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
DateValue
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