Earnings call briefThird-quarter 2026
Occidental says it sees 2027 sustainable cash flow up about $700 million to $800 million
Based on initiatives underway, the company expects sustainable cash flow to improve by approximately $700 million to $800 million in 2027 relative to 2026.
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Occidental Petroleum said on its third-quarter call that it is establishing a new principal debt milestone of $6 billion. At that level, it expects its go-forward interest expense run rate to be approximately $400 million, approximately $1 billion lower than its 2025 interest expense.
Quotes from the call
“Based on the initiatives underway, we expect approximately $700 million to $800 million of sustainable cash flow improvement in 2027 relative to 2026, including lower interest expense, roll-off of STRATOS capital and additional oil and gas efficiencies.”
Key facts from the call
- New principal debt milestone
- $6 billion
- Expected go-forward interest expense run rate at $6 billion principal debt
- approximately $400 million
- Expected 2027 sustainable cash flow improvement
- approximately $700 million to $800 million, relative to 2026, based on initiatives underway
Source: Occidental Petroleum's third-quarter 2026 earnings call, November 10, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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