Occidental Petroleum (OXY-WT) Research & Development (2009 - 2026)

Occidental Petroleum (OXY-WT) has 18 years of Research & Development data on file, last reported at $110.0 million in Q1 2026.

• On a quarterly basis, Research & Development rose 100.0% year-over-year to $110.0 million in Q1 2026; TTM through Mar 2026 was $304.0 million, a 15.15% increase from a year earlier, with the FY2025 full-year figure at $249.0 million, down 9.45% from the prior year.
• Research & Development for Q1 2026 stood at $110.0 million, up from $45.0 million in the prior quarter.
• Over the last five years, Research & Development for OXY-WT reached as high as $125.0 million in Q3 2023 and fell as low as $25.0 million in Q1 2022.
• Historically, Research & Development has averaged $75.9 million across 5 years, with a median of $69.0 million in 2024.
• Across the five-year window, Research & Development sank 69.77% in 2022 and jumped 308.0% in 2023, its largest moves.
• Year by year, Research & Development stood at $118.0 million in 2022, then retreated by 5.08% to $112.0 million in 2023, then sank by 38.39% to $69.0 million in 2024, then plunged by 34.78% to $45.0 million in 2025, then surged by 144.44% to $110.0 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $110.0 million in Q1 2026, $45.0 million in Q4 2025, and $66.0 million in Q3 2025.