Occidental Petroleum (OXY) Change in Taxes (2019 - 2026)
Occidental Petroleum's Change in Taxes was -$32 million in Q2 2026, compared with -$242 million a year earlier.
Occidental Petroleum (OXY) Change in Taxes (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Occidental Petroleum's Change in Taxes was -$109 million through Jun 30, 2026; for FY2025, it was -$305 million.
- In earlier years, Change in Taxes was $472 million in FY2024 (+615.2%), $66 million in FY2023 and -$185 million in FY2022.
- Quarterly Change in Taxes has moved between -$432 million (Q3 2022) and $305 million (Q3 2024) over five years.
- Compared with a year earlier, Change in Taxes was higher in 1 of the last four quarters, with an average decline of 31.1%.
- The best year-over-year quarter for Change in Taxes over five years was Q3 2021 (growth of 800.0%); the worst was Q3 2025 (a decline of 92.1%).
- Per Business Quant data, OXY's Change in Taxes in the three quarters before Q2 2026 was $35 million (Q1 2026), -$136 million (Q4 2025) and $24 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | - |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 591.00 Mn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 775.70 Mn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | - |
| 10 | Occidental Petroleum | 62.56 Bn | 50.48 Bn | - | -32.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.00 Mn |
| Mar 31, 2026 | 35.00 Mn |
| Dec 31, 2025 | -136.00 Mn |
| Sep 30, 2025 | 24.00 Mn |
| Jun 30, 2025 | -242.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Dec 31, 2024 | -40.00 Mn |
| Sep 30, 2024 | 305.00 Mn |
| Jun 30, 2024 | 12.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Dec 31, 2023 | -245.00 Mn |
| Sep 30, 2023 | 178.00 Mn |
| Jun 30, 2023 | -118.00 Mn |
| Mar 31, 2023 | 251.00 Mn |
| Dec 31, 2022 | -80.00 Mn |
| Sep 30, 2022 | -432.00 Mn |
| Jun 30, 2022 | 122.00 Mn |
| Mar 31, 2022 | 205.00 Mn |
| Dec 31, 2021 | -63.00 Mn |
| Sep 30, 2021 | 45.00 Mn |
Occidental Petroleum Change in Taxes 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=change-in-taxes&ticker=OXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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=change-in-taxes&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();