What is Occidental Petroleum's capex?

Occidental Petroleum (OXY) reported capex of $1.55B in Q1 2026.

How has Occidental Petroleum's capex changed year-over-year?

Occidental Petroleum's capex decreased by 7.6% year-over-year, from $1.68B to $1.55B.

What is the long-term trend for Occidental Petroleum's capex?

Over 4 years (2021 to 2025), Occidental Petroleum's capex has grown at a 22.3% compound annual growth rate (CAGR), from $2.87B to $6.43B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Occidental Petroleum OXY CapEx

CapEx at other companies

Cabot CorporationCBT

$45M-37.5%

UnifirstUNF

$38.4M+18.1%

HES

Hess MidstreamHESM

$28.8M-36.7%

Warrior Met CoalHCC

$80.13M+17.0%

Travel + LeisureTNL

$19M-9.5%

MYR GroupMYRG

$16.13M+23.5%

Other financials

Income statement

See full

Revenue$5.2B-8.3%

Gross profit$5.8B-7.5%

Net income$3.4B+255%

EPS (diluted)$3.13+306%

Balance sheet

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Cash & equivalents$3.8B+45.6%

Total debt$17.6B-34.4%

Total equity$38.9B+12.2%

Total assets$80.5B-5.3%

Cash flow

See full

Operating cash flow$1.3B-40.4%

Free cash flow-$273.0M-159%

Valuation

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Market cap$50.94B+13.4%

Enterprise value$64.66B-6.4%

P/E10.7×-3.1×

P/S2.5×+0.5×

Profitability

See full

Gross margin85.8%+1.8pp

Net margin23.9%+8.9pp

FCF margin16.8%-8.1pp

Returns & leverage

See full

Return on equity13%+3.1pp

Debt / equity0.5×-0.3×

Current ratio1.2×+0.2×

Where this comes from

Reported directly by Occidental Petroleum in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Occidental Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Occidental Petroleum's capex?: Occidental Petroleum (OXY) reported capex of $1.55B in Q1 2026.
How has Occidental Petroleum's capex changed year-over-year?: Occidental Petroleum's capex decreased by 7.6% year-over-year, from $1.68B to $1.55B.
What is the long-term trend for Occidental Petroleum's capex?: Over 4 years (2021 to 2025), Occidental Petroleum's capex has grown at a 22.3% compound annual growth rate (CAGR), from $2.87B to $6.43B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.