Occidental Petroleum balance sheet

At the end of fiscal 2025, Occidental Petroleum had total assets of $84.19bn and shareholders' equity of $36.03bn. It held $1.97bn in cash against $22.40bn of debt: net debt of $20.43bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Occidental Petroleum: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	1.2	2.6	3.8	1.6	3.4	3.8	3.2	2.2	1.7	3.0	3.0	2.0	2.8	1.0	1.4	2.1	2.0	4.2
Receivables	4.1	5.0	5.4	4.9	5.7	4.2	3.0	4.0	4.1	4.9	4.2	2.1	4.2	4.3	3.2	2.8	2.6	3.1
Inventory	1.0	1.0	1.1	1.3	1.2	1.1	1.0	0.9	1.2	1.3	1.6	1.9	1.8	2.1	2.0	1.8	1.8	2.2
Total current assets	10.6	13.1	11.5	9.5	11.3	13.9	9.4	8.4	8.3	9.9	14.6	8.8	10.2	8.9	8.4	9.1	8.8	11.1
Goodwill	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.7	0.7	—
Total assets	44.2	52.4	60.0	64.2	69.4	56.2	43.4	43.1	42.0	42.2	107.2	80.1	75.0	72.6	74.0	85.4	84.2	80.4
Accounts payable	3.3	4.6	5.3	4.7	5.5	5.2	3.1	3.9	4.4	4.9	4.9	3.0	3.9	4.0	3.6	3.5	3.3	3.6
Total current liabilities	6.5	7.8	7.9	7.3	8.4	8.2	6.8	6.4	7.4	7.4	12.7	8.2	8.3	7.8	9.1	9.5	9.4	7.9
Short-term debt	0.2	—	—	0.6	—	—	1.5	—	0.5	0.1	0.1	0.4	0.2	—	—	—	—	—
Long-term debt	2.6	5.1	5.9	7.0	6.9	6.8	6.9	9.8	9.3	10.2	38.5	35.7	29.4	19.7	18.5	25.0	20.6	13.5
Total debt	2.8	5.1	5.9	7.7	7.0	6.9	8.4	9.9	9.9	10.4	38.6	36.2	29.6	19.8	19.7	26.1	22.4	13.7
Shareholders' equity	29.1	32.5	37.6	40.0	43.1	35.0	24.4	21.5	−0.3	21.3	34.2	18.6	20.3	30.1	30.3	34.2	36.0	41.7
Net debt (negative = net cash)	1.6	2.5	2.1	6.1	3.6	3.1	5.2	7.7	8.2	7.4	35.6	34.2	26.9	18.9	18.3	24.0	20.4	9.6
Shares outstanding	884m	885m	887m	889m	890m	891m	891m	892m	893m	895m	—	1,081m	934m	900m	879m	938m	986m	1,000m

US$ billions unless shown otherwise. Fiscal quarters.

Occidental Petroleum: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	3.9	2.8	3.6	3.5	3.2	2.6	3.7	3.1
Inventory	2.3	1.8	2.1	1.9	2.1	1.8	1.9	2.2
Total current assets	9.6	9.1	9.7	9.0	8.8	8.8	11.1	11.1
Goodwill	—	0.7	—	—	—	0.7	—	—
Total assets	85.8	85.4	85.0	84.4	83.5	84.2	80.5	80.4
Accounts payable	3.9	3.5	3.8	3.8	3.5	3.3	3.8	3.6
Total current liabilities	9.5	9.5	9.6	8.6	9.4	9.4	9.2	7.9
Short-term debt	1.0	—	—	—	—	—	—	—
Long-term debt	25.5	25.0	24.0	23.3	20.8	20.6	15.2	13.5
Total debt	26.5	25.0	24.0	23.3	20.8	20.6	15.2	13.5
Shareholders' equity	34.7	34.2	34.7	35.7	36.3	36.0	38.9	41.7
Shares outstanding	938m	938m	942m	984m	985m	986m	991m	1,000m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Occidental Petroleum's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Occidental Petroleum.