Occidental petroleum corp /de/ (OXY)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
REVENUES AND OTHER INCOME
Revenue from Contract with Customer, Excluding Assessed Tax

-

-

5,687

-

-

-

5,216

-

3,763

-

-

-

-

2,788

2,648

2,531

2,123

2,806

3,116

3,469

3,089

4,307

4,904

5,133

4,968

1,887

6,449

5,962

5,872

2,099

5,965

5,768

6,268

6,034

6,006

6,173

5,726

5,063

4,763

4,603

4,616

3,950

4,104

3,687

3,073

7,060

7,116

Net sales

6,410

-

-

4,420

4,004

-

-

4,083

-

3,492

2,999

3,060

2,957

-

-

-

-

-

3,246

3,514

3,096

-

4,930

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest, dividends and other income

34

42

56

41

78

35

34

38

29

27

20

31

21

34

25

27

20

30

31

26

31

22

31

47

30

18

26

28

35

15

26

24

15

44

70

35

31

24

27

40

21

38

22

28

30

59

73

Gain on sale of equity investments and other assets, net

7

472

128

15

7

5

926

10

33

-

86

512

-

4

60

0

138

7

99

19

-24

-

-5

525

-

-

-

131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on disposition of assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

22

-

6

-6

1

-

-

7

-

0

31

Total

6,451

6,796

5,871

4,476

4,089

4,802

6,176

4,131

3,825

3,588

3,105

3,603

2,978

2,826

2,733

2,558

2,281

-

-

-

-

-

-

5,705

4,998

2,949

6,475

6,121

5,907

2,114

5,991

5,792

6,283

6,056

6,076

6,208

5,779

5,086

4,796

4,637

4,638

3,991

4,126

3,722

3,103

7,119

7,220

COSTS AND OTHER DEDUCTIONS
Oil and gas operating expense

1,046

-

962

-

645

-

680

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation and gathering expense

558

-

-

-

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation expense

-

-

217

-

-

-

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Chemical and midstream cost of sales

612

-5

741

1,386

669

-604

722

1,365

1,350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased commodities

393

442

441

431

365

366

343

100

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative

260

-

-

-

140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative

-

-

242

163

-

162

151

142

130

-430

352

352

272

404

316

338

272

320

292

347

311

402

355

429

317

197

459

495

393

203

394

335

434

452

242

388

441

488

277

282

349

309

359

362

270

295

380

Other operating and non-operating expense

195

-

363

-

238

-

280

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and amortization

2,242

2,271

1,706

1,031

973

1,086

1,023

947

921

1,076

995

989

942

1,050

1,046

1,070

1,102

1,276

1,123

1,116

1,029

-

1,056

1,024

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairments and other charges

1,803

1,036

325

0

0

305

214

12

30

521

11

0

13

526

221

0

78

6,518

3,397

0

324

-

-

471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales (excludes depreciation, depletion, and amortization of $3,976 in 2018, $4,000 in 2017, and $4,266 in 2016)

-

-

-

-

-

-

-

-

-

-

1,357

1,486

1,426

1,326

1,338

1,244

1,281

1,354

1,413

1,480

1,557

756

1,736

1,691

2,620

-3,034

3,214

3,180

3,137

-2,656

3,176

3,060

2,950

-740

2,879

2,720

2,526

-776

2,323

2,292

2,273

-1,148

2,130

2,059

2,064

2,780

2,610

Other operating and non-operating expenses

-

-

-

260

-

-

-

260

177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes other than on income

182

275

198

123

111

106

110

115

108

90

76

77

68

67

61

74

75

50

79

107

107

120

135

144

151

-4

186

196

186

0

172

167

174

140

152

162

151

128

110

125

121

105

105

110

105

162

171

Anadarko acquisition-related costs

148

673

924

50

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Environmental remediation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-2

26

Exploration expense

37

112

63

35

36

50

24

21

15

55

8

8

11

17

9

27

9

13

5

10

8

59

28

39

24

-56

68

78

50

-66

69

96

98

73

39

62

84

54

83

69

56

86

56

54

58

61

58

Interest and debt expense, net

352

434

381

153

98

99

96

97

97

87

91

86

81

76

68

88

60

61

48

8

30

19

16

20

22

39

29

30

34

60

36

28

30

31

25

27

215

24

25

30

37

34

40

32

27

24

32

Total

7,828

8,151

6,563

3,632

3,306

4,073

3,684

3,059

2,841

3,602

2,890

2,998

2,813

3,466

3,059

2,841

2,877

9,592

6,357

3,068

3,366

10,445

3,326

3,818

3,134

1,966

3,956

3,979

3,800

2,836

3,847

3,686

3,686

3,547

3,337

3,359

3,417

3,346

2,818

2,798

2,836

2,063

2,700

2,617

2,524

3,320

3,277

Income (loss) before income taxes and other items

-1,377

-1,355

-692

844

783

729

2,492

1,072

984

-14

215

605

165

-640

-326

-283

-596

-6,749

-3,111

446

-270

-4,131

1,604

1,887

1,864

983

2,519

2,142

2,107

-722

2,144

2,106

2,597

2,509

2,739

2,849

2,362

1,740

1,978

1,839

1,802

1,928

1,426

1,105

579

3,799

3,943

OTHER ITEMS
Losses on interest rate swaps and warrants, net

-585

-

-33

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from equity investments

-133

99

104

97

73

103

87

78

63

80

60

187

30

39

58

51

33

54

60

58

36

88

93

83

67

107

106

86

96

70

90

101

102

81

123

81

97

84

69

59

65

73

66

46

42

57

65

Total

-718

-

71

-

73

-

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations before income taxes

-2,095

-

-621

-

856

-

2,579

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit (expense)

