Occidental Petroleum Upgrade +3.9% as Evercore Lifts OXY
Is Occidental Petroleum finally shedding its balance-sheet discount, or is this latest rally just another oil-fueled head fake? Maik Kemper Editor in Chief The real takeaway here is…
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $5.23B | -8.3% | $3.35B | $3.13 | +306.5% | 36.3% | 17.7% |
| Q4 2025 Dec 2025 | $1.75B | — | $102.0M | $-0.07 | — | 48.0% | 6.7% |
| Q3 2025 Sep 2025 | $6.62B | — | $830.0M | $0.65 | — | 32.6% | 17.7% |
| Q2 2025 Jun 2025 | $6.41B | — | $458.0M | $0.26 | — | 32.5% | 14.9% |
| Q1 2025 Mar 2025 | $5.70B | — | $936.0M | $0.77 | — | 39.1% | 23.6% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Is Occidental Petroleum finally shedding its balance-sheet discount, or is this latest rally just another oil-fueled head fake? Maik Kemper Editor in Chief The real takeaway here is…