Core Viewpoint - Occidental has initiated cash tender offers for its outstanding senior notes and debentures, along with consent solicitations for certain series, as detailed in their Offer to Purchase and Consent Solicitation Statement dated February 19, 2026 [1][5]. Summary by Relevant Sections Tender Offers - Occidental is offering to purchase up to $700 million in aggregate principal amount of various notes, including Zero Coupon Senior Notes due 2036, 6.125% Senior Notes due 2031, 6.625% Senior Notes due 2030, and 7.200% and 7.950% Debentures due 2029 [5][11]. - The company will only accept up to $58 million of the Zero Coupon Senior Notes due 2036, subject to the order of priority [5][10]. Consent Solicitations - As part of the tender offers, Occidental is soliciting consents from holders of specific notes for proposed amendments that would eliminate certain covenants and change the notice period for redemptions [11][12]. - Holders must tender their notes to deliver consents, and the proposed amendments will become operative upon acceptance of the requisite principal amount [12][13]. Key Dates - The tender offers and consent solicitations will expire at 5:00 p.m. New York City time on March 19, 2026, unless extended or terminated earlier [6][8]. - Early tender time is set for 5:00 p.m. on March 4, 2026, with early settlement expected three business days after this date [7][9]. Financial Details - The total consideration for each $1,000 principal amount of notes validly tendered will be determined based on a fixed spread over the yield of the applicable U.S. Treasury security [6][7]. - Holders of notes tendered will also receive accrued and unpaid interest from the last payment date to the settlement date [7][9]. Management and Agents - Citigroup Global Markets Inc. is the sole Lead Dealer Manager for the tender offers, with several co-managers assisting [14].

来源：滚动播报 西方石油第四季度利润超预期，盘前股价上涨3.6% ...

Core Insights - The article discusses the investment strategy of Duan Yongping, highlighting significant changes in his portfolio as of the end of 2025, with a total market value of approximately $17.489 billion, equivalent to over 120 billion RMB [2]. Group 1: Portfolio Adjustments - Duan Yongping significantly reduced his position in Apple, which was previously his largest holding, with a decrease of 7.09% in shares held [4]. - He increased his stake in Nvidia by over 1,110.62%, raising his holdings to 7,237,100 shares valued at approximately $1.35 billion [4]. - Duan also added to his positions in Google and Pinduoduo, while drastically cutting his investment in ASML by 87.63% [3][4]. Group 2: New Investments - Duan initiated small positions in three AI-focused companies: CoreWeave, Credo Technology, and Tempus AI, with respective portfolio allocations of 0.12%, 0.12%, and 0.04% [2][4]. - The portfolio reflects a strategic shift towards technology and AI sectors, indicating a focus on emerging trends in the market [2].

西方石油公司美东时间2月18日公布的财报数据显示，2025年第四季度营收为54.2亿美元，同比下滑 5.2%；归属于普通股股东的净亏损为6800万美元，经调整后归属于普通股股东的利润为3.15亿美元，即 每股摊薄收益0.31美元，两者之间的差额主要源于出售OxyChem相关的费用和交易成本。这一每股盈利 超出市场预期约67%，盘后股价上涨。 由于全球油气平均实现价格下行，2025年第四季度西方石油的石油和天然气税前收入总计7亿美元，而 第三季度为13亿美元，但中游业务的强劲表现抵消了上游价格走低的影响。报告期内该公司中游及营销 业务税前收入为2.04亿美元，上一季度为8100 万美元。剔除影响可比性的项目后，该部门业绩超出指引 上限。（智通财经记者 杨漾） ...

