Occidental Petroleum (OXY) Asset Writedowns and Impairment (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Asset Writedowns and Impairment came in at $105.0 million in Q1 2026, down 3.67% quarter-over-quarter from $109.0 million in Q4 2025.
Analysis
Occidental Petroleum (OXY) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Asset Writedowns and Impairment for 18 consecutive years, with $105.0 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to $105.0 million in Q1 2026; TTM through Jun 2026 was $214.0 million, a 39.72% decrease from a year earlier, with the FY2025 full-year figure at $109.0 million, down 69.3% from the prior year.
- Asset Writedowns and Impairment was $105.0 million for Q1 2026 at Occidental Petroleum, down from $109.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $334.0 million in Q4 2024 and troughed at $21.0 million in Q3 2024.
- A 5-year average of $123.8 million and a median of $97.5 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment surged 271.11% in 2024 and plunged 67.37% in 2025, its largest moves.
- Over 5 years, Asset Writedowns and Impairment stood at $84.0 million in 2022, then climbed by 7.14% to $90.0 million in 2023, then surged by 271.11% to $334.0 million in 2024, then sank by 67.37% to $109.0 million in 2025, then slipped by 3.67% to $105.0 million in 2026.
- The last three Asset Writedowns and Impairment figures came in at $105.0 million (Q1 2026), $109.0 million (Q4 2025), and $334.0 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 105.00 Mn |
| Dec 31, 2025 | 109.00 Mn |
| Dec 31, 2024 | 334.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Dec 31, 2023 | 90.00 Mn |
| Dec 31, 2022 | 84.00 Mn |
| Dec 31, 2021 | 131.00 Mn |
| Sep 30, 2021 | 17.00 Mn |
| Jun 30, 2021 | 21.00 Mn |
| Mar 31, 2021 | 135.00 Mn |
| Dec 31, 2020 | 87.00 Mn |
| Sep 30, 2020 | 2.70 Bn |
| Jun 30, 2020 | 6.45 Bn |
| Mar 31, 2020 | 1.77 Bn |
| Dec 31, 2019 | 1.00 Bn |
| Sep 30, 2019 | 325.00 Mn |
| Jun 30, 2019 | -10.00 Mn |
| Mar 31, 2019 | 10.00 Mn |
| Dec 31, 2018 | 305.00 Mn |
| Sep 30, 2018 | 214.00 Mn |