Short answer
Occidental Petroleum (OXY) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $7.1B (up 11.6% year over year) with net income of $2.8B.
Q2 2026 key financials · XBRL
- Revenue
- $7.1B
- +11.6% YoY · +26.6% QoQ
- Net income
- $2.8B
- +969.0% YoY · −11.6% QoQ
- EPS (diluted)
- $2.76
- +961.5% YoY · −11.8% QoQ
Source: XBRL data from the Occidental Petroleum (OXY) Q2 2026 10-Q on SEC EDGAR. USD.
Occidental Petroleum Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- WTI averaged $92.79/barrel in Q2 2026 vs $71.93 in Q1 2026; six-month average $82.36 vs $67.58 YoY
- Dividend increased 8% to $0.28 per share, payable October 15, 2026
- OxyChem sale completed for $9.5B, generating approximately $3.1B after-tax gain
- Outlook: volatile oil prices, Iran-related disruptions, tariffs, geopolitical uncertainty, and potential supplier-cost increases
Risk Factors
- No risk factors section provided; no new or changed risks identifiable
- Share repurchase authorization: $1,223 million remaining under February 2023 plan
- Leadership transition: Vicki Hollub separation effective June 1, 2026
- Compliance disclosure: no director or Section 16 officer adopted or terminated Rule 10b5-1 arrangements during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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