OXY Q1 2023 Earnings — Occidental Petroleum Corporation Revenue & Financial Results | Market Cap Arena

OXYOccidental Petroleum Corporation

$53B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$7.1B-13.3% YoY

Gross Profit

$2.6B36.3% margin

Operating Income

$1.7B24.3% margin

Net Income

$1.3B17.7% margin

EPS (Diluted)

$1.00

QoQ Revenue Growth

-14.4%

Cash Flow

Operating Cash Flow

$2.9B

Free Cash Flow

$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$71.6B

Total Liabilities

$42.0B

Stockholders' Equity

$29.6B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.1B	$8.2B	-13.3%
Gross Profit	$2.6B	$3.7B	-30.2%
Operating Income	$1.7B	$2.9B	-39.8%
Net Income	$1.3B	$4.8B	-74.0%

Revenue Segments

Oil And Gas Segment

$5.3B72%

Chemical Segment

$1.4B19%

Midstream Segment

$644M9%