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Occidental Petroleum (MEX:OXY1) Pre-Tax Income : MXN104,565 Mil (TTM As of Sep. 2024)


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What is Occidental Petroleum Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Occidental Petroleum's pretax income for the three months ended in Sep. 2024 was MXN31,386 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was MXN104,565 Mil. Occidental Petroleum's pretax margin was 22.22%.

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.

* Premium members only.

Occidental Petroleum Pre-Tax Income Chart

Occidental Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,676.44 -312,403.86 76,004.37 275,225.03 109,127.44

Occidental Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31,510.79 26,462.85 16,762.22 29,953.37 31,386.34

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=108872.827+13935.858+-16040.664+2359.42+-0.0010000000038417
=109,127

Occidental Petroleum's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=36013.559+334.735+-6143.374+1181.418+-3.6379788070917E-12
=31,386

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN104,565 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  (MEX:OXY1) Pre-Tax Income Explanation

Occidental Petroleum's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=31386.338/141238.522
=22.22%

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 Business Description

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

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