Latest period
$6.10B
YoY change
-8.4%
5Y CAGR
+20.4%
Peak year (2012)
$10.23B
Cumulative CapEx
$134.89B
CapEx history chart for Occidental Petroleum (OXY) from 1989 to 2025
Latest: $6.43B
CapEx growth chart for Occidental Petroleum (OXY) from 1989 to 2025
Latest: -8.4%
CapEx history table for Occidental Petroleum (OXY) from 1989 to 2025
| 2025 | $6.43B | -8.4% | −$591.00M | ||
| 2024 | $7.02B | +12.4% | +$773.00M | ||
| 2023 | $6.25B | +43.6% | +$1.90B | ||
| 2022 | $4.35B | +51.6% | +$1.48B | ||
| 2021 | $2.87B | +13.2% | +$335.00M | ||
| 2020 | $2.54B | -60.2% | −$3.83B | ||
| 2019 | $6.37B | +28.0% | +$1.39B | ||
| 2018 | $4.97B | +38.2% | +$1.38B | ||
| 2017 | $3.60B | +27.1% | +$768.00M | ||
| 2016 | $2.83B | -46.3% | −$2.44B | ||
| 2015 | $5.27B | -37.1% | −$3.12B | ||
| 2014 | $8.39B | +5.3% | +$425.00M | ||
| 2013 | $7.96B | -22.1% | −$2.26B | ||
| 2012 | $10.23B | +36.0% | +$2.71B | ||
| 2011 | $7.52B | +90.8% | +$3.58B | ||
| 2010 | $3.94B | +10.0% | +$359.00M | ||
| 2009 | $3.58B | -61.8% | −$5.78B | ||
| 2008 | $9.37B | +92.0% | +$4.49B | ||
| 2007 | $4.88B | +62.3% | +$1.87B | ||
| 2006 | $3.00B | +29.3% | +$681.00M | ||
| 2005 | $2.32B | +26.1% | +$481.00M | ||
| 2004 | $1.84B | +15.1% | +$242.00M | ||
| 2003 | $1.60B | +29.5% | +$365.00M | ||
| 2002 | $1.24B | -11.8% | −$165.00M | ||
| 2001 | $1.40B | +47.2% | +$449.00M | ||
| 2000 | $952.00M | +27.8% | +$207.00M | ||
| 1999 | $745.00M | -30.6% | −$329.00M | ||
| 1998 | $1.07B | -31.6% | −$497.00M | ||
| 1997 | $1.57B | +30.6% | +$368.00M | ||
| 1996 | $1.20B | +22.9% | +$224.00M | ||
| 1995 | $979.00M | -11.2% | −$124.00M | ||
| 1994 | $1.10B | +1.8% | +$20.00M | ||
| 1993 | $1.08B | +14.7% | +$139.00M | ||
| 1992 | $944.00M | -11.6% | −$124.00M | ||
| 1991 | $1.07B | -26.1% | −$378.00M | ||
| 1990 | $1.45B | +4.2% | +$58.00M | ||
| 1989 | $1.39B | — | — |
- 2025$6.43B-8.4%
- 2024$7.02B+12.4%
- 2023$6.25B+43.6%
- 2022$4.35B+51.6%
- 2021$2.87B+13.2%
- 2020$2.54B-60.2%
- 2019$6.37B+28.0%
- 2018$4.97B+38.2%
- 2017$3.60B+27.1%
- 2016$2.83B-46.3%
- 2015$5.27B-37.1%
- 2014$8.39B+5.3%
- 2013$7.96B-22.1%
- 2012$10.23B+36.0%
- 2011$7.52B+90.8%
- 2010$3.94B+10.0%
- 2009$3.58B-61.8%
- 2008$9.37B+92.0%
- 2007$4.88B+62.3%
- 2006$3.00B+29.3%
- 2005$2.32B+26.1%
- 2004$1.84B+15.1%
- 2003$1.60B+29.5%
- 2002$1.24B-11.8%
- 2001$1.40B+47.2%
- 2000$952.00M+27.8%
- 1999$745.00M-30.6%
- 1998$1.07B-31.6%
- 1997$1.57B+30.6%
- 1996$1.20B+22.9%
- 1995$979.00M-11.2%
- 1994$1.10B+1.8%
- 1993$1.08B+14.7%
- 1992$944.00M-11.6%
- 1991$1.07B-26.1%
- 1990$1.45B+4.2%
- 1989$1.39B—
CapEx values are taken from Occidental Petroleum's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's current CapEx (TTM) is $6.10B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Occidental Petroleum (OXY) CapEx totalled $6.43B – declined 8.4% year-over-year.
Occidental Petroleum CapEx compound annual growth for the 2020–2025 (5 years) window is +20.4%, with mixed annual results across the window.
Occidental Petroleum CapEx plunged from $10.23B in 2012 to $6.43B in 2025, a 37.2% drawdown.
$10.23B stands as the all-time-high annual CapEx, posted in 2012, against a low of $745.00M during 1999.
Occidental Petroleum Capital Expenditures by Year
Occidental Petroleum Capital Expenditures 2025: $6.43B
In 2025, Occidental Petroleum reported CapEx of $6.43B, declined 8.4% below 2024.
Occidental Petroleum Capital Expenditures 2024: $7.02B
Occidental Petroleum CapEx in 2024 was $7.02B, grew 12.4% from 2023.
Occidental Petroleum Capital Expenditures 2023: $6.25B
2023's CapEx for Occidental Petroleum came in at $6.25B, surged 43.6% from 2022.
Occidental Petroleum Capital Expenditures 2022: $4.35B
Occidental Petroleum posted CapEx of $4.35B in 2022, surged 51.6% from 2021.
Occidental Petroleum Capital Expenditures 2021: $2.87B
Occidental Petroleum CapEx in 2021 was $2.87B.
See more financial history for Occidental Petroleum (OXY).
Sector peers by CapEx
Energy peers of Occidental Petroleum (OXY), ranked by their latest CapEx
| $28.36B | |
| $17.35B | |
| $8.83B | |
| $4.89B | |
| $3.49B | |
| $3.02B | |
| $1.69B | |
| $796.00M |
- $28.36B
- $17.35B
- $8.83B
- $4.89B
- $3.49B
- $3.02B
- $1.69B
- $796.00M
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