood at $1.0 billion (down 72.49% YoY), while the FY2025 annual figure was $1.0 billion, down 42.71% from the prior year.
- Operating Income retreated to $19.0 million in Q1 2026 per OXY-WT's latest filing, from $746.0 million in the prior quarter.
- Across five years, Operating Income topped out at $3.8 billion in Q2 2022 and bottomed at $19.0 million in Q1 2026.
- Historically, Operating Income has averaged $1.2 billion across 5 years, with a median of $779.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income surged 795.75% — and 2026, when it tumbled 97.3%.
- Occidental Petroleum's Operating Income stood at $3.3 billion in 2022, then slumped by 86.77% to $439.0 million in 2023, then surged by 115.26% to $945.0 million in 2024, then dropped by 21.06% to $746.0 million in 2025, then slumped by 97.45% to $19.0 million in 2026.
- Business Quant data shows OXY-WT's Operating Income at $19.0 million in Q1 2026, $746.0 million in Q4 2025, and $91.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.48 Bn | 156.79 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 107.09 Bn | 105.19 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.14 Bn | 75.23 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.25 Bn | 58.79 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Woodside Energy | 46.19 Bn | 40.25 Bn | 6.02 Bn | 6.02 Bn |
| 6 | Devon Energy | 45.98 Bn | 44.97 Bn | 6.02 Bn | 2.38 Bn |
| 7 | Occidental Petroleum | 39.32 Bn | 35.17 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.81 Bn | 33.70 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 26.29 Bn | 26.04 Bn | - | 191.82 Mn |
| 10 | Expand Energy | 22.91 Bn | 21.65 Bn | 2.33 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.19 Bn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 746.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Jun 30, 2025 | 175.00 Mn |
| Mar 31, 2025 | 703.00 Mn |
| Dec 31, 2024 | 945.00 Mn |
| Sep 30, 2024 | 1.11 Bn |
| Jun 30, 2024 | 987.00 Mn |
| Mar 31, 2024 | 264.00 Mn |
| Dec 31, 2023 | 439.00 Mn |
| Sep 30, 2023 | 779.00 Mn |
| Jun 30, 2023 | 322.00 Mn |
| Mar 31, 2023 | 856.00 Mn |
| Dec 31, 2022 | 3.32 Bn |
| Sep 30, 2022 | 2.95 Bn |
| Jun 30, 2022 | 3.76 Bn |
| Mar 31, 2022 | 2.28 Bn |
| Dec 31, 2021 | 1.49 Bn |
| Sep 30, 2021 | 801.00 Mn |