Inferra AI / Company / OXY

Occidental Petroleum

OXY · Energy

Last earnings Aug 5, 2026  ·  Next earnings Nov 9, 2026

AI analysis

Q2 2025 · reported Aug 6, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

No extracted figures held

The event-summary record for this company carries no extracted figures, so the brief and charts cannot be drawn yet. The summary below and the held documents are the record for this event.

Guidance · company-stated

No guidance located in the held release

Outlook statement

“ing capital Delivered $3.0 billion of free cash flow before working capital from continuing operations, the highest level since the third quarter of 2022, with capital expenditures of $1.6 billion Produced 1,433 Mboed globally, exceeding the high end of guidance Midstream and marketing pre-tax adjusted income exceeded the high end of guidance Reported EP”

Next earningsNov 9, 2026Verified from the company’s own announcement

Capital allocation

Supplemental Non-GAAP Measures This press release refers to adjusted income (loss), operating cash flow before working capital, capital expenditures, net of noncontrolling interest, free cash flow before working capital and adjusted selling, general and administrative (SG A), other operating and non-operating expenses, which are supplemental measures not calculated in accordance with generally accepted accounting principles in the United States (GAAP).

Definitions of adjusted income (loss) and a reconciliation to net income (loss), along with operating cash flow from continuing operations before working capital, capital expenditures, net of noncontrolling interest, free cash flow before working capital and adjusted SG A, other operating and non-operating expenses and a reconciliation to the comparable GAAP financial measures, are included in the financial schedules of this press release.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Occidental Announces 2nd Quarter 2025 Results Announcing $950 million of additional divestitures since the start of the second quarter of 2025, of which approximately $370 million has already closed

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Supplemental Non-GAAP Measures This press release refers to adjusted income (loss), operating cash flow before working capital, capital expenditures, net of noncontrolling interest, free cash flow before working capital and adjusted selling, general and administrative (SG A), other operating and non-operating expenses, which are supplemental measures not calculated in accordance with generally accepted accounting principles in the United States (GAAP).

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Definitions of adjusted income (loss) and a reconciliation to net income (loss), along with operating cash flow from continuing operations before working capital, capital expenditures, net of noncontrolling interest, free cash flow before working capital and adjusted SG A, other operating and non-operating expenses and a reconciliation to the comparable GAAP financial measures, are included in the financial schedules of this press release.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Occidental s definition of adjusted income (loss), operating cash flow from continuing operations before working capital, capital expenditures, net of noncontrolling interest, free cash flow before working capital and adjusted SG A, other operating and non-operating expenses may differ from similarly titled measures provided by other companies in our industry and as a result may not be comparable.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Consolidated Condensed Statements of Cash Flows Detail of Capital Expenditures and Depreciation, Depletion and Amortization Free Cash Flow (non-GAAP) 8.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

(b) Included debt issuance costs from interest and debt expense, net.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Operating cash flow from continuing operations before working capital, capital expenditures, net of noncontrolling interest and free cash flow before working capital are non-GAAP measures.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Strategy & priorities

Continued well performance leadership and a focus on enhanced operational efficiencies enabled us to generate strong financial results in the second quarter, said President and Chief Executive Officer Vicki Hollub.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

By unlocking lower cost resources, accelerating our deleveraging efforts and advancing our strategic growth projects, we have positioned our portfolio to deliver long-term value.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

All statements other than statements of historical fact are forward-looking statements for purposes of federal and state securities laws, including, but not limited to any projections of earnings, revenue or other financial items or future financial position or sources of financing any statements of the plans, strategies and objectives of management for future operations or business strategy any statements regarding future economic conditions or performance any statements of belief and any statements of assumptions underlying any of the foregoing.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The OxyChem Transaction marks a strategic change in the Company's operations.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

16 NOTE 5 - DERIVATIVES OBJECTIVE AND STRATEGY The Company uses a variety of derivative financial instruments and physical contracts to manage its exposure to commodity price fluctuations and transportation commitments and to fix margins on the future sale of stored commodity volumes.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

Risks & headwinds

Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.

SEC original ↗Occidental Petroleum — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Management ' s Discussion and Analysis of Financial Condition and Results of Operations 28 Cautionary Statement Regarding Forward-Looking Statements 28 Current Business Outlook 29 Consolidated Results of Operations and Items Affecting Comparability 30 Segment Results of Operations 32 Income Taxes 35 Liquidity and Capital Resources 35 Environmental Liabilities and Expenditures 36 Lawsuits, Claims, Commitments and Contingencies 36 Item 3.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

Legal Proceedings 37 Item 1A.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

Legal matters related to the DASS (Alden Leeds) In December 2022, the EPA and the DOJ filed a proposed Consent Decree in the Alden Leeds litigation, seeking court approval to settle with 85 parties for a total of $ 150 million for cleanup costs associated with OU2 and OU4.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

Both the 2018 Contribution Action and the 2023 Cost Recovery Action were stayed pending the outcome of the Alden Leeds litigation.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

NOTE 8 - LAWSUITS, CLAIMS, COMMITMENTS AND CONTINGENCIES LEGAL MATTERS The Company is involved, in the normal course of business, in lawsuits, claims and other legal proceedings that seek, among other things, compensation for alleged personal injury, breach of contract, property damage or other losses, punitive damages, civil penalties, or injunctive or declaratory relief.

SEC original ↗Occidental Petroleum — 10-Q Quarterly report10-QAug 5, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

66 documents

Earnings releases

24 documents

Presentations

0 documents

No presentations for Occidental Petroleum are held in this edition of the library.

Transcripts

0 documents

No transcripts for Occidental Petroleum are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Occidental Petroleum by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.