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 hold (8 buy, 17 hold, 2 sell out of 27) with an average price target of $67.12.
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 | 5.27% |
| Vanguard Capital Management, LLC | 4.74% |
| State Street Corp | 4.33% |
| Vanguard Portfolio Management, LLC | 3.62% |
| Geode Capital Management, LLC | 1.94% |
| Morgan Stanley - Brokerage Accounts | 1.10% |
| Document | Date |
|---|---|
| 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 |
| Annual report FY2025 OCCIDENTAL PETROLEUM CORPORATION (OXY) - 2025 10-K SUMMARY HEADLINE NUMBERS • Market capitalization: $41.4 billion (as of June 30, 2025, at $42.01/s | 2026-02-18 |
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 |
| Dividend | $0.24 / share ex-date Sep 10, 2025 · pay Oct 15, 2025 | 2025-09-10 |
| Announcement | Date |
|---|---|
| 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 |
| Agrees to sell chemical business to Berkshire Hathaway for $9.7B Occidental Petroleum agreed to sell its chemical business (OxyChem) to Berkshire Hathaway for $9.7 billion in an all-cash transaction. OxyChem manufactures commodity chemicals used in water | 2025-10-03 |
| Berkshire Hathaway agrees to acquire chemical business for $9.7 billion Occidental Petroleum announced on October 2, 2025, that Berkshire Hathaway has agreed to acquire Occidental Chemical Corporation (Occidental's chemical business) for $9.7 billion in an all-c | 2025-10-02 |
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Google PlayApp StoreData updated 2026-09-18.