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

Occidental Petroleum's (OXY-WT) quarterly Tax Rate came in at 39.49% in Q1 2026, up 1001.0% year-on-year from 3.59% in Q1 2025, and up 206.62% on a QoQ basis from 37.04% in Q4 2025.

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

Occidental Petroleum (OXY-WT) has 18 years of Tax Rate data on file, last reported at 39.49% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 1001.0% year-over-year to 39.49% in Q1 2026; TTM through Mar 2026 was 36.05%, a 739.0% increase from a year earlier, with the FY2025 full-year figure at 32.64%, up 386.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 39.49%, up from 37.04% in the prior quarter.
  • Over the last five years, Tax Rate for OXY-WT reached as high as 39.49% in Q1 2026 and fell as low as 58.16% in Q1 2022.
  • Historically, Tax Rate has averaged 19.47% across 5 years, with a median of 27.79% in 2025.
  • Across the five-year window, Tax Rate surged 8532 bps in 2023 and slumped 6727 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 19.71% in 2022, then grew by 2 bps to 20.19% in 2023, then soared by 50 bps to 30.23% in 2024, then slumped by 223 bps to 37.04% in 2025, then soared by 207 bps to 39.49% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 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 141.43 Bn 135.06 Bn 9.48 Bn 35.09%
2 Eog Resources 74.61 Bn 70.76 Bn - 22.50%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 18.18%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 57.82%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 39.49%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 23.18%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 22.15%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -671.43%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 22.16%
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 15.40%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 30.23%
Sep 30, 2024 28.48%
Sep 30, 2024 28.48%