Occidental Gross Profit from 2010 to 2024

OXY Stock  USD 50.44  1.49  2.87%   
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
2.5 B
Current Value
2.7 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 Petroleum's 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 indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0505 or PTB Ratio of 1.35. Occidental financial statements analysis is a perfect complement when working with Occidental Petroleum Valuation or Volatility modules.
  
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

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0.6-0.130.840.770.170.670.23-0.080.780.47-0.060.53-0.11-0.2-0.070.230.56-0.07-0.040.050.010.210.070.00.11-0.11
0.69-0.13-0.6-0.030.920.29-0.29-0.20.070.60.960.740.510.59-0.60.87-0.710.990.840.8-0.6-0.66-0.050.90.250.92
0.110.84-0.60.66-0.340.460.38-0.090.650.07-0.530.0-0.26-0.560.2-0.280.76-0.55-0.53-0.310.220.480.14-0.410.02-0.6
0.550.77-0.030.660.240.770.09-0.520.950.360.060.410.1-0.39-0.090.170.420.03-0.130.3-0.150.070.410.150.58-0.1
0.890.170.92-0.340.240.55-0.23-0.290.350.720.970.890.370.41-0.550.91-0.520.960.80.82-0.56-0.570.130.840.420.82
0.750.670.290.460.770.550.11-0.550.90.510.410.60.05-0.26-0.260.420.170.370.110.61-0.34-0.120.470.470.620.15
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0.640.780.070.650.950.350.90.13-0.560.430.180.490.11-0.39-0.150.250.350.14-0.060.41-0.210.020.420.260.58-0.05
0.80.470.60.070.360.720.51-0.01-0.070.430.60.80.550.48-0.830.75-0.470.630.680.33-0.76-0.53-0.150.460.10.61
0.76-0.060.96-0.530.060.970.41-0.27-0.280.180.60.770.380.44-0.520.86-0.650.990.790.82-0.57-0.610.150.850.410.83
0.970.530.740.00.410.890.6-0.11-0.140.490.80.770.320.43-0.510.9-0.230.790.750.65-0.42-0.4-0.040.720.210.72
0.25-0.110.51-0.260.10.370.05-0.02-0.240.110.550.380.320.48-0.820.46-0.630.470.550.3-0.73-0.55-0.410.51-0.050.56
0.25-0.20.59-0.56-0.390.41-0.26-0.210.41-0.390.480.440.430.48-0.580.53-0.610.550.80.13-0.36-0.49-0.640.41-0.480.81
-0.48-0.07-0.60.2-0.09-0.55-0.260.00.13-0.15-0.83-0.52-0.51-0.82-0.58-0.650.7-0.58-0.68-0.290.920.690.35-0.510.0-0.67
0.850.230.87-0.280.170.910.42-0.11-0.140.250.750.860.90.460.53-0.65-0.50.880.850.69-0.58-0.56-0.10.80.190.85
-0.170.56-0.710.760.42-0.520.170.220.020.35-0.47-0.65-0.23-0.63-0.610.7-0.5-0.68-0.68-0.290.740.710.17-0.45-0.01-0.67
0.75-0.070.99-0.550.030.960.37-0.27-0.240.140.630.990.790.470.55-0.580.88-0.680.840.81-0.59-0.640.030.890.30.9
0.64-0.040.84-0.53-0.130.80.11-0.270.05-0.060.680.790.750.550.8-0.680.85-0.680.840.51-0.52-0.65-0.350.69-0.040.93
0.690.050.8-0.310.30.820.61-0.28-0.530.410.330.820.650.30.13-0.290.69-0.290.810.51-0.34-0.440.260.940.570.65
-0.450.01-0.60.22-0.15-0.56-0.34-0.010.31-0.21-0.76-0.57-0.42-0.73-0.360.92-0.580.74-0.59-0.52-0.340.70.04-0.48-0.24-0.55
-0.370.21-0.660.480.07-0.57-0.120.640.30.02-0.53-0.61-0.4-0.55-0.490.69-0.560.71-0.64-0.65-0.440.70.14-0.56-0.21-0.66
0.140.07-0.050.140.410.130.47-0.03-0.610.42-0.150.15-0.04-0.41-0.640.35-0.10.170.03-0.350.260.040.14-0.020.81-0.32
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0.390.110.250.020.580.420.62-0.22-0.790.580.10.410.21-0.05-0.480.00.19-0.010.3-0.040.57-0.24-0.210.810.330.02
0.62-0.110.92-0.6-0.10.820.15-0.290.0-0.050.610.830.720.560.81-0.670.85-0.670.90.930.65-0.55-0.66-0.320.830.02
Click cells to compare fundamentals

About Occidental Petroleum Financial Statements

Occidental Petroleum investors use historical fundamental indicators, such as Occidental Petroleum's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments 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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Additional Tools for Occidental Stock Analysis

When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.