Occidental Petroleum Corp /De/ (OXY) Interest Expenses (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Interest Expenses came in at $108.0 million in Q2 2026, down 60.15% year-over-year from $271.0 million in Q2 2025, and down 75.0% quarter-over-quarter from $432.0 million in Q1 2026.
Analysis
Occidental Petroleum Corp /De/ (OXY) Interest Expenses (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Interest Expenses for 18 consecutive years, with $108.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses fell 60.15% year-over-year to $108.0 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 15.57% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 7.7% from the prior year.
- Interest Expenses was $108.0 million for Q2 2026 at Occidental Petroleum, down from $432.0 million in the prior quarter.
- Over five years, Interest Expenses peaked at $432.0 million in Q1 2026 and troughed at $108.0 million in Q2 2026.
- A 5-year average of $264.6 million and a median of $265.0 million in 2022 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses slumped 70.39% in 2022 and soared 101.75% in 2023, its largest moves.
- Over 5 years, Interest Expenses stood at $260.0 million in 2022, then fell by 0.38% to $259.0 million in 2023, then gained by 23.94% to $321.0 million in 2024, then tumbled by 33.02% to $215.0 million in 2025, then plunged by 49.77% to $108.0 million in 2026.
- The last three Interest Expenses figures came in at $108.0 million (Q2 2026), $432.0 million (Q1 2026), and $215.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
Historic Data
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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 |