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

Occidental Petroleum (OXY-WT) has reported Research & Development for 18 consecutive years, with $37.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development fell 55.42% year-over-year to $37.0 million in Q2 2026; TTM through Jun 2026 was $258.0 million, a 2.27% decrease from a year earlier, with the FY2025 full-year figure at $249.0 million, down 9.45% from the prior year.
• Research & Development was $37.0 million for Q2 2026 at Occidental Petroleum, down from $110.0 million in the prior quarter.
• Over five years, Research & Development peaked at $125.0 million in Q3 2023 and troughed at $25.0 million in Q1 2022.
• A 5-year average of $73.8 million and a median of $67.5 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development plunged 69.77% in 2022 and surged 308.0% in 2023, its largest moves.
• Over 5 years, Research & Development stood at $118.0 million in 2022, then slipped 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 fell by 17.78% to $37.0 million in 2026.
• The last three Research & Development figures came in at $37.0 million (Q2 2026), $110.0 million (Q1 2026), and $45.0 million (Q4 2025), per Business Quant data.