Income Tax Expense (Benefit) of OCCIDENTAL PETROLEUM CORP /DE/ from 31 Mar 2010 to 31 Dec 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
OCCIDENTAL PETROLEUM CORP /DE/ quarterly and annual Income Tax Expense (Benefit) in USD history and change rate from 31 Mar 2010 to 31 Dec 2025.
  • OCCIDENTAL PETROLEUM CORP /DE/ Income Tax Expense (Benefit) for the quarter ending 31 Dec 2025 was $40,000,000.
  • OCCIDENTAL PETROLEUM CORP /DE/ Income Tax Expense (Benefit) for the twelve months ending 31 Dec 2025 was $1,021,000,000, a 12% decline year-over-year.
  • OCCIDENTAL PETROLEUM CORP /DE/ annual Income Tax Expense (Benefit) for 2025 was $1,021,000,000, a 12% decline from 2024.
  • OCCIDENTAL PETROLEUM CORP /DE/ annual Income Tax Expense (Benefit) for 2024 was $1,158,000,000, a 13% decline from 2023.
  • OCCIDENTAL PETROLEUM CORP /DE/ annual Income Tax Expense (Benefit) for 2023 was $1,330,000,000, a 64% increase from 2022.
Source SEC data
View on sec.gov
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

OCCIDENTAL PETROLEUM CORP /DE/ Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q4 2025 $1,021,000,000 $40,000,000 +$105,000,000 01 Oct 2025 31 Dec 2025 10-K 18 Feb 2026 2025 FY
Q3 2025 $916,000,000 $324,000,000 -$130,000,000 -29% 01 Jul 2025 30 Sep 2025 10-Q 10 Nov 2025 2025 Q3
Q2 2025 $1,046,000,000 $270,000,000 -$195,000,000 -42% 01 Apr 2025 30 Jun 2025 10-Q 06 Aug 2025 2025 Q2
Q1 2025 $1,241,000,000 $387,000,000 +$83,000,000 +27% 01 Jan 2025 31 Mar 2025 10-Q 07 May 2025 2025 Q1
Q4 2024 $1,158,000,000 $65,000,000 -$23,000,000 -55% 01 Oct 2024 31 Dec 2024 10-K 18 Feb 2026 2025 FY
Q3 2024 $1,181,000,000 $454,000,000 +$20,000,000 +4.6% 01 Jul 2024 30 Sep 2024 10-Q 10 Nov 2025 2025 Q3
Q2 2024 $1,161,000,000 $465,000,000 -$2,000,000 -0.43% 01 Apr 2024 30 Jun 2024 10-Q 06 Aug 2025 2025 Q2
Q1 2024 $1,163,000,000 $304,000,000 -$167,000,000 -35% 01 Jan 2024 31 Mar 2024 10-Q 07 May 2025 2025 Q1
Q4 2023 $1,330,000,000 $42,000,000 -$515,000,000 -109% 01 Oct 2023 31 Dec 2023 10-K 18 Feb 2026 2025 FY
Q3 2023 $1,845,000,000 $434,000,000 -$468,000,000 -52% 01 Jul 2023 30 Sep 2023 10-Q 12 Nov 2024 2024 Q3
Q2 2023 $2,313,000,000 $467,000,000 -$764,000,000 -62% 01 Apr 2023 30 Jun 2023 10-Q 07 Aug 2024 2024 Q2
Q1 2023 $3,077,000,000 $471,000,000 +$2,264,000,000 01 Jan 2023 31 Mar 2023 10-Q 07 May 2024 2024 Q1
Q4 2022 $813,000,000 $473,000,000 +$4,000,000 +0.85% 01 Oct 2022 31 Dec 2022 10-K 18 Feb 2025 2024 FY
Q3 2022 $809,000,000 $902,000,000 +$515,000,000 +133% 01 Jul 2022 30 Sep 2022 10-Q 07 Nov 2023 2023 Q3
Q2 2022 $294,000,000 $1,231,000,000 +$1,188,000,000 +2763% 01 Apr 2022 30 Jun 2022 10-Q 02 Aug 2023 2023 Q2
Q1 2022 $894,000,000 $1,793,000,000 -$1,809,000,000 -11306% 01 Jan 2022 31 Mar 2022 10-Q 09 May 2023 2023 Q1
Q4 2021 $915,000,000 $469,000,000 +$745,000,000 01 Oct 2021 31 Dec 2021 10-K 14 Feb 2024 2023 FY
Q3 2021 $170,000,000 $387,000,000 +$790,000,000 01 Jul 2021 30 Sep 2021 10-Q 08 Nov 2022 2022 Q3
Q2 2021 $620,000,000 $43,000,000 +$1,511,000,000 01 Apr 2021 30 Jun 2021 10-Q 02 Aug 2022 2022 Q2
