Income StatementBalance SheetCash FlowSegments
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Occidental Petroleum Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Occidental Petroleum holds $80.5B in total assets. Shareholders' equity is $38.9B against $17.6B in total debt. Cash and equivalents total $3.8B. The current ratio is 1.21 and debt-to-equity is 0.451. Based on the Q1 2026 filing.

Total Assets$80.5BTotal Stockholders Equity$38.9BLong Term Debt$15.7BCash And Equivalents$3.8BTotal Current Assets$11.1BTotal Current Liabilities$9.2B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$58.5B
P/E Ratio8.42
ROE18.86%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$3.5B$3.8B$3.8B$3.5B$3.3B$3.8B
Accrued Environmental Liabilities—190100000000.0%189400000000.0%186600000000.0%187000000000.0%185500000000.0%
Accrued interest————$386.0M$184.0M
Accrued Manufacturing Costs————$620.0M$354.0M
Other Commercial Liabilities$4.2B$3.9B$3.9B$3.9B$3.6B$5.0B
Accrued Income Taxes, Current————$159.0M$1.6B
Accrued Liabilities, Current$4.2B$3.9B$3.9B$3.9B$3.6B$5.0B
Compensation and benefits————$620.0M$354.0M
Other accrued liabilities————$815.0M$1.2B
Dividends payable————$383.0M$405.0M
Finance Lease Liability, Current$135.0M$149.0M$148.0M$153.0M$198.0M$200.0M
Liabilities held for sale$663.0M———$778.0M$0.0
Operating lease liabilities, current$334.0M$393.0M$399.0M$414.0M$350.0M$383.0M
Total current liabilities$9.5B$9.6B$8.6B$9.4B$9.4B$9.2B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$2.8B$3.6B$3.5B$3.2B$2.6B$3.7B
Assets held for sale$1.1B———$1.2B$0.0
Cash and cash equivalents$2.2B$2.6B$2.4B$2.2B$2.0B$3.8B
Other current assets$490.0M$699.0M$670.0M$700.0M$601.0M$933.0M
Disposal Group - Cash and Cash Equivalents—$8.0M———$0.0
Inventories$2.2B$2.2B$2.0B$2.2B$601.0M$613.0M
Materials and supplies$1.3B$1.3B$1.3B$1.3B$1.2B$1.2B
Restricted cash—$15.0M$16.0M$18.0M—$18.0M
Total current assets$9.1B$9.7B$9.0B$8.8B$8.8B$11.1B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Environmental Liabilities (Non-Current)—$1.8B$1.7B$1.7B$1.7B$1.7B
Asset retirement obligations$3.9B$3.9B$3.8B$3.9B$381.0M$343.0M
Deferred Credits$16.5B$16.2B$16.3B$16.4B$17.5B$16.5B
Defined Benefit Pension Plan Liabilities (Non-Current)————$985.0M$933.0M
Finance lease liabilities$658.0M$658.0M$631.0M$632.0M$801.0M$764.0M
Long-term debt$26.1B$25.6B$23.8B$22.5B$22.4B$15.7B
Long-Term Debt and Finance Lease Obligations$25.0B$24.0B$23.3B$20.8B$20.6B$15.2B
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent————$985.0M$933.0M
Operating lease liabilities, non-current————$605.0M$557.0M
Other non-current liabilities$7.0B$7.1B$7.2B$7.2B$7.3B$7.3B
Total Carrying Value of Debt$24.4B$23.9B$22.1B$20.8B$20.4B$13.8B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$19.9B$19.9B$20.8B$20.9B$21.0B$21.1B
Accumulated other comprehensive income (loss)$179.0M$170.0M$164.0M$204.0M$202.0M$194.0M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$233.0M$234.0M$243.0M$243.0M$243.0M$244.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$8.3B$8.3B$8.3B$8.3B$8.3B$8.3B
Retained earnings$21.2B$21.7B$21.8B$22.2B$21.9B$24.8B
Total liabilities and stockholders' equity$85.4B$85.0B$84.4B$83.5B$84.2B$80.5B
Total stockholders' equity$34.2B$34.7B$35.7B$36.3B$36.0B$38.9B
Treasury stock$15.6B$15.6B$15.6B$15.6B$15.6B$15.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis————$137.8B$138.1B
Accrued liabilities————$7.3B$7.3B
