Occidental Petroleum OXY
NYSE OXY
$58.83 -0.46 (-0.77%)
As of: Sep 18, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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