---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-053377"
form_type: "8-K"
ticker: "OXY"
cik: "0000797468"
company_name: "OCCIDENTAL PETROLEUM CORP /DE/"
filed_at: "2026-08-05T20:16:18+00:00"
generated_at: "2026-08-05T20:18:54.696291+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Occidental Q2 2026 EPS $2.75, beats; raises dividend 8% to $0.28; debt cut $1.9B

## Summary
- Net income $2.8B ($2.75 EPS); adjusted EPS $2.40; operating cash flow $5.1B.
- Dividend increased 8% to $0.28/share, payable Oct 15, record Sep 10.
- Debt reduced by $1.9B to $11.8B, targeting $10B milestone.
- Production 1,433 Mboed, exceeding high-end guidance; Permian and Gulf of America outperformed.
- Free cash flow before working capital $3.0B, highest since Q3 2022; capex $1.6B.

## SEC filing metadata
- accession: 0001628280-26-053377
- form_type: 8-K
- ticker: OXY
- cik: 0000797468
- company_name: OCCIDENTAL PETROLEUM CORP /DE/
- filed_at: 2026-08-05T20:16:18+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797468/000162828026053377/0001628280-26-053377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797468/000162828026053377/oxy-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-053377
- JSON: https://secwatch.observer/filing/0001628280-26-053377.json
- Plain text: https://secwatch.observer/filing/0001628280-26-053377.txt

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