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Occidental forecasts fourth-quarter midstream pre-tax income of $100 million-$200 million
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Occidental forecasts fourth-quarter midstream pre-tax income of $100 million-$200 million
  • Occidental forecasts fourth-quarter 2026 production of 1,430,000-1,470,000 barrels of oil equivalent daily, versus 1,427,000 in the third quarter.
  • Net capital expenditures are projected at about $1.3 billion, with midstream pretax income forecast at $100 million-$200 million.
  • Annual sustainable cash flow is expected to rise $4 billion by 2030, a 95% increase from 2025.
  • A new $6 billion principal debt target follows achievement of the $10 billion milestone.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OXY - Occidental Petroleum Corporation published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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