Occidental Petroleum (OXY-WT) Interest Expenses (2009 - 2026)
Occidental Petroleum's (OXY-WT) quarterly Interest Expenses came in at $432.0 million in Q1 2026, down 11.11% year-on-year from $486.0 million in Q1 2025, and up 2600.0% on a QoQ basis from $16.0 million in Q4 2025.
Occidental Petroleum (OXY-WT) Interest Expenses (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has 18 years of Interest Expenses data on file, last reported at $432.0 million in Q1 2026.
- On a quarterly basis, Interest Expenses fell 11.11% year-over-year to $432.0 million in Q1 2026; TTM through Mar 2026 was $994.0 million, a 27.5% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 57.8% from the prior year.
- Interest Expenses for Q1 2026 stood at $432.0 million, up from $16.0 million in the prior quarter.
- Over the last five years, Interest Expenses for OXY-WT reached as high as $598.0 million in Q1 2022 and fell as low as -$206.0 million in Q4 2022.
- Historically, Interest Expenses has averaged $278.8 million across 5 years, with a median of $285.0 million in 2022.
- Across the five-year window, Interest Expenses plunged 153.51% in 2022 and soared 254.85% in 2023, its largest moves.
- Year by year, Interest Expenses stood at -$206.0 million in 2022, then surged by 254.85% to $319.0 million in 2023, then gained by 0.63% to $321.0 million in 2024, then sank by 95.02% to $16.0 million in 2025, then jumped by 2600.0% to $432.0 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $432.0 million in Q1 2026, $16.0 million in Q4 2025, and $270.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 296.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 82.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 95.00 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 | 432.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 75.45 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 2.34 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 152.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 100.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 100.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 432.00 Mn |
| Mar 31, 2026 | 432.00 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 270.00 Mn |
| Sep 30, 2025 | 270.00 Mn |
| Jun 30, 2025 | 276.00 Mn |
| Jun 30, 2025 | 276.00 Mn |
| Mar 31, 2025 | 486.00 Mn |
| Mar 31, 2025 | 486.00 Mn |
| Dec 31, 2024 | 321.00 Mn |
| Dec 31, 2024 | 321.00 Mn |
| Sep 30, 2024 | 312.00 Mn |
| Sep 30, 2024 | 312.00 Mn |
| Jun 30, 2024 | 252.00 Mn |
| Jun 30, 2024 | 252.00 Mn |
| Mar 31, 2024 | 395.00 Mn |
| Mar 31, 2024 | 395.00 Mn |
| Dec 31, 2023 | 319.00 Mn |
| Dec 31, 2023 | 319.00 Mn |