← Occidental Petroleum Corporation
OXY News
3 R40 articles on Occidental Petroleum Corporation (OXY), the latest published Sep 14, 2026.
R40 Coverage
Crude Settled 7.8% Above Both Our Oil Price Decks. Occidental Has 100,000 Barrels a Day Capped at $75.89.
WTI settled at $100.05 on 11 September, 7.8% above the quarter our Occidental and Vista models revert from. One sits 22% below the market, one 40% above.
Occidental's Earnings Went Up Tenfold. The Debt Paydown Explains 5% of the Increase.
Occidental's June-quarter EPS went from $0.26 to $2.75. Of the $3,355M pre-tax increase, $1,915M is Oil & Gas and $1,299M midstream. Lower interest is $163M.
Occidental (OXY): Oil-Price Spike Meets the Buffett-OxyChem Cleanup Ahead of August 5 Earnings
Occidental hasn't reported Q2 2026 yet, but its pre-earnings 8-K already shows a $96.78/barrel realized oil price on the same Middle East/Venezuela supply-shock tailwind lifting Chevron and Exxon this quarter — layered on top of a new CEO, a completed $9.5 billion OxyChem sale to Berkshire Hathaway, and an aggressive debt-paydown push.