![Occidental Petroleum Corp [OXY-WT] reports annual net loss of $4.7 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FOXY-WT.png&w=3840&q=75)
Occidental Petroleum Corp [OXY-WT] reports annual net loss of $4.7 billion
Company Reports Revenue of $28.3 billion
OCCIDENTAL PETROLEUM CORP /DE/ [OXY-WT] has reported a net loss of $4.7 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $28.3 billion
Based in HOUSTON, Texas, OCCIDENTAL PETROLEUM CORP /DE/ operates in the MINING sector.
In the latest annual report for the fiscal year ending December 31, 2023, the company reported a decrease in net sales compared to the previous year. The net sales for the current period were $28.257 million, down from $36.634 million in the prior year.
The cost of goods sold and operating expenses for the year also decreased from the previous year. Total costs and deductions amounted to $23.023 million in the current year, lower than the $24.088 million reported in the prior year.
