Occidental Petroleum (LTS:0KAK) Accumulated Depreciation : $-69,547 Mil (As of Sep. 2024)

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What is Occidental Petroleum Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Occidental Petroleum's quarterly accumulated depreciation increased from Mar. 2024 ($-69,779 Mil) to Jun. 2024 ($-71,352 Mil) but then stayed the same from Jun. 2024 ($-71,352 Mil) to Sep. 2024 ($-69,547 Mil).

Occidental Petroleum's annual accumulated depreciation increased from Dec. 2021 ($-58,227 Mil) to Dec. 2022 ($-62,350 Mil) and increased from Dec. 2022 ($-62,350 Mil) to Dec. 2023 ($-68,282 Mil).

Occidental Petroleum Accumulated Depreciation Historical Data

The historical data trend for Occidental Petroleum's Accumulated Depreciation 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.

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Occidental Petroleum Accumulated Depreciation Chart

Occidental Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-42,037.00

-53,075.00

-58,227.00

-62,350.00

-68,282.00

Occidental Petroleum Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-66,671.00	-68,282.00	-69,779.00	-71,352.00	-69,547.00

Occidental Petroleum Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Occidental Petroleum Accumulated Depreciation Related Terms

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Occidental Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Occidental Petroleum Corp (LTS:0KAK) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

OXY.WS:USA OXY:USA OXY:Peru OXY1:Mexico OXY_KZ:Kazakhstan 1OXY:Italy OPC:Germany OPC:Germany OPC:Germany OPC:Germany OXYP34:Brazil OPC:Bulgaria OXYP:Austria

Address

5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046

Website

https://www.oxy.com

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 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.

Occidental Petroleum Headlines

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