US · Energy · Oil & Gas E&P
EPS came in at 2.40 against a street estimate of 1.92 — a beat of 25.0%.
Analysts rate Occidental Petroleum Corporation a buy (11 buy, 16 hold, 0 sell out of 27) with an average price target of $69.58.
CONFIDENT Oxy delivered Q2 beats on production (1.43M BOE/d) and free cash flow ($3B, highest since Q3 2022). Management outlined $4B sustainable cash flow improvement by 2030 through cost cuts, lower decline rates, and debt reduction to $10B. 8% dividend increase approved. Q2 2026 Domestic growth offset Middle East production losses. Powder River Basin emerging as higher-margin oilier play with 41% above-average well productivity. Analysts pressed timing and durability of $4B plan (largely 2026–2027 front-loaded, ~50% by end-27), capex glide path ($5.9B→$4.5B sustaining by 2030), and growth optionality. Management emphasized bottom-up execution, efficiency-led measured growth, and macro-dependent buyback/net debt balance post-$10B milestone. 2026-08-06…
Full summary in the app.
| Fund | Stake |
|---|---|
| Berkshire Hathaway Inc | 26.50% |
| Dodge & Cox | 7.28% |
| BlackRock Inc | 5.59% |
| Vanguard Capital Management, LLC | 4.81% |
| State Street Corp | 4.62% |
| Vanguard Portfolio Management, LLC | 3.95% |
| Geode Capital Management, LLC | 1.99% |
| Amvescap Plc. | 1.27% |
| Document | Date |
|---|---|
| Results announced · Q4 2026 HEADLINE NUMBERS • Occidental said third-quarter 2026 production was within its guidance range, including the impact of temporary Gulf of America dow | 2026-10-13 |
| Quarterly report · Q2 2026 OCCIDENTAL PETROLEUM CORPORATION – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Net Income (6 months): $6,355 million ($6.3 billion) vs. $1,413 million i | 2026-08-05 |
| Results announced · Q3 2026 OCCIDENTAL PETROLEUM CORPORATION – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income attributable to common stockholders: $2.8 billion (Q2 2026 | 2026-08-05 |
| Results announced · Q3 2026 OCCIDENTAL PETROLEUM CORPORATION – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Average diluted shares outstanding: 1,012.2 million shares • Crude oi | 2026-07-10 |
| Quarterly report · Q1 2026 OCCIDENTAL PETROLEUM CORPORATION Q1 2026 10-Q SUMMARY FOR RETAIL INVESTORS --- HEADLINE NUMBERS • Net Income Q1 2026: $3,359 million ($3.13 per sha | 2026-05-05 |
| Results announced · Q2 2026 OCCIDENTAL PETROLEUM CORPORATION Q1 2026 EARNINGS SUMMARY --- HEADLINE NUMBERS • Net Income: $3.2 billion ($3.13 EPS diluted); includes $3.1 billio | 2026-05-05 |
| Board / officer change · Q2 2026 OCCIDENTAL PETROLEUM CORP – DOCUMENT SUMMARY HEADLINE NUMBERS • CEO Transition Date: June 1, 2026 • New CEO Base Salary: $1,400,000 per year • New C | 2026-05-04 |
| Proxy statement · Q4 2025 OCCIDENTAL PETROLEUM CORPORATION — PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect 10 directors to serve one-year terms until the | 2026-03-19 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.28 / share ex-date Sep 10, 2026 · pay Oct 15, 2026 | 2026-09-10 |
| Dividend | $0.26 / share ex-date Jun 10, 2026 · pay Jul 15, 2026 | 2026-06-10 |
| Dividend | $0.26 / share ex-date Mar 10, 2026 · pay Apr 15, 2026 | 2026-03-10 |
| Dividend | $0.24 / share ex-date Dec 10, 2025 · pay Jan 15, 2026 | 2025-12-10 |
| Announcement | Date |
|---|---|
| Management provided factors expected to impact third-quarter 2026 results Occidental Petroleum issued an 8-K saying it has provided management’s “Earnings Considerations” for the third quarter of 2026, dated October 13, 2026. These are factors management expects t | 2026-10-13 |
| Completion of $9.7 billion divestiture of chemical business to Berkshire Hathaway Occidental Petroleum completed the sale of its chemical business (Occidental Chemical Corporation) to Berkshire Hathaway for $9.7 billion in cash on January 2, 2026. This was a previously an | 2026-01-02 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Occidental Petroleum Corporation — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-10-19.