Occidental Petroleum announced net income attributable to common stockholders of $288 million, or $0.26 per diluted share, and adjusted income attributable to common stockholders of $396 million, or $0.39 per diluted share, for Q2 2025.

1. 01

   Occidental Petroleum announced net income attributable to common stockholders of $288 million, or $0.26 per diluted share, and adjusted income attributable to common stockholders of $396 million, or $0.39 per diluted share, for Q2 2025.

2. 02

   The company said operating cash flow for Q2 was $3.0 billion and operating cash flow before working capital was $2.6 billion, with quarterly free cash flow before working capital of $0.7 billion after reflecting capital spending of $2.0 billion and contributions from noncontrolling interest of $51 million.

3. 03

   Occidental said it repaid $3.0 billion of debt year-to-date through a combination of asset sales, organic cash flow and proceeds from warrants exercised, and announced $950 million of additional divestitures since the start of Q2, of which approximately $370 million has already closed.

4. 04

   The company said it is reducing the mid-point of 2025 capital guidance by $100 million and international operating costs by $50 million. It added that year-to-date, Occidental has realized or identified $500 million in capital and operating cost reductions from the original guidance.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.