OXY
Occidental Petroleum Corporation38.92
-1.27-3.16%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
38.34BP/E (TTM)
28.62Basic EPS (TTM)
1.36Dividend Yield
0.02%Recent Filings
8-K
10-Q
8-K
Oxy's Q3 pricing preview
Occidental Petroleum released third-quarter 2025 earnings considerations on October 10, highlighting average realized oil prices of $64.78 per barrel worldwide, edging close to WTI's $64.93 but dipping to 95% of Brent's $68.14. NGL realizations hit $19.60 per barrel, while natural gas averaged $1.57 per Mcf, reflecting softer domestic gas at 45% of NYMEX's $3.28. Diluted shares stood at 1,003.1 million. These figures signal steady pricing amid volatile markets, yet commodity fluctuations pose risks to final results.
8-K
OxyChem sale to Berkshire
Occidental Petroleum announced a definitive agreement on October 2, 2025, to sell its OxyChem chemical business to Berkshire Hathaway for $9.7 billion in cash, subject to adjustments, with closure expected in Q4 2025 pending regulatory approvals. The deal enables Occidental to repay $6.5 billion in debt, hitting its post-CrownRock target below $15 billion while saving over $350 million annually in interest. This sharpens focus on oil and gas, accelerating low-cost resource development and integrated technologies. Debt reduction unlocks value.
10-Q
Q2 FY2025 results
Occidental Petroleum's Q2 revenue dipped 6% y/y to $6.4B on softer oil prices, yet volumes held steady at 1,397 Mboe/d, buoyed by full CrownRock integration. Earnings from continuing operations fell 60% y/y to $468M, with diluted EPS at $0.26 versus $1.03, reflecting lower realized prices across oil ($63.76/Bbl, down 18% y/y) and gas while operating cash flow surged 16% y/y to $5.1B for H1. Debt trimmed to $23.3B long-term net, cash at $2.3B, and free cash flow (derived) of $1.2B for H1 after $3.9B capex. Divestitures fetched $1.5B in H1, funding repayments. Oil price volatility looms large.
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