OXY - Occidental Petroleum Corporation
10/10/2025 | Press release | Distributed by Public on 10/10/2025 05:16
Third Quarter 2025 Earnings Considerations (Form 8-K)
Third Quarter 2025 Earnings Considerations
Occidental Petroleum Corporation ("Occidental") is providing the following summary of earnings considerations that management believes will impact results for the third quarter of 2025. The summary is intended only to provide information regarding current estimates of these factors. It is not comprehensive of all results for and changes that have occurred in the third quarter of 2025 and is not an estimate of the third quarter of 2025 earnings for Occidental. Further, this summary may not account for all adjustments and charges required to fully reflect changes in industry conditions, is preliminary and is subject to finalization of Occidental's financial reporting process for the third quarter of 2025.
Average Diluted Shares Outstanding
Average diluted shares outstanding for the third quarter of 2025 were 1,003.1 million shares.
Realizations
The following table presents information about Occidental's average realized prices and index prices:
| Three months ended September 30, 2025 | |||||
| Average Realized Prices | |||||
| Oil ($/Bbl) | |||||
| United States | $ | 64.55 | |||
| International | $ | 66.03 | |||
| Total Worldwide | $ | 64.78 | |||
| NGL ($/Bbl) | |||||
| United States | $ | 18.98 | |||
| International | $ | 24.40 | |||
| Total Worldwide | $ | 19.60 | |||
| Natural Gas ($/Mcf) | |||||
| United States | $ | 1.48 | |||
| International | $ | 1.89 | |||
| Total Worldwide | $ | 1.57 | |||
| Average Index Prices | |||||
| WTI oil ($/Bbl) | $ | 64.93 | |||
| Brent oil ($/Bbl) | $ | 68.14 | |||
| NYMEX gas ($/Mcf) | $ | 3.28 | |||
| Average Realized Prices as Percentage of Average Index Prices | |||||
| Worldwide oil as a percentage of average WTI | 100 | % | |||
| Worldwide oil as a percentage of average Brent | 95 | % | |||
| Worldwide NGL as a percentage of average WTI | 30 | % | |||
| Domestic natural gas as a percentage of average NYMEX | 45 | % | |||
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