Occidental Petroleum (OXY) Free Cash Flow (2009 - 2026)
Occidental Petroleum's Free Cash Flow was $3.5 billion in Q2 2026, up 178.6% from $1.26 billion a year earlier.
Occidental Petroleum (OXY) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Occidental Petroleum's Free Cash Flow was $5.72 billion through Jun 30, 2026, up 78.9% year-over-year; for FY2025, it came in at $4.11 billion, up 76.8% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 23.7% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $2.32 billion in FY2024 (-64.9%), $6.61 billion in FY2023 (-46.3%), $12.31 billion in FY2022 (+62.8%) and $7.56 billion in FY2021 (+432.7%).
- The Q2 2026 figure marks the highest quarterly Free Cash Flow since Q2 2022.
- Compared with a year earlier, Free Cash Flow was higher in four of the last five quarters, with growth averaging 77.5%.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2022 (growth of 619.3%); the worst was Q1 2024 (a decline of 84.1%).
- Per Business Quant data, OXY's Free Cash Flow in the three quarters before Q2 2026 was -$162 million (Q1 2026), $1.88 billion (Q4 2025) and $503 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 17.03 Bn |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 18.10 Bn |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | -59.17 Bn |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | 6.63 Bn |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 4.41 Bn |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | 6.60 Bn |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 6.53 Bn |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 6.65 Bn |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | 7.00 Bn |
| 10 | Occidental Petroleum | 62.60 Bn | 50.51 Bn | - | 3.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.43 Bn |
| Mar 31, 2026 | -187.00 Mn |
| Dec 31, 2025 | 1.83 Bn |
| Sep 30, 2025 | 380.00 Mn |
| Jun 30, 2025 | 1.20 Bn |
| Mar 31, 2025 | 414.00 Mn |
| Dec 31, 2024 | 2.15 Bn |
| Sep 30, 2024 | -6.75 Bn |
| Jun 30, 2024 | 578.00 Mn |
| Mar 31, 2024 | 82.00 Mn |
| Dec 31, 2023 | 1.78 Bn |
| Sep 30, 2023 | 1.43 Bn |
| Jun 30, 2023 | 1.28 Bn |
| Mar 31, 2023 | 1.41 Bn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 3.12 Bn |
| Jun 30, 2022 | 4.36 Bn |
| Mar 31, 2022 | 2.38 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Sep 30, 2021 | 2.46 Bn |
Occidental Petroleum Free Cash Flow 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=free-cash-flow&ticker=OXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();