Costs and Other Deductions
Occidental Petroleum Costs and Other Deductions increased by 154.2% to $4.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.1%, from $5.65B to $4.86B. Over 4 years (FY 2021 to FY 2025), Costs and Other Deductions shows a downward trend with a -5.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A significant increase may indicate rising administrative bloat or unforeseen operational inefficiencies.
Detailed definition
This is an aggregate category for miscellaneous operating and non-operating expenses that do not fit into primary cost b...
Peer comparison
Varies by accounting policy; peers may categorize these differently, making direct comparison difficult.
other_costs_and_other_deductionsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.82B | $5.74B | $6.12B | $5.77B | $6.08B | $6.12B | $6.12B | $5.62B | $5.59B | $5.70B | $6.11B | $5.30B | $5.49B | $5.73B | $7.16B | $5.65B | $5.74B | $5.72B | $1.91B | $4.86B |
| QoQ Change | — | -1.5% | +6.7% | -5.7% | +5.2% | +0.7% | -0.0% | -8.1% | -0.6% | +1.9% | +7.3% | -13.3% | +3.5% | +4.4% | +25.0% | -21.1% | +1.6% | -0.4% | -66.6% | +154.2% |
| YoY Change | — | — | — | — | +4.4% | +6.7% | -0.0% | -2.6% | -8.0% | -6.9% | -0.1% | -5.7% | -1.8% | +0.5% | +17.1% | +6.6% | +4.7% | -0.1% | -73.3% | -14.1% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Oil and gas | — | — | — | $3.98B | $4.06B | $4.09B | $4.10B | $3.93B |
| Midstream and marketing | — | — | — | $420.00M | $422.00M | $451.00M | $328.00M | $473.00M |
| Chemical | $1.01B | $970.00M | $977.00M | $1.04B | $1.05B | $998.00M | — | — |
| Total | $5.49B | $5.73B | $7.16B | $5.65B | $5.74B | $5.72B | $1.91B | $4.86B |
Chemical was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Costs and Other Deductions at Other Companies
Frequently Asked Questions
- What is Occidental Petroleum's costs and other deductions?
- Occidental Petroleum (OXY) reported costs and other deductions of $4.86B in Q1 2026.
- How has Occidental Petroleum's costs and other deductions changed year-over-year?
- Occidental Petroleum's costs and other deductions decreased by 14.1% year-over-year, from $5.65B to $4.86B.
- What is the long-term trend for Occidental Petroleum's costs and other deductions?
- Over 4 years (2021 to 2025), Occidental Petroleum's costs and other deductions has grown at a -5.0% compound annual growth rate (CAGR), from $23.36B to $19.02B.
- What does costs and other deductions mean?
- Miscellaneous expenses that are not classified under primary operational categories.