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Q1: 2026-05-05 Earnings Summary
EPS of $1.06 beats by $0.47
|
Revenue of
$5.11B
(-25.34% Y/Y)
misses by $556.23M
Occidental Petroleum Corporation (OXY) Q1 2026 Earnings Call May 6, 2026 1:00 PM EDT
Company Participants
Babatunde Cole
Vicki Hollub - President, CEO & Director
Richard Jackson - Senior VP & COO
Sunil Mathew - Senior VP & CFO
Kenneth Dillon - Senior VP and President of International Oil & Gas Operations
Conference Call Participants
Douglas George Blyth Leggate - Wolfe Research, LLC
Nitin Kumar - Mizuho Securities USA LLC, Research Division
Arun Jayaram - JPMorgan Chase & Co, Research Division
Wei Jiang - Barclays Bank PLC, Research Division
Neil Mehta - Goldman Sachs Group, Inc., Research Division
Presentation
Operator
Good afternoon, and welcome to Occidental's First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Babatunde Cole, Vice President of Investor Relations. Please go ahead.
Babatunde Cole
Thank you, Betsy, and good afternoon, everyone. Thank you for participating in Occidental's First Quarter 2026 Earnings Conference Call. On the call with us today are Vicki Hollub, President and Chief Executive Officer; Sunil Mathew, Senior Vice President and Chief Financial Officer; Richard Jackson, Senior Vice President and Chief Operating Officer; and Ken Dillon, Senior Vice President and President, International Oil and Gas Operations.
This afternoon, we will refer to slides available on the Investors section of our website. The presentation includes a cautionary statement on Slide 2 regarding forward-looking statements that will be made on the call this afternoon. We will also reference a few non-GAAP financial measures today. Reconciliations to the nearest corresponding GAAP measure can be found in the schedules to our earnings release and on our website.
I will now turn the call over to Vicki.
Vicki Hollub
President, CEO & Director
Thank you, Babatunde, and good afternoon, everyone. I want to take a moment to acknowledge the ongoing challenges and uncertainty
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