Occidental Gross Profit from 2010 to 2024

OXY Stock  USD 61.96  0.70  1.12%   
Occidental Petroleum Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 6.9 B in 2024. Gross Profit is the profit Occidental Petroleum makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
2.4 B
Current Value
1.9 B
Quarterly Volatility
1.6 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Occidental Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Occidental main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 B, Interest Expense of 992.2 M or Total Revenue of 17.8 B, as well as many exotic indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0504 or PTB Ratio of 1.35. Occidental financial statements analysis is a perfect complement when working with Occidental Petroleum Valuation or Volatility modules.
  
This module can also supplement Occidental Petroleum's financial leverage analysis and stock options assessment as well as various Occidental Petroleum Technical models . Check out the analysis of Occidental Petroleum Correlation against competitors.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Latest Occidental Petroleum's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Occidental Petroleum over the last few years. Gross profit is a required income statement account that reflects total revenue of Occidental Petroleum minus its cost of goods sold. It is profit before Occidental Petroleum operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Occidental Petroleum's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Occidental Petroleum's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 24.57 B10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

Occidental Gross Profit Regression Statistics

Arithmetic Mean7,590,177,624
Geometric Mean5,452,550,293
Coefficient Of Variation69.32
Mean Deviation4,087,034,218
Median7,279,000,000
Standard Deviation5,261,883,074
Sample Variance27687413.5T
Range17B
R-Value(0.01)
Mean Square Error29815660.8T
R-Squared0.000052
Significance0.98
Slope(8,493,391)
Total Sum of Squares387623788.9T