Accrual for Environmental Loss Contingencies—$1.9B$1.9B$1.9B$1.9B$1.9B
Property and other taxes, including payroll————$498.0M$413.0M
Accrued Environmental Loss Contingencies, Current—$150.0M$150.0M$150.0M$151.0M$151.0M
Accrued Environmental Loss Contingencies, Noncurrent—$1.8B$1.7B$1.7B$1.7B$1.7B
Income taxes payable – long-term————$2.4B$2.4B
Cash and cash equivalents, end of period$2.2B$2.6B——$2.0B$3.8B
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1—$22.00————
Warrants exercisable (in shares)——41.9M———
Temporarily reduced price (in dollars per share)—$21.30————
Common stock, par value (in dollars per share)$0.20$0.20$0.20$0.20$0.20$0.20
Common stock, shares authorized (in shares)1.5B1.5B1.5B1.5B1.5B1.5B
Common stock, shares issued (in shares)1.2B1.2B1.2B1.2B1.2B1.2B
Common Stock, Shares, Outstanding938.5M942M984.4M985.2M986M991.2M
Long-term debt, gross$24.4B$23.9B$22.1B$20.8B$20.4B$13.8B
Debt Instrument, Unamortized Discount (Premium), Net-$1.0B-$1.0B-$972.0M-$950.0M-$1.1B-$1.0B
Other deferred credits and liabilities$6.8B———$7.3B—
Debt Issuance Costs, Net$105.0M$100.0M$95.0M$88.0M$84.0M$62.0M
Deferred income taxes$5.4B$5.3B$5.2B$5.4B$5.6B$5.0B
Environmental remediation additional loss range—$1.9B$1.9B$1.9B—$1.9B
Number of Sites—157.00155.00155.00—151.00
Environmental reserves, exceeding $ ten million, threshold value, number of sites—17.0015.0015.00—16.00
Environmental reserves, exceeding $ ten million, threshold value—$10.0M$10.0M$10.0M—$10.0M
Environmental reserves, range between zero to $ one million site category, number of sites—87.0086.0090.00—86.00
Equity method investments (Note 11)$2.6B$3.1B$2.9B$3.0B$2.5B$2.3B
Current maturities of long-term debt$135.0M$149.0M$148.0M$153.0M$198.0M$200.0M
Liabilities of discontinued operations (Note 2)$333.0M———$418.0M$0.0
Long-Term Debt and Lease Obligation$25.0B$24.0B$23.3B$20.8B$20.6B$15.2B
Less: current maturities$1.1B$1.6B$433.0M$1.6B$1.8B$424.0M
Long-term Debt, Current Maturities Excluding Finance Leases$1.0B$1.4B$285.0M$1.5B$1.6B$224.0M
Potential cash tax—$1.4B$1.4B$1.4B—$1.4B
Noncontrolling interests in subsidiaries$321.0M$393.0M$454.0M$505.0M$564.0M$628.0M
Other long-term liabilities————$1.6B$1.7B
Preferred Stock, Par or Stated Value Per Share$1.00$1.00$1.00$1.00$1.00$1.00
Preferred Stock, Shares Issued84.9K84.9K84.9K84.9K84.9K84.9K
Restricted cash equivalents included in Other long-term assets—$15.0M$18.0M$19.0M—$18.0M
Treasury stock, shares (in shares)228.3M228.3M228.3M228.3M228.3M229.7M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$10.5B$3.0B$3.0B$3.1B$11.7B$6.3B
Net Investment in Lease$755.0M$925.0M$1.2B$1.2B$908.0M$890.0M
Investments—$3.1B$2.9B$3.0B$2.5B$2.3B
Joint interest receivables$720.0M$657.0M$638.0M$667.0M$684.0M$791.0M
Operating lease right-of-use assets$755.0M$925.0M$1.2B$1.2B$908.0M$890.0M
Other non-current assets$10.5B$3.0B$3.0B$3.1B$11.7B$6.3B
Property, plant and equipment, net$65.9B$68.2B$68.3B$67.4B$63.6B$63.1B
Property, plant and equipment at cost————$137.8B$138.1B
Operating Lease Right-of-Use Assets in Other Assets$755.0M$925.0M$1.2B$1.2B$908.0M$890.0M
Other non-current assets$2.7B———$3.0B$3.0B
Accumulated depreciation$65.8B$74.1B$75.8B$78.3B$74.1B$75.0B
Total property and equipment, gross$131.6B$142.3B$144.1B$145.8B$137.8B$138.1B
Property and equipment, net————$63.6B$63.1B
Software and Technology Licenses, Net$10.5B$3.0B$3.0B$3.1B$11.7B$6.3B
Total assets$85.4B$85.0B$84.4B$83.5B$84.2B$80.5B