Occidental Petroleum Research and Development Expenses 2010-2024 | OXY
Occidental Petroleum annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Occidental Petroleum research and development expenses for the quarter ending March 31, 2024 were $0.066B, a 35.29% decline year-over-year.
- Occidental Petroleum research and development expenses for the twelve months ending March 31, 2024 were $405M, a 38.23% increase year-over-year.
- Occidental Petroleum annual research and development expenses for 2023 were $0.441B, a 104.17% increase from 2022.
- Occidental Petroleum annual research and development expenses for 2022 were $0.216B, a 14.29% decline from 2021.
- Occidental Petroleum annual research and development expenses for 2021 were $0.252B, a 90.91% increase from 2020.
Occidental Petroleum Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$441 |
| 2022 |
$216 |
| 2021 |
$252 |
| 2020 |
$132 |
| 2019 |
$247 |
| 2018 |
$110 |
| 2017 |
$82 |
| 2016 |
$62 |
| 2015 |
$36 |
| 2014 |
$150 |
| 2013 |
$140 |
| 2012 |
$197 |
| 2011 |
$258 |
| 2010 |
$262 |
| 2009 |
$254 |
Occidental Petroleum Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-03-31 |
$66 |
| 2023-12-31 |
$112 |
| 2023-09-30 |
$125 |
| 2023-06-30 |
$102 |
| 2023-03-31 |
$102 |
| 2022-12-31 |
$118 |
| 2022-09-30 |
$47 |
| 2022-06-30 |
$26 |
| 2022-03-31 |
$25 |
| 2021-12-31 |
$107 |
| 2021-09-30 |
$31 |
| 2021-06-30 |
$86 |
| 2021-03-31 |
$28 |
| 2020-12-31 |
$33 |
| 2020-09-30 |
$29 |
| 2020-06-30 |
$33 |
| 2020-03-31 |
$37 |
| 2019-12-31 |
$113 |
| 2019-09-30 |
$63 |
| 2019-06-30 |
$35 |
| 2019-03-31 |
$36 |
| 2018-12-31 |
$50 |
| 2018-09-30 |
$24 |
| 2018-06-30 |
$21 |
| 2018-03-31 |
$15 |
| 2017-12-31 |
$55 |
| 2017-09-30 |
$8 |
| 2017-06-30 |
$8 |
| 2017-03-31 |
$11 |
| 2016-12-31 |
$17 |
| 2016-09-30 |
$9 |
| 2016-06-30 |
$27 |
| 2016-03-31 |
$9 |
| 2015-12-31 |
$13 |
| 2015-09-30 |
$5 |
| 2015-06-30 |
$10 |
| 2015-03-31 |
$8 |
| 2014-12-31 |
$59 |
| 2014-09-30 |
$28 |
| 2014-06-30 |
$39 |
| 2014-03-31 |
$24 |
| 2013-12-31 |
$-56 |
| 2013-09-30 |
$68 |
| 2013-06-30 |
$78 |
| 2013-03-31 |
$50 |
| 2012-12-31 |
$-66 |
| 2012-09-30 |
$69 |
| 2012-06-30 |
$96 |
| 2012-03-31 |
$98 |
| 2011-12-31 |
$73 |
| 2011-09-30 |
$39 |
| 2011-06-30 |
$62 |
| 2011-03-31 |
$84 |
| 2010-12-31 |
$54 |
| 2010-09-30 |
$83 |
| 2010-06-30 |
$69 |
| 2010-03-31 |
$56 |
| 2009-12-31 |
$86 |
| 2009-09-30 |
$56 |
| 2009-06-30 |
$54 |
| 2009-03-31 |
$58 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - US Integrated |
$56.364B |
$28.918B |
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Occidental Petroleum Corporation is an integrated oil and gas company, with significant exploration and production exposure. The company is also a producer of a variety of basic chemicals, petrochemicals, polymers and specialty chemicals. The company conducts its operations through three segments: Oil and Gas, Chemical, and Midstream and Marketing. Oil and Gas segment explores, develops, produces and markets crude oil, natural gas liquids, condensate and natural gas. The company has operations in the U.S. as well as international locations. Chemical segment works under the company's wholly-owned subsidiary, Occidental Chemical Corporation. It manufactures and markets polyvinyl chloride resins, chlorine and caustic soda. Midstream and Marketing segment encompasses operations that gather, treat, process, transport, store, trade and market crude oil, natural gas, NGL, condensates and carbon dioxide. It also offers these services to third parties.
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