What is Occidental Petroleum's oil and gas — property, plant and equipment, net?

Occidental Petroleum (OXY) reported oil and gas — property, plant and equipment, net of $56.22B in Q1 2026.

What does oil and gas — property, plant and equipment, net mean?

The current book value of the oil and gas segment's physical assets after accounting for wear and tear.

Business Segments · Property, Plant and Equipment, Net

Oil and gas — Property, Plant and Equipment, Net

Occidental Petroleum Oil and gas — Property, Plant and Equipment, Net decreased by 0.7% to $56.22B in Q1 2026 compared to the prior quarter.

Analysis

StatementSegment

CategoryMarket Position

SignalContext dependent

VolatilityModerate

First reportedQ4 2025

Last reportedQ1 2026

Rolls up toPP&E (Net)

How to read this metric

An increase suggests net growth in the asset base, while a decrease may reflect high depletion rates or asset impairments.

Detailed definition

This metric represents the book value of the oil and gas segment's property, plant, and equipment after subtracting accu...

Peer comparison

Comparable to 'Net PP&E' or 'Net Book Value of Upstream Assets' at peer companies.

Metric ID: oxy_segment_oil_and_gas_property_plant_and_equipment_net

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$56.60B	$56.22B
QoQ Change	—	-0.7%

Range$56.22B – $56.60B

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Frequently Asked Questions

What is Occidental Petroleum's oil and gas — property, plant and equipment, net?: Occidental Petroleum (OXY) reported oil and gas — property, plant and equipment, net of $56.22B in Q1 2026.
What does oil and gas — property, plant and equipment, net mean?: The current book value of the oil and gas segment's physical assets after accounting for wear and tear.