– Occidental reported $2.6B Q2 2025 operating cash flow, driven by CrownRock production gains and cost cuts despite lower WTI prices.
– Repaid $7.5B debt in
– STRATOS DAC project achieved wet commissioning milestone, advancing CO2 capture economics for carbon management.
– New “One Big Beautiful Bill” grants $700M-$800M tax savings while preserving 45Q credits to support carbon storage/utilization.