# Occidental Petroleum Q2 2026 earnings

> Live situation record from CLSTR: https://clstr.news/situations/occidental-petroleum-q2-2026-earnings
> Updated: 2026-08-05T20:52:54.000Z. Sources: 15. Developments: 2.

Occidental Petroleum Corp. reported its Q2 2026 results on August 5, announcing a quarterly dividend of $0.28 per share—a 7.7% increase—and earnings of $2.40 per share, well above analysts’ expectations. Revenue rose 53.4% year‑over‑year to $8.06 billion. The company scheduled a conference call for August 6 to discuss the results, and the figures were highlighted in a market‑wide earnings roundup that also covered other firms. No further updates on Occidental’s Q2 2026 performance have been reported since the August 5 announcements.

## Claims

- Cloudflare raised its full-year revenue forecast to $2.86‑$2.87 billion, up from $2.805‑$2.813 billion. (corroborated by 10 sources)
- Cloudflare reported second‑quarter revenue of $696.1 million, above analysts’ estimate of $665.5 million. (corroborated by 10 sources)
- Cloudflare's Q2 adjusted earnings were $0.29 per share, above expectations of $0.27 per share. (corroborated by 10 sources)
- Cloudflare raised its annual adjusted earnings guidance to $1.25‑$1.26 per share, from $1.19‑$1.20 previously. (corroborated by 10 sources)
- Cloudflare announced a workforce reduction of roughly 20 % (about 1,100 jobs) in May. (corroborated by 10 sources)
- Cloudflare shares rose about 18 % after the earnings announcement. (corroborated by 10 sources)
- Cloudflare forecast third‑quarter revenue of $736‑$737 million, above analysts’ estimate of $722.1 million. (corroborated by 10 sources)
- The previous full‑year revenue forecast was $2.805 billion‑$2.813 billion. (corroborated by 9 sources)
- Analysts' average estimate for the full‑year revenue was $2.81 billion. (corroborated by 9 sources)

## Timeline

### 2026-08-05: Occidental Petroleum and Ionic Digital Report Q2 2026 Earnings

Occidental Petroleum and Ionic Digital announced Q2 2026 earnings, with conference calls set for Aug 6 and Aug 19 respectively.

2 sources. https://clstr.news/cluster/occidental-petroleum-and-ionic-digital-report-q2-2026-earnings

### 2026-08-05: Cloudflare lifts full-year revenue forecast as AI-driven traffic fuels growth

Cloudflare beat Q2 estimates, raised its full‑year revenue forecast to $2.86‑$2.87 bn, lifted earnings guidance, cut 20% of staff, and saw shares jump 18% as AI‑driven traffic surges.

13 sources. https://clstr.news/cluster/charles-river-laboratories-forecasts-fy-2026-earnings-regal-rexnord-holds-q2-2026-call

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Cite as: Occidental Petroleum Q2 2026 earnings. CLSTR, https://clstr.news/situations/occidental-petroleum-q2-2026-earnings