Occidental Petroleum Corporation (OXY) Financials
Key financial figures for Occidental Petroleum Corporation (Q2 2026).
Occidental posted Q2 2026 diluted EPS of $2.75 as worldwide realized oil prices jumped 38% sequentially to $96.78/bbl and production hit 1,433 Mboed, above the high end of guidance. Reported diluted EPS of $2.75 ($2.8B net income attributable to common stockholders); adjusted EPS from continuing operations of $2.40 Total worldwide production averaged 1,433 Mboed, exceeding the high end of guidance, led by outperformance in the Permian and Gulf of America Average worldwide realized crude oil price rose 38% quarter over quarter to $96.78/bbl; NGL realizations rose to $24.64/bbl while domestic gas realizations stayed negative at $(1.48)/Mcf Oil & Gas segment pre-tax income rose to $2.8B from $1.0B in Q1 2026; Midstream & Marketing swung to $1.3B pre-tax income from an $87M p. Figures are for Q2 2026, as Occidental Petroleum Corporation reported them.
- Revenue
- $8.1B
- Net Income
- $3.0B
- EPS
- $2.80
- Total Assets
- $80.4B
- Operating Cash Flow
- $4.3B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $8.3B | $3.0B | $2.75 | 45.41% | $2.7B |
| Q1 FY2026 | $5.2B | $3.3B | $3.17 | 7.17% | -$298M |
| Q4 FY2025 | $5.0B | $102M | -$0.07 | 9.32% | $1.9B |
| Q3 FY2025 | $6.6B | $830M | $0.65 | 17.72% | $1.0B |
| Q2 FY2025 | $6.3B | $431M | $0.26 | 13.57% | $962M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $21.6B | $2.4B | $1.61 | 17.24% | $4.1B |
| FY2024 | $27.1B | $3.0B | $2.44 | 22.02% | $4.4B |
| FY2023 | $28.3B | $4.7B | $3.90 | 22.9% | $6.1B |
Frequently asked questions
What was Occidental Petroleum Corporation's revenue last quarter?
Occidental Petroleum Corporation reported revenue of $8.33 billion for Q2 FY2026, up 31.8% from the same period a year earlier.
Is Occidental Petroleum Corporation profitable?
Yes. Occidental Petroleum Corporation reported net income of $2.98 billion for Q2 FY2026, a net margin of 35.75% on revenue.
How has Occidental Petroleum Corporation's margin trended?
Operating margin was 45.41% in Q2 FY2026, compared with 13.57% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Occidental Petroleum Corporation generate?
Occidental Petroleum Corporation generated free cash flow of $2.71 billion in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Occidental Petroleum Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.