Occidental Q2 net income $2.8 billion; oil prices and midstream perform well
OXY Occidental Petroleum Corp
$61.65 +0.85%
View chart & analysis → - 1Occidental Petroleum (OXY) reported $2.8 billion in net income attributable to common shareholders for Q2 2026.
- 2Realized oil prices rose 38% quarter-over-quarter to $96.78 per barrel, and midstream pre-tax earnings swung back to a $1.3 billion profit.
- 3Free cash flow before working capital of $3.0 billion is the highest since Q3 2022, and debt principal was reduced by $1.9 billion.
Source Oilprice.com +2 · View original ↗
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