Occidental Petroleum (OXY) Tax Provisions (2009 - 2026)

Occidental Petroleum (OXY) has reported Tax Provisions for 18 consecutive years, with $915.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Provisions rose 312.16% year-over-year to $915.0 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 49.58% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, down 11.83% from the prior year.
• Tax Provisions was $915.0 million for Q2 2026 at Occidental Petroleum, up from $154.0 million in the prior quarter.
• Over five years, Tax Provisions peaked at $1.2 billion in Q2 2022 and troughed at -$1.8 billion in Q1 2022.
• A 5-year average of $294.6 million and a median of $390.5 million in 2023 frame the typical range for Tax Provisions.
• The widest YoY moves for Tax Provisions: up 2762.79% in 2022, down 11306.25% in 2022.
• Over 5 years, Tax Provisions stood at $473.0 million in 2022, then sank by 108.88% to -$42.0 million in 2023, then sank by 54.76% to -$65.0 million in 2024, then jumped by 161.54% to $40.0 million in 2025, then surged by 2187.5% to $915.0 million in 2026.
• The last three Tax Provisions figures came in at $915.0 million (Q2 2026), $154.0 million (Q1 2026), and $40.0 million (Q4 2025), per Business Quant data.