Occidental Petroleum 4Q Revenue Falls as Oil and Gas Sales Decline

Dow Jones

Feb 19

By Kelly Cloonan

Occidental Petroleum logged lower revenue in its latest quarter, driven by a decline in its oil-and-gas segment.

The energy producer on Wednesday posted a loss of $68 million, or 7 cents a share, compared with a loss of $297 million, or 30 cents a share, a year earlier. Results for the quarter include charges and transaction costs related to the sale of OxyChem, the company said.

Adjusted earnings per share were 31 cents, compared with estimates of 17 cents a share according to analysts polled by FactSet.

Revenue fell to $5.11 billion from $5.64 billion. Analysts forecast $5.55 billion.

The company's oil-and-gas segment, which makes up the bulk of its top line, recorded revenue of $4.81 billion, down from $5.62 billion a year ago. Revenue from its midstream and marketing unit rose.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

February 18, 2026 16:43 ET (21:43 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2612686424"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612686424\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612686424?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-19 05:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612686424","market":"nz","top_or_hot":-1,"title":"Occidental Petroleum 4Q Revenue Falls as Oil and Gas Sales Decline","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/OXY.WS\">Occidental Petroleum</a> logged lower revenue in its latest quarter, driven by a decline in its oil-and-gas segment. \n</p>\n<p>\n  The energy producer on Wednesday posted a loss of $68 million, or 7 cents a share, compared with a loss of $297 million, or 30 cents a share, a year earlier. Results for the quarter include charges and transaction costs related to the sale of OxyChem, the company said. \n</p>\n<p>\n  Adjusted earnings per share were 31 cents, compared with estimates of 17 cents a share according to analysts polled by FactSet. \n</p>\n<p>\n  Revenue fell to $5.11 billion from $5.64 billion. Analysts forecast $5.55 billion. \n</p>\n<p>\n  The company's oil-and-gas segment, which makes up the bulk of its top line, recorded revenue of $4.81 billion, down from $5.62 billion a year ago. Revenue from its midstream and marketing unit rose. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 18, 2026 16:43 ET (21:43 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Occidental Petroleum 4Q Revenue Falls as Oil and Gas Sales Decline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOccidental Petroleum 4Q Revenue Falls as Oil and Gas Sales Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-19 05:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/OXY.WS\">Occidental Petroleum</a> logged lower revenue in its latest quarter, driven by a decline in its oil-and-gas segment. \n</p>\n<p>\n  The energy producer on Wednesday posted a loss of $68 million, or 7 cents a share, compared with a loss of $297 million, or 30 cents a share, a year earlier. Results for the quarter include charges and transaction costs related to the sale of OxyChem, the company said. \n</p>\n<p>\n  Adjusted earnings per share were 31 cents, compared with estimates of 17 cents a share according to analysts polled by FactSet. \n</p>\n<p>\n  Revenue fell to $5.11 billion from $5.64 billion. Analysts forecast $5.55 billion. \n</p>\n<p>\n  The company's oil-and-gas segment, which makes up the bulk of its top line, recorded revenue of $4.81 billion, down from $5.62 billion a year ago. Revenue from its midstream and marketing unit rose. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 18, 2026 16:43 ET (21:43 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OXY.WS","symbol_name":"西方石油认购证2027/08/03 22.0","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612686424","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612686424","pubTimestamp":1771450980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Occidental Petroleum logged lower revenue in its latest quarter, driven by a decline in its oil-and-gas segment.The energy producer on Wednesday posted a loss of $68 million, or 7 cents a share, compared with a loss of $297 million, or 30 cents a share, a year earlier. Results for the quarter include charges and transaction costs related to the sale of OxyChem, the company said.Adjusted earnings per share were 31 cents, compared with estimates of 17 cents a share according to analysts polled by FactSet.Revenue fell to $5.11 billion from $5.64 billion. Analysts forecast $5.55 billion.The company's oil-and-gas segment, which makes up the bulk of its top line, recorded revenue of $4.81 billion, down from $5.62 billion a year ago. Revenue from its midstream and marketing unit rose.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OXY.WS":"西方石油认购证2027/08/03 22.0"},"translate_title":"由于石油和天然气销售下降，西方石油第四季度收入下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OXY.WS":1.5},"content_text":"By Kelly Cloonan \n\n\n \n\n\nOccidental Petroleum logged lower revenue in its latest quarter, driven by a decline in its oil-and-gas segment. \n\n\n  The energy producer on Wednesday posted a loss of $68 million, or 7 cents a share, compared with a loss of $297 million, or 30 cents a share, a year earlier. Results for the quarter include charges and transaction costs related to the sale of OxyChem, the company said. \n\n\n  Adjusted earnings per share were 31 cents, compared with estimates of 17 cents a share according to analysts polled by FactSet. \n\n\n  Revenue fell to $5.11 billion from $5.64 billion. Analysts forecast $5.55 billion. \n\n\n  The company's oil-and-gas segment, which makes up the bulk of its top line, recorded revenue of $4.81 billion, down from $5.62 billion a year ago. Revenue from its midstream and marketing unit rose. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 18, 2026 16:43 ET (21:43 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}