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Sentiment · FY2026 Q2
As of FY2026 Q1, the Tellvest earnings-call sentiment score for Occidental Petroleum (OXY) is 6/10.
Occidental reported adjusted earnings of $1.06 per diluted share and reported earnings of $3.13 per diluted share, the difference largely driven by the gain on the OxyChem sale. Production averaged 1.426 million BOE per day, a 21,000 BOE per day beat against the midpoint of guidance, driven by strong new well performance and uptime across the domestic portfolio, while domestic lease operating expense outperformed at $7.85 per BOE. Free cash flow from continuing operations was approximately 52% higher even with oil prices roughly in line with 2025, and principal debt fell to $13.3 billion, below the $14.3 billion target set the prior quarter. Management raised the midpoint of full-year Midstream guidance to $1.1 billion, an increase of approximately $800 million, while adjusting the full-year production guidance midpoint to 1.44 million BOE per day on Middle East disruptions. Vicki Hollub announced her retirement after a 45-year career, with Richard Jackson succeeding her as President and CEO and emphasizing continuity in execution and cost efficiency.
Scored from Occidental Petroleum’s FY2026 Q1 earnings call. The newest quarter is available with Tellvest Pro.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $6.92B | -5.7% | $-0.31 | -128.8% | 19.7% | -1.8% | $1.57B |
| FY2025 Q1 | $6.80B | +9.5% | $0.77 | +2.7% | 21.7% | 13.7% | $466M |
| FY2025 Q2 | $6.32B | -8.1% | $0.26 | -74.8% | 13.6% | 6.8% | $962M |
| FY2025 Q3 | $6.62B | -6.5% | $0.65 | -33.7% | 17.7% | 12.5% | $1.02B |
| FY2025 Q4 | $5.01B | -27.6% | $-0.07 | +77.8% | 9.3% | 2.0% | $1.88B |
| FY2026 Q1 | $5.23B | -23.1% | $3.17 | +311.7% | 7.2% | 64.0% | $-298M |
| FY2026 Q2 | $8.33B | +31.8% | $2.75 | +957.7% | 45.4% | 35.8% | $2.41B |