Occidental Petroleum (OXY-WT) Asset Writedowns and Impairment (2009 - 2026)
Occidental Petroleum (OXY-WT) posted quarterly Asset Writedowns and Impairment of $105.0 million for Q1 2026, up 400.0% quarter-over-quarter from $21.0 million in Q4 2025.
Occidental Petroleum (OXY-WT) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has reported Asset Writedowns and Impairment for 17 consecutive years, with $105.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment changed N/A year-over-year to $105.0 million; the TTM figure through Mar 2026 stood at $211.0 million (up 7.65% YoY), while the FY2025 annual figure was $21.0 million, down 80.19% from the prior year.
- Asset Writedowns and Impairment rose to $105.0 million in Q1 2026 per OXY-WT's latest filing, from $21.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $105.0 million in Q1 2026 and bottomed at $21.0 million in Q3 2024.
- Historically, Asset Writedowns and Impairment has averaged $64.4 million across 4 years, with a median of $85.0 million in 2024.
- Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment dropped 5.56% — and 2025, when it tumbled 75.29%.
- Occidental Petroleum's Asset Writedowns and Impairment stood at $90.0 million in 2023, then dropped by 5.56% to $85.0 million in 2024, then sank by 75.29% to $21.0 million in 2025, then soared by 400.0% to $105.0 million in 2026.
- Business Quant data shows OXY-WT's Asset Writedowns and Impairment at $105.0 million in Q1 2026, $21.0 million in Q4 2025, and $85.0 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 105.00 Mn |
| Mar 31, 2026 | 105.00 Mn |
| Dec 31, 2025 | 21.00 Mn |
| Dec 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | 85.00 Mn |
| Dec 31, 2024 | 85.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Dec 31, 2023 | 90.00 Mn |
| Dec 31, 2023 | 90.00 Mn |
| Dec 31, 2021 | -48.00 Mn |
| Dec 31, 2021 | -48.00 Mn |
| Sep 30, 2021 | 17.00 Mn |
| Sep 30, 2021 | 17.00 Mn |
| Jun 30, 2021 | 21.00 Mn |
| Jun 30, 2021 | 21.00 Mn |
| Mar 31, 2021 | 135.00 Mn |
| Mar 31, 2021 | 135.00 Mn |
| Dec 31, 2020 | 87.00 Mn |
| Dec 31, 2020 | 87.00 Mn |