Occidental Petroleum (OXY) Cost of Revenue (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Cost of Revenue came in at $332.0 million in Q2 2026, down 25.39% year-over-year from $445.0 million in Q2 2025, and down 6.74% quarter-over-quarter from $356.0 million in Q1 2026.
Analysis
Occidental Petroleum (OXY) Cost of Revenue (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Cost of Revenue for 18 consecutive years, with $332.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 25.39% year-over-year to $332.0 million in Q2 2026; TTM through Jun 2026 was $596.0 million, a 69.32% 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 was $332.0 million for Q2 2026 at Occidental Petroleum, down from $356.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $910.0 million in Q2 2024 and troughed at -$1.3 billion in Q4 2024.
- A 5-year average of $395.8 million and a median of $765.0 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 37.71% in 2022 and sank 234.14% in 2023, its largest moves.
- Over 5 years, Cost of Revenue stood at $785.0 million in 2022, then slumped by 234.14% to -$1.1 billion in 2023, then dropped by 24.22% to -$1.3 billion in 2024, then jumped by 30.89% to -$904.0 million in 2025, then surged by 136.73% to $332.0 million in 2026.
- The last three Cost of Revenue figures came in at $332.0 million (Q2 2026), $356.0 million (Q1 2026), and -$904.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | 36.61 Bn |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 64.53 Bn |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | 38.31 Bn |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | - |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | - |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | 43.66 Bn |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 1.51 Bn |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | - |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | 480.45 Mn |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | 332.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 332.00 Mn |
| Mar 31, 2026 | 356.00 Mn |
| Dec 31, 2025 | -904.00 Mn |
| Sep 30, 2025 | 812.00 Mn |
| Jun 30, 2025 | 445.00 Mn |
| Mar 31, 2025 | 326.00 Mn |
| Dec 31, 2024 | -1.31 Bn |
| Sep 30, 2024 | 889.00 Mn |
| Jun 30, 2024 | 910.00 Mn |
| Mar 31, 2024 | 828.00 Mn |
| Dec 31, 2023 | -1.05 Bn |
| 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 |