OCCIDENTAL PETROLEUM CORP DE
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
OXY$55.76-1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| table of contents | FINANCIAL STATEMENTS |
| Consolidated Balance Sheets | Occidental Petroleum Corporationand Subsidiaries |
|---|
| December 31, | ||
|---|---|---|
| millions | 2024 | 2023 |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $2,132 | $1,426 |
| Trade receivables, net of reserves of $24 in 2024 and $29 in 2023 | 3,526 | 3,195 |
| Joint interest receivables | 720 | 902 |
| Inventories | 2,095 | 2,022 |
| Other current assets | 597 | 830 |
| Total current assets | 9,070 | 8,375 |
| INVESTMENTS IN UNCONSOLIDATED ENTITIES | 3,159 | 3,224 |
| PROPERTY, PLANT AND EQUIPMENT | ||
| Oil and gas | 121,874 | 109,214 |
| Chemical | 8,725 | 8,279 |
| Midstream and marketing | 9,322 | 8,279 |
| Corporate | 1,033 | 1,039 |
| 140,954 | 126,811 | |
| Accumulated depreciation, depletion and amortization | (71,576) | (68,282) |
| Total property, plant and equipment, net | 69,378 | 58,529 |
| OPERATING LEASE ASSETS | 937 | 1,130 |
| OTHER LONG-TERM ASSETS | 2,901 | 2,750 |
| TOTAL ASSETS | $85,445 | $74,008 |
| table of contents | FINANCIAL STATEMENTS |
| Consolidated Balance Sheets | Occidental Petroleum Corporationand Subsidiaries |
|---|
| December 31, | ||
|---|---|---|
| millions except share and per-share amounts | 2024 | 2023 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Current maturities of long-term debt | $1,138 | $1,202 |
| Current operating lease liabilities | 374 | 446 |
| Accounts payable | 3,753 | 3,646 |
| Accrued liabilities | 4,256 | 3,854 |
| Total current liabilities | 9,521 | 9,148 |
| LONG-TERM DEBT, NET | 24,978 | 18,536 |
| DEFERRED CREDITS AND OTHER LIABILITIES | ||
| Deferred income taxes, net | 5,394 | 5,764 |
| Asset retirement obligations | 4,042 | 3,882 |
| Other deferred credits and liabilities | 7,030 | 6,329 |
| Total deferred credits and other liabilities | 16,466 | 15,975 |
| EQUITY | ||
| Preferred stock, at $1.00 per share par value, issued shares: 2024 — 84,897 and 2023 — 84,897 | 8,287 | 8,287 |
| Common stock, $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2024 — 1,166,769,167 and 2023 — 1,107,516,500 | 233 | 222 |
| Treasury stock: 2024 — 228,311,184 shares and 2023 — 228,053,397 shares | (15,597) | (15,582) |
| Additional paid-in capital | 19,868 | 17,422 |
| Retained earnings | 21,189 | 19,626 |
| Accumulated other comprehensive income | 179 | 275 |
| Total stockholders’ equity | 34,159 | 30,250 |
| Noncontrolling interest | 321 | 99 |
| Total equity | 34,480 | 30,349 |
| TOTAL LIABILITIES AND EQUITY | $85,445 | $74,008 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.