Occidental Petroleum (OXY) Interest Expenses (2009 - 2026)
Occidental Petroleum (OXY) recorded Interest Expenses of $108 million in Q2 2026, down 60.1% from $271 million a year earlier and down 75.0% from the prior quarter.
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Analysis
Occidental Petroleum (OXY) Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Occidental Petroleum's Interest Expenses came in at $1.03 billion as of Jun 30, 2026, down 15.6% year-over-year; for FY2025, it came in at $1.08 billion, down 7.7% from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of -5.4% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $1.17 billion in FY2024 (+22.2%), $957 million in FY2023 (-7.1%), $1.03 billion in FY2022 (-36.2%) and $1.61 billion in FY2021 (+13.3%).
- The Q2 2026 figure is the lowest quarterly Interest Expenses since Q1 2019.
- On a year-over-year basis, Interest Expenses rose in five of the last eight quarters, with growth averaging 1.1%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 101.8% in Q2 2023, against a decline of 70.4% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $432 million (Q1 2026), $215 million (Q4 2025) and $270 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 799.00 Mn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 352.00 Mn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | -1.39 Bn |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 412.64 Mn |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 172.06 Mn |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | - |
| 10 | Occidental Petroleum | 54.92 Bn | 43.47 Bn | - | 108.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.00 Mn |
| Mar 31, 2026 | 432.00 Mn |
| Dec 31, 2025 | 215.00 Mn |
| Sep 30, 2025 | 270.00 Mn |
| Jun 30, 2025 | 271.00 Mn |
| Mar 31, 2025 | 310.00 Mn |
| Dec 31, 2024 | 321.00 Mn |
| Sep 30, 2024 | 312.00 Mn |
| Jun 30, 2024 | 252.00 Mn |
| Mar 31, 2024 | 284.00 Mn |
| Dec 31, 2023 | 259.00 Mn |
| Sep 30, 2023 | 230.00 Mn |
| Jun 30, 2023 | 230.00 Mn |
| Mar 31, 2023 | 238.00 Mn |
| Dec 31, 2022 | 260.00 Mn |
| Sep 30, 2022 | 285.00 Mn |
| Jun 30, 2022 | 114.00 Mn |
| Mar 31, 2022 | 371.00 Mn |
| Dec 31, 2021 | 385.00 Mn |
| Sep 30, 2021 | 449.00 Mn |
API Access
Occidental Petroleum Interest Expenses 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=interest-expenses&ticker=OXY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();