Company: OXY-WT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000797468-25-000111
Chunk: 48

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 48
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(11)(6)(11)(20)Segment income from continuing operations before taxes$934 $1,639 $2,631 $2,877 (a) Other segment expenses include selling, general and administrative expense and exploration expense. CHEMICAL SEGMENT Three months ended June 30,Six months ended June 30,millions 2025202420252024Revenues and other income  Net sales (a)$1,227 $1,274 $2,415 $2,460 Gains on sale of assets and other income, net6 7 18 12 Total$1,233 $1,281 $2,433 $2,472 Significant segment expensesCost of sales913 868 1,783 1,688 Depreciation, depletion and amortization94 91 188 178 Other segment expenses (b)41 54 117 108 Total$1,048 $1,013 $2,088 $1,974 Segment income before other items$185 $268 $345 $498 Income from equity investments and other28 28 53 52 Segment income from continuing operations before taxes$213 $296 $398 $550 (a) Includes revenue from customers and all other revenues.(b) Other segment expenses include other operating and non-operating expense and selling, general and administrative expense.

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MIDSTREAM AND MARKETING SEGMENT Three months ended June 30,Six months ended June 30,millions 2025202420252024Revenues and other income  Net sales (a)$426 $282 $629 $381 Gains on sale of assets and other income, net38 69 64 96 Total$464 $351 $693 $477 Significant segment expensesCost of sales199 280 412 531 Other operating and non-operating expense98 63 183 151 Depreciation, depletion and amortization88 82 175 166 Other segment expenses (b)37 30 72 57 Total$422 $455 $842 $905 Segment income (losses) before other items$42 $(104)$(149)$(428)Income from equity investments and other7 220 121 511 Segment income (losses) from continuing operations before taxes$49 $116