Short answer
Occidental Petroleum (OXY) filed an 8-K current report with the SEC on July 10, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Management issued second-quarter 2026 earnings considerations on July 10, 2026.
Occidental Petroleum 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Management issued second-quarter 2026 earnings considerations on July 10, 2026
- Exhibit 99.1 contains factors expected to affect Q2 2026 results
- Disclosure is furnished, not filed under Exchange Act Section 18
- Investors should review Exhibit 99.1 for operating and financial guidance implications
Item EX-99.1 · Exhibit EX-99.1
- Preliminary Q2 2026 earnings considerations, not an earnings estimate, with final reporting still subject to adjustments
- Crude oil collar settlements reduced operating cash flow before working capital by $156 million
- Average diluted shares outstanding totaled 1,012.2 million, relevant to per-share earnings calculations
- Worldwide oil realized at $96.78/Bbl, equal to 104% of average WTI and 100% of Brent
- Domestic natural gas realized at negative $1.48/Mcf, or (51)% of average NYMEX gas price
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