Occidental Petroleum (OXY) Deferred Taxes (2009 - 2026)

Occidental Petroleum (OXY) has reported Deferred Taxes for 18 consecutive years, with $707.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Deferred Taxes rose 5991.67% year-over-year to $707.0 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 485.77% increase from a year earlier, with the FY2025 full-year figure at $127.0 million, up 147.92% from the prior year.
• Deferred Taxes was $707.0 million for Q2 2026 at Occidental Petroleum, up from $50.0 million in the prior quarter.
• Over five years, Deferred Taxes peaked at $707.0 million in Q2 2026 and troughed at -$2.2 billion in Q1 2022.
• A 5-year average of -$53.4 million and a median of $33.5 million in 2023 frame the typical range for Deferred Taxes.
• Across the five-year window, Deferred Taxes tumbled 2665.43% in 2022 and soared 5991.67% in 2026, its largest moves.
• Over 5 years, Deferred Taxes stood at $121.0 million in 2022, then sank by 177.69% to -$94.0 million in 2023, then grew by 11.7% to -$83.0 million in 2024, then jumped by 251.81% to $126.0 million in 2025, then jumped by 461.11% to $707.0 million in 2026.
• The last three Deferred Taxes figures came in at $707.0 million (Q2 2026), $50.0 million (Q1 2026), and $126.0 million (Q4 2025), per Business Quant data.