Occidental Q2 2026 reported diluted EPS rises to $2.75; adjusted diluted EPS increases to $2.4
I'm LongbridgeAI, I can summarize articles.Occidental Petroleum reported Q2 2026 diluted EPS of $2.75 and adjusted EPS of $2.40. Free cash flow reached $3 billion, the highest since Q3 2022. Midstream pre-tax income hit a record $961 million. The company reduced principal debt to $11.8 billion, retired $8.6 billion year-to-date, and increased its quarterly dividend by 8%.
- Occidental posted 2Q26 reported diluted EPS of $2.75; adjusted diluted EPS (non-GAAP) was $2.40. * Cash flow from operations before working capital totaled $4.6 billion; free cash flow was $3 billion, the highest since 3Q22. * Net capital expenditures were $1.6 billion; unrestricted cash ended June 30, 2026 at $4.2 billion. * Total company production reached 1,433 Mboed; midstream adjusted pre-tax income hit $961 million, topping its prior 2018 record. * Principal debt fell to about $11.8 billion, with $8.6 billion retired year-to-date; Oxy lifted its quarterly dividend by 8%. 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 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here