Non-Current Assets

Joint interest receivables

Occidental Petroleum Joint interest receivables increased by 15.6% to $791.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $657.00M to $791.00M. Over 2 years (FY 2023 to FY 2025), Joint interest receivables shows a downward trend with a -12.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

High balances may indicate slow reimbursement from partners, potentially impacting cash flow for capital-intensive projects.

Detailed definition

This represents receivables due from partners in joint venture oil and gas projects for their share of exploration, deve...

Peer comparison

Standard for E&P companies operating in joint ventures; peers often disclose these as part of their partner-related receivables.

Metric ID: non_current_assets_oil_and_gas_joint_interest_billing_re_465327

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$902.00M$720.00M$657.00M$638.00M$667.00M$684.00M$791.00M
QoQ Change-20.2%-8.8%-2.9%+4.5%+2.5%+15.6%
YoY Change-20.2%-5.0%+20.4%
Range$638.00M$902.00M
CAGR-8.4%
Avg YoY Growth-1.6%
Median YoY Growth-5.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Occidental Petroleum's joint interest receivables?
Occidental Petroleum (OXY) reported joint interest receivables of $791.00M in Q1 2026.
How has Occidental Petroleum's joint interest receivables changed year-over-year?
Occidental Petroleum's joint interest receivables increased by 20.4% year-over-year, from $657.00M to $791.00M.
What is the long-term trend for Occidental Petroleum's joint interest receivables?
Over 2 years (2023 to 2025), Occidental Petroleum's joint interest receivables has grown at a -12.9% compound annual growth rate (CAGR), from $902.00M to $684.00M.
What does joint interest receivables mean?
Money owed to the company by joint venture partners for their share of long-term project costs.