Occidental Petroleum (OXY) Operating Income (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Operating Income came in at $3.2 billion in Q2 2026, up 4093.42% year-over-year from $76.0 million in Q2 2025, and up 16673.68% quarter-over-quarter from $19.0 million in Q1 2026.
Analysis
Occidental Petroleum (OXY) Operating Income (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Operating Income for 18 consecutive years, with $3.2 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income rose 4093.42% year-over-year to $3.2 billion in Q2 2026; TTM through Jun 2026 was $4.0 billion, a 77.17% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, down 42.71% from the prior year.
- Operating Income was $3.2 billion for Q2 2026 at Occidental Petroleum, up from $19.0 million in the prior quarter.
- Over five years, Operating Income peaked at $3.8 billion in Q2 2022 and troughed at -$154.0 million in Q1 2024.
- A 5-year average of $1.0 billion and a median of $724.5 million in 2025 frame the typical range for Operating Income.
- Across the five-year window, Operating Income slumped 117.99% in 2024 and jumped 4093.42% in 2026, its largest moves.
- Over 5 years, Operating Income stood at $1.3 billion in 2022, then slumped by 66.64% to $439.0 million in 2023, then soared by 115.26% to $945.0 million in 2024, then decreased by 21.06% to $746.0 million in 2025, then jumped by 327.21% to $3.2 billion in 2026.
- The last three Operating Income figures came in at $3.2 billion (Q2 2026), $19.0 million (Q1 2026), and $746.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | -19.92 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 27.11 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -22.98 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 25.94 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 12.99 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | -38.69 Bn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 17.48 Bn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | - |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 3.19 Bn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 966.63 Mn |
Historic Data
Download Data
Historic 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 | 76.00 Mn |
| Mar 31, 2025 | 703.00 Mn |
| Dec 31, 2024 | 945.00 Mn |
| Sep 30, 2024 | 558.00 Mn |
| Jun 30, 2024 | 421.00 Mn |
| Mar 31, 2024 | -154.00 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 | 1.32 Bn |
| Sep 30, 2022 | 2.44 Bn |
| Jun 30, 2022 | 3.76 Bn |
| Mar 31, 2022 | 1.76 Bn |
| Dec 31, 2021 | 1.02 Bn |
| Sep 30, 2021 | 326.00 Mn |