Occidental Petroleum Corp (NYSE:OXY) released its fourth-quarter 2025 financial results after the market closed on Tuesday, February 18, 2026. The report delivered a clear earnings beat, which has been met with positive momentum in after-hours trading. Investors are digesting the figures against a backdrop of significant corporate actions aimed at strengthening the company's financial position.
Earnings and Revenue Versus Estimates
The core of the earnings report shows a mixed performance relative to Wall Street's expectations. While the company fell short on the top line, it delivered a significant positive surprise on profitability.
- Earnings Per Share (Non-GAAP): Occidental reported EPS of $0.31 for Q4 2025. This substantially exceeded the analyst consensus estimate of $0.1873.
- Revenue: The company posted quarterly revenue of $5.42 billion. This came in below the analyst estimate of $5.73 billion.
The divergence between the revenue miss and the earnings beat suggests effective cost management or favorable one-time items that bolstered the bottom line. The detailed financial schedules, which would clarify the drivers behind this performance, are available on the company's investor relations website.
Market Reaction and Recent Performance
The immediate market reaction to the earnings release has been positive. In after-hours trading, OXY stock was up approximately 3.1%, indicating investor approval of the earnings beat. This after-hours gain builds upon a generally positive trend for the stock in recent weeks.
- One-Month Performance: +11.5%
- Two-Week Performance: +4.1%
- One-Week Performance: +1.8%
This upward trajectory may have been supported by recent corporate developments. Prior to the earnings announcement, news highlighted that Occidental strengthened its balance sheet by completing the sale of OxyChem on January 2, 2026, which contributed to a total debt reduction of $5.8 billion since mid-December 2025. The market appears to be rewarding both the disciplined financial management and the stronger-than-expected quarterly profit.
Summary of the Press Release and Forward Look
The press release itself served as a formal announcement of the results' availability. The company has scheduled a conference call for Thursday, February 19, 2026, at 1 p.m. Eastern Time to discuss the quarterly performance in detail. Management's commentary during this call will be critical for investors seeking context on the quarterly numbers and, more importantly, the outlook for the coming year.
While the press release did not provide specific forward-looking financial guidance, analyst estimates for Occidental are already in place. For the first quarter of 2026, the consensus is for revenue of $5.25 billion and EPS of $0.30. For the full 2026 fiscal year, analysts are projecting sales of $21.8 billion and revenue of $1.31 billion. Investors will be listening closely to the conference call for any management commentary that could affirm or alter these expectations.
Conclusion
Occidental Petroleum's Q4 2025 results present a narrative of operational efficiency overcoming a revenue shortfall, leading to a strong earnings beat. The positive after-hours stock movement reflects market satisfaction with this outcome. The recent aggressive debt reduction adds another layer of fundamental improvement that investors are considering. The focus now shifts to the upcoming earnings call, where management's tone and any provided outlook will shape the narrative for OXY stock in the near term.
For a detailed breakdown of historical earnings, future estimates, and analyst ratings, you can review the dedicated earnings page for Occidental Petroleum Corp (NYSE:OXY).
Disclaimer: This article is for informational purposes only and does not constitute financial advice, a recommendation, or an offer to buy or sell any security. Investing involves risk, including the potential loss of principal.
