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Occidental Petroleum OXY Environmental reserves, exceeding $ ten million, threshold value

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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:EnvironmentalReservesExceedingTenMillionThresholdValueSiteCategory.

The source filing: Occidental Petroleum’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053388

As of June 30, 2026, environmental remediation liabilities of Occidental subsidiaries exceeded $10 million each at 15 of the 149 sites described above, and 85 of the sites had liabilities less than $1 million each. Based on current estimates, the Company expects its subsidiaries to expend funds corresponding to approximately 30% of the remediation balance over the next three to four years with the remainder over the subsequent 10 or more years.

Item 1. Financial Statements (unaudited)

FAQ

What is Occidental Petroleum's environmental reserves, exceeding $ ten million, threshold value?
Occidental Petroleum (OXY) reported environmental reserves, exceeding $ ten million, threshold value of $10M in Q2 2026.
How has Occidental Petroleum's environmental reserves, exceeding $ ten million, threshold value changed year-over-year?
Occidental Petroleum's environmental reserves, exceeding $ ten million, threshold value decreased by 0.0% year-over-year, from $10M to $10M.
What does environmental reserves, exceeding $ ten million, threshold value mean?
Environmental reserves, exceeding $ ten million, threshold value as reported by Occidental Petroleum Corporation.

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