Occidental Petroleum Corp (NYSE:OXY) Reports Q3 2025 Earnings Beat, Revenue Miss

Earnings Overview

OCCIDENTAL PETROLEUM CORP (NYSE:OXY) has released its financial results for the third quarter of 2025. The report presents a mixed picture, with the company delivering a notable beat on bottom-line earnings while falling slightly short on the top-line revenue figure. The immediate market reaction in after-hours trading suggests investors are weighing these contrasting outcomes.

Financial Performance vs. Estimates

The core of any earnings report lies in the comparison between actual results and market expectations. For Occidental Petroleum's Q3 2025, the key figures are as follows:

• Earnings Per Share (EPS): The company reported a non-GAAP EPS of $0.64. This significantly surpassed the analyst consensus estimate of $0.5204.
• Revenue (Sales): Reported revenue came in at $6.717 billion. This was just below the analyst estimate of $6.746 billion.

The EPS beat of nearly 23% indicates stronger-than-anticipated profitability during the quarter. This could be attributed to effective cost management, favorable pricing in certain product lines, or operational efficiencies. Conversely, the slight revenue miss, though marginal, suggests sales volumes or realized prices may have been a touch softer than the market had projected.

Market Reaction

The initial market response to the earnings release has been negative. Following the announcement, the stock experienced a decline in after-hours trading. This price action implies that investors may be focusing more on the revenue shortfall than the substantial earnings beat. In the energy sector, where production volumes and top-line growth are closely watched, even a small miss on revenue can overshadow positive profitability news. The pre-earnings performance showed minimal movement, with the stock relatively flat over the past week and month, indicating the market was in a wait-and-see mode ahead of this report.

Company Profile and Announcement Summary

Occidental Petroleum is a major international energy company with a significant footprint in the U.S., particularly in the Permian Basin. The company operates across three core segments: oil and gas exploration and production, chemicals manufacturing through OxyChem, and midstream and marketing, which includes its low-carbon ventures. The press release announcing the Q3 2025 results was straightforward, serving primarily to notify the public of the report's availability on the company's website and the SEC's database. It did not include any forward-looking guidance or commentary on future performance, focusing solely on the dissemination of the completed quarterly figures.

Looking Ahead

With no official outlook provided in the release, investor attention will now turn to the upcoming earnings conference call for management's perspective on the quarter and its expectations for the future. Analysts have already established estimates for the periods ahead, which will serve as a benchmark.

• Q4 2025 Analyst Estimates:
  • Revenue: $6.369 billion
  • EPS: $0.47
• Full-Year 2025 Analyst Estimates:
  • Revenue: $26.595 billion
  • EPS: $2.27

For a more detailed breakdown of historical and future earnings estimates, you can review the data here.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice, a recommendation to buy or sell any security, or an offer to engage in any investment strategy. All investment decisions carry risk and should be made based on your own research and financial circumstances.