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
DateValue
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