Below are the financial statements of Occidental Petroleum, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 2.13a | 1.43a |
| Trade receivables, net | 3.53a | 3.2a |
| Joint interest receivables | 0.72a | 0.9a |
| Inventories | 2.1a | 2.02a |
| Total current assets | 9.07a | 8.38a |
| Investments in unconsolidated entities | 3.16a | 3.22a |
| Property, plant and equipment | — | — |
| Oil and gas | 121.87a | 109.21a |
| Chemical | 8.73a | 8.28a |
| Midstream and marketing | 9.32a | 8.28a |
| Corporate | 1.03a | 1.04a |
| Accumulated depreciation, depletion and amortization | -71.58a | -68.28a |
| Total property, plant and equipment, net | 69.38a | 58.53a |
| Operating lease assets | 0.94a | 1.13a |
| Other long-term assets | 2.9a | 2.75a |
| Total assets | 85.45a | 74.01a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Current maturities of long-term debt | 1.14a | 1.2a |
| Current operating lease liabilities | 0.37a | 0.45a |
| Accounts payable | 3.75a | 3.65a |
| Accrued liabilities | 4.26a | 3.85a |
| Total current liabilities | 9.52a | 9.15a |
| Long-term debt, net | 24.98a | 18.54a |
| Deferred credits and other liabilities | — | — |
| Deferred income taxes, net | 5.39a | 5.76a |
| Asset retirement obligations | 4.04a | 3.88a |
| Other deferred credits and liabilities | 7.03a | 6.33a |
| Total deferred credits and other liabilities | 16.47a | 15.98a |
| Equity | — | — |
| Preferred stock | 8.29a | 8.29a |
| Common stock | 0.23a | 0.22a |
| Treasury stock | -15.6a | -15.58a |
| Additional paid-in capital | 19.87a | 17.42a |
| Retained earnings | 21.19a | 19.63a |
| Accumulated other comprehensive income | 0.18a | 0.28a |
| Total stockholders' equity | 34.16a | 30.25a |
| Noncontrolling interest | 0.32a | 0.1a |
| Total equity | 34.48a | 30.35a |
| Total liabilities and equity | 85.45a | 74.01a |
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