Company: OXY-WT
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051071
Chunk: 59

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 59
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$1,165 $3,931 $4,042 (a) Other segment expenses include selling, general and administrative expense and exploration expense.

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 CHEMICAL SEGMENT Three months ended September 30,Nine months ended September 30, millions 2025202420252024Revenues and other income  Net sales (a)$1,166 $1,246 $3,581 $3,706 Gains on sale of assets and other income, net4 3 22 15 Total$1,170 $1,249 $3,603 $3,721 Significant segment expensesCost of sales850 841 2,633 2,529 Depreciation, depletion and amortization95 92 283 270 Other segment expenses (b)53 37 170 145 Total$998 $970 $3,086 $2,944 Segment income before other items$172 $279 $517 $777 Income from equity investments and other25 25 78 77 Segment income from continuing operations before taxes$197 $304 $595 $854 (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.MIDSTREAM AND MARKETING SEGMENT Three months ended September 30,Nine months ended September 30, millions 2025202420252024Revenues and other income  Net sales (a)$306 $440 $935 $821 Gains on sale of assets and other income, net95 515 159 611 Total$401 $955 $1,094 $1,432 Significant segment expensesCost of sales230 276 642 807 Other operating and non-operating expense93 61 276 212 Depreciation, depletion and amortization87 83 262 249 Other segment expenses (b)41 55 113 112 Total$451 $475 $1,293 $1,380 Segment income (losses) before other items$(50)$480 $(199)$52 Income from equity investments and other143 151 264 662 Segment income from continuing operations before taxes$93 $631 $65 $714 (a) Includes revenue from customers and all other revenues.(b) Other segment expenses