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

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 11
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,897 and 2024 —84,8978,287 8,287 Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2025 — 1,213,486,213 and 2024 — 1,166,769,167243 233 Treasury stock: 2025 — 228,311,184 shares and 2024 — 228,311,184 shares(15,597)(15,597)Additional paid-in capital20,926 19,868 Retained earnings22,198 21,189 Accumulated other comprehensive income204 179 Total stockholders' equity36,261 34,159 Noncontrolling interest505 321 Total equity36,766 34,480 TOTAL LIABILITIES AND EQUITY$83,472 $85,445 

The accompanying notes are an integral part of these Consolidated Condensed Financial Statements.

3

Consolidated Condensed Statements of OperationsOccidental Petroleum Corporation and SubsidiariesThree months ended September 30,Nine months ended September 30, millions, except per-share amounts2025202420252024REVENUES AND OTHER INCOMENet sales$6,624 $7,173 $19,841 $19,965 Interest, dividends and other income59 60 162 130 Gains (losses) on sales of assets and other, net34 (79)13 (52)Total6,717 7,154 20,016 20,043 COSTS AND OTHER DEDUCTIONSOil and gas lease operating expense1,174 1,207 3,526 3,547 Transportation and gathering expense416 407 1,238 1,165 Chemical and midstream cost of sales812 889 2,460 2,627 Selling, general and administrative expense277 268 828 786 Other operating and non-operating expense396 334 1,285 1,088 Taxes other than on income248 256 781 756 Depreciation, depletion and amortization2,061 1,926 5,914 5,394 Asset impairments and other charges— 21 — 21 Acquisition-related costs1 49 13 75 Exploration expense66 57 204