OCCIDENTAL PETROLEUM CORP /DE/ (OXY) Form 8-K — Aug 5, 2026

$OXYForm 8-KItems 2.02, 9.01Filed Aug 5, 2026, 4:16 PM ET0001628280-26-053377Original filing

Occidental Petroleum reported second quarter 2026 net income attributable to common stockholders of $2.8 billion, or diluted EPS of $2.75, with adjusted EPS from continuing operations of $2.40. Oil and gas pre-tax income jumped to $2.8 billion from $1.0 billion in the first quarter as worldwide realized oil prices rose 38% sequentially to $96.78 per barrel, and midstream and marketing swung to a $1.3 billion pre-tax profit from an $87 million loss.

Key figures

Eps: 2.75
Revenue: $8,065 million (Q2 2026 total net sales)
Guidance: No forward guidance given; company states it expects significant free cash flow growth by 2030
Net Income: $2,807 million attributable to common stockholders ($2,996 million total net income)
Total Debt: $11.8 billion principal (balance sheet: $13,540 million long-term debt, net, plus $203 million current maturities)
Revenue Yoy: implied ~+53% (Q2 2026 net sales $8,065M vs. Q2 2025 $5,258M, both stated in the schedules)
Total Assets: $80,358 million
Cash Position: $4,150 million (cash and cash equivalents, June 30, 2026)
Wti average: $92.79/bbl
Adjusted eps: 2.4
Brent average: $97.06/bbl
Capex net of nci: $1,589 million
Production mboed: 1433
Dividend declared: $0.28/share quarterly (+8%), payable October 15, 2026, record date September 10, 2026
Q2 debt reduction: $1.9 billion
Debt milestone target: $10.0 billion
Oil gas pretax income: $2.8 billion (vs. $1.0 billion in Q1 2026)
Ytd net income common: $5,982 million
Domestic gas realization: -$1.48/Mcf (negative)
Wes equity method income: $149 million
Adjusted net income common: $2,443 million
Worldwide realized oil price: $96.78/bbl, +38% sequentially
Midstream marketing pretax income: $1.3 billion (vs. $87 million pre-tax loss in Q1 2026)
Operating cash flow continuing ops: $5,086 million ($5.1 billion)
Free cash flow before working capital: $3,021 million — highest since Q3 2022
Operating cash flow before working capital: $4,610 million

Price after filing

1 day: 0.0%7 days: +6.3%30 days: +10.0%

Close on the filing date to close N calendar days later (from $55.09). Historical, not a forecast.

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