Total Debt for Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's latest reported total debt is $23.96B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$23.96B
YoY change
-11.6%
5Y CAGR
-8.5%
Peak year (2019)
$40.04B
Latest annual
$23.96B
Total Debt history chart for Occidental Petroleum (OXY) from 1985 to 2025
Total Debt history table for Occidental Petroleum (OXY) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $23.96B | -11.6% | ||
| 2024 | $27.10B | +29.6% | ||
| 2023 | $20.91B | +0.7% | ||
| 2022 | $20.77B | -31.7% | ||
| 2021 | $30.39B | -18.5% | ||
| 2020 | $37.30B | -6.8% | ||
| 2019 | $40.04B | +288.1% | ||
| 2018 | $10.32B | +5.0% | ||
| 2017 | $9.83B | +0.1% | ||
| 2016 | $9.82B | +18.2% | ||
| 2015 | $8.30B | +21.5% | ||
| 2014 | $6.84B | -1.5% | ||
| 2013 | $6.94B | -9.0% | ||
| 2012 | $7.62B | +29.8% | ||
| 2011 | $5.87B | +14.9% | ||
| 2010 | $5.11B | +82.8% | ||
| 2009 | $2.80B | +1.8% | ||
| 2008 | $2.75B | +53.6% | ||
| 2007 | $1.79B | -35.9% | ||
| 2006 | $2.79B | -4.4% | ||
| 2005 | $2.92B | -23.3% | ||
| 2004 | $3.80B | -5.3% | ||
| 2003 | $4.02B | -4.4% | ||
| 2002 | $4.20B | +2.0% | ||
| 2001 | $4.12B | -24.4% | ||
| 2000 | $5.45B | +23.7% | ||
| 1999 | $4.40B | -35.2% | ||
| 1998 | $6.80B | +36.9% | ||
| 1997 | $4.97B | +9.0% | ||
| 1996 | $4.56B | -14.9% | ||
| 1995 | $5.36B | -9.4% | ||
| 1994 | $5.91B | +1.9% | ||
| 1993 | $5.80B | +4.5% | ||
| 1992 | $5.55B | -1.3% | ||
| 1991 | $5.62B | -31.6% | ||
| 1990 | $8.23B | -2.4% | ||
| 1989 | $8.43B | +7.0% | ||
| 1988 | $7.88B | +19.1% | ||
| 1987 | $6.61B | -21.0% | ||
| 1986 | $8.37B | +100.0% | ||
| 1985 | $4.19B | — |
Total Debt values are taken from Occidental Petroleum's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual total debt for Occidental Petroleum (OXY) came in at $23.96B – declined 11.6% year-over-year.
Over 2020–2025 (5 years), Occidental Petroleum total debt expanded at a -8.5% compound annual rate, with a net decline across the window.
$40.04B stands as the all-time-high annual total debt, posted in 2019, against a low of $1.79B during 2007.
Occidental Petroleum (OXY) sits 5th of 8 Energy peers we track on this metric, against a peer median of $26.40B.
Occidental Petroleum Total Debt by Year
Occidental Petroleum Total Debt 2025: $23.96B
Occidental Petroleum total debt in 2025 was $23.96B, declined 11.6% below 2024.
Occidental Petroleum Total Debt 2024: $27.10B
Occidental Petroleum total debt in 2024 was $27.10B, grew 29.6% from 2023.
Occidental Petroleum Total Debt 2023: $20.91B
Occidental Petroleum total debt in 2023 was $20.91B, edged up 0.7% from 2022.
Occidental Petroleum Total Debt 2022: $20.77B
Occidental Petroleum total debt in 2022 was $20.77B, plunged 31.7% below 2021.
Occidental Petroleum Total Debt 2021: $30.39B
Occidental Petroleum total debt in 2021 was $30.39B.
See more financial history for Occidental Petroleum (OXY).
Sector peers — Total Debt
Companies in the same sector as Occidental Petroleum, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Enbridge Inc. (ENB) | $106.40B | Energy |
| Chevron Corporation (CVX) | $46.74B | Energy |
| Exxon Mobil Corporation (XOM) | $43.54B | Energy |
| The Williams Companies, Inc. (WMB) | $29.36B | Energy |
| ConocoPhillips (COP) | $23.44B | Energy |
| SLB N.V. (SLB) | $12.31B | Energy |
| Valero Energy Corporation (VLO) | $10.62B | Energy |
| EOG Resources, Inc. (EOG) | $8.41B | Energy |
Frequently asked questions
What is Occidental Petroleum's total debt?
- Latest reported total debt for Occidental Petroleum (OXY) is $23.96B (period ending December 31, 2025).
How has Occidental Petroleum total debt changed year-over-year?
- Occidental Petroleum (OXY) total debt changed -11.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Occidental Petroleum total debt?
- Occidental Petroleum (OXY) total debt compound annual growth rate is -8.5% over the most recent 5 years available.
When did Occidental Petroleum total debt hit its highest annual value?
- Occidental Petroleum total debt reached its highest annual value of $40.04B in 2019.
What was Occidental Petroleum total debt in 2024?
- Occidental Petroleum (OXY) total debt in 2024 was $27.10B.
What was Occidental Petroleum total debt in 2025?
- Occidental Petroleum (OXY) total debt in 2025 was $23.96B.
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