Occidental Petroleum (OXY-WT) Deferred Taxes (2009 - 2026)
Occidental Petroleum (OXY-WT) posted quarterly Deferred Taxes of $50.0 million for Q1 2026, up 140.0% year-over-year from $20.8 million in Q1 2025, and down 60.32% quarter-over-quarter from $126.0 million in Q4 2025.
Occidental Petroleum (OXY-WT) Deferred Taxes (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has reported Deferred Taxes for 18 consecutive years, with $50.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes rose 140.0% year-over-year to $50.0 million; the TTM figure through Mar 2026 stood at $306.0 million (up 202.34% YoY), while the FY2025 annual figure was $127.0 million, up 147.92% from the prior year.
- Deferred Taxes eased to $50.0 million in Q1 2026 per OXY-WT's latest filing, from $126.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $272.0 million in Q3 2022 and bottomed at -$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.
- Occidental Petroleum's Deferred Taxes stood at $121.0 million in 2022, then sank by 177.69% to -$94.0 million in 2023, then rose by 11.7% to -$83.0 million in 2024, then soared by 251.81% to $126.0 million in 2025, then tumbled by 60.32% to $50.0 million in 2026.
- Business Quant data shows OXY-WT's Deferred Taxes at $50.0 million in Q1 2026, $126.0 million in Q4 2025, and $147.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.76 Bn | 156.06 Bn | 12.81 Bn | 47.00 Mn |
| 2 | Canadian Natural Resources | 106.55 Bn | 104.65 Bn | 10.66 Bn | 225.55 Mn |
| 3 | Eog Resources | 80.25 Bn | 75.34 Bn | - | 346.00 Mn |
| 4 | Diamondback Energy | 59.54 Bn | 59.08 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Devon Energy | 46.20 Bn | 45.19 Bn | 6.02 Bn | 95.00 Mn |
| 6 | Woodside Energy | 46.10 Bn | 40.16 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.35 Bn | 35.20 Bn | 7.73 Bn | 707.00 Mn |
| 8 | Eqt | 33.91 Bn | 33.80 Bn | 1.42 Bn | 81.22 Mn |
| 9 | Texas Pacific Land | 26.38 Bn | 26.13 Bn | - | -1.61 Mn |
| 10 | Expand Energy | 23.06 Bn | 21.79 Bn | 2.33 Bn | 146.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 707.00 Mn |
| 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 |