Occidental Petroleum Corp /De/ (OXY) Change in Taxes (2019 - 2026)

Occidental Petroleum (OXY) has reported Change in Taxes for 8 consecutive years, with $35.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Change in Taxes fell 28.57% year-over-year to $35.0 million; the TTM figure through Mar 2026 stood at -$319.0 million (down 197.85% YoY), while the FY2025 annual figure was -$305.0 million, down 164.62% from the prior year.
• Change in Taxes rose to $35.0 million in Q1 2026 per OXY's latest filing, from -$136.0 million in the prior quarter.
• Across five years, Change in Taxes topped out at $305.0 million in Q3 2024 and bottomed at -$432.0 million in Q3 2022.
• Historically, Change in Taxes has averaged $4.9 million across 5 years, with a median of $35.0 million in 2026.
• Annual changes were most pronounced in 2022 — Change in Taxes surged 1842.86% — and 2025, when it tumbled 2491.67%.
• Occidental Petroleum's Change in Taxes stood at -$80.0 million in 2022, then plunged by 206.25% to -$245.0 million in 2023, then soared by 83.67% to -$40.0 million in 2024, then slumped by 240.0% to -$136.0 million in 2025, then soared by 125.74% to $35.0 million in 2026.
• Business Quant data shows OXY's Change in Taxes at $35.0 million in Q1 2026, -$136.0 million in Q4 2025, and $69.0 million in Q3 2025.