secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0000797468-25-000109
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental Q2 net income $288M, adjusted EPS $0.39; cuts 2025 capex guidance $100M
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- Q2 net income attributable to common stockholders $288M ($0.26 diluted EPS); adjusted income $396M ($0.39 adjusted EPS).
- Operating cash flow $3.0B; free cash flow before working capital $0.7B; capital spending $2.0B.
- Total production 1,400 Mboed; midstream and marketing pre-tax income $49M exceeded high-end guidance.
- Reduced 2025 capex mid-point by $100M and international opex by $50M; $500M in YTD cost reductions realized.
- Announced $950M additional divestitures since Q2 start, $370M closed; repaid $3.0B debt YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746825000109/0000797468-25-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746825000109/oxy-20250806.htm
  HTML page:      https://secwatch.observer/filing/0000797468-25-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer