Occidental Petroleum (OXY) Operating Expenses (2009 - 2026)

Occidental Petroleum (OXY) has 18 years of Operating Expenses data on file, last reported at $1.1 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.1 billion, down 8.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.6 billion (down 4.42% YoY), and the FY2025 annual result was $4.7 billion, down 1.2% from the prior year.
• Operating Expenses eased to $1.1 billion in Q1 2026 per OXY's latest filing, from $1.2 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $1.3 billion in Q4 2023 and troughed at $864.0 million in Q1 2022.
• A 5-year average of $1.1 billion and a median of $1.2 billion in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 41.15% in 2022, then retreated 8.13% in 2026.
• A 5-year view of Operating Expenses shows it stood at $1.1 billion in 2022, then advanced by 15.78% to $1.3 billion in 2023, then declined by 6.73% to $1.2 billion in 2024, then declined by 3.02% to $1.2 billion in 2025, then fell by 3.2% to $1.1 billion in 2026.
• Business Quant data shows OXY's Operating Expenses at $1.1 billion in Q1 2026, $1.2 billion in Q4 2025, and $1.2 billion in Q3 2025.