Short answer
Occidental Petroleum (OXY) filed its fiscal 2025 10-K annual report with the SEC on Feb 18, 2026. It reported revenue of $21.6B (−21.3% year over year) and net income of $1.6B.
- Top risk flagged: Regulatory risk from federal disaster relief program tax payment deferrals influencing $9.6B operating cash flow in 2025
FY2025 key financial metrics · XBRL
- Revenue
- $21.6B
- −21.3% YoY
- Net income
- $1.6B
- −31.8% YoY
- EPS (diluted)
- $1.61
- −34.0% YoY
- ROE
- 4.5%
- −2.4 pp YoY
- Operating cash flow
- $10.5B
- −7.9% YoY
Source: XBRL data from the Occidental Petroleum (OXY) FY2025 10-K on SEC EDGAR. USD.
Occidental Petroleum FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Management Discussion & Analysis
- Revenue impact from lower oil prices with WTI down to $64.81/bbl from $75.72 and Brent down to $68.18/bbl from $79.79 YoY
- Capital investment $5.6B in oil and gas, $0.7B in midstream and marketing in 2025
- Debt repayment $4.0B in 2025 plus $5.4B post-year from OxyChem sale proceeds
- OxyChem sale completed for $9.7B cash, $3.2B estimated gain net of taxes, classified as discontinued operations
- No explicit profitability or margin data, but focus on deleveraging debt from $15B principal outstanding
Risk Factors
- Regulatory risk from federal disaster relief program tax payment deferrals influencing $9.6B operating cash flow in 2025
- Geopolitical exposure via $0.5B capital expenditures in Gulf of Aquitaine (GOA) international oil and gas operations
- Operational risk from $720M midstream capital required to complete Trains 3 and 4 at STRATOS processing facilities
- Market disruption risk related to $800M Permian Basin working interests divested in 2025 amid competitive asset sales
- Financial risk from $280M asset purchases in 2025 down from $9.1B in 2024 reflecting acquisition spending concentration changes
Generated from the filing text; verify against the original. How to read a 10-K
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