Occidental Petroleum OXY-WT
NYSE OXY-WT
$39.36 -0.11 (-0.28%)
As of: Aug 21, 2026 · 3:57 PM EDT

Occidental Petroleum (OXY-WT) Change in Taxes (2019 - 2026)

Occidental Petroleum (OXY-WT) posted quarterly 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 reported Change in Taxes for 8 consecutive years, with $35.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Taxes fell 28.57% year-over-year to $35.0 million; the TTM figure through Mar 2026 stood at -$319.0 million (down 197.85% YoY), while the FY2025 annual figure was -$305.0 million, down 164.62% from the prior year.
  • Change in Taxes rose to $35.0 million in Q1 2026 per OXY-WT's latest filing, from -$136.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $305.0 million in Q3 2024 and bottomed at -$432.0 million in Q3 2022.
  • Historically, Change in Taxes has averaged $4.9 million across 5 years, with a median of $35.0 million in 2026.
  • Annual changes were most pronounced in 2022 — Change in Taxes surged 1842.86% — and 2025, when it tumbled 2491.67%.
  • Occidental Petroleum's Change in Taxes stood at -$80.0 million in 2022, then plunged by 206.25% to -$245.0 million in 2023, then soared by 83.67% to -$40.0 million in 2024, then slumped by 240.0% to -$136.0 million in 2025, then soared 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 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn -
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn 454.72 Mn
3 Eog Resources 80.47 Bn 75.56 Bn - -69.00 Mn
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn -287.00 Mn
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 -32.00 Mn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn -
9 Texas Pacific Land 26.50 Bn 26.25 Bn - -8.34 Mn
10 Expand Energy 22.89 Bn 21.63 Bn 2.33 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 -32.00 Mn
Jun 30, 2026 -32.00 Mn
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