Occidental Petroleum's stock jumped over 10% to $51.82 on Thursday after the company reported fourth-quarter earnings that beat analysts' expectations, with an adjusted income of $0.31 per share. However, the firm fell short on total revenue, missing estimates by $195.3 million with sales of $5.42 billion. Looking to the future, Occidental aims for a production target of 1.45 million barrels of oil equivalent per day in 2026 while planning capital expenditures between $5.5 billion and $5.9 billion, even as it grapples with a significant long-term debt of $20.62 billion.
“OXY · has an expected move of · 4.6%”
“Occidental Petroleum · closed · up · more than +9%”
“Occidental Petroleum (OXY) · is up · percentage · more than +7%”
“OCCIDENTAL PETROLEUM · generated · Q4 adjusted income · $0.31”
“OCCIDENTAL PETROLEUM · fell short of estimates by · revenue · $195.3M”
“Occidental Petroleum · stock surged · early Thursday · 10% to $51.82”
“Occidental Petroleum · published earnings · late Wednesday”
“Occidental Petroleum stock · surged · Thursday · after the energy giant posted fourth-quarter earnings that topped expectations”
“Occidental · posted · its latest earnings · after the bell Wednesday”
“Occidental Petroleum (OXY) · reports · Q4 2025 · Wednesday After-Market”
“Occidental · targets · production in 2026 · 1.45M boe/d”
“Occidental · outlined · capital plan · $5.5B-$5.9B”