Q1 2021 $2,131,000,000 $16,000,000 +$41,000,000 01 Jan 2021 31 Mar 2021 10-Q 10 May 2022 2022 Q1
Q4 2020 $2,172,000,000 $276,000,000 -$443,000,000 -265% 01 Oct 2020 31 Dec 2020 10-K/A 09 May 2023 2022 FY
Q3 2020 $1,729,000,000 $403,000,000 -$566,000,000 -347% 01 Jul 2020 30 Sep 2020 10-Q 04 Nov 2021 2021 Q3
Q2 2020 $1,163,000,000 $1,468,000,000 -$1,774,000,000 -580% 01 Apr 2020 30 Jun 2020 10-Q 03 Aug 2021 2021 Q2
Q1 2020 $611,000,000 $25,000,000 -$250,000,000 -111% 01 Jan 2020 31 Mar 2020 10-Q 10 May 2021 2021 Q1
Q4 2019 $861,000,000 $167,000,000 +$41,000,000 +33% 01 Oct 2019 31 Dec 2019 10-K 24 Feb 2022 2021 FY
Q3 2019 $820,000,000 $163,000,000 -$547,000,000 -77% 01 Jul 2019 30 Sep 2019 10-Q 09 Nov 2020 2020 Q3
Q2 2019 $1,367,000,000 $306,000,000 +$4,000,000 +1.3% 01 Apr 2019 30 Jun 2019 10-Q 10 Aug 2020 2020 Q2
Q1 2019 $1,363,000,000 $225,000,000 -$114,000,000 -34% 01 Jan 2019 31 Mar 2019 10-Q 06 May 2020 2020 Q1
Q4 2018 $1,477,000,000 $126,000,000 +$557,000,000 01 Oct 2018 31 Dec 2018 10-K 26 Feb 2021 2020 FY
Q3 2018 $920,000,000 $710,000,000 +$625,000,000 +735% 01 Jul 2018 30 Sep 2018 10-Q 04 Nov 2019 2019 Q3
Q2 2018 $295,000,000 $302,000,000 +$17,000,000 +6% 01 Apr 2018 30 Jun 2018 10-Q 31 Jul 2019 2019 Q2
Q1 2018 $278,000,000 $339,000,000 +$261,000,000 +335% 01 Jan 2018 31 Mar 2018 10-Q 06 May 2019 2019 Q1
Q4 2017 $17,000,000 $431,000,000 -$98,000,000 -29% 01 Oct 2017 31 Dec 2017 10-K 28 Feb 2020 2019 FY
Q3 2017 $115,000,000 $85,000,000 +$115,000,000 01 Jul 2017 30 Sep 2017 10-Q 05 Nov 2018 2018 Q3
Q2 2017 $0 $285,000,000 +$381,000,000 01 Apr 2017 30 Jun 2017 10-Q 08 Aug 2018 2018 Q2
Q1 2017 $381,000,000 $78,000,000 +$281,000,000 01 Jan 2017 31 Mar 2017 10-Q 08 May 2018 2018 Q1
Q4 2016 $662,000,000 $333,000,000 +$857,000,000 +72% 01 Oct 2016 31 Dec 2016 10-K 21 Feb 2019 2018 FY
Q3 2016 $1,519,000,000 $30,000,000 +$415,000,000 +93% 01 Jul 2016 30 Sep 2016 10-Q 01 Nov 2017 2017 Q3
Q2 2016 $1,934,000,000 $96,000,000 -$420,000,000 -130% 01 Apr 2016 30 Jun 2016 10-Q 02 Aug 2017 2017 Q2
Q1 2016 $1,514,000,000 $203,000,000 -$184,000,000 -968% 01 Jan 2016 31 Mar 2016 10-Q 04 May 2017 2017 Q1
Q4 2015 $1,330,000,000 $1,190,000,000 -$573,000,000 -93% 01 Oct 2015 31 Dec 2015 10-K 23 Feb 2018 2017 FY
Q3 2015 $757,000,000 $445,000,000 -$1,144,000,000 -164% 01 Jul 2015 30 Sep 2015 10-Q 01 Nov 2016 2016 Q3
Q2 2015 $387,000,000 $324,000,000 -$485,000,000 -60% 01 Apr 2015 30 Jun 2015 10-Q 03 Aug 2016 2016 Q2
Q1 2015 $872,000,000 $19,000,000 -$813,000,000 -102% 01 Jan 2015 31 Mar 2015 10-Q 05 May 2016 2016 Q1
Q4 2014 $1,685,000,000 $617,000,000 -$1,049,000,000 -243% 01 Oct 2014 31 Dec 2014 10-K 23 Feb 2017 2016 FY
Q3 2014 $2,734,000,000 $699,000,000 -$338,000,000 -33% 01 Jul 2014 30 Sep 2014 10-Q 30 Oct 2015 2015 Q3
Q2 2014 $3,072,000,000 $809,000,000 -$92,000,000 -10% 01 Apr 2014 30 Jun 2014 10-Q 04 Aug 2015 2015 Q2
Q1 2014 $3,164,000,000 $794,000,000 -$50,000,000 -5.9% 01 Jan 2014 31 Mar 2014 10-Q 06 May 2015 2015 Q1
