OXYOccidental Petroleum
- Headquarters
- Houston, TX
- CEO
- Richard A. Jackson
- Next results
- around Jan 19, 2027
What the 10-K filed 2026-02-18 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-18.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
No specific sentence about this in the 10-K.
Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
No specific sentence about this in the 10-K.
Lawsuits and legal claims
3 newPending cases, settlements and what the company has set aside for them.
“The environmental expenditures do not include litigation-related costs, including fines, penalties or settlements, the Company’s investments in low-carbon ventures, costs incurred to satisfy asset retirement obligations, or remediation expenses.”
Read it in the 10-K ↗
New “The Company is involved, in the normal course of business, in lawsuits, claims and other legal proceedings that seek, among other things, compensation for alleged personal injury, breach of contract, property damage or other losses, punitive damages, civil penalties, or injunctive or declaratory relief.”
Read it in the 10-K ↗
New “In accordance with applicable accounting guidance, the Company accrues reserves for outstanding lawsuits, claims and proceedings when it is probable that a liability has been incurred and the liability can be reasonably estimated.”
Read it in the 10-K ↗
“In December 2022, the EPA and the DOJ filed a proposed Consent Decree in the Alden Leeds litigation, seeking court approval to settle with 85 parties for a total of $150 million for cleanup costs associated with OU2 and OU4.”
Read it in the 10-K ↗
New “The Company filed an appeal against the District Court’s ruling on the grounds that the decision was flawed for several reasons, including the failure to consider the impact of recent Supreme Court decisions that restrict EPA authority and limit judicial deference to EPA actions.”
Read it in the 10-K ↗
Guarantees and indemnities
Promises to pay someone else's debts or losses if they cannot.
No specific sentence about this in the 10-K.
Debt covenants
Conditions in loan agreements that, if broken, can make debt due early.
“As of December 31, 2025, and through the date of this filing, the Company was in compliance with all covenants in its financing agreements.”
Read it in the 10-K ↗
Commitments off the balance sheet
1 newContracts the company must pay for later: purchase obligations, take-or-pay deals.
New “The amounts that will be paid for such outstanding off-balance sheet purchase obligations as of December 31, 2025 are $3.0 billion in 2026, $4.7 billion in 2027 and 2028, $2.6 billion in 2029 and 2030, and $2.3 billion in 2031 and thereafter.”
Read it in the 10-K ↗
Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on OXY in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/OXY/export.csv") into a cell.