Occidental Petroleum debt and dilution17

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$13,743M

Cash & equivalents

USD millions

$4,150M

Net debt

USD millions

$9,593M

Debt / equity

0.32×

Debt / assets

17.1%

Net debt / EBITDA

× · TTM

0.77×

Debt / FCF

× · TTM

2.59×

Interest coverage

× · TTM

5.05×

Current ratio

1.41×

Diluted shares

Million shares

1,012.2M shares

Basic shares

Million shares

997.1M shares

Share count growth

1.22%

Share repurchases

USD millions

$61M

Quarterly data

Occidental Petroleum capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	13,743	4,150	9,593	0.32×	17.1%	0.77×	2.59×	5.05×	1.41×	1,012.2	997.1	1.22%	61
FY 2026 Q1	Mar 31, 2026	15,671	3,811	11,860	0.4×	19.48%	1.25×	4.36×	1.77×	1.21×	1,006.9	989.8	5.15%	56
FY 2025 Q4	Dec 31, 2025	22,396	1,968	20,428	0.61×	26.6%	1.93×	5.46×	2.83×	0.94×	1,003.07	988.26	5.06%	0
FY 2025 Q3	Sep 30, 2025	22,462	2,159	20,303	0.61×	26.91%	1.94×	5.91×	2.17×	0.94×	1,003.1	986.4	6.35%	0
FY 2025 Q2	Jun 30, 2025	23,775	2,326	21,449	0.66×	28.18%	1.99×	4.98×	2.44×	1.05×	1,010.4	985.1	10.21%	0
FY 2025 Q1	Mar 31, 2025	25,594	2,612	22,982	0.73×	30.12%	2.04×	5.77×	3.05×	1.01×	982.9	941.3	6.47%	0
FY 2024 Q4	Dec 31, 2024	26,116	2,132	23,984	0.76×	30.56%	2.27×	5.91×	2.73×	0.95×	984.08	940.69	6.75%	18
FY 2024 Q3	Sep 30, 2024	26,635	1,759	24,876	0.76×	31.04%	2.06×	5.87×	4.52×	1×	975.7	927.5	4.92%	0
FY 2024 Q2	Jun 30, 2024	19,737	1,845	17,892	0.61×	25.9%	1.48×	4.87×	5.15×	1.04×	958.9	893.8	0.51%	9
FY 2024 Q1	Mar 31, 2024	19,748	1,272	18,476	0.64×	26.59%	1.56×	4.07×	5.02×	0.95×	948.6	884.1	-1.9%	0
FY 2023 Q4	Dec 31, 2023	19,738	1,426	18,312	0.65×	26.67%	1.44×	3.27×	6.24×	0.92×	950.51	881.19	-2.74%	187
FY 2023 Q3	Sep 30, 2023	19,821	611	19,210	0.68×	27.6%	1.41×	2.92×	6.98×	0.92×	958.2	884	-4.12%	434
FY 2023 Q2	Jun 30, 2023	19,827	486	19,341	0.68×	27.85%	1.26×	2.36×	8.26×	1×	958.8	889.3	-5.31%	445
FY 2023 Q1	Mar 31, 2023	19,784	1,165	18,619	0.67×	27.63%	0.99×	1.74×	13.25×	1.09×	975.3	901.2	-3.79%	732
FY 2022 Q4	Dec 31, 2022	19,835	984	18,851	0.66×	27.32%	0.95×	1.61×	12.63×	1.15×	990.43	906.02	-3.28%	632
FY 2022 Q3	Sep 30, 2022	21,024	1,233	19,791	0.73×	29.14%	1×	1.75×	10.99×	1.1×	1,002.5	922	-1.43%	1,899
FY 2022 Q2	Jun 30, 2022	22,202	1,362	20,840	0.8×	29.91%	1.18×	1.96×	7.87×	1.07×	1,018.3	939.2	0.54%	532
FY 2022 Q1	Mar 31, 2022	26,372	1,909	24,463	1.06×	35.53%	1.77×	2.74×	3.72×	1.16×	997.7	936.7	0.39%	36
