Occidental Q3 2026 slides: $10B debt goal met, eyes $4B cash flow boost

Occidental Petroleum Corporation reported strong third-quarter 2026 results, exceeding analyst expectations with adjusted earnings of $1.91 per diluted share and total production of 1,427 thousand barrels of oil equivalent per day. The company achieved its $10 billion principal debt milestone ahead of schedule, resulting in significant interest savings and increased financial flexibility for future capital allocation.

Additionally, the company outlined plans to boost sustainable cash flow by $4 billion annually by 2030, demonstrating its commitment to operational excellence and strategic growth in a competitive energy landscape.

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