Non-Current Assets

PP&E (Net)

Occidental Petroleum PP&E (Net) decreased by 0.8% to $63.12B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

4 periods
 Q2 '21Q3 '21Q4 '25Q1 '26
Value$61.85B$60.64B$63.64B$63.12B
QoQ Change-1.9%+4.9%-0.8%
Range$60.64B$63.64B

Business Segments

View all
SegmentQ1 '26
Oil and gas$56.22B
Midstream and marketing$6.25B
Total$63.12B

Frequently Asked Questions

What is Occidental Petroleum's pp&e (net)?
Occidental Petroleum (OXY) reported pp&e (net) of $63.12B in Q1 2026.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.