Occidental Petroleum (OXY) Change in Taxes (2019 - 2026)

Occidental Petroleum (OXY) has reported Change in Taxes for 8 consecutive years, with -$32.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Change in Taxes rose 86.78% year-over-year to -$32.0 million in Q2 2026; TTM through Jun 2026 was -$109.0 million, a 251.39% decrease from a year earlier, with the FY2025 full-year figure at -$305.0 million, down 164.62% from the prior year.
• Change in Taxes was -$32.0 million for Q2 2026 at Occidental Petroleum, down from $35.0 million in the prior quarter.
• Over five years, Change in Taxes peaked at $305.0 million in Q3 2024 and troughed at -$432.0 million in Q3 2022.
• A 5-year average of $2.8 million and a median of $18.0 million in 2024 frame the typical range for Change in Taxes.
• Across the five-year window, Change in Taxes jumped 1842.86% in 2022 and slumped 2116.67% in 2025, its largest moves.
• Over 5 years, Change in Taxes stood at -$80.0 million in 2022, then plunged by 206.25% to -$245.0 million in 2023, then jumped by 83.67% to -$40.0 million in 2024, then slumped by 240.0% to -$136.0 million in 2025, then jumped by 76.47% to -$32.0 million in 2026.
• The last three Change in Taxes figures came in at -$32.0 million (Q2 2026), $35.0 million (Q1 2026), and -$136.0 million (Q4 2025), per Business Quant data.