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Occidental Petroleum OXY Gain (Loss) on Disposition of Assets
Gain (Loss) on Disposition of Assets at other companies
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Where this comes from
Reported directly by Occidental Petroleum in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.
The source filing: Occidental Petroleum’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:18 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-030584
| millions | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Depreciation, depletion and amortization of assets | 1,794 | 1,804 |
| Deferred income tax provision (benefit) | 50 | (125) |
| Asset impairments and other charges | 105 | — |
| Losses on sales of assets and other, net | 202 | 19 |
| Other noncash charges to income | 864 | 243 |
| Changes in operating assets and liabilities: | ||
| Increase in trade receivables | (1,101) | (19) |
| Increase in inventories | (26) | — |
Item 1. Financial Statements (unaudited)
FAQ
- What is Occidental Petroleum's gain (loss) on disposition of assets?
- Occidental Petroleum (OXY) reported gain (loss) on disposition of assets of -$202M in Q1 2026.
- How has Occidental Petroleum's gain (loss) on disposition of assets changed year-over-year?
- Occidental Petroleum's gain (loss) on disposition of assets decreased by 963.2% year-over-year, from -$19M to -$202M.
- What is the long-term trend for Occidental Petroleum's gain (loss) on disposition of assets?
- Over 4 years (2021 to 2025), Occidental Petroleum's gain (loss) on disposition of assets has grown at a 8.2% compound annual growth rate (CAGR), from $192M to $263M.
- What does gain (loss) on disposition of assets mean?
- This metric represents the difference between the proceeds received from the sale of assets and their net book value at the time of sale. It is adjusted out of operating cash flow to prevent distortion from non-recurring investment activities.
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