Occidental Petroleum Corp /De/ (OXY) Operating Expenses (2009 - 2026)

Occidental Petroleum (OXY) has reported Operating Expenses for 18 consecutive years, with $4.5 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 4.03% year-over-year to $4.5 billion in Q2 2026; TTM through Jun 2026 was $17.0 billion, a 2.98% decrease from a year earlier, with the FY2025 full-year figure at $19.0 billion, changed 0.49% from the prior year.
• Operating Expenses was $4.5 billion for Q2 2026 at Occidental Petroleum, down from $4.9 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $6.1 billion in Q3 2022 and troughed at $1.9 billion in Q4 2025.
• A 5-year average of $4.9 billion and a median of $5.5 billion in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses grew 6.7% in 2022 and plunged 56.11% in 2023, its largest moves.
• Over 5 years, Operating Expenses stood at $6.1 billion in 2022, then sank by 56.11% to $2.7 billion in 2023, then decreased by 9.98% to $2.4 billion in 2024, then decreased by 20.98% to $1.9 billion in 2025, then soared by 138.01% to $4.5 billion in 2026.
• The last three Operating Expenses figures came in at $4.5 billion (Q2 2026), $4.9 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.