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Occidental Petroleum (Occidental Petroleum) Deferred Tax : $57.00 Mil (TTM As of Dec. 2023)


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What is Occidental Petroleum Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Occidental Petroleum's change in deferred tax for the three months ended in Dec. 2023 was $-91.00 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $57.00 Mil.

Occidental Petroleum Deferred Tax Historical Data

The historical data trend for Occidental Petroleum's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Occidental Petroleum Deferred Tax Chart

Occidental Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,027.00 -2,517.00 46.00 -1,644.00 57.00

Occidental Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 121.00 17.00 81.00 50.00 -91.00

Occidental Petroleum Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.00 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Occidental Petroleum Deferred Tax Related Terms

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Occidental Petroleum (Occidental Petroleum) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Occidental Petroleum Corp (NYSE:OXY.WS) » Definitions » Deferred Tax
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PXD HES EOG FANG DVN CTRA EQT MRO OVV TPL COP HKSE:00883 TSX:CNQ MIC:NVTK ASX:WDS TSE:1605 BKK:PTTEP TSX:TOU ASX:STO OSL:AKRBP
Traded in Other Exchanges
OXY:USA OXY1:Mexico OXY_KZ:Kazakhstan 1OXY:Italy OPC:Germany OPC:Germany OPC:Germany OPC:Germany OXYP34:Brazil
Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Website
https://www.oxy.com
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.