Discontinued — last reported Q4 '25

Non-Current Liabilities

Asset retirement obligations

Occidental Petroleum Asset retirement obligations decreased by 91.8% to $343.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 91.1%, from $3.85B to $343.00M. Over 5 years (FY 2020 to FY 2025), Asset retirement obligations shows relatively stable performance with a 1.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ2 2022
Last reportedQ4 2025

How to read this metric

An increase reflects higher projected environmental or decommissioning costs, which may impact long-term cash flow planning.

Detailed definition

This represents the estimated legal or contractual costs associated with the future retirement, decommissioning, or envi...

Peer comparison

Common in manufacturing, energy, and healthcare sectors with significant physical infrastructure.

Metric ID: asset_retirement_obligations

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.95B$3.94B$3.69B$3.63B$3.60B$3.55B$3.64B$3.62B$3.67B$3.64B$3.88B$3.87B$3.85B$3.89B$4.04B$3.85B$3.83B$3.86B$4.17B$343.00M
QoQ Change-0.2%-6.5%-1.4%-0.9%-1.3%+2.3%-0.5%+1.4%-0.8%+6.8%-0.4%-0.5%+1.0%+4.0%-4.7%-0.8%+0.8%+8.2%-91.8%
YoY Change-8.8%-9.9%-1.4%-0.4%+1.9%+2.3%+6.8%+6.9%+4.9%+6.9%+4.1%-0.3%-0.6%-0.8%+3.2%-91.1%
Range$343.00M$4.17B
CAGR-40.2%
Avg YoY Growth-4.8%
Median YoY Growth+0.8%

Frequently Asked Questions

What is Occidental Petroleum's asset retirement obligations?
Occidental Petroleum (OXY) reported asset retirement obligations of $343.00M in Q1 2026.
How has Occidental Petroleum's asset retirement obligations changed year-over-year?
Occidental Petroleum's asset retirement obligations decreased by 91.1% year-over-year, from $3.85B to $343.00M.
What is the long-term trend for Occidental Petroleum's asset retirement obligations?
Over 5 years (2020 to 2025), Occidental Petroleum's asset retirement obligations has grown at a 1.0% compound annual growth rate (CAGR), from $3.98B to $4.17B.
What does asset retirement obligations mean?
The estimated future cost to dismantle or clean up facilities and equipment once they are no longer in use.