Update: Occidental Petroleum Q3 Adjusted Earnings, Revenue Rise

05:55 PM EST, 11/09/2026 (MT Newswires) -- (Updates with details about offtake agreements in the fifth and sixth paragraphs.) Occidental Petroleum (OXY) reported Q3 adjusted net income late Monday of $1.91 per diluted share, up from $0.51 a year earlier. Analysts polled by FactSet expected $1.46. Revenue for the quarter ended Sept. 30 rose to $6.77 billion from $5.61 billion a year earlier. Analysts expected $6.73 billion. Separately, Occidental said it signed offtake agreements with two firms to secure carbon dioxide capture from third-party natural gas processing facilities in the Delaware Basin for its enhanced oil recovery operations in the Permian Basin. The two companies will fund and build the infrastructure for the projects, which are subject to final investment decisions, with shipments to Occidental expected in 2029.