Financial Performance
At year-end 2011, Occidental was the fourth-largest U.S. oil and gas company measured by market capitalization, with a market capitalization of $76 billion at that date. At year-end 2011, Occidental was ranked No. 32 on the Standard & Poor’s 500 Index.
| Fiscal year | Market capitalization (billions) | Revenue (billions) | Income before income taxes(billions) |
|---|---|---|---|
| 2005 | $32.112 | $16.259 | $7.133 |
| 2006 | $41.070 | $18.160 | $7.830 |
| 2007 | $63.794 | $20.013 | $8.572 |
| 2008 | $48.585 | $24.480 | $11.371 |
| 2009 | $66.050 | $15.531 | $4.669 |
| 2010 | $79.735 | $19.157 | $7.359 |
| 2011 | $76.065 | $24.119 | $10.459 |
Read more about this topic: Occidental Petroleum
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