Occidental Petroleum Corp (NYSE:OXY) Beats Q2 2025 Earnings and Revenue Estimates Amid Debt Reduction Progress
By Mill Chart
Last update: Aug 6, 2025
Occidental Petroleum Corp (NYSE:OXY) reported its second-quarter 2025 financial results, delivering revenue and earnings per share (EPS) that exceeded analyst expectations. The market reaction has been moderately positive, with shares rising approximately 0.87% in after-hours trading following the release.
Key Financial Highlights
- Revenue: Reported at $6.456 billion, surpassing the consensus estimate of $6.339 billion.
- Earnings Per Share (EPS): Came in at $0.39, beating the estimated $0.2885.
- Debt Reduction Progress: The company has repaid approximately $7.5 billion in debt since April 2025, supported by $950 million in proceeds from recent asset sales.
Market Reaction & Performance Context
The positive after-hours movement suggests investor approval of the earnings beat, though broader performance trends show some weakness:
- Last Week: -4.21%
- Last Two Weeks: -4.28%
- Last Month: -6.65%
This indicates that while the earnings report provided a short-term boost, longer-term concerns—potentially around oil price volatility or debt levels—may still weigh on sentiment.
Forward-Looking Estimates
Analysts project the following for Occidental Petroleum:
- Q3 2025 Revenue Estimate: $6.59 billion
- Q3 2025 EPS Estimate: $0.566
- Full-Year 2025 Revenue Estimate: $26.527 billion
- Full-Year 2025 EPS Estimate: $2.604
The company did not provide explicit forward guidance in its press release, leaving investors to rely on external estimates.
Press Release Summary
Occidental highlighted its operational execution and continued focus on debt reduction through strategic divestitures. The company emphasized its leadership in carbon management and its diversified operations across oil & gas, chemicals, and midstream segments. A conference call is scheduled for August 7, 2025, to discuss results in further detail.
For a deeper dive into Occidental’s earnings history and future estimates, visit the earnings and estimates page.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
