Short answer
Occidental Petroleum (OXY) filed an 8-K current report with the SEC on August 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Occidental issued its June 30, 2026 quarterly results on August 5, 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
- Occidental issued its June 30, 2026 quarterly results on August 5, 2026
- Detailed financial results and management commentary are contained in Exhibit 99.1
- Results furnished under Regulation FD, limiting Exchange Act Section 18 liability absent explicit incorporation by reference
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $8.3B and reported EPS $2.75, supported by higher oil prices and strong midstream performance
- Adjusted EPS $2.40, up from $1.06 in Q1, with continuing-operations adjusted income $2.4B
- Free cash flow before working capital $3.0B against $1.6B capital expenditures, strengthening shareholder-return capacity
- Debt reduced $1.9B to $11.8B, leaving $1.8B to reach the $10.0B milestone
- Dividend raised 8% to $0.28 per share, payable October 15, 2026, signaling confidence in cash generation despite commodity-price exposure
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