OXY Occidental Petroleum Corporation

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Occidental Petroleum Beat Expectations

Wednesday, August 5, 2026 · 4:15 PM ET

Occidental Petroleum (OXY) reported earnings of $2.40 per share on revenue of $8.33 billion for the second quarter ended June 2026. The consensus earnings estimate was $1.92 per share on revenue of $7.18 billion. The Earnings Whisper number was $2.05 per share. The company beat expectations by 17.07% while revenue grew 28.98% on a year-over-year basis.

Occidental Petroleum Corp is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing & other segments.

Earnings Whisper Grade
Power Rating
Reported Earnings
$2.40
Earnings Whisper®
$2.05
Consensus Estimate
$1.92
Earnings Surprise
Earnings Growth515.4 %
Reported Revenue
$8.33B
Revenue Estimate
$7.18B
Revenue Surprise
Revenue Growth29.0 %

Occidental Announces Second Quarter 2026 Results

HOUSTON, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2026 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website at oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov.

The company will hold a conference call to discuss the results on Thursday, August 6, 2026, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10209862/1043a899934. A recording of the webcast will be posted on the Investor Relations section of the company’s website following the call.

About Occidental

Occidental is an international energy company that producesmarkets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Occidental primarily operates in the United States, the Middle East and North Africa. To learn more, visit oxy.com.

Contacts

MediaInvestors
Eric MosesBabatunde A. Cole
713-497-2017713-552-8811
eric_moses@oxy.cominvestors@oxy.com
  

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Source: Occidental