Occidental Petroleum OXY-WT
NYSE OXY-WT
$39.36 -0.11 (-0.28%)
As of: Aug 21, 2026 · 1:41 PM EDT

Occidental Petroleum (OXY-WT) Tax Rate (2009 - 2026)

Occidental Petroleum (OXY-WT) posted quarterly Tax Rate of 39.49% for Q1 2026, up 1001.0% year-over-year from 3.59% in Q1 2025, and up 206.62% quarter-over-quarter from 37.04% in Q4 2025.

Occidental Petroleum (OXY-WT) Tax Rate (2009 - 2026) Analysis & Trends

Occidental Petroleum (OXY-WT) has reported Tax Rate for 18 consecutive years, with 39.49% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 1001.0% year-over-year to 39.49%; the TTM figure through Mar 2026 stood at 36.05% (up 739.0% YoY), while the FY2025 annual figure was 32.64%, up 386.0% from the prior year.
  • Tax Rate climbed to 39.49% in Q1 2026 per OXY-WT's latest filing, from 37.04% in the prior quarter.
  • Across five years, Tax Rate topped out at 39.49% in Q1 2026 and bottomed at 58.16% in Q1 2022.
  • Historically, Tax Rate has averaged 19.47% across 5 years, with a median of 27.79% in 2025.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 8532 bps — and 2025, when it plunged 6727 bps.
  • Occidental Petroleum's Tax Rate stood at 19.71% in 2022, then advanced by 2 bps to 20.19% in 2023, then jumped by 50 bps to 30.23% in 2024, then slumped by 223 bps to 37.04% in 2025, then jumped by 207 bps to 39.49% in 2026.
  • Business Quant data shows OXY-WT's Tax Rate at 39.49% in Q1 2026, 37.04% in Q4 2025, and 27.79% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 163.50 Bn 155.81 Bn 12.81 Bn 35.37%
2 Canadian Natural Resources 106.53 Bn 104.64 Bn 10.66 Bn 18.22%
3 Eog Resources 80.14 Bn 75.24 Bn - 22.15%
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 22.01%
5 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 22.36%
6 Woodside Energy 46.08 Bn 40.14 Bn 6.02 Bn -
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 23.37%
8 Eqt 34.01 Bn 33.89 Bn 1.42 Bn 23.18%
9 Texas Pacific Land 26.39 Bn 26.15 Bn - 20.53%
10 Expand Energy 22.99 Bn 21.72 Bn 2.33 Bn 22.32%

Historic Data

Download Data
DateValue
Jun 30, 2026 23.37%
Jun 30, 2026 23.37%
Jun 30, 2026 23.37%
Mar 31, 2026 39.49%
Mar 31, 2026 39.49%
Mar 31, 2026 39.49%
Dec 31, 2025 -37.04%
Dec 31, 2025 -37.04%
Dec 31, 2025 -37.04%
Sep 30, 2025 27.79%
Sep 30, 2025 27.79%
Sep 30, 2025 27.79%
Jun 30, 2025 36.59%
Jun 30, 2025 36.59%
Jun 30, 2025 36.59%
Mar 31, 2025 29.48%
Mar 31, 2025 29.48%
Mar 31, 2025 29.48%
Dec 31, 2024 30.23%
Dec 31, 2024 30.23%