earnings
confidence high
sentiment negative
materiality 0.65
Occidental Q2 2026 prelim: oil realizations strong, gas realizations negative, collar cash flow hit $156M
OCCIDENTAL PETROLEUM CORP /DE/
- Average diluted shares outstanding for Q2 2026: 1,012.2 million.
- Crude oil collar settlements negatively impacted operating cash flow before working capital by $156 million.
- Worldwide oil average realized price $96.78/Bbl, 104% of WTI and 100% of Brent.
- Domestic natural gas average realized price negative $(1.48)/Mcf, -51% of NYMEX index.
- Worldwide NGL average realized price $24.64/Bbl, 27% of WTI.