Occidental Gross Profit History

20246.9 B
202310.1 B
202217.6 B
20217.8 B
20201.2 B
20196.1 B
20187.3 B

Other Fundumenentals of Occidental Petroleum

Occidental Petroleum Gross Profit component correlations

0.60.690.110.550.890.75-0.08-0.270.640.80.760.970.250.25-0.480.85-0.170.750.640.69-0.45-0.370.140.690.390.62
0.6-0.130.840.770.170.670.26-0.080.780.47-0.060.53-0.11-0.2-0.070.230.56-0.07-0.040.050.010.210.070.00.11-0.11
0.69-0.13-0.6-0.030.920.29-0.35-0.20.070.60.960.740.510.59-0.60.87-0.710.990.840.8-0.6-0.66-0.050.90.250.92
0.110.84-0.60.66-0.340.460.43-0.090.650.07-0.530.0-0.26-0.560.2-0.280.76-0.55-0.53-0.310.220.480.14-0.410.02-0.6
0.550.77-0.030.660.240.770.14-0.520.950.360.060.410.1-0.39-0.090.170.420.03-0.130.3-0.150.070.410.150.58-0.1
0.890.170.92-0.340.240.55-0.25-0.290.350.720.970.890.370.41-0.550.91-0.520.960.80.82-0.56-0.570.130.840.420.82
0.750.670.290.460.770.550.14-0.550.90.510.410.60.05-0.26-0.260.420.170.370.110.61-0.34-0.120.470.470.620.15
-0.080.26-0.350.430.14-0.250.140.190.18-0.04-0.29-0.14-0.1-0.310.06-0.160.28-0.31-0.33-0.290.030.670.06-0.31-0.14-0.37
-0.27-0.08-0.2-0.09-0.52-0.29-0.550.19-0.56-0.07-0.28-0.14-0.240.410.13-0.140.02-0.240.05-0.530.310.3-0.61-0.4-0.790.0
0.640.780.070.650.950.350.90.18-0.560.430.180.490.11-0.39-0.150.250.350.14-0.060.41-0.210.020.420.260.58-0.05
0.80.470.60.070.360.720.51-0.04-0.070.430.60.80.550.48-0.830.75-0.470.630.680.33-0.76-0.53-0.150.460.10.61
0.76-0.060.96-0.530.060.970.41-0.29-0.280.180.60.770.380.44-0.520.86-0.650.990.790.82-0.57-0.610.150.850.410.83
0.970.530.740.00.410.890.6-0.14-0.140.490.80.770.320.43-0.510.9-0.230.790.750.65-0.42-0.4-0.040.720.210.72
0.25-0.110.51-0.260.10.370.05-0.1-0.240.110.550.380.320.48-0.820.46-0.630.470.550.3-0.73-0.55-0.410.51-0.050.56
0.25-0.20.59-0.56-0.390.41-0.26-0.310.41-0.390.480.440.430.48-0.580.53-0.610.550.80.13-0.36-0.49-0.640.41-0.480.81
-0.48-0.07-0.60.2-0.09-0.55-0.260.060.13-0.15-0.83-0.52-0.51-0.82-0.58-0.650.7-0.58-0.68-0.290.920.690.35-0.510.0-0.67
0.850.230.87-0.280.170.910.42-0.16-0.140.250.750.860.90.460.53-0.65-0.50.880.850.69-0.58-0.56-0.10.80.190.85
-0.170.56-0.710.760.42-0.520.170.280.020.35-0.47-0.65-0.23-0.63-0.610.7-0.5-0.68-0.68-0.290.740.710.17-0.45-0.01-0.67
0.75-0.070.99-0.550.030.960.37-0.31-0.240.140.630.990.790.470.55-0.580.88-0.680.840.81-0.59-0.640.030.890.30.9
0.64-0.040.84-0.53-0.130.80.11-0.330.05-0.060.680.790.750.550.8-0.680.85-0.680.840.51-0.52-0.65-0.350.69-0.040.93
0.690.050.8-0.310.30.820.61-0.29-0.530.410.330.820.650.30.13-0.290.69-0.290.810.51-0.34-0.440.260.940.570.65
-0.450.01-0.60.22-0.15-0.56-0.340.030.31-0.21-0.76-0.57-0.42-0.73-0.360.92-0.580.74-0.59-0.52-0.340.70.04-0.48-0.24-0.55
-0.370.21-0.660.480.07-0.57-0.120.670.30.02-0.53-0.61-0.4-0.55-0.490.69-0.560.71-0.64-0.65-0.440.70.14-0.56-0.21-0.66
0.140.07-0.050.140.410.130.470.06-0.610.42-0.150.15-0.04-0.41-0.640.35-0.10.170.03-0.350.260.040.14-0.020.81-0.32
0.690.00.9-0.410.150.840.47-0.31-0.40.260.460.850.720.510.41-0.510.8-0.450.890.690.94-0.48-0.56-0.020.330.83
0.390.110.250.020.580.420.62-0.14-0.790.580.10.410.21-0.05-0.480.00.19-0.010.3-0.040.57-0.24-0.210.810.330.02
0.62-0.110.92-0.6-0.10.820.15-0.370.0-0.050.610.830.720.560.81-0.670.85-0.670.90.930.65-0.55-0.66-0.320.830.02
Click cells to compare fundamentals

About Occidental Petroleum Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Occidental Petroleum income statement, its balance sheet, and the statement of cash flows. Occidental Petroleum investors use historical funamental indicators, such as Occidental Petroleum's Gross Profit, to determine how well the company is positioned to perform in the future. Although Occidental Petroleum investors may use each financial statement separately, they are all related. The changes in Occidental Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Occidental Petroleum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Occidental Petroleum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Occidental Petroleum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit10.1 B6.9 B
Gross Profit Margin 0.36  0.30 

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When determining whether Occidental Petroleum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Occidental Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Occidental Petroleum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Occidental Petroleum Stock:
Check out the analysis of Occidental Petroleum Correlation against competitors.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is Occidental Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Occidental Petroleum. If investors know Occidental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Occidental Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.76
Earnings Share
3.46
Revenue Per Share
30.519
Quarterly Revenue Growth
(0.17)
The market value of Occidental Petroleum is measured differently than its book value, which is the value of Occidental that is recorded on the company's balance sheet. Investors also form their own opinion of Occidental Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Occidental Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Occidental Petroleum's market value can be influenced by many factors that don't directly affect Occidental Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Occidental Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Occidental Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Occidental Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.