Occidental Q2 profit falls to $0.26 a share; 2025 capital and cost guidance trimmed
Occidental reported second-quarter 2025 net income attributable to common stockholders of $288 million, or $0.26 per diluted share, down from $766 million, or $0.77 per share, in the first quarter. Adjusted earnings were $0.39 per diluted share, and the company reduced the mid-point of its 2025 capital guidance by $100 million and international operating costs by $50 million. For shareholders, lower earnings are offset in part by production above the mid-point of guidance and $3.0 billion of debt repaid year-to-date.
Key points
- Net income of $288 million, or $0.26 per diluted share, versus $766 million, or $0.77, in the first quarter of 2025; adjusted earnings of $0.39 per diluted share
- Total production of 1,400 Mboed, above the mid-point of guidance; oil and gas pre-tax income of $934 million
- Operating cash flow of $3.0 billion and free cash flow before working capital of $0.7 billion; $3.0 billion of debt repaid year-to-date
- 2025 capital guidance mid-point reduced by $100 million and international operating costs by $50 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.