NYSEEnergyOil & Gas Exploration & ProductionS&P 500
$56.38
+0.02 (+0.04%)
Close of Nov 06, 2026 · end-of-day data
OXY 8-K filings in 2025
Every material Form 8-K Occidental Petroleum filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Occidental reported third-quarter 2025 net income attributable to common stockholders of $661 million, or $0.65 per diluted share, and adjusted income of $649 million, or $0.64 per share. Results improved sharply from the second quarter but declined from the third quarter of 2024, and the company repaid $1.3 billion of debt, reducing principal debt to $20.8 billion.
Q3 2025 reported EPS $0.65 vs $0.26 in Q2 2025 and $0.98 in Q3 2024; adjusted EPS $0.64 vs $0.39 in Q2 2025 and $1.00 in Q3 2024
Total company production of 1,465 Mboed exceeded the high end of guidance
Operating cash flow of $2.8 billion; $1.3 billion of debt repaid in the quarter
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.
Occidental's Board of Directors promoted Richard A. Jackson, 49, to Chief Operating Officer effective October 1, 2025, while he continues as Senior Vice President. He will oversee global oil and gas operations, low-carbon technologies, midstream and marketing, and health, safety and environment functions, reporting to CEO Vicki Hollub.
Jackson's base salary rises to $925,000 per year, with a 2025 target annual cash incentive of $925,000.
Jackson received restricted stock units valued at $1,500,000, vesting in equal annual installments over three years.
Jackson has been an Occidental employee since 2003 and previously served as President of Operations for U.S. Onshore Resources and Carbon Management.
Occidental Petroleum's subsidiaries agreed on October 1, 2025 to sell all equity in Occidental Chemical Corporation, which holds its chemical business OxyChem, to Berkshire Hathaway in an all-cash deal. The filing says the price is $9.7 billion, subject to customary cash, debt and working capital adjustments, and the sale is subject to regulatory approvals and other closing conditions.
Purchase price is $9.7 billion in cash, subject to customary adjustments for cash, indebtedness and working capital.
Closing is subject to the Hart-Scott-Rodino waiting period and other required regulatory consents.
Either party may terminate if closing has not occurred by March 30, 2026, with a 90-day automatic extension if regulatory conditions are unmet.
Occidental will guarantee the indemnification obligations of OCH and ERH under the agreement, and ERH retains environmental liabilities for OxyChem's legacy sites.
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.
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
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Occidental Petroleum filing is on SEC EDGAR ↗. 8-K briefs of other companies →