Occidental Petroleum (OXY-WT) Deferred Taxes (2009 - 2026)

Occidental Petroleum's (OXY-WT) quarterly Deferred Taxes came in at $50.0 million in Q1 2026, up 140.0% year-on-year from $20.8 million in Q1 2025, and down 60.32% on a QoQ basis from $126.0 million in Q4 2025.

Occidental Petroleum (OXY-WT) Deferred Taxes (2009 - 2026) Analysis & Trends

Occidental Petroleum (OXY-WT) has 18 years of Deferred Taxes data on file, last reported at $50.0 million in Q1 2026.

  • On a quarterly basis, Deferred Taxes rose 140.0% year-over-year to $50.0 million in Q1 2026; TTM through Mar 2026 was $306.0 million, a 202.34% increase from a year earlier, with the FY2025 full-year figure at $127.0 million, up 147.92% from the prior year.
  • Deferred Taxes for Q1 2026 stood at $50.0 million, down from $126.0 million in the prior quarter.
  • Over the last five years, Deferred Taxes for OXY-WT reached as high as $272.0 million in Q3 2022 and fell as low as -$2.2 billion in Q1 2022.
  • Historically, Deferred Taxes has averaged -$98.5 million across 5 years, with a median of $17.0 million in 2023.
  • On a YoY basis, Deferred Taxes climbed as much as 1260.0% in 2022 and fell as far as 2665.43% in 2022.
  • Year by year, Deferred Taxes stood at $121.0 million in 2022, then sank by 177.69% to -$94.0 million in 2023, then advanced by 11.7% to -$83.0 million in 2024, then surged by 251.81% to $126.0 million in 2025, then tumbled by 60.32% to $50.0 million in 2026.
  • Per Business Quant data, the three most recent Deferred Taxes figures were $50.0 million in Q1 2026, $126.0 million in Q4 2025, and $147.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 102.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 18.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -242.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 50.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 81.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -3.58 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 234.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 319.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 61.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 50.00 Mn
Dec 31, 2025 126.00 Mn
Sep 30, 2025 147.00 Mn
Jun 30, 2025 -17.00 Mn
Mar 31, 2025 -125.00 Mn
Dec 31, 2024 -83.00 Mn
Sep 30, 2024 -47.00 Mn
Jun 30, 2024 -44.00 Mn
Mar 31, 2024 -91.00 Mn
Dec 31, 2023 -94.00 Mn
Sep 30, 2023 50.00 Mn
Jun 30, 2023 81.00 Mn
Mar 31, 2023 17.00 Mn
Dec 31, 2022 121.00 Mn
Sep 30, 2022 272.00 Mn
Jun 30, 2022 203.00 Mn
Mar 31, 2022 -2.24 Bn
Dec 31, 2021 238.00 Mn
Sep 30, 2021 20.00 Mn
Jun 30, 2021 -131.00 Mn