Occidental Petroleum Q3 2026 EPS Tops Estimates at $1.91, but Revenue Misses at $6.77B

Occidental Petroleum (OXY) posted mixed third-quarter 2026 results, with adjusted EPS above the estimate and revenue below it. Revenue was $6.77 billion, up 2.2% from a year earlier, below the $6.80 billion estimate, and adjusted EPS was $1.91, up 198% from a year earlier, above the $1.46 estimate.

Shares fell 0.1% in after-hours trading as of 4:14 p.m. ET, to $55.70 from a $55.78 close.

Q3 2026 scorecard

By our calculation, revenue was $31.3 million below the estimate and adjusted EPS was $0.45 above it. The QoQ column compares with the previous quarter's revenue of $8.06 billion and adjusted EPS of $2.40. The YoY column compares with $6.62 billion and $0.64 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 2 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $6.62 billion, $5.11 billion, $5.23 billion, $8.06 billion and $6.77 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $1.96 and revenue of $7.56 billion next quarter, based on 16 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 2.2% increase to $6.77 billion.
• Estimate record. Whether Occidental Petroleum extends a record of beating EPS estimates in 8 of its last 8 reports.
• Related coverage. See our reports on Securitize, National Health Investors, Casella Waste Systems and Surgery Partners.

Sources: Results are from Occidental Petroleum's Nov. 9, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Occidental Petroleum's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.