-82

46

116

306

225

126

710

302

339

-431

85

285

78

-333

-30

-96

-203

-1,190

-445

324

-19

-617

699

809

794

432

1,037

901

844

-210

855

875

1,139

949

1,087

1,111

1,054

618

822

809

746

818

549

455

241

1,546

1,671

Income (loss) from continuing operations

-2,013

-

-737

-

631

-

1,869

-

-

-

-

-

-

-268

-238

-136

-360

-5,505

-2,606

180

-215

-3,426

998

1,161

1,137

658

1,588

1,327

1,359

-442

1,379

1,332

1,560

1,641

1,775

1,819

1,405

1,206

1,225

1,089

1,121

1,183

943

696

380

2,310

2,337

Loss from discontinued operations, net of tax

-

-

-15

-

-

-

0

-

-

-

-

-

-

-4

-3

-3

438

327

-3

-4

-3

19

213

273

255

985

-5

-5

-4

778

-4

-4

-1

-7

-4

-2

144

20

-12

-14

-33

-229

-2

-2

-3

-1

-3

NET INCOME (LOSS)

-2,013

-1,036

-752

635

631

706

1,869

848

708

497

190

507

117

-272

-241

-139

78

-

-

-

-218

-3,407

1,211

1,434

1,392

1,643

1,583

1,322

1,355

-

-

-

-

-

-

-

-

1,226

1,213

1,075

1,088

954

941

694

377

2,309

2,334

Less: Net income attributable to noncontrolling interest

-

-

42

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

3

3

2

-

-

-

-

-

-

-

-

-

-

-

-

14

22

12

24

16

14

12

9

38

37

Less: Preferred stock dividends

219

-

118

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS

-2,232

-

-912

-

631

-

1,869

-

-

-

-

-

-

-

-

-

-

-

-2,609

176

-218

-3,413

1,208

1,431

1,390

1,643

1,583

1,322

1,355

336

1,375

1,328

1,559

1,634

1,771

1,817

1,549

1,212

1,191

1,063

1,064

938

927

682

368

2,271

2,297

PER COMMON SHARE, BASIC
Income (loss) from continuing operations—basic (in usd per share)

-2.49

-

-1.06

-

0.84

-

2.44

-

-

-

-

-

-

-0.35

-0.31

-0.18

-0.47

-7.18

-3.41

0.23

-0.28

-4.37

1.28

1.48

1.43

0.81

1.97

1.65

1.69

-0.54

1.70

1.64

1.92

2.03

2.18

2.23

1.72

1.47

1.48

1.32

1.35

1.45

1.14

0.84

0.45

2.78

2.79

(Loss) from discontinued operations—basic (in dollars per share)

-

-

-0.02

-

-

-

0.00

-

-

-

-

-

-

0.00

-0.01

0.00

0.57

-

-0.01

-

-

0.03

0.27

0.35

0.32

1.24

-0.01

-0.01

-0.01

-

-0.01

-

-

-0.01

-0.01

0.00

0.18

0.02

-0.02

-0.01

-0.04

-

-

-

-

0.00

0.00

Net income (loss) attributable to common stockholders—basic (in usd per share)

-2.49

-1.82

-1.08

0.84

0.84

0.94

2.44

1.10

0.92

0.65

0.25

0.66

0.15

-0.35

-0.32

-0.18

0.10

-6.76

-3.42

0.23

-0.28

-4.34

1.55

1.83

1.75

2.05

1.96

1.64

1.68

0.42

1.69

1.64

1.92

2.02

2.17

2.23

1.90

1.49

1.46

1.31

1.31

1.16

1.14

0.84

0.45

2.78

2.79

PER COMMON SHARE, DILUTED
Income (loss) from continuing operations—diluted (in usd per share)

-2.49

-

-1.06

-

0.84

-

2.44

-

-

-

-

-

-

-0.35

-0.31

-0.18

-0.47

-7.18

-3.41

0.23

-0.28

-4.36

1.28

1.47

1.43

0.82

1.97

1.64

1.69

-0.54

1.70

1.64

1.92

2.03

2.18

2.23

1.72

1.46

1.48

1.32

1.35

1.44

1.14

0.84

0.45

2.77

2.78

(Loss) from discontinued operations—diluted (in dollars per share)

-

-

-0.02

-

-

-

0.00

-

-

-

-

-

-

0.00

-0.01

0.00

0.57

-

-0.01

-

-

0.03

0.27

0.35

0.32

1.22

-0.01

0.00

-0.01

-

-0.01

-

-

0.00

-0.01

-0.01

0.18

0.02

-0.02

-0.01

-0.04

-

-

-

-

0.00

0.00

Net income (loss) attributable to common stockholders—diluted (in usd per share)

-2.49

-1.82

-1.08

0.84

0.84

0.93

2.44

1.10

0.92

0.64

0.25

0.66

0.15

-0.35

-0.32

-0.18

0.10

-6.76

-3.42

0.23

-0.28

-4.33

1.55

1.82

1.75

2.04

1.96

1.64

1.68

0.42

1.69

1.64

1.92

2.02

2.17

2.23

1.90

1.48

1.46

1.31

1.31

1.15

1.14

0.84

0.45

2.77

2.78

DIVIDENDS PER COMMON SHARE (in usd per share)

0.79

-

-

-

0.78

-

-

-

-

0.77

0.77

0.76

0.76

-

0.76

0.75

0.75

0.75

0.75

0.75

0.72

0.72

0.72

0.72

0.72

0.64

0.64

0.64

0.64

0.54

0.54

0.54

0.54

0.46

0.46

0.46

0.46

0.38

0.38

0.38

0.33

0.33

0.33

0.33

0.32

0.32

0.32