Occidental Petroleum said in an 8-K that its third quarter 2026 production is within guidance, despite temporary September curtailments at Gulf of America facilities caused by a third-party gas pipeline constraint and maintenance. The company also said crude oil collar settlements reduced operating cash flow before working capital by $94 million, and it provided preliminary Q3 price, volume and share count figures ahead of full results. The considerations are preliminary and not an earnings estimate, so shareholders will need the final third quarter report to gauge profit.
Total company Q3 2026 production is within Occidental's guidance range, including the Gulf of America downtime
Gulf of America net sales volumes were 110 Mboed and domestic lease operating cost was $8.54 per boe in the quarter
Crude oil collar settlements reduced Q3 operating cash flow before working capital by $94 million
Worldwide average realized oil price was $85.91 per barrel versus WTI at $85.79; average diluted shares were 1,012.8 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.
From Occidental Petroleum's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$21.57B
-5.0%
$1.61
-34.0%
7.5%
FY2024
$22.71B
-2.2%
$2.44
-37.4%
10.4%
FY2023
$23.23B
-35.9%
$3.90
-68.5%
20.2%
FY2022
$36.23B
+39.6%
$12.40
+684.8%
36.7%
FY2021
$25.96B
+51.5%
$1.58
—
8.9%
Frequently asked questions
When is Occidental Petroleum's next earnings date?
Occidental Petroleum (OXY) is scheduled to report on Monday, November 09, 2026 after the market closes. Analysts expect EPS of $1.43.
What did Occidental Petroleum earn last quarter?
For the quarter ended Jun 2026, Occidental Petroleum reported diluted EPS of $2.75 (+957.7% year over year) on revenue of $7.05B (+36.6%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.