Occidental Petroleum OXY
NYSE OXY
$58.83 -0.45 (-0.76%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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