Occidental Petroleum (OXY) Capital Expenditures (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Capital Expenditures came in at $1.6 billion in Q2 2026, down 6.8% year-over-year from $1.7 billion in Q2 2025, and up 2.25% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
Occidental Petroleum (OXY) Capital Expenditures (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Capital Expenditures for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 6.8% year-over-year to $1.6 billion in Q2 2026; TTM through Jun 2026 was $6.2 billion, a 30.92% decrease from a year earlier, with the FY2025 full-year figure at $6.4 billion, down 29.51% from the prior year.
- Capital Expenditures was $1.6 billion for Q2 2026 at Occidental Petroleum, up from $1.6 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $5.5 billion in Q3 2024 and troughed at $80.0 million in Q4 2024.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2026 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures sank 91.75% in 2024 and soared 841.25% in 2025, its largest moves.
- Over 5 years, Capital Expenditures stood at $1.5 billion in 2022, then slumped by 36.18% to $970.0 million in 2023, then slumped by 91.75% to $80.0 million in 2024, then soared by 841.25% to $753.0 million in 2025, then soared by 111.02% to $1.6 billion in 2026.
- The last three Capital Expenditures figures came in at $1.6 billion (Q2 2026), $1.6 billion (Q1 2026), and $753.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 4.54 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | -4.24 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -4.23 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -2.37 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 2.87 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 726.00 Mn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 1.35 Bn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 383.15 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 1.59 Bn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.59 Bn |
| Mar 31, 2026 | 1.55 Bn |
| Dec 31, 2025 | 753.00 Mn |
| Sep 30, 2025 | 2.29 Bn |
| Jun 30, 2025 | 1.71 Bn |
| Mar 31, 2025 | 1.68 Bn |
| Dec 31, 2024 | 80.00 Mn |
| Sep 30, 2024 | 5.48 Bn |
| Jun 30, 2024 | 1.77 Bn |
| Mar 31, 2024 | 1.78 Bn |
| Dec 31, 2023 | 970.00 Mn |
| Sep 30, 2023 | 1.62 Bn |
| Jun 30, 2023 | 1.65 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 972.00 Mn |
| Mar 31, 2022 | 858.00 Mn |
| Dec 31, 2021 | 937.00 Mn |
| Sep 30, 2021 | 656.00 Mn |