Occidental Q2 2025 Results: Exceeds Production Guidance, Reports $0.26 EPS, Adjusted EPS at $0.39

Occidental Petroleum Corporation announced its second quarter 2025 financial results, reporting revenues from net sales in its Oil & Gas segment totaling $5.009 billion, down from $5.469 billion in the first quarter of 2025. The Chemical segment recorded net sales of $1.227 billion, a slight decrease from $1.274 billion in the previous quarter. Midstream & Marketing reported net sales of $426 million, compared to $282 million in the first quarter. The company achieved earnings per diluted share of $0.26 and adjusted earnings per diluted share of $0.39 for the second quarter. Occidental also announced $950 million in additional divestitures since the start of the second quarter, with about $370 million already closed. Year-to-date, Occidental has repaid $3.0 billion of debt, utilizing a combination of asset sales, organic cash flow, and proceeds from exercised warrants. Operating cash flow was reported at $3.0 billion, with capital spending amounting to $2.0 billion. The company also reported total production above the mid-point of guidance, with a total output of 1,400 Mboed. Midstream and marketing exceeded the high-end of guidance for pre-tax adjusted income. 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 August 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here