OXY News

Latest breaking news and updates for OXY stock.

Occidental Announces Further Progress on Asset Sales and Debt Reduction

HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has signed four agreements to divest select Permian Basin assets, generating approximately $950 million in pro...

How might this transaction affect OXY's guidance and potential earnings upgrades? What tax implications or capital gains considerations arise from the asset sales? Will the market price in a potential earnings per share boost from lower interest expense?

Finance

20 days ago

Occidental Announces Second Quarter 2025 Results

HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2025 financial results. The earnings release and accompanying financial schedules can be acces...

What macro‑economic or commodity‑price trends are reflected in Occidental’s performance this quarter, and how might they affect future results? What is the impact of the Q2 results on OXY's valuation multiples (e.g., EV/EBITDA, P/E) relative to industry averages? How will the Q2 results impact Occidental's free cash flow and ability to service existing debt?

Earnings

20 days ago