Occidental Petroleum Publishes Q3 2026 Earnings Call Transcript
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- Occidental Petroleum set a $6 billion principal debt target, having reached its $10 billion milestone.
- The November 10, 2026, third-quarter earnings call featured CEO Richard Jackson, CFO Sunil Mathew, Kenneth Dillon and Babatunde Cole.
- Quarterly adjusted earnings reached $1.91 per diluted share, with approximately $2.8 billion in free cash flow.
- Management expects approximately $5.9 billion in 2027 capital spending to support relatively flat production compared with 2026.
- Annual sustainable cash flow improvement is targeted above $4 billion by 2030 versus 2025, including $700 million-$800 million incremental improvement in 2027.
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 12, 2026, and is solely responsible for the information contained therein.
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