---
title: "Occidental Petroleum presentation outlines plan for $4 billion annual sustainable cash flow uplift by 2030 at $65 WTI"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295008818.md"
description: "Occidental Petroleum outlined a plan to achieve $4 billion in annual sustainable cash flow uplift by 2030 at $65 WTI, up 95% from 2025. The company prioritized debt reduction, lowering principal debt to ~$11.8 billion and targeting a $10 billion milestone, which supported an 8% dividend increase. Operational gains drive a 3 Mboed production guidance increase for FY26, with free cash flow expected to exceed $1.2 billion in 2026."
datetime: "2026-08-05T20:18:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295008818.md)
  - [en](https://longbridge.com/en/news/295008818.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295008818.md)
---

# Occidental Petroleum presentation outlines plan for $4 billion annual sustainable cash flow uplift by 2030 at $65 WTI

-   Occidental Petroleum highlighted a push to prioritize excess cash flow toward a $10 billion principal debt milestone; principal debt reduced to about $11.8 billion. \* Accelerated debt paydown supported an additional 8% increase to the quarterly dividend. \* U.S. unconventional well costs targeted for a 7% improvement versus 2025; operational gains underpin a 3 Mboed increase to FY26 total company production guidance. \* Plan targets $4 billion of incremental annual sustainable cash flow by 2030 at $65 WTI, up 95% versus 2025. \* Free cash flow improvement in 2026 expected to exceed $1.2 billion, excluding the impact of higher oil prices. 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 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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