Occidental Petroleum OXY
NYSE OXY
$58.83 -0.45 (-0.76%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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