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Occidental Petroleum OXY Asset impairments and other charges

Asset impairments and other charges at other companies

Nabors Industries logo
Nabors IndustriesNBR
$3.7M-65.4%
Nabors Industries logo
Nabors IndustriesNBR
$3.7M-65.4%
Dominion Energy logo
Dominion EnergyD
$291M-25.0%
Azenta logo
AzentaAZTA
$869.5K-21.5%
Azenta logo
AzentaAZTA
$869.5K-21.5%
FDP
FDPFDP
$20M

Other financials

Income statement

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Revenue$8.1B+53.4%
Gross profit$5.8B-7.5%
Net income$3.0B+540%
EPS (diluted)$2.75+958%

Balance sheet

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Cash & equivalents$4.2B+77.5%
Total debt$15.8B-36.8%
Total equity$41.7B+16.9%
Total assets$80.4B-4.7%

Cash flow

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Operating cash flow$4.3B+44.3%
CapEx$1.6B-6.8%
Free cash flow$2.7B+114%

Valuation

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Market cap$58.63B+36.3%
Enterprise value$70.21B+7.0%
P/E-8.8×
P/S2.7×+0.6×

Profitability

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Gross margin85%+1.0pp
Net margin33.7%+21.1pp
FCF margin22.1%-7.8pp

Returns & leverage

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Return on equity18.9%+11.3pp
Debt / equity0.4×-0.3×
Current ratio1.4×+0.4×

Where this comes from

Reported directly by Occidental Petroleum in its filing.

Tagged under the XBRL concept oxy:NonCashPortionOfAssetImpairmentAndRelatedItems.

The source filing: Occidental Petroleum’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030584

FAQ

What is Occidental Petroleum's asset impairments and other charges?
Occidental Petroleum (OXY) reported asset impairments and other charges of $105M in Q1 2026.
What is the long-term trend for Occidental Petroleum's asset impairments and other charges?
Over 3 years (2021 to 2025), Occidental Petroleum's asset impairments and other charges has grown at a -59.0% compound annual growth rate (CAGR), from $304M to $21M.
What does asset impairments and other charges mean?
This reflects the non-cash write-down of asset values when their carrying amount exceeds their recoverable amount. It is added back to net income because it represents a reduction in asset value rather than a cash outflow.

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