What is Occidental Petroleum's change in income taxes?

Occidental Petroleum (OXY) reported change in income taxes of $35M in Q1 2026.

How has Occidental Petroleum's change in income taxes changed year-over-year?

Occidental Petroleum's change in income taxes decreased by 28.6% year-over-year, from $49M to $35M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Occidental Petroleum OXY Change in Income Taxes

Change in Income Taxes at other companies

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$10.11M+116%

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Other financials

Income statement

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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

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Operating cash flow$1.3B-40.4%

CapEx$1.6B-7.6%

Free cash flow-$273.0M-159%

Valuation

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Market cap$48.31B+13.7%

Enterprise value$62.04B-4.7%

P/E10.1×-6.5×

P/S2.4×+0.4×

Profitability

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Gross margin85.8%+1.8pp

Net margin23.9%+8.9pp

FCF margin16.8%-8.1pp

Returns & leverage

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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:IncreaseDecreaseInAccruedIncomeTaxesPayable.

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 change in income taxes?: Occidental Petroleum (OXY) reported change in income taxes of $35M in Q1 2026.
How has Occidental Petroleum's change in income taxes changed year-over-year?: Occidental Petroleum's change in income taxes decreased by 28.6% year-over-year, from $49M to $35M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.