Occidental Petroleum (OXY-WT) Change in Taxes (2019 - 2026)
Occidental Petroleum (OXY-WT) reported Change in Taxes of $35.0 million for Q1 2026, down 28.57% year-over-year from $49.0 million in Q1 2025, and up 125.74% quarter-over-quarter from -$136.0 million in Q4 2025.
Occidental Petroleum (OXY-WT) Change in Taxes (2019 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has 8 years of Change in Taxes data on file, last reported at $35.0 million in Q1 2026.
- Change in Taxes for Q1 2026 came in at $35.0 million, down 28.57% year-over-year; the trailing twelve-month figure through Mar 2026 was -$319.0 million (down 197.85% YoY), and the FY2025 annual result was -$305.0 million, down 164.62% from the prior year.
- Change in Taxes advanced to $35.0 million in Q1 2026 per OXY-WT's latest filing, from -$136.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $305.0 million in Q3 2024 and troughed at -$432.0 million in Q3 2022.
- A 5-year average of $4.9 million and a median of $35.0 million in 2026 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2022 and 2025: Change in Taxes surged 1842.86% in 2022, then tumbled 2491.67% in 2025.
- A 5-year view of Change in Taxes shows it stood at -$80.0 million in 2022, then tumbled by 206.25% to -$245.0 million in 2023, then surged by 83.67% to -$40.0 million in 2024, then sank by 240.0% to -$136.0 million in 2025, then surged by 125.74% to $35.0 million in 2026.
- Business Quant data shows OXY-WT's Change in Taxes at $35.0 million in Q1 2026, -$136.0 million in Q4 2025, and $69.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 467.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 35.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 287.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Occidental Petroleum | - | - | 4.87 Bn | 35.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.00 Mn |
| Mar 31, 2026 | 35.00 Mn |
| Dec 31, 2025 | -136.00 Mn |
| Dec 31, 2025 | -136.00 Mn |
| Sep 30, 2025 | 69.00 Mn |
| Sep 30, 2025 | 69.00 Mn |
| Jun 30, 2025 | -287.00 Mn |
| Jun 30, 2025 | -287.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Dec 31, 2024 | -40.00 Mn |
| Dec 31, 2024 | -40.00 Mn |
| Sep 30, 2024 | 305.00 Mn |
| Sep 30, 2024 | 305.00 Mn |
| Jun 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 12.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Dec 31, 2023 | -245.00 Mn |
| Dec 31, 2023 | -245.00 Mn |