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Occidental Petroleum OXY Oil and gas — Depreciation, depletion and amortization

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Midstream and marketing
$71M-2.7%

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Other financials

Income statement

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Revenue$5.2B-8.3%
Gross profit$5.8B-7.5%
Net income$3.4B+255%
EPS (diluted)$3.13+306%

Balance sheet

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Cash & equivalents$3.8B+45.6%
Total debt$17.6B-34.4%
Total equity$38.9B+12.2%
Total assets$80.5B-5.3%

Cash flow

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Operating cash flow$1.3B-40.4%
CapEx$1.6B-7.6%
Free cash flow-$273.0M-159%

Valuation

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Market cap$50.94B+13.4%
Enterprise value$64.66B-6.4%
P/E10.7×-3.1×
P/S2.5×+0.5×

Profitability

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Gross margin85.8%+1.8pp
Net margin23.9%+8.9pp
FCF margin16.8%-8.1pp

Returns & leverage

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Return on equity13%+3.1pp
Debt / equity0.5×-0.3×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Occidental Petroleum in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Occidental Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Occidental Petroleum's oil and gas — depreciation, depletion and amortization?
Occidental Petroleum (OXY) reported oil and gas — depreciation, depletion and amortization of $1.69B in Q1 2026.
How has Occidental Petroleum's oil and gas — depreciation, depletion and amortization changed year-over-year?
Occidental Petroleum's oil and gas — depreciation, depletion and amortization decreased by 0.7% year-over-year, from $1.7B to $1.69B.
What is the long-term trend for Occidental Petroleum's oil and gas — depreciation, depletion and amortization?
Over 4 years (2021 to 2025), Occidental Petroleum's oil and gas — depreciation, depletion and amortization has grown at a -2.1% compound annual growth rate (CAGR), from $7.74B to $7.12B.
What does oil and gas — depreciation, depletion and amortization mean?
This non-cash expense reflects the systematic allocation of the cost of oil and gas properties and equipment over their useful lives or as reserves are extracted. It is a critical measure of the capital intensity of the segment.