Occidental Petroleum reports its third-quarter 2026 results after the US market closes on Monday, 9 November, with investors watching whether strong Permian Basin output can offset a weaker oil price backdrop.

Analysts polled by Zacks expect earnings of $1.43 per share on revenue of $6.73 billion. The earnings estimate has risen 0.7% over the past 60 days, and revenue is expected to edge 0.3% higher than a year earlier. MarketBeat puts the consensus slightly higher, at $1.45 per share on $6.80 billion of revenue.

Zacks says the quarter is likely to have benefited from strong domestic production, improved drilling efficiency and lower interest costs. Its model gives the stock a positive Earnings ESP of 4.14%, a signal that analysts see a better-than-even chance of a beat.

The midstream business may be a softer spot, with narrower natural gas spreads, while production in the Gulf of Mexico could have faced disruption. Investors will also listen for guidance on spending plans and debt reduction.

Occidental will hold its earnings conference call on Tuesday, 10 November, at 1pm Eastern Time. The results land in a week packed with energy earnings and two days before US inflation data that could shape interest-rate expectations. Occidental is one of the largest producers in the Permian Basin, so its commentary on costs and output is closely watched across the US oil sector.