Occidental Petroleum (OXY) Debt to Equity (2009 - 2026)

Occidental Petroleum (OXY) reported Debt to Equity of $0.4 for Q1 2026, down 45.67% year-over-year from $0.73 in Q1 2025, and down 35.27% quarter-over-quarter from $0.61 in Q4 2025.

Occidental Petroleum (OXY) Debt to Equity (2009 - 2026) Analysis & Trends

Occidental Petroleum (OXY) has 18 years of Debt to Equity data on file, last reported at $0.4 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.4, down 45.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.4 (down 45.67% YoY), and the FY2025 annual result was $0.61, down 19.21% from the prior year.
  • Debt to Equity retreated to $0.4 in Q1 2026 per OXY's latest filing, from $0.61 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.06 in Q1 2022 and troughed at $0.32 in Q4 2022.
  • A 5-year average of $0.65 and a median of $0.67 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity sank 59.57% in 2022, then soared 111.38% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.32 in 2022, then rose by 11.4% to $0.36 in 2023, then surged by 111.38% to $0.76 in 2024, then decreased by 19.21% to $0.61 in 2025, then sank by 35.27% to $0.4 in 2026.
  • Business Quant data shows OXY's Debt to Equity at $0.4 in Q1 2026, $0.61 in Q4 2025, and $0.62 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.31
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.36
4 Eog Resources 72.93 Bn 69.08 Bn - 0.26
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.40
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.38
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.03
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 0.54

Historic Data

Download Data
DateValue
Mar 31, 2026 0.40
Dec 31, 2025 0.61
Sep 30, 2025 0.62
Jun 30, 2025 0.66
Mar 31, 2025 0.73
Dec 31, 2024 0.76
Sep 30, 2024 0.76
Jun 30, 2024 0.61
Mar 31, 2024 0.64
Dec 31, 2023 0.36
Sep 30, 2023 0.68
Jun 30, 2023 0.68
Mar 31, 2023 0.67
Dec 31, 2022 0.32
Sep 30, 2022 0.73
Jun 30, 2022 0.80
Mar 31, 2022 1.06
Dec 31, 2021 0.47
Sep 30, 2021 1.68
Jun 30, 2021 1.97