Other
Exploration Expense
Occidental Petroleum Exploration Expense increased by 144.4% to $110M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $55M to $110M. Over 4 years (FY 2021 to FY 2025), Exploration Expense shows relatively stable performance with a -0.3% CAGR.
Analysis
StatementIncome Statement
SectionOther
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
Metric ID:
other_exploration_expenseHistorical Data
20 periods
| 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 | $86M | $31M | $107M | $25M | $26M | $47M | $118M | $102M | $102M | $125M | $112M | $66M | $83M | $57M | $69M | $55M | $83M | $66M | $45M | $110M |
| QoQ Change | — | -64.0% | +245.2% | -76.6% | +4.0% | +80.8% | +151.1% | -13.6% | +0.0% | +22.5% | -10.4% | -41.1% | +25.8% | -31.3% | +21.1% | -20.3% | +50.9% | -20.5% | -31.8% | +144.4% |
| YoY Change | — | — | — | — | -69.8% | +51.6% | +10.3% | +308.0% | +292.3% | +166.0% | -5.1% | -35.3% | -18.6% | -54.4% | -38.4% | -16.7% | +0.0% | +15.8% | -34.8% | +100.0% |
Range$25M – $125M
CAGR+5.3%
Avg YoY Growth+41.9%
Median YoY Growth-2.5%
Exploration Expense at Other Companies
Frequently Asked Questions
- What is Occidental Petroleum's exploration expense?
- Occidental Petroleum (OXY) reported exploration expense of $110M in Q1 2026.
- How has Occidental Petroleum's exploration expense changed year-over-year?
- Occidental Petroleum's exploration expense increased by 100.0% year-over-year, from $55M to $110M.
- What is the long-term trend for Occidental Petroleum's exploration expense?
- Over 4 years (2021 to 2025), Occidental Petroleum's exploration expense has grown at a -0.3% compound annual growth rate (CAGR), from $252M to $249M.