OXY Occidental (OXY) Q4 FY24 earnings call
Occidental delivered a strong Q4 FY24, capping a year of strategic execution marked by record production and accelerated debt reduction, achieving its near-term target ahead of schedule. The company is balancing continued deleveraging with strategic investments in short-cycle, high-return assets and major projects like STRATOS, while also advancing its low-carbon ventures and AI initiatives for future growth and efficiency.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
OXY operating KPIs by quarter
| KPI | This call Dec 2024 Q4 FY24 | Mar 2025 Q1 FY25 | Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|---|
| Production Oil and Gas | 1.46M boe/dIn our Oil and Gas segment, global production during the fourth quarter was 1.46 million BOE per day, outperforming the midpoint of guidance by 13,000 BOE per day.Source: earnings call transcript | 1.39M boe/d+Our oil and gas business produced at just over 1.39 million BOE per day.Source: earnings call transcript | 1.4M boe/dIn the second quarter, our oil and gas business produced 1.4 million BOE per day, exceeding the midpoint of our production guidance.Source: earnings call transcript | ~1.47M boe/dIn the third quarter, our oil and gas business produced approximately 1.47 million barrels of oil equivalent per day, exceeding the high end of our guidance range.Source: earnings call transcript | 1.426M boe/dWe delivered 1.426 million BOE per day production, a 21,000 BOE per day [indiscernible] against the midpoint of guidance, largely driven by strong new well performance and uptime across our domestic portfolio.Source: earnings call transcript | 1.43M boe/dTotal production for the quarter averaged 1.43 million BOE per day, exceeding the midpoint of guidance by 23,000 BOE per day.Source: earnings call transcript | +0.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.