Occidental reduces debt after OxyChem sale, posts strong quarter
February 19, 2026
(World Oil) – Occidental Petroleum reported fourth-quarter 2025 production that exceeded guidance and continued balance sheet improvement following the sale of its OxyChem business, the company announced Tuesday. Total company production averaged 1.48 MMboed during the quarter, surpassing the high end of guidance, with strong contributions from the Permian basin and Rockies. U.S. Gulf and international production met expectations. Occidental generated
