---
schema_version: "secwatch.filing_event.v1"
accession: "0000797468-25-000075"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T09:52:33.447262+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Occidental Q1 net income $766M ($0.77 EPS), adjusted EPS $0.87; cuts capex guide $200M

## Summary
- Net income $766M ($0.77 diluted); adjusted income $860M ($0.87 diluted) for Q1 2025.
- Operating cash flow $2.1B; free cash flow before working capital $1.2B; capital spending $1.9B.
- Closed $1.3B in asset sales during Q1; repaid $2.3B of debt year-to-date.
- Reduced 2025 capital guidance mid-point by $200M; domestic operating costs by $150M.
- Production of 1,391 Mboed at mid-point; OxyChem pre-tax adjusted income $215M above guidance.

## SEC filing metadata
- accession: 0000797468-25-000075
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000079746825000075/0000797468-25-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000079746825000075/oxy-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000797468-25-000075
- JSON: https://secwatch.observer/filing/0000797468-25-000075.json
- Plain text: https://secwatch.observer/filing/0000797468-25-000075.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.