OCCIDENTAL PETROLEUM CORP /DE/
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
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FY2025 · Filed Feb 18, 2026
OXY$56.38+0.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Quarterly Financial Data (Unaudited)
| table of contents | Supplemental Quarterly Financial Data(Unaudited) |
| Supplemental Quarterly Financial Data (Unaudited) | Occidental Petroleum Corporationand Subsidiaries |
|---|
| millions except per-share amounts | First Quarter | Second Quarter | Third Quarter | Fourth Quarter |
|---|---|---|---|---|
| Segment net sales | ||||
| Oil and gas | $5,683 | $5,009 | $5,404 | $4,806 |
| Midstream and marketing | 173 | 390 | 265 | 451 |
| Eliminations | (152) | (141) | (150) | (145) |
| Net sales | $5,704 | $5,258 | $5,519 | $5,112 |
| Segment earnings | ||||
| Oil and gas | $1,697 | $934 | $1,300 | $655 |
| Midstream and marketing | (72) | 39 | 81 | 204 |
| Total segment earnings | $1,625 | $973 | $1,381 | $859 |
| Unallocated corporate items | ||||
| Interest expense, net | (310) | (271) | (266) | (232) |
| Income tax benefit | (347) | (222) | (279) | (173) |
| Other | (138) | (142) | (130) | (221) |
| Income from continuing operations | $830 | $338 | $706 | $233 |
| Discontinued operations, net of taxes | 115 | 130 | 136 | (119) |
| Net Income | $945 | $468 | $842 | $114 |
| Less: Net income attributable to noncontrolling interests | (9) | (10) | (12) | (12) |
| Less: Preferred stock dividend | (170) | (170) | (169) | (170) |
| Net income (loss) attributable to common stockholders | $766 | $288 | $661 | $(68) |
| Basic income (loss) per common share | $0.81 | $0.27 | $0.67 | $(0.07) |
| Diluted income (loss) per common share | $0.77 | $0.26 | $0.65 | $(0.07) |
| Dividends per common share | $0.24 | $0.24 | $0.24 | $0.24 |
| Segment net sales | ||||
| Oil and gas | $4,915 | $5,469 | $5,697 | $5,624 |
| Midstream and marketing | 78 | 257 | 399 | 152 |
| Eliminations | (146) | (146) | (141) | (139) |
| Net sales | $4,847 | $5,580 | $5,955 | $5,637 |
| Segment earnings | ||||
| Oil and gas | $1,238 | $1,639 | $1,165 | $1,172 |
| Midstream and marketing | (38) | 110 | 614 | (123) |
| Total segment earnings | $1,200 | $1,749 | $1,779 | $1,049 |
| Unallocated corporate items | ||||
| Interest expense, net | (290) | (258) | (305) | (316) |
| Income tax expense | (248) | (402) | (391) | (117) |
| Other | (155) | (143) | (183) | (103) |
| Income from continuing operations | $507 | $946 | $900 | $513 |
| Discontinued operations, net of taxes | 381 | 224 | 240 | (633) |
| Net Income (loss) | $888 | $1,170 | $1,140 | $(120) |
| Less: Net income attributable to noncontrolling interests | — | (8) | (7) | (7) |
| Less: Preferred stock dividend | (170) | (170) | (169) | (170) |
| Net income (loss) attributable to common stockholders | $718 | $992 | $964 | $(297) |
| Basic earnings (loss) per common share | $0.81 | $1.10 | $1.03 | $(0.32) |
| Diluted earnings (loss) per common share | $0.75 | $1.03 | $0.98 | $(0.30) |
| Dividends per common share | $0.22 | $0.22 | $0.22 | $0.22 |
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