Summary
Occidental Petroleum Beats
Occidental Petroleum (OXY) reported 1st Quarter March 2026 earnings of $1.06 per share on revenue of $5.1 billion. The consensus earnings estimate was $0.65 per share on revenue of $5.5 billion. The Earnings Whisper number was $0.76 per share. Revenue fell 25.3% compared to the same quarter a year ago.
Occidental Petroleum Corp is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing & other segments.
Results
Reported Earnings
$1.06
Earnings Whisper
$0.76
Consensus Estimate
$0.65
Reported Revenue
$5.11 Bil
Revenue Estimate
$5.50 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Occidental Announces First Quarter 2026 Results
HOUSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its first quarter 2026 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website at oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov.
The company will hold a conference call to discuss the results on Wednesday, May 6, 2026, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10207317/10381675f7d. A recording of the webcast will be posted on the Investor Relations section of the company’s website following the call.
About Occidental
Occidental is an international energy company that produces, markets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Occidental primarily operates in the United States, the Middle East and North Africa. To learn more, visit oxy.com.
Contacts
Source: Occidenta
