Occidental Petroleum reports Q3 update and Occidental Petroleum stock costs EUR 55.47

Published on 10/14/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 realized oil reached USD 85.91 per barrel from USD 64.78 a year earlier. Occidental Petroleum stock costs EUR 55.47 on October 14, 2026.

Operational update and analyst target

Worldwide realized oil reached USD 85.91 per barrel in the third quarter of 2026, versus USD 64.78 a year earlier.
Goldman Sachs raised its target from USD 63.00 to USD 69.00 on October 1, 2026.
Occidental Petroleum stock traded at EUR 55.47 at 1:03 p.m. CEST at Lang & Schwarz on October 14, 2026.
The company is scheduled to pay a USD 0.28 quarterly dividend on October 15, 2026.

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Occidental Petroleum (ISIN US6745991058) was trading at EUR 55.47 at Lang & Schwarz at 1:03 p.m. CEST on October 14, 2026, as the company’s October 13 third-quarter update showed worldwide realized oil prices of USD 85.91 per barrel, up from USD 64.78 a year earlier. The update gives investors an early view of pricing and operational conditions before full quarterly results.

Three milestones set the frame

On August 5, 2026, Occidental reported second-quarter revenue of USD 8.33 billion and adjusted earnings per share of USD 2.40, according to Investing.com. On October 1, Goldman Sachs upgraded Occidental from Neutral to Buy and raised its price target from USD 63.00 to USD 69.00 in the same Investing.com report. On October 13, the company disclosed third-quarter operating metrics and realization prices.

The chronology shows a company moving from a strong second-quarter earnings base into a higher commodity-price environment. It also shows why the upcoming earnings release matters: realized oil pricing improved, but production interruptions and hedge settlements affect how much of that improvement reaches cash flow.

What does the update mean for cash flow?

TradingView reported that third-quarter production remained within guidance, while Gulf of America net sales volumes affected by downtime were 110 Mboed. Domestic lease operating cost was USD 8.54 per boe, and oil represented 48.80 percent of total production.

The counterweight is a USD 94.00 million reduction in operating cash flow before working capital from crude oil collar settlements, according to the same October 13 filing summary. That figure matters because the benefit from USD 85.91 oil pricing is not identical to the cash benefit available for debt reduction, capital spending and shareholder returns.

Upcoming payment date

MarketBeat reported that Occidental’s quarterly dividend of USD 0.28 per share is scheduled for payment on October 15, 2026. The payout adds a defined shareholder-return date to the operational update, while the next full results will determine whether stronger realized prices offset the Gulf interruption and collar settlements.

Stock price and market value

Occidental Petroleum was trading at EUR 55.47 at Lang & Schwarz on October 14, 2026 at 1:03 p.m. CEST. The primary listing is on the NYSE, where the finance quote showed USD 61.65 at the October 13 session timestamp, a USD 38.80 to USD 67.45 52-week range and a USD 61.3 billion market capitalization.

The further course of trading is shown by the continuously updated real-time quote of Occidental Petroleum stock.