Oil and gas — Depreciation, depletion and amortization
Occidental Petroleum Oil and gas — Depreciation, depletion and amortization decreased by 8.8% to $1.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $1.70B to $1.69B. Over 4 years (FY 2021 to FY 2025), Oil and gas — Depreciation, depletion and amortization shows relatively stable performance with a -2.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High DD&A relative to production may indicate high capital intensity or significant asset impairment, while lower levels suggest efficient capital utilization.
Detailed definition
This non-cash expense reflects the systematic allocation of the cost of oil and gas properties and equipment over their...
Peer comparison
Standard accounting metric for capital-intensive upstream operations.
oxy_segment_oil_and_gas_depreciation_depletion_and_amortizationHistorical Data
| 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 | $1.94B | $1.94B | $1.94B | $1.54B | $1.54B | $1.54B | $1.54B | $1.53B | $1.53B | $1.53B | $1.53B | $1.50B | $1.57B | $1.72B | $1.77B | $1.70B | $1.72B | $1.84B | $1.85B | $1.69B |
| QoQ Change | — | +0.0% | +0.0% | -20.2% | +0.0% | +0.0% | +0.0% | -1.1% | +0.0% | +0.0% | +0.0% | -2.0% | +5.1% | +9.5% | +3.0% | -4.0% | +0.9% | +7.2% | +0.6% | -8.8% |
| YoY Change | — | — | — | — | -20.2% | -20.2% | -20.2% | -1.1% | -1.1% | -1.1% | -1.1% | -2.0% | +2.9% | +12.7% | +16.0% | +13.7% | +9.2% | +7.0% | +4.5% | -0.7% |
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Frequently Asked Questions
- What is Occidental Petroleum's oil and gas — depreciation, depletion and amortization?
- Occidental Petroleum (OXY) reported oil and gas — depreciation, depletion and amortization of $1.69B in Q1 2026.
- How has Occidental Petroleum's oil and gas — depreciation, depletion and amortization changed year-over-year?
- Occidental Petroleum's oil and gas — depreciation, depletion and amortization decreased by 0.7% year-over-year, from $1.70B to $1.69B.
- What is the long-term trend for Occidental Petroleum's oil and gas — depreciation, depletion and amortization?
- Over 4 years (2021 to 2025), Occidental Petroleum's oil and gas — depreciation, depletion and amortization has grown at a -2.1% compound annual growth rate (CAGR), from $7.74B to $7.12B.
- What does oil and gas — depreciation, depletion and amortization mean?
- The non-cash cost of using up oil and gas assets and reserves over time.