Occidental Petroleum Corporation ( OXY ) Q3 2025 Earnings Call November 11, 2025 1:00 PM EST Company Participants Jordan Tanner - Vice President of Investor Relations Vicki Hollub - President, CEO & Director Richard Jackson - Senior VP & COO Sunil Mathew - Senior VP & CFO Kenneth Dillon - Senior VP and President of International Oil & Gas Operations Conference Call Participants Douglas George Blyth Leggate - Wolfe Research, LLC Arun Jayaram - JPMorgan Chase & Co, Research Division Neil Mehta - Goldman Sachs Group, Inc., Research Division Paul Cheng - Scotiabank Global Banking and Markets, Research Division James West - Melius Research LLC Matthew Portillo - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division Neal Dingmann - William Blair & Company L.L.C., Research Division Leo Mariani - ROTH Capital Partners, LLC, Research Division Presentation Operator Good afternoon, and welcome to Occidental's Third Quarter 2025 Earnings Conference Call.
Occidental Petroleum Corp (NYSE:OXY) late Monday reported third quarter 2025 earnings that exceeded expectations as higher oil and gas output offset weaker crude oil prices. The US shale producer posted an adjusted profit during the period of $0.64 per share, surpassing the analyst consensus estimate of $0.52, according to data compiled by LSEG.
Occidental Petroleum (OXY) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $1 per share a year ago.
Occidental Petroleum's third-quarter results may show lower sales and profits, despite stronger Permian output and debt reduction gains.
Occidental Petroleum (OXY) reached $40.08 at the closing of the latest trading day, reflecting a -2.05% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $40.83, denoting a -3.48% move from the preceding trading day.
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
Occidental Petroleum (OXY) concluded the recent trading session at $41.8, signifying a +2.18% move from its prior day's close.
Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Occidental to sell OxyChem to Berkshire for $9.7 billion, using proceeds to cut debt and strengthen its balance sheet.
Occidental Petroleum's $9.7 billion sale of OxyChem was punished by the market for several reasons. The company is paying off $6.5 billion in debt, along with additional cash saved, which it can use for returns. Overall, the company will be able to maintain its dividend, and repurchase shares, while saving to repurchase preferred equity.