What is Occidental Petroleum's deferred taxes?

Occidental Petroleum (OXY) reported deferred taxes of $50M in Q1 2026.

How has Occidental Petroleum's deferred taxes changed year-over-year?

Occidental Petroleum's deferred taxes increased by 140.0% year-over-year, from -$125M to $50M.

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

Over 3 years (2021 to 2025), Occidental Petroleum's deferred taxes has grown at a 41.7% compound annual growth rate (CAGR), from $46M to $131M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Occidental Petroleum OXY Deferred Taxes

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-$16M—

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$29M+31.8%

HES

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$28.2M+23.1%

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$3.96M-19.0%

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-$1.87M+71.3%

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$22K—

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:DeferredIncomeTaxExpenseBenefit.

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 deferred taxes?: Occidental Petroleum (OXY) reported deferred taxes of $50M in Q1 2026.
How has Occidental Petroleum's deferred taxes changed year-over-year?: Occidental Petroleum's deferred taxes increased by 140.0% year-over-year, from -$125M to $50M.
What is the long-term trend for Occidental Petroleum's deferred taxes?: Over 3 years (2021 to 2025), Occidental Petroleum's deferred taxes has grown at a 41.7% compound annual growth rate (CAGR), from $46M to $131M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.