Occidental Petroleum Corporation has released a summary of earnings considerations for the third quarter of 2025. Here are some key metrics that have been highlighted:
Average Diluted Shares Outstanding: For the third quarter of 2025, the average diluted shares outstanding were 1,003.1 million shares.
Realizations: The average realized prices for oil, NGL (natural gas liquids), and natural gas are as follows:
- Oil:
- United States: $64.55 per barrel
- International: $66.03 per barrel
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Total worldwide: $64.78 per barrel
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NGL:
- United States: $18.98 per barrel
- International: $24.40 per barrel
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Total worldwide: $19.60 per barrel
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Natural Gas:
- United States: $1.48 per mcf (thousand cubic feet)
- International: $1.89 per mcf
- Total worldwide: $1.57 per mcf
Average Index Prices: WTI Oil: $64.93 per barrel Brent Oil: $68.14 per barrel * NYMEX Gas: $3.28 per mcf
Average Realized Prices as Percentage of Average Index Prices: Worldwide oil as a percentage of average WTI: 100% Worldwide oil as a percentage of average Brent: 95% Worldwide NGL as a percentage of average WTI: 30% Domestic natural gas as a percentage of average NYMEX: 45%
These metrics provide insight into the company's performance and the prevailing market conditions during the third quarter of 2025. The market has reacted to these announcements by moving the company's shares -1.16% to a price of $44.52. Check out the company's full 8-K submission here.