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OXY Revenue by Segments

Revenue by Segments

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In Q3'25, Occidental Petroleum's (OXY) total revenue reached $6.47B USD, with the Oil and gas segment contributing the dominant $5.40B USD, followed by Chemical at $1.17B USD and Midstream and marketing at $365M USD. This latest data point reflects a slight decline from Q1'25's total of $6.20B USD, primarily driven by a dip in the Oil and gas segment despite stability in the others. From Q3'22 to Q3'25, OXY's revenue exhibited an overall downward trend, peaking at $9.76B USD in Q3'22 before declining to $6.47B USD, with the Oil and gas segment showing the most volatility—dropping sharply from $7.10B USD in Q3'22 to a low of $4.94B USD in Q2'23, then stabilizing around $5.4B-$5.7B USD in recent quarters. The Chemical segment followed a steady decline from $1.67B USD in Q3'22 to $1.17B USD in Q3'25, while Midstream and marketing experienced the steepest fall from $991M USD to a trough of $60M USD in Q2'24 before partial recovery to $365M USD. Oil and gas consistently dominates the breakdown, accounting for over 80% of total revenue throughout the period, underscoring its critical role amid fluctuating energy markets.