Occidental Petroleum Deferred Credits decreased by 5.9% to $16.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $16.20B to $16.50B. Over 5 years (FY 2020 to FY 2025), Deferred Credits shows relatively stable performance with a 0.0% CAGR.
An increase suggests higher future revenue recognition potential, while a decrease may indicate the fulfillment of obligations or a slowdown in advance payments.
Deferred credits represent obligations where the company has received payment or value for goods or services that have n...
Common across companies with long-term service contracts or subscription models, often compared as a percentage of total liabilities.
deferred_credits| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.76B | $16.84B | $16.95B | $14.75B | $14.92B | $15.01B | $15.10B | $14.96B | $14.96B | $14.98B | $15.98B | $15.95B | $15.87B | $15.87B | $16.47B | $16.20B | $16.28B | $16.44B | $17.54B | $16.50B |
| QoQ Change | — | +0.5% | +0.7% | -13.0% | +1.1% | +0.6% | +0.6% | -0.9% | +0.0% | +0.1% | +6.7% | -0.1% | -0.5% | +0.0% | +3.7% | -1.6% | +0.5% | +1.0% | +6.7% | -5.9% |
| YoY Change | — | — | — | — | -11.0% | -10.9% | -11.0% | +1.4% | +0.3% | -0.2% | +5.8% | +6.7% | +6.0% | +6.0% | +3.1% | +1.6% | +2.6% | +3.6% | +6.5% | +1.9% |