Occidental Petroleum (OXY) Cost of Revenue (2009 - 2025)
Occidental Petroleum's Cost of Revenue came in at $812 million for Q3 2025, down 8.7% from $889 million a year earlier and down 4.1% from the prior quarter.
Occidental Petroleum (OXY) Cost of Revenue (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Occidental Petroleum reported Cost of Revenue of $2.95 billion, down 16.2% year-over-year; for FY2024, it came in at $3.12 billion, up 0.2% from FY2023.
- Cost of Revenue carries a five-year compound annual growth rate of 2.3% (FY2019 to FY2024).
- Going back by year, Cost of Revenue was $3.12 billion in FY2023 (-4.8%), $3.27 billion in FY2022 (+18.1%), $2.77 billion in FY2021 (+15.1%) and $2.41 billion in FY2020 (-13.7%).
- The five-year range for quarterly Cost of Revenue is $494 million (Q4 2024) to $910 million (Q2 2024).
- Year-over-year, Cost of Revenue has declined for four consecutive quarters, with growth averaging 0.9% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q1 2022 (growth of 37.7%), and the weakest in Q4 2024 (a decline of 45.0%).
- Business Quant data shows OXY's Cost of Revenue at $847 million (Q2 2025), $801 million (Q1 2025) and $494 million (Q4 2024) in the three quarters before Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | - |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 36.61 Bn |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 64.53 Bn |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 38,308.00 |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 6.71 Bn |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | - |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 43.66 Bn |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 1.81 Bn |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | - |
| 10 | Occidental Petroleum | 62.79 Bn | 50.70 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 812.00 Mn |
| Jun 30, 2025 | 847.00 Mn |
| Mar 31, 2025 | 801.00 Mn |
| Dec 31, 2024 | 494.00 Mn |
| Sep 30, 2024 | 889.00 Mn |
| Jun 30, 2024 | 910.00 Mn |
| Mar 31, 2024 | 828.00 Mn |
| Dec 31, 2023 | 898.00 Mn |
| Sep 30, 2023 | 682.00 Mn |
| Jun 30, 2023 | 791.00 Mn |
| Mar 31, 2023 | 745.00 Mn |
| Dec 31, 2022 | 785.00 Mn |
| Sep 30, 2022 | 835.00 Mn |
| Jun 30, 2022 | 835.00 Mn |
| Mar 31, 2022 | 818.00 Mn |
| Dec 31, 2021 | 771.00 Mn |
| Sep 30, 2021 | 731.00 Mn |
| Jun 30, 2021 | 676.00 Mn |
| Mar 31, 2021 | 594.00 Mn |
| Dec 31, 2020 | 601.00 Mn |
Occidental Petroleum Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "OXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();