OXY Q2 2023 Earnings — Occidental Petroleum Corporation Revenue & Financial Results | Market Cap Arena

OXYOccidental Petroleum Corporation

$53B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$6.6B-36.2% YoY

Gross Profit

$2.0B30.4% margin

Operating Income

$1.5B22.0% margin

Net Income

$856M13.0% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

$3.1B

Free Cash Flow

$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$71.2B

Total Liabilities

$42.1B

Stockholders' Equity

$29.1B

Cash & Equivalents

$486M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$10.4B	-36.2%
Gross Profit	$2.0B	$5.4B	-62.6%
Operating Income	$1.5B	$4.4B	-67.0%
Net Income	$856M	$3.7B	-77.0%

Revenue Segments

Oil And Gas Segment

$4.9B71%

Chemical Segment

$1.4B20%

Midstream Segment

$616M9%