Occidental Petroleum Corp's Q1 2026 Key Metrics

By Chris Stiles • Friday, April 10 10:47 • Permanent Link

Occidental Petroleum said first-quarter 2026 average diluted shares outstanding were 1,006.9 million.

Oil realizations came in at $69.91 a barrel worldwide, with U.S. crude averaging $70.31 and international crude $67.59. That compared with benchmark prices of $71.93 a barrel for WTI and $77.93 for Brent, putting worldwide oil realizations at 97% of WTI and 90% of Brent.

Natural gas liquids averaged $18.99 a barrel worldwide, including $18.45 in the U.S. and $23.52 internationally. Relative to WTI, worldwide NGL realizations were 26%.

Natural gas realizations averaged $1.20 per thousand cubic feet worldwide, with U.S. gas at $1.01 and international gas at $1.93. Domestic natural gas realizations were 26% of the $3.93 per MMBtu Nymex benchmark. Today the company's shares have moved 4.06% to a price of $64.36. Check out the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.