Occidental outlines Q3 2025 earnings factors; oil realized $64.78 per barrel
Occidental Petroleum released a preliminary summary of factors it expects to affect its third quarter 2025 results, but the filing does not include revenue, profit, or per-share earnings figures. It states that the summary is not an estimate of third quarter earnings and is subject to finalization, so shareholders will need the full results to judge the quarter.
- Worldwide average realized oil price was $64.78 per barrel in the third quarter, versus an average WTI index price of $64.93.
- Average diluted shares outstanding were 1,003.1 million for the third quarter of 2025.
- Worldwide realized NGL price was $19.60 per barrel and realized natural gas price was $1.57 per Mcf, compared with a NYMEX gas index price of $3.28 per Mcf.
- The filing references the proposed sale of Occidental's chemical business to Berkshire Hathaway Inc. as a factor that could affect results.