Non-Current Assets

Property, plant and equipment, net

Occidental Petroleum Property, plant and equipment, net decreased by 0.8% to $63.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $68.23B to $63.12B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment, net shows relatively stable performance with a -0.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

An increase indicates capital expansion and infrastructure investment, while a decrease suggests asset depreciation or divestment.

Detailed definition

This represents the net book value of long-term physical assets such as office buildings, data center infrastructure, an...

Peer comparison

Standard line item across all capital-intensive industries, often referred to as 'Net PP&E'.

Metric ID: non_current_assets_property_plant_and_equipment_and_fina_e3effd

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$59.93B$59.23B$58.57B$58.27B$58.38B$58.17B$58.34B$58.27B$58.53B$58.76B$58.87B$69.34B$69.38B$68.23B$68.27B$67.44B$63.64B$63.12B
QoQ Change-1.2%-1.1%-0.5%+0.2%-0.4%+0.3%-0.1%+0.4%+0.4%+0.2%+17.8%+0.1%-1.7%+0.1%-1.2%-5.6%-0.8%
YoY Change-2.6%-1.8%-0.4%-0.0%+0.2%+1.0%+0.9%+19.0%+18.5%+16.1%+16.0%-2.7%-8.3%-7.5%
Range$58.17B$69.38B
CAGR+1.2%
Avg YoY Growth+3.5%
Median YoY Growth+0.1%
Current Streak3 quarters decline

Geographic Breakdown

View all
SegmentQ4 '23Q4 '24Q4 '25
Other International$101.00M$113.00M$40.00M
United States$51.65B
Total$58.53B$69.38B$63.64B

United States was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Occidental Petroleum's property, plant and equipment, net?
Occidental Petroleum (OXY) reported property, plant and equipment, net of $63.12B in Q1 2026.
How has Occidental Petroleum's property, plant and equipment, net changed year-over-year?
Occidental Petroleum's property, plant and equipment, net decreased by 7.5% year-over-year, from $68.23B to $63.12B.
What is the long-term trend for Occidental Petroleum's property, plant and equipment, net?
Over 5 years (2020 to 2025), Occidental Petroleum's property, plant and equipment, net has grown at a -0.7% compound annual growth rate (CAGR), from $65.89B to $63.64B.
What does property, plant and equipment, net mean?
The net value of the company's long-term physical assets like buildings and equipment.