Discontinued — last reported Q1 '21

Non-Current Assets

PP&E (Gross)

Occidental Petroleum PP&E (Gross) increased by 0.3% to $138.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $142.34B to $138.12B. Over 5 years (FY 2020 to FY 2025), PP&E (Gross) shows an upward trend with a 3.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2020
Last reportedQ1 2021
Parent metricPP&E (Net)

How to read this metric

An increase reflects ongoing capital expenditure and investment in production capacity, while a decrease may indicate asset divestitures or lack of reinvestment.

Detailed definition

This represents the total historical cost of all property, plant, and equipment assets before accounting for accumulated...

Peer comparison

For exploration and production firms, this reflects the massive capital investment required to maintain and expand oil and gas reserves.

Metric ID: ppe_total_gross

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$118.16B$117.54B$118.30B$119.45B$120.73B$122.13B$123.89B$124.94B$126.81B$128.54B$130.22B$138.89B$140.95B$142.34B$144.05B$145.77B$137.75B$138.12B
QoQ Change-0.5%+0.6%+1.0%+1.1%+1.2%+1.4%+0.8%+1.5%+1.4%+1.3%+6.7%+1.5%+1.0%+1.2%+1.2%-5.5%+0.3%
YoY Change+2.2%+3.9%+4.7%+4.6%+5.0%+5.3%+5.1%+11.2%+11.2%+10.7%+10.6%+5.0%-2.3%-3.0%
% of PP&E (Net)216.4%218.8%
Share Change+2.4pp
Range$117.54B$145.77B
CAGR+3.7%
Avg YoY Growth+5.3%
Median YoY Growth+5.0%

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Oil and gas$110.68B$111.88B$120.41B$121.87B$122.88B$124.11B$125.38B$126.90B
Midstream and marketing$8.49B$9.48B$9.67B$9.84B$9.64B
Chemical$8.32B$8.52B$8.48B$8.73B$8.94B$9.23B$9.49B
Total$128.54B$130.22B$138.89B$140.95B$142.34B$144.05B$145.77B$137.75B

Chemical, Midstream and marketing, Oil and gas were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Occidental Petroleum's pp&e (gross)?
Occidental Petroleum (OXY) reported pp&e (gross) of $138.12B in Q1 2026.
How has Occidental Petroleum's pp&e (gross) changed year-over-year?
Occidental Petroleum's pp&e (gross) decreased by 3.0% year-over-year, from $142.34B to $138.12B.
What is the long-term trend for Occidental Petroleum's pp&e (gross)?
Over 5 years (2020 to 2025), Occidental Petroleum's pp&e (gross) has grown at a 3.0% compound annual growth rate (CAGR), from $118.96B to $137.75B.
What does pp&e (gross) mean?
The total original cost of all physical assets like machinery, buildings, and equipment before subtracting depreciation.