Occidental Petroleum Corp (OXY) results explained: sales up 21%

Quantooo Lab · 2026-11-09

What happened?

Occidental Petroleum Corp (OXY) reported results on 9 Nov, covering the 9 months to 30 Sep.

The numbers in plain words

Sales were up 20.5% compared with the same period a year earlier. The company is funded less by borrowing than a year ago (46% of assets vs 57%).

Source: the company's 10-Q filed 2026-11-09.

How did the share price react?

Since the results, the share price has moved −1.10% (to the close of 9 Nov), while the S&P 500 moved +2.37%.

What changed in our score?

Our score went from 69 to 75 out of 100; the fundamentals part went from 92 to 92. Every step of the calculation: OXY stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be about as usual for OXY (32% a year vs a normal 31%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.