OXY Q1 2024 Earnings — Occidental Petroleum Corporation Revenue & Financial Results | Market Cap Arena

OXYOccidental Petroleum Corporation

$53B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$6.2B-12.7% YoY

Gross Profit

$2.1B34.0% margin

Operating Income

$1.2B19.4% margin

Net Income

$884M14.2% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

-15.3%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$275M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$74.3B

Total Liabilities

$43.3B

Stockholders' Equity

$30.8B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$7.1B	-12.7%
Gross Profit	$2.1B	$2.6B	-18.4%
Operating Income	$1.2B	$1.7B	-30.3%
Net Income	$884M	$1.3B	-29.7%

Revenue Segments

Oil And Gas Segment

$4.9B71%

Chemical Segment

$1.2B17%

Midstream Segment

$856M12%