Occidental Petroleum (OXY-WT) Tax Provisions (2009 - 2026)
Occidental Petroleum (OXY-WT) reported Tax Provisions of $154.0 million for Q1 2026, down 55.62% year-over-year from $347.0 million in Q1 2025, and up 285.0% quarter-over-quarter from $40.0 million in Q4 2025.
Occidental Petroleum (OXY-WT) Tax Provisions (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has 18 years of Tax Provisions data on file, last reported at $154.0 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at $154.0 million, down 55.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $788.0 million (down 34.39% YoY), and the FY2025 annual result was $1.0 billion, down 11.83% from the prior year.
- Tax Provisions grew to $154.0 million in Q1 2026 per OXY-WT's latest filing, from $40.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $1.2 billion in Q2 2022 and troughed at -$1.8 billion in Q1 2022.
- A 5-year average of $260.9 million and a median of $347.0 million in 2025 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 2762.79% in 2022 and fell as far as 11306.25% in 2022.
- A 5-year view of Tax Provisions shows it stood at $473.0 million in 2022, then plunged by 108.88% to -$42.0 million in 2023, then plunged by 54.76% to -$65.0 million in 2024, then surged by 161.54% to $40.0 million in 2025, then jumped by 285.0% to $154.0 million in 2026.
- Business Quant data shows OXY-WT's Tax Provisions at $154.0 million in Q1 2026, $40.0 million in Q4 2025, and $324.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 404.71 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 575.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 32.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -35.82 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 433.35 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -73.74 Mn |
| 10 | Occidental Petroleum | - | - | 4.87 Bn | 154.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 154.00 Mn |
| Dec 31, 2025 | 40.00 Mn |
| Sep 30, 2025 | 324.00 Mn |
| Jun 30, 2025 | 270.00 Mn |
| Mar 31, 2025 | 347.00 Mn |
| Dec 31, 2024 | -65.00 Mn |
| Sep 30, 2024 | 454.00 Mn |
| Jun 30, 2024 | 465.00 Mn |
| Mar 31, 2024 | 304.00 Mn |
| Dec 31, 2023 | -42.00 Mn |
| Sep 30, 2023 | 434.00 Mn |
| Jun 30, 2023 | 467.00 Mn |
| Mar 31, 2023 | 471.00 Mn |
| Dec 31, 2022 | 473.00 Mn |
| Sep 30, 2022 | 902.00 Mn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | -1.79 Bn |
| Dec 31, 2021 | 469.00 Mn |
| Sep 30, 2021 | 387.00 Mn |
| Jun 30, 2021 | 43.00 Mn |