earnings
confidence high
sentiment positive
materiality 0.70
Occidental Q3 net income $661M ($0.65/diluted), production beat guidance at 1,465 Mboed
OCCIDENTAL PETROLEUM CORP /DE/
2025-Q3 EPS reported
$1.68
revenue$19,841,000,000
- Net income $661M ($0.65 diluted EPS); adjusted EPS $0.64; operating cash flow $2.8B.
- Total average production 1,465 Mboed exceeded high end of guidance; Permian 800 Mboed.
- Repaid $1.3B of debt in Q3, reducing principal debt to $20.8B.
- OxyChem pre-tax income $197M, down from Q2 due to lower prices/volumes.
- CEO highlighted sale of OxyChem as milestone for strategic transformation.