CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Occidental Petroleum Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • Occidental Petroleum set a $6 billion principal debt target, having reached its $10 billion milestone.
  • The November 10, 2026, third-quarter earnings call featured CEO Richard Jackson, CFO Sunil Mathew, Kenneth Dillon and Babatunde Cole.
  • Quarterly adjusted earnings reached $1.91 per diluted share, with approximately $2.8 billion in free cash flow.
  • Management expects approximately $5.9 billion in 2027 capital spending to support relatively flat production compared with 2026.
  • Annual sustainable cash flow improvement is targeted above $4 billion by 2030 versus 2025, including $700 million-$800 million incremental improvement in 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OXY - Occidental Petroleum Corporation published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk