OXY · Occidental Petroleum Corp /De/
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. Oxy reported Q2 production that exceeded the high end of guidance, generated $3.0 billion of free cash flow, and outlined a plan to add over $4 billion of annual sustainable cash flow by 2030 (with ~85% achievable at lower prices) funded by cost efficiencies, lower sustaining capital, and continued debt reduction to a $10 billion principal debt milestone.
- + Q2 production of 1,433 Mboed exceeded the high end of guidance, driven by Permian and Gulf of America outperformance.
- + Generated $3.0 billion of free cash flow before working capital, the highest level since Q3 2022.
- + Midstream & marketing pre-tax adjusted income set a new quarterly record at ~$960 million, more than double the midpoint of guidance.
- + Cut principal debt by $1.9 billion to $11.8 billion, reducing go-forward annualized interest by ~$630 million, and raised the quarterly dividend 8% to $0.28/share.
- − Q3 2026 domestic LOE guidance rises to $8.75/BOE (vs. $7.80/BOE in Q2) on planned Gulf of America maintenance and weather contingency.
- − Stratos DAC project commissioning for trains 3 and 4 has slipped, with full plant commissioning now expected around year-end and transition to operations in 2027.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Oil & Gas E&P — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
OXY
this stock
Occidental Petroleum Corp /De/
|
$56.84B | +34.5% | -1.9% | 8.7 | 2.2% |
|
COP
Conocophillips
|
$150.96B | +33.7% | +7.7% | 16.6 | 1.3% |
|
CNQ
CANADIAN NATURAL RESOURCES Ltd
|
$98.26B | +39.1% | — | — | 8.9% |
|
EOG
Eog Resources Inc
|
$73.62B | +31.2% | -4.5% | 10.9 | 3.0% |
|
FANG
Diamondback Energy, Inc.
|
$52.27B | +22.3% | +35.8% | 35.6 | 2.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| OXY | -3.6% | -9.2% | -5.5% | -8.1% | +34.5% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -2.9% | -9.4% | -17.7% | -7.5% | +22.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.