Earnings release

Occidental Petroleum Corporation Occidental Petroleum Corporation · Q2 2026

ReportedAug 5, 2026
Period endedJun 30, 2026
Rule of 40+61

Consensus vs reported

EPS · ADJUSTED BEAT +25%
$2.40
vs $1.92 expected
QoQ+126%
YoY+823%
Revenue
$8.33B
reported · no published consensus
QoQ+63.0%
YoY+29.0%

QoQ and YoY are measured on the same basis as each panel's own consensus, so no panel compares two different measures.

The quarter in short

Revenue $8.33B, up 29.0% year over year and 63.0% on the quarter. Adjusted EPS $2.40, up 823% year over year and 126% on the quarter. GAAP EPS $2.75. Free cash flow $2.68B, up 178.8% year over year. Adjusted EPS beat consensus by 25%. Rule of 40 score +61.

Reported this quarter

Each tile opens the full quarterly series. Download the numbers as CSV or JSON.

On the call: Q2 2026 call. Before the print: Q2 2026 preview.

Coverage around this release

Estimate against reported

$3.65$1.41−$0.842024 Q3 reported $0.982024 Q32024 Q4 reported −$0.322024 Q42025 Q1 reported $0.772025 Q12025 Q2 reported $0.262025 Q22025 Q3 reported $0.652025 Q32025 Q4 reported −$0.072025 Q42026 Q1 reported $3.132026 Q12026 Q2 estimate $1.922026 Q2 reported $2.402026 Q2
Our published estimate Reported EPS
QuarterEstimateReportedSurprise
2024 Q3 $0.98
2024 Q4 −$0.32
2025 Q1 $0.77
2025 Q2 $0.26
2025 Q3 $0.65
2025 Q4 −$0.07
2026 Q1 $3.13
2026 Q2 $1.92 $2.40 +25%

Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.

Sources & downloads

Company Published by the company on the day of the release.
HTML Earnings press release Investor relations announcement
SEC filings Filed with the SEC under CIK 797468.
JSON Company facts (XBRL) Every figure OXY has reported to the SEC

Q2 2026 across the sector

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