Occidental Petroleum Corporation reported second quarter 2026 results on August 5, 2026, announcing net income attributable to common stockholders of $2.8 billion and diluted earnings per share of $2.75. The company increased its quarterly dividend by 8% to $0.28 per share, payable October 15, 2026, to shareholders of record as of September 10, 2026. Operational highlights included generating $4.6 billion in operating cash flow before working capital and delivering $3.0 billion in free cash flow before working capital from continuing operations. Global production averaged 1,433 thousand barrels of oil equivalent per day, exceeding guidance high estimates. The company also reduced its principal debt by $1.9 billion to $11.8 billion. Occidental Petroleum Corporation is an international energy company that produces, markets and transports oil and natural gas.