Company: OXY-WT
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051071
Chunk: 60

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 60
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 include transportation expense, taxes other than on income, selling, general and administrative expense and asset impairments and other charges.

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SEGMENT INVESTMENTS AND EXPENDITURES The following table includes segment-level balance sheet information:millionsOil and gasChemicalMidstream and marketingCorporate andeliminationsTotalSeptember 30, 2025PP&E Additions$4,428 $799 $553 $71 $5,851 Investments in unconsolidated entities$126 $484 $2,379 $— $2,989 Total Assets$60,547 $5,770 $13,786 $3,369 $83,472 September 30, 2024   PP&E Additions$4,152 $432 $686 $101 $5,371 Investments in unconsolidated entities$97 $524 $2,574 $— $3,195 Total Assets$64,042 $4,943 $14,212 $2,606 $85,803 

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion should be read together with the Consolidated Condensed Financial Statements and the notes to the Consolidated Condensed Financial Statements, which are included in this report in Part I, Item 1; the information set forth in Risk Factors under Part II, Item 1A; the Consolidated Financial Statements and the notes to the Consolidated Financial Statements, which are included in Part II, Item 8 of Occidental's 2024 Form 10-K; and the information set forth in Risk Factors under Part I, Item 1A of the 2024 Form 10-K.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Portions of this report contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to: any projections of earnings, revenue or other financial items or future financial position or sources of financing; any statements of the plans, strategies and objectives of management for future operations or business strategy; any statements regarding future economic conditions or performance; any statements of