Cash Flow Statement
Quarterly Data
The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
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- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Net Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Price to Book Value (P/BV) since 2005
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Occidental Petroleum Corp., consolidated cash flow statement (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Net income (loss)
- Net income reflects significant volatility, with a deep loss in early 2020 followed by recovery through 2021 and strong positive results peaking in early 2022. Subsequent quarters show a general decline but remain positive until the first quarter of 2025, which experiences a brief negative dip before rebounding.
- Discontinued operations, net
- Discontinued operations had substantial positive and negative swings, notably a large gain in early 2020 and losses in mid-2024, indicating intermittent impacts from discontinued business segments.
- Depreciation, depletion and amortization of assets
- This expense steadily decreases from 2020 into 2022 before stabilizing and slightly increasing through 2024, reflecting consistent asset usage and amortization schedules.
- Deferred income tax provision (benefit)
- Tax provisions fluctuate between significant benefits and charges, with large negative figures in late 2020 and early 2022 suggesting tax benefit realizations. The variability indicates changing tax positions and timing differences.
- Asset impairments and other charges
- Asset impairments peaked sharply in mid-2020, followed by low or no impairments in most subsequent quarters except for isolated charges in 2023 and a notable spike in late 2024, suggesting episodic write-downs.
- (Gain) loss on sales of assets and other, net
- Gains and losses from asset sales experienced spikes in late 2020, with continued smaller gains and losses afterward, indicating active asset management and occasional significant transactions.
- Other noncash charges to income (loss)
- These charges reveal considerable volatility, alternating between positive and negative impacts across quarters without a clear trend, likely reflecting various noncash adjustments.
- Changes in working capital items
- Trade receivables showed oscillating increases and decreases without a clear directional trend, implying fluctuating sales timing and collections. Inventories similarly oscillated, while accounts payable and accrued liabilities had irregular changes with some large fluctuations. Overall, working capital changes contributed unevenly to cash flow.
- Net cash provided by operating activities
- Operating cash flow improved markedly from 2020 into 2022, sustaining higher levels through 2023 and into 2024. Despite some quarter-to-quarter variations, overall operations generated positive and increasing cash flow over the period.
- Capital expenditures
- Capital expenditures increased gradually over time, with the highest outflows occurring in the most recent quarters, signaling ongoing investment and possible expansion activities.
- Purchases and sales of assets, businesses, and equity investments
- Purchases of assets remained relatively moderate except for a sharp increase in late 2024, indicative of a significant acquisition or investment. Asset sales showed occasional spikes, including notable gains in certain quarters, pointing to selective divestitures.
- Net cash used by investing activities
- Investing activities consistently consumed cash, with expenses intensifying towards the end of the period, especially due to sizeable acquisitions and capital spending.
- Debt and financing activity
- Debt activity included large issuances in 2020 and sporadic repayments, with notable repayment spikes in late 2021 and 2022. Equity issuances were steady but modest until a substantial increase in mid-2024. Treasury stock purchases surged in 2022 and 2023, highlighting significant share repurchases during these periods. Dividend payments were steady with incremental increases over time.
- Net cash provided (used) by financing activities
- Financing cash flows were negative overall, reflecting net repayments of debt, share repurchases, and dividend payments. A sharp positive swing occurred in late 2024, driven primarily by equity issuance and reduced repayments.
- Cash flow from discontinued operations
- These operations contributed sporadically positive and negative cash flows, with sizable negative impacts in mid-2024, indicating ongoing resolution of discontinued business matters.
- Change in cash, cash equivalents, and restricted cash
- Cash balances fluctuated significantly, with steep declines in early 2020, recovery in late 2020 and early 2021, and variable movements thereafter. The variability corresponds with operational volatility, investing outflows, and financing activities, culminating in moderate positive increments in some recent quarters.