Investing
CapEx
Occidental Petroleum CapEx increased by 106.4% to $1.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.6%, from $1.68B to $1.55B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 22.3% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $698.00M | $656.00M | $937.00M | $858.00M | $972.00M | $1.15B | $1.52B | $1.46B | $1.65B | $1.62B | $970.00M | $1.78B | $1.77B | $1.68B | $1.03B | $1.68B | $2.22B | $1.77B | $753.00M | $1.55B |
| QoQ Change | — | -6.0% | +42.8% | -8.4% | +13.3% | +18.0% | +32.5% | -3.9% | +12.7% | -1.6% | -40.1% | +83.8% | -0.7% | -5.0% | -39.0% | +63.9% | +32.2% | -20.5% | -57.4% | +106.4% |
| YoY Change | — | — | — | — | +39.3% | +74.8% | +62.2% | +70.3% | +69.3% | +41.2% | -36.2% | +22.0% | +7.6% | +4.0% | +5.8% | -5.7% | +25.6% | +5.1% | -26.6% | -7.6% |
Range$656.00M – $2.22B
CAGR+18.4%
Avg YoY Growth+21.9%
Median YoY Growth+14.8%
CapEx at Other Companies
Frequently Asked Questions
- What is Occidental Petroleum's capex?
- Occidental Petroleum (OXY) reported capex of $1.55B in Q1 2026.
- How has Occidental Petroleum's capex changed year-over-year?
- Occidental Petroleum's capex decreased by 7.6% year-over-year, from $1.68B to $1.55B.
- What is the long-term trend for Occidental Petroleum's capex?
- Over 4 years (2021 to 2025), Occidental Petroleum's capex has grown at a 22.3% compound annual growth rate (CAGR), from $2.87B to $6.43B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.