Company: OXY-WT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000797468-25-000111
Chunk: 69

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 69
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Transportation and gathering expense403 400 810 748 Other operating and non-operating expense357 233 601 507 Taxes other than on income262 263 522 495 Depreciation, depletion and amortization1,718 1,573 3,420 3,070 Other segment expenses (a)187 183 337 337 Total$4,062 $3,831 $8,042 $7,497 Segment income before other items$945 $1,645 $2,642 $2,897 Losses from equity investments and other(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