Pretax income is the income that a company earns before paying income taxes. Occidental Petroleum's pretax income for the
three
months ended in Dec. 2023 was $1,559 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $6,429 Mil.
Occidental Petroleum's pretax margin was 21.74%.
During the past 13 years, Occidental Petroleum's highest Pretax Margin was 38.54%. The lowest was -88.19%. And the median was 8.48%.
Occidental Petroleum Pre-Tax Income Historical Data
The historical data trend for Occidental Petroleum's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Occidental Petroleum's Pre-Tax Income
For the Oil & Gas E&P subindustry, Occidental Petroleum's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Occidental Petroleum's Pre-Tax Income Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Occidental Petroleum's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Occidental Petroleum's Pre-Tax Income falls into.
Occidental Petroleum Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Occidental Petroleum's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,429 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Occidental Petroleum (NYSE:OXY) Pre-Tax Income Explanation
Occidental Petroleum's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Occidental Petroleum's highest Pretax Margin was 38.54%. The lowest was -88.19%. And the median was 8.48%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Occidental Petroleum Pre-Tax Income Related Terms
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Occidental Petroleum (Occidental Petroleum) Business Description
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
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