Occidental forecasts fourth-quarter midstream pre-tax income of $100 million-$200 million

Bitget2026/11/09 21:15

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Occidental forecasts fourth-quarter 2026 production of 1,430,000-1,470,000 barrels of oil equivalent daily, versus 1,427,000 in the third quarter.
Net capital expenditures are projected at about $1.3 billion, with midstream pretax income forecast at $100 million-$200 million.
Annual sustainable cash flow is expected to rise $4 billion by 2030, a 95% increase from 2025.
A new $6 billion principal debt target follows achievement of the $10 billion milestone.

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 November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Occidental forecasts fourth-quarter midstream pre-tax income of $100 million-$200 million

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