OXYOccidental Petroleum Corporation

$53B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$6.9B+4.1% YoY

Gross Profit

$2.5B36.7% margin

Operating Income

$1.7B24.1% margin

Net Income

$1.2B16.8% margin

EPS (Diluted)

$1.03

QoQ Revenue Growth

+10.7%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$623M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$76.2B

Total Liabilities

$44.0B

Stockholders' Equity

$32.1B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.9B	$6.6B	+4.1%
Gross Profit	$2.5B	$2.0B	+25.8%
Operating Income	$1.7B	$1.5B	+14.0%
Net Income	$1.2B	$856M	+34.9%

Revenue Segments

Oil And Gas Segment

$5.5B78%

Chemical Segment

$1.3B18%

Midstream Segment

$282M4%

OXY Q2 2024 Earnings — Occidental Petroleum Corporation Revenue & Financial Results | Market Cap Arena