Every 8-K that Occidental Pet (OXY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OXY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OXY filings page.
Occidental Petroleum reported strong second-quarter 2026 results. Net income attributable to common stockholders was $2.8 billion, or reported diluted EPS of $2.75. Adjusted income was $2.4 billion, with adjusted EPS from continuing operations of $2.40. Operating cash flow from continuing operations reached $5.1 billion and operating cash flow before working capital was $4.6 billion, supporting free cash flow before working capital of $3.0 billion on capital expenditures of $1.6 billion. Principal debt was reduced by $1.9 billion to $11.8 billion.
Oil and gas pre-tax income rose to $2.8 billion from $1.0 billion in the first quarter, helped by higher realized crude prices, including average worldwide realized crude oil prices of $96.78 per barrel and NGL prices of $24.64 per barrel, while domestic gas prices averaged negative $1.48 per Mcf. Total global production averaged 1,433 Mboed, above the high end of guidance, and midstream and marketing delivered $1.3 billion of pre-tax income. The quarterly dividend was increased by an additional 8% this year to $0.28 per share, payable October 15, 2026 to stockholders of record on September 10, 2026.
Occidental Petroleum Corporation outlined selected factors expected to affect results for the second quarter of 2026. Average diluted shares outstanding for the quarter were 1,012.2 million. Crude oil collar settlements for the period reduced operating cash flow before working capital by $156 million.
Average realized worldwide oil prices were $96.78 per barrel, compared with average index prices of $92.79 for WTI and $97.06 for Brent. Worldwide NGL realized prices averaged $24.64 per barrel. Worldwide natural gas realized prices averaged $(0.80) per Mcf, versus an average NYMEX gas index price of $2.89 per Mcf. The company emphasizes that these earnings considerations are preliminary and not a comprehensive estimate of second quarter 2026 earnings.
Occidental reported a very strong first quarter of 2026, boosted by an asset sale and higher oil prices. Net income attributable to common stockholders was $3.2 billion, or diluted EPS of $3.13, while adjusted income from continuing operations was $1.1 billion, or adjusted EPS of $1.06.
Total company production averaged 1,426 Mboed, exceeding the high end of guidance, led by the Permian, Rockies and Gulf of America. Average worldwide realized crude oil prices rose 18% quarter over quarter to $69.91 per barrel, and NGL prices increased 14% to $18.99 per barrel, while domestic gas prices fell 10% to $1.01 per Mcf.
From continuing operations, operating cash flow was $1.4 billion, including a $1.8 billion use of working capital, and operating cash flow before working capital was $3.251 billion. Capital expenditures were $1.6 billion, resulting in free cash flow before working capital from continuing operations of $1.747 billion. Occidental advanced deleveraging priorities by repaying $7.1 billion of principal debt through May 5 and reducing principal debt to $13.3 billion.
Occidental Corporation announced a planned CEO transition and reported results from its 2026 Annual Meeting of Shareholders. President and CEO Vicki Hollub will retire effective June 1, 2026, in an eligible retirement under the company’s Retirement Policy, and will continue to serve on the Board.
The Board unanimously appointed Richard A. Jackson, currently Senior Vice President and Chief Operating Officer, to become President, CEO and a director as of the transition date. His compensation will include a $1.4 million base salary, a target annual cash incentive equal to 150% of salary, and $6 million in restricted stock units vesting over three years.
At the 2026 annual meeting, all named director nominees received strong support, generally between about 96.66% and 99.18% of votes cast, and two additional proposals each received more than 94% support.
Occidental Petroleum Corporation filed an update outlining factors management believes will shape its first-quarter 2026 results, focusing on volumes, pricing and other earnings drivers rather than providing full earnings figures. The company reports average diluted shares outstanding of 1,006.9 million for the quarter.
Occidental’s average realized worldwide oil price was $69.91 per barrel, compared with WTI at $71.93 and Brent at $77.93. Worldwide NGLs averaged $18.99 per barrel, and worldwide natural gas averaged $1.20 per Mcf. The filing also includes extensive cautionary language on forward-looking statements and risk factors that could cause actual results to differ from these current considerations.
Occidental Petroleum Corporation launched cash tender offers and consent solicitations for several senior notes and debentures and increased the maximum aggregate principal amount it may repurchase from $700,000,000 to $1,200,000,000. As of the early tender time, it accepted $21,533,000 of 0.000% 2036 Notes, $843,259,000 of 6.125% 2031 Notes and $335,208,000 of 6.625% 2030 Notes, fully subscribing the tender up to the new cap and triggering proration for the 6.625% 2030 Notes.
Holders tendering early receive a $30 early tender premium per $1,000 principal and series-specific total consideration set by reference U.S. Treasury yields. Occidental obtained the requisite consents to amend the 6.125% 2031 Notes indenture, eliminating certain covenants and shortening redemption notice to five business days, while consent thresholds were not met for the other consent notes.
