Occidental Petroleum OXY
NYSE OXY
$62.72 +0.34 (+0.55%)
As of: Oct 19, 2026 · 3:59 PM EDT

Occidental Petroleum (OXY) Operating Leases (2019 - 2024)

Updated

Occidental Petroleum (OXY) posted Operating Leases of $638 million for Q3 2024, up 10.6% from $577 million a year earlier but down 4.5% from the prior quarter.

Analysis

Occidental Petroleum (OXY) Operating Leases (2019 - 2024) Analysis & Trends

At the end of FY2023, Occidental Petroleum's Operating Leases came in at $727 million, up 10.7% from FY2022.

  • Annual Operating Leases shows a four-year compound annual growth rate of -4.4% (FY2019 to FY2023).
  • In prior years, Occidental Petroleum's Operating Leases was $657 million in FY2022 (+12.3%), $585 million in FY2021 (-8.7%), $641 million in FY2020 (-26.5%) and $872 million in FY2019.
  • Quarterly Operating Leases has run from a low of $558 million in Q1 2022 to a high of $872 million in Q4 2019 over five years.
  • On a year-over-year basis, Operating Leases has increased in each of the last four quarters, with growth averaging 7.4% over the last eight quarters.
  • The strongest year-over-year quarter for Operating Leases in the past five years was Q2 2020, with growth of 66.3%; the weakest was Q4 2020, with a decline of 26.5%.
  • According to Business Quant data, Operating Leases for the three prior quarters was $668 million (Q2 2024), $664 million (Q1 2024) and $727 million (Q4 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 ExxonMobil Holdings 744.22 Bn 700.71 Bn -
2 Chevron 442.27 Bn 414.39 Bn 33.45 Bn
3 Shell 308.83 Bn 238.57 Bn 30.13 Bn
4 TotalEnergies SE 197.25 Bn 77.83 Bn 61.77 Bn
5 Conocophillips 176.36 Bn 149.07 Bn 12.81 Bn
6 Equinor Asa 119.62 Bn 34.07 Bn -
7 Phillips 66 116.49 Bn 104.28 Bn 8.38 Bn
8 Canadian Natural Resources 113.27 Bn 110.27 Bn 8.84 Bn
9 Suncor Energy 95.51 Bn 81.26 Bn -
10 Occidental Petroleum 62.60 Bn 50.51 Bn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 638.00 Mn
Jun 30, 2024 668.00 Mn
Mar 31, 2024 664.00 Mn
Dec 31, 2023 727.00 Mn
Sep 30, 2023 577.00 Mn
Jun 30, 2023 576.00 Mn
Mar 31, 2023 595.00 Mn
Dec 31, 2022 657.00 Mn
Sep 30, 2022 616.00 Mn
Jun 30, 2022 589.00 Mn
Mar 31, 2022 558.00 Mn
Dec 31, 2021 585.00 Mn
Sep 30, 2021 593.00 Mn
Jun 30, 2021 583.00 Mn
Mar 31, 2021 628.00 Mn
Dec 31, 2020 641.00 Mn
Sep 30, 2020 786.00 Mn
Jun 30, 2020 740.00 Mn
Mar 31, 2020 768.00 Mn
Dec 31, 2019 872.00 Mn
API Access

Occidental Petroleum Operating Leases 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.

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