Q4 2013 $3,214,000,000 $432,000,000 +$642,000,000 01 Oct 2013 31 Dec 2013 10-K 26 Feb 2016 2015 FY
Q3 2013 $2,572,000,000 $1,037,000,000 +$182,000,000 +21% 01 Jul 2013 30 Sep 2013 10-Q 31 Oct 2014 2014 Q3
Q2 2013 $2,390,000,000 $901,000,000 +$26,000,000 +3% 01 Apr 2013 30 Jun 2013 10-Q 05 Aug 2014 2014 Q2
Q1 2013 $2,364,000,000 $844,000,000 -$295,000,000 -26% 01 Jan 2013 31 Mar 2013 10-Q 05 May 2014 2014 Q1
Q4 2012 $2,659,000,000 $210,000,000 -$1,159,000,000 -122% 01 Oct 2012 31 Dec 2012 10-K 23 Feb 2015 2014 FY
Q3 2012 $3,818,000,000 $855,000,000 -$232,000,000 -21% 01 Jul 2012 30 Sep 2012 10-Q 30 Oct 2013 2013 Q3
Q2 2012 $4,050,000,000 $875,000,000 -$236,000,000 -21% 01 Apr 2012 30 Jun 2012 10-Q 05 Aug 2013 2013 Q2
Q1 2012 $4,286,000,000 $1,139,000,000 +$85,000,000 +8.1% 01 Jan 2012 31 Mar 2012 10-Q 01 May 2013 2013 Q1
Q4 2011 $4,201,000,000 $949,000,000 +$331,000,000 +54% 01 Oct 2011 31 Dec 2011 10-K 03 Mar 2014 2013 FY
Q3 2011 $3,870,000,000 $1,087,000,000 +$265,000,000 +32% 01 Jul 2011 30 Sep 2011 10-Q 02 Nov 2012 2012 Q3
Q2 2011 $3,605,000,000 $1,111,000,000 +$302,000,000 +37% 01 Apr 2011 30 Jun 2011 10-Q 06 Aug 2012 2012 Q2
Q1 2011 $3,303,000,000 $1,054,000,000 +$308,000,000 +41% 01 Jan 2011 31 Mar 2011 10-Q 03 May 2012 2012 Q1
Q4 2010 $2,995,000,000 $618,000,000 01 Oct 2010 31 Dec 2010 10-K 26 Feb 2013 2012 FY
Q3 2010 $822,000,000 01 Jul 2010 30 Sep 2010 10-Q 03 Nov 2011 2011 Q3
Q2 2010 $809,000,000 01 Apr 2010 30 Jun 2010 10-Q 04 Aug 2011 2011 Q2
Q1 2010 $746,000,000 01 Jan 2010 31 Mar 2010 10-Q 05 May 2011 2011 Q1

OCCIDENTAL PETROLEUM CORP /DE/ Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2025 $1,021,000,000 -$137,000,000 -12% 01 Jan 2025 31 Dec 2025 10-K 18 Feb 2026 2025 FY
2024 $1,158,000,000 -$172,000,000 -13% 01 Jan 2024 31 Dec 2024 10-K 18 Feb 2026 2025 FY
2023 $1,330,000,000 +$517,000,000 +64% 01 Jan 2023 31 Dec 2023 10-K 18 Feb 2026 2025 FY
2022 $813,000,000 -$102,000,000 -11% 01 Jan 2022 31 Dec 2022 10-K 18 Feb 2025 2024 FY
2021 $915,000,000 +$3,087,000,000 01 Jan 2021 31 Dec 2021 10-K 14 Feb 2024 2023 FY
2020 $2,172,000,000 -$3,033,000,000 -352% 01 Jan 2020 31 Dec 2020 10-K/A 09 May 2023 2022 FY
2019 $861,000,000 -$616,000,000 -42% 01 Jan 2019 31 Dec 2019 10-K 24 Feb 2022 2021 FY
2018 $1,477,000,000 +$1,460,000,000 +8588% 01 Jan 2018 31 Dec 2018 10-K 26 Feb 2021 2020 FY
2017 $17,000,000 +$679,000,000 01 Jan 2017 31 Dec 2017 10-K 28 Feb 2020 2019 FY
2016 $662,000,000 +$668,000,000 +50% 01 Jan 2016 31 Dec 2016 10-K 21 Feb 2019 2018 FY
2015 $1,330,000,000 -$3,015,000,000 -179% 01 Jan 2015 31 Dec 2015 10-K 23 Feb 2018 2017 FY
2014 $1,685,000,000 -$1,529,000,000 -48% 01 Jan 2014 31 Dec 2014 10-K 23 Feb 2017 2016 FY
2013 $3,214,000,000 +$555,000,000 +21% 01 Jan 2013 31 Dec 2013 10-K 26 Feb 2016 2015 FY
2012 $2,659,000,000 -$1,542,000,000 -37% 01 Jan 2012 31 Dec 2012 10-K 23 Feb 2015 2014 FY
2011 $4,201,000,000 +$1,206,000,000 +40% 01 Jan 2011 31 Dec 2011 10-K 03 Mar 2014 2013 FY
2010 $2,995,000,000 01 Jan 2010 31 Dec 2010 10-K 26 Feb 2013 2012 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.