Occidental Corporation launched cash tender offers for up to $700.0 million aggregate principal amount of several outstanding senior notes and debentures, including a $58.0 million sub-cap for its Zero Coupon Senior Notes due 2036. The company is offering an early tender premium of $30 per $1,000 principal amount for notes tendered by 5:00 p.m. New York City time on March 4, 2026, ahead of the overall expiration on March 19, 2026. Occidental plans to fund the repurchases with cash on hand, including proceeds from the January 2, 2026 sale of all equity interests in Occidental Chemical Corporation. In parallel, it is soliciting consents to amend indenture covenants and shorten redemption notice periods for most of the targeted notes, which would apply to remaining holders once the required consents are received and the notes are purchased.
Occidental Petroleum reported fourth-quarter 2025 results showing a small net loss but solid underlying performance and major balance sheet moves. The company recorded a net loss attributable to common stockholders of $68 million, or −$0.07 per diluted share, mainly from charges and transaction costs tied to the OxyChem sale. On an adjusted basis, it earned $315 million, or $0.31 per diluted share.
Operating cash flow was strong at $2.6 billion, with operating cash flow before working capital of $2.7 billion and free cash flow before working capital of $1.0 billion. Total production averaged 1,481 Mboed, above the high end of guidance, supported by the Permian and Rockies.
Occidental closed the OxyChem divestiture on January 2, 2026, cutting debt by $5.8 billion since mid‑December 2025 and bringing principal debt to $15.0 billion. The board raised the quarterly dividend by more than 8% to $0.26 per share. Year-end proved reserves totaled 4.6 billion BOE, with a 2025 all-in reserves replacement ratio of 98% and an organic replacement ratio of 107%.
Occidental Petroleum Corporation furnished an overview of factors that management believes will affect its fourth quarter 2025 results. This information, referred to as the Fourth Quarter 2025 Earnings Considerations, is provided in an accompanying document labeled Exhibit 99.1. The exhibit is meant to give context around expected operating and financial drivers, rather than serve as formal, filed financial statements.
The company states that this information is being furnished, not filed, under securities laws, which means it is not automatically subject to certain liability provisions and will only be incorporated into other regulatory documents if specifically referenced. No detailed financial results or guidance figures are included in this text; those are contained in Exhibit 99.1.
Occidental Petroleum Corporation has completed the sale of its chemical business, Occidental Chemical Corporation, to Berkshire Hathaway Inc. for $9.7 billion in cash, subject to customary purchase price adjustments. The transaction transfers all issued and outstanding equity interests in the chemical subsidiary, which was held through Occidental Chemical Holding, LLC and Environmental Resource Holdings, LLC, both indirect wholly owned subsidiaries. Occidental provided unaudited pro forma condensed consolidated financial statements, including a balance sheet as of September 30, 2025 and statements of operations for the nine months ended September 30, 2025 and the years 2024, 2023 and 2022, reflecting the divestiture and certain debt redemption transactions. Occidental also issued a press release announcing the completion of the divestiture, and included extensive cautionary language regarding forward-looking statements and risk factors that could affect future results.
Occidental Petroleum (OXY) furnished an Item 2.02 report announcing its financial condition and results of operations for the quarter ended September 30, 2025. The details are provided in a press release attached as Exhibit 99.1.
The information in this report and Exhibit 99.1 is furnished, not filed, under the Exchange Act and is not incorporated by reference into other filings unless specifically referenced. A Cover Page Interactive Data File is included as Exhibit 104.
Occidental Petroleum Corporation provided a brief management summary of factors it believes will affect results for Q3 2025. That summary is furnished as Exhibit 99.1 to the current report and is incorporated by reference. The filing clarifies the furnished exhibit is not being treated as "filed" under Section 18 of the Exchange Act and will not be automatically incorporated into other Securities Act or Exchange Act filings unless explicitly referenced.
Occidental Corporation has agreed to sell its chemical business, Occidental Chemical Corporation (OxyChem), to Berkshire Hathaway Inc. in an all-cash transaction valued at $9.7 billion, subject to customary adjustments for cash, debt and working capital. OxyChem is a global producer of commodity chemicals used in water treatment, pharmaceuticals, healthcare, and construction-related markets.
The deal is being executed through subsidiaries Occidental Chemical Holding, LLC and Environmental Resource Holdings, LLC, and will close after required regulatory approvals, including expiration of the Hart-Scott-Rodino waiting period, and other customary conditions are met. Either party may terminate the agreement if closing has not occurred by March 30, 2026, with an automatic 90‑day extension if certain regulatory conditions remain outstanding.
Occidental will provide various indemnities to Berkshire Hathaway for specified pre‑closing liabilities, including certain tax and environmental matters, while a separate subsidiary will retain legacy environmental liabilities at OxyChem’s legacy sites and manage related remediation under a dedicated agreement.
Occidental Petroleum Corporation has agreed to sell all of the issued and outstanding equity interests of Occidental Chemical Corporation, which holds its chemical business, to Berkshire Hathaway Inc. in an all-cash transaction valued at $9.7 billion, subject to customary purchase price adjustments. The parties announced they have signed a definitive agreement, and Occidental released an investor presentation and joint press release describing the transaction and its anticipated benefits and risks.