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| Date | Value |
|---|---|
| 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 |