FY 2021 Q4	Dec 31, 2021	29,617	2,764	26,853	1.46×	39.47%	2.36×	3.92×	1.83×	1.23×	972.45	936.78	0.41%	8
FY 2021 Q3	Sep 30, 2021	31,695	2,059	29,636	1.68×	41.84%	3.93×	5.11×	-0.43×	1.08×	957.7	935.4	0.66%	3
FY 2021 Q2	Jun 30, 2021	36,003	4,569	31,434	1.97×	45.04%	14.39×	8.29×	-3.92×	1.34×	934.2	934.2	2.04%	0
FY 2021 Q1	Mar 31, 2021	36,025	2,270	33,755	1.97×	45.4%	—	21.13×	-9.91×	1.17×	947.9	933.1	4.06%	3
FY 2020 Q4	Dec 31, 2020	36,185	2,008	34,177	1.95×	45.2%	—	25.48×	-10.99×	1.07×	933	933	4.39%	8
FY 2020 Q3	Sep 30, 2020	38,457	1,896	36,561	1.94×	45.55%	—	82.17×	-10.56×	1.02×	929.3	929.3	9.89%	0
FY 2020 Q2	Jun 30, 2020	38,494	1,011	37,483	1.65×	43.03%	—	69.61×	-7.94×	0.85×	915.5	915.5	22.34%	4
FY 2020 Q1	Mar 31, 2020	38,522	2,021	36,501	1.23×	37.9%	—	27.98×	—	1.18×	896.7	896.7	19.74%	0
FY 2019 Q4	Dec 31, 2019	38,588	3,032	35,556	1.13×	35.29%	6.39×	37.83×	-0.39×	1.25×	890.51	893.77	18.54%	0
FY 2019 Q3	Sep 30, 2019	47,614	4,840	42,774	1.16×	37.96%	—	20.3×	—	1.33×	845.7	845.7	11.03%	0
FY 2019 Q2	Jun 30, 2019	10,271	1,751	8,520	0.48×	22.94%	—	3.75×	—	1.2×	749.5	748.3	-2.27%	0
FY 2019 Q1	Mar 31, 2019	10,319	1,752	8,567	0.49×	23.25%	—	4.29×	—	1.23×	750.5	748.9	-2.18%	237
FY 2018 Q4	Dec 31, 2018	10,317	3,033	7,284	0.48×	23.53%	0.79×	3.83×	13.57×	1.34×	755.88	753.98	-1.53%	340
FY 2018 Q3	Sep 30, 2018	10,314	2,954	7,360	0.48×	22.94%	—	5.76×	—	1.33×	763.3	761.7	-0.5%	811
FY 2018 Q2	Jun 30, 2018	10,400	1,362	9,038	0.5×	23.6%	—	12.53×	—	1.36×	767.4	765.7	0.1%	97
FY 2018 Q1	Mar 31, 2018	10,400	1,606	8,794	0.5×	24.29%	—	7.2×	—	1.26×	767	765.6	0.16%	0
FY 2017 Q4	Dec 31, 2017	9,828	1,672	8,156	0.48×	23.39%	1.64×	7.04×	2.81×	1.12×	766.49	765.69	0.21%	13
FY 2017 Q3	Sep 30, 2017	9,826	1,806	8,020	0.48×	23.71%	—	8.33×	—	1.11×	766.4	765.5	0.2%	6
FY 2017 Q2	Jun 30, 2017	9,824	2,218	7,606	0.47×	23.4%	—	8.87×	—	1.26×	765.9	764.9	0.17%	—
FY 2017 Q1	Mar 31, 2017	9,822	1,494	8,328	0.47×	23.13%	—	17.76×	—	1.2×	765.2	764.4	0.13%	—
FY 2016 Q4	Dec 31, 2016	9,800	2,233	7,567	0.46×	22.73%	—	14.71×	—	1.32×	764.1	764.1	0.62%	0
FY 2016 Q3	Sep 30, 2016	8,300	3,180	5,120	0.37×	19.94%	—	16.34×	—	1.53×	764	764	-0.08%	7
FY 2016 Q2	Jun 30, 2016	8,300	3,751	4,549	0.36×	19.58%	—	23.78×	—	1.7×	763.6	763.6	-0.53%	8
FY 2016 Q1	Mar 31, 2016	7,608	3,176	4,432	0.32×	18.11%	—	—	—	1.21×	763.4	763.4	-0.97%	7
FY 2015 Q4	Dec 31, 2015	8,333	3,201	5,132	0.34×	19.18%	—	—	—	1.37×	759.35	759.35	12.19%	7
