Other

Accrual for Environmental Loss Contingencies

Occidental Petroleum Accrual for Environmental Loss Contingencies decreased by 0.8% to $1.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $1.90B to $1.86B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase suggests higher anticipated environmental liabilities, which could impact future earnings and cash flow.

Detailed definition

The estimated liability for potential environmental remediation costs, fines, or legal settlements. This reflects the co...

Peer comparison

Standardized across industrial and energy sectors to assess environmental stewardship and regulatory risk exposure.

Metric ID: other_accrual_for_environmental_loss_contingencies

Historical Data

13 periods
 Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.07B$1.05B$1.03B$1.01B$1.00B$1.00B$988.00M$978.00M$1.90B$1.89B$1.87B$1.87B$1.86B
QoQ Change-2.3%-1.6%-2.2%-0.7%+0.0%-1.3%-1.0%+94.4%-0.4%-1.5%+0.2%-0.8%
YoY Change-6.1%-4.5%-2.9%-2.0%-2.3%+89.9%+91.7%+90.8%-2.4%
Range$978.00M$1.90B
CAGR+20.0%
Avg YoY Growth+28.0%
Median YoY Growth-2.3%

Frequently Asked Questions

What is Occidental Petroleum's accrual for environmental loss contingencies?
Occidental Petroleum (OXY) reported accrual for environmental loss contingencies of $1.86B in Q1 2026.
How has Occidental Petroleum's accrual for environmental loss contingencies changed year-over-year?
Occidental Petroleum's accrual for environmental loss contingencies decreased by 2.4% year-over-year, from $1.90B to $1.86B.
What does accrual for environmental loss contingencies mean?
The amount of money set aside to cover potential environmental cleanup or legal costs.