Occidental Petroleum (OXY) Capital Expenditures (2009 - 2026)
Occidental Petroleum (OXY) recorded Capital Expenditures of $1.59 billion in Q2 2026, down 6.8% from $1.71 billion a year earlier but up 2.3% from the prior quarter.
Occidental Petroleum (OXY) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Occidental Petroleum's Capital Expenditures came in at $6.18 billion as of Jun 30, 2026, down 30.9% year-over-year; for FY2025, it was $6.43 billion, down 29.5% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 20.4% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $9.12 billion in FY2024 (+60.1%), $5.7 billion in FY2023 (+26.7%), $4.5 billion in FY2022 (+56.7%) and $2.87 billion in FY2021 (+13.2%).
- Quarterly Capital Expenditures has ranged from $80 million in Q4 2024 to $5.48 billion in Q3 2024 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in two of the last eight quarters, with growth averaging 113.3%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 841.3% in Q4 2025, against a decline of 91.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.55 billion (Q1 2026), $753 million (Q4 2025) and $2.29 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 6.53 Bn |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 4.54 Bn |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | 80.60 Bn |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | 4.23 Bn |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 3.02 Bn |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | 2.87 Bn |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | -1.72 Bn |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | -1.35 Bn |
| 10 | Occidental Petroleum | 62.60 Bn | 50.51 Bn | - | 1.66 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 1.58 Bn |
| Dec 31, 2025 | 802.00 Mn |
| Sep 30, 2025 | 2.41 Bn |
| Jun 30, 2025 | 1.76 Bn |
| Mar 31, 2025 | 1.73 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 10.53 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Mar 31, 2024 | 1.93 Bn |
| Dec 31, 2023 | 1.46 Bn |
| Sep 30, 2023 | 1.70 Bn |
| Jun 30, 2023 | 1.79 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 2.51 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 |
Occidental Petroleum Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=OXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "OXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();