secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2026-08-05T20:16:18+00:00
Accession:  0001628280-26-053377
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000162828026053377/0001628280-26-053377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000162828026053377/oxy-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-053377

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