FY 2015 Q3	Sep 30, 2015	8,332	2,547	5,785	0.28×	16.63%	—	—	—	1.42×	764.6	764.6	-5.77%	50
FY 2015 Q2	Jun 30, 2015	8,330	2,756	5,574	0.25×	15.32%	—	—	—	1.41×	767.91	767.71	-6.02%	329
FY 2015 Q1	Mar 31, 2015	6,839	2,153	4,686	0.2×	12.81%	—	11.47×	—	1.51×	770.91	770.91	-6.66%	207
FY 2014 Q4	Dec 31, 2014	6,900	3,789	3,111	0.2×	12.26%	—	3.23×	—	1.68×	675.62	676.86	-19.14%	417
FY 2014 Q3	Sep 30, 2014	—	2,897	—	—	—	—	—	—	1.1×	811.74	811.43	-3.44%	507
FY 2014 Q2	Jun 30, 2014	—	2,391	—	—	—	—	—	—	1.22×	817.17	816.86	-2.77%	630
FY 2014 Q1	Mar 31, 2014	—	2,332	—	—	—	—	—	—	1.33×	826.36	825.94	-1.67%	946
FY 2013 Q4	Dec 31, 2013	7,000	3,393	3,607	0.16×	10.08%	—	1.8×	—	1.34×	837.34	837.13	-0.61%	879
FY 2013 Q3	Sep 30, 2013	7,561	3,771	3,790	0.18×	10.89%	—	2.14×	—	1.35×	840.97	840.34	-0.57%	36
FY 2013 Q2	Jun 30, 2013	7,626	3,069	4,557	0.18×	11.31%	—	3.47×	—	1.32×	840.66	840.13	-0.67%	22
FY 2013 Q1	Mar 31, 2013	7,624	2,140	5,484	0.19×	11.58%	—	5.54×	—	1.3×	840.45	839.93	-0.72%	6
FY 2012 Q4	Dec 31, 2012	7,623	1,592	6,031	0.19×	11.87%	—	7.02×	—	1.3×	842.97	842.24	-0.46%	379
FY 2012 Q3	Sep 30, 2012	—	3,760	—	—	—	—	—	—	1.52×	845.87	845.14	-0.34%	52
FY 2012 Q2	Jun 30, 2012	—	4,410	—	—	—	—	—	—	1.54×	846.5	845.77	-0.27%	137
FY 2012 Q1	Mar 31, 2012	—	3,760	—	—	—	—	—	—	1.48×	846.81	845.98	-0.26%	15
FY 2011 Q4	Dec 31, 2011	5,900	3,781	2,119	0.16×	9.83%	—	1.24×	—	1.45×	847.25	846.1	-0.27%	115
FY 2011 Q3	Sep 30, 2011	—	4,039	—	—	—	—	—	—	1.62×	848.8	848.07	-0.02%	116
FY 2011 Q2	Jun 30, 2011	4,249	1,994	2,255	0.12×	7.78%	—	0.78×	—	1.23×	848.9	848.07	-0.01%	30
FY 2011 Q1	Mar 31, 2011	4,748	2,100	2,648	0.14×	8.78%	—	0.96×	—	1.13×	849.01	848.17	0.06%	13
FY 2010 Q4	Dec 31, 2010	5,100	2,578	2,522	0.16×	9.73%	—	0.94×	—	1.67×	849.42	848.38	0.11%	56
FY 2010 Q3	Sep 30, 2010	—	2,109	—	—	—	—	—	—	1.42×	849.53	848.28	0.11%	0
FY 2010 Q2	Jun 30, 2010	2,523	2,322	201	0.08×	5.45%	—	0.56×	—	1.52×	849.42	848.17	0.2%	—
FY 2010 Q1	Mar 31, 2010	2,594	1,895	699	0.09×	5.7%	—	0.67×	—	1.41×	849.11	847.65	—	—
FY 2009 Q4	Dec 31, 2009	2,796	1,230	1,566	0.1×	6.32%	—	1.25×	—	1.33×	849.11	847.43	—	11
FY 2009 Q3	Sep 30, 2009	2,795	1,608	1,187	0.1×	6.62%	—	—	—	1.37×	850.05	847.34	—	20
FY 2009 Q2	Jun 30, 2009	3,485	1,755	1,730	0.12×	8.33%	—	—	—	1.23×	849.63	846.5	—	0

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · OXY, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.