Operating
Asset impairments and other charges
Occidental Petroleum Asset impairments and other charges increased by 400.0% to $105.00M in Q1 2026 compared to the prior quarter. Over 2 years (FY 2021 to FY 2023), Asset impairments and other charges shows a downward trend with a -17.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
Frequent or large impairments signal poor capital allocation or deteriorating market conditions for specific assets.
Detailed definition
This reflects the non-cash write-down of asset values when their carrying amount exceeds their recoverable amount. It is...
Peer comparison
Common in cyclical industries like oil and gas where commodity price volatility impacts asset valuations.
Metric ID:
operating_non_cash_portion_of_asset_impairment_and_relat_20308eHistorical Data
16 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.00M | $17.00M | $131.00M | $0.00 | $0.00 | $0.00 | $0.00 | $52.25M | $52.25M | $52.25M | $52.25M | $21.00M | $334.00M | $0.00 | $21.00M | $105.00M |
| QoQ Change | — | -19.0% | +670.6% | -100.0% | — | — | — | — | +0.0% | +0.0% | +0.0% | -59.8% | >999% | -100.0% | — | +400.0% |
| YoY Change | — | — | — | — | -100.0% | -100.0% | -100.0% | — | — | — | — | -59.8% | +539.2% | — | -93.7% | — |
Range$0.00 – $334.00M
CAGR+53.6%
Avg YoY Growth+14.3%
Median YoY Growth-96.9%
Asset impairments and other charges at Other Companies
Frequently Asked Questions
- What is Occidental Petroleum's asset impairments and other charges?
- Occidental Petroleum (OXY) reported asset impairments and other charges of $105.00M in Q1 2026.
- What is the long-term trend for Occidental Petroleum's asset impairments and other charges?
- Over 2 years (2021 to 2023), Occidental Petroleum's asset impairments and other charges has grown at a -17.1% compound annual growth rate (CAGR), from $304.00M to $209.00M.
- What does asset impairments and other charges mean?
- The non-cash charge taken when assets are deemed to be worth less than their book value.