Occidental Petroleum reported a solid QQ3 2025 performance with meaningful free cash flow generation and resilient operating cash flow in a period of commodity price volatility. Revenue for the quarter stood at $6.624 billion, down 6.5% year-over-year but up 4.9% quarter-over-quarter, reflecting the default cyclicality of upstream volumes and seasonal demand. Operating income reached $842 million, yielding an operating margin of 12.7%, while EBITDA was robust at $3.327 billion, underscoring Occidental’s ability to generate cash flow even as the top-line faced mix-related headwinds. Net income was $661 million, with a net margin of 9.98%, illustrating continued profitability despite industry headwinds.