Market Overview - Major U.S. indices closed higher, with the Dow Jones Industrial Average rising 0.26% to 49,662.66, the S&P 500 advancing 0.56% to 6,881.31, and the Nasdaq climbing 0.78% to 22,753.63 [1] Carvana Co. (NYSE:CVNA) - Carvana shares rose 3.02% to close at $361.53, with an intraday high of $366.26 and a low of $339.15; however, the stock crashed nearly 15% to $307.70 in after-hours trading [1] - Carvana reported strong fourth-quarter results, with revenue rising 58% year-over-year to $5.60 billion, exceeding the $5.26 billion consensus estimate, and sold 163,522 vehicles, up 43% from a year ago [2] - Adjusted EBITDA reached $511 million with a 9.1% margin, reflecting improved unit economics despite a sequential dip in profitability [2] Figma Inc. (NYSE:FIG) - Figma shares rallied in extended trading after delivering strong fourth-quarter results, reporting EPS of 8 cents, surpassing the 7-cent estimate, and revenue rose to $303.78 million from $216.95 million a year earlier, ahead of the $293.15 million consensus [3] - Looking ahead, Figma guided first-quarter revenue of $315 million to $317 million, well above estimates, and projected full-year fiscal 2026 revenue of $1.37 billion to $1.374 billion, reinforcing confidence in continued growth [4] DoorDash Inc. (NASDAQ:DASH) - DoorDash posted EPS of 48 cents, below the 60-cent consensus, while revenue of $3.96 billion came in just shy of the $3.99 billion estimate, though significantly up from $2.87 billion a year ago [5] - For the first quarter, DoorDash expects marketplace GOV between $31 billion and $31.8 billion and adjusted EBITDA of $675 million to $775 million, as investors weigh continued growth against the earnings miss [5] Occidental Petroleum Corporation (NYSE:OXY) - Occidental Petroleum shares rose 2.55% to $47.11, with an intraday high of $47.43 and a low of $46.26; in after-hours trading, the stock rose 2.95% to $48.50 [6] Rackspace Technology Inc (NASDAQ:RXT) - Rackspace announced a strategic partnership with Palantir Technologies, leading to a dramatic rally as the company aims to enhance its deployment of Palantir's Foundry and AI Platform [7]

Core Viewpoint - Occidental Petroleum reported a net loss of $68 million for Q4 2025, primarily due to charges from the divestment of its chemical unit, OxyChem, which closed on January 2, 2026 [1][2] Financial Performance - The company reduced its debt by $5.8 billion since mid-December, achieving a total principal debt of $15.0 billion as part of its deleveraging strategy [2] - Occidental raised its quarterly dividend by over 8% to $0.26 per share, marking a doubling of the dividend over the past four years [3] - Despite the loss, the company generated $2.6 billion in operating cash flow and $2.7 billion before working capital adjustments, with capital spending of $1.8 billion, resulting in quarterly free cash flow of $1.0 billion [7] Operational Highlights - Fourth-quarter production averaged 1.481 million barrels of oil equivalent per day, exceeding guidance by 21 Mboed, driven by strong performance in the Permian Basin and Rockies [4] - The midstream and marketing segment delivered $204 million in pre-tax income, significantly up from $81 million in the prior quarter, driven by improved gas transportation margins and lower crude transport costs [6] Market Conditions - Earnings were impacted by weaker commodity prices, with average WTI and Brent prices at $59.14 and $63.09 per barrel, respectively, and realized crude prices falling 9% quarter over quarter [5] - Domestic gas prices dropped 24% to $1.12 per Mcf, leading to a decrease in oil and gas pre-tax income from $1.3 billion in Q3 to $700 million [5] Reserves and Resource Management - Occidental ended 2025 with 4.6 billion barrels of oil equivalent in proved reserves, with an all-in reserves replacement ratio of 98% and an organic ratio of 107% [8] - The company maintained a robust three-year average all-in replacement ratio of 154%, reflecting continued resource additions in the Permian and DJ basins [8]

智通财经APP获悉，西方石油(OXY.US)周三公布的第四季度利润超出华尔街预期，其中游业务的强劲 表现帮助抵消了原油价格走低的影响。根据LSEG汇编的数据，截至12月31日的三个月，西方石油公司 调整后每股收益为0.31美元，高于预期的0.18美元。营收同比下降5.2%至54.2亿美元。 在2019年以550亿美元收购Anadarko Petroleum以及去年以120亿美元收购CrownRock之后，西方石油公 司背负了巨额债务。截至12月31日，这家总部位于休斯顿的公司的长期债务为206.3亿美元。 第四季度业绩受到大宗商品价格下跌的影响，2025 年第四季度，石油天然气业务税前收入总计 7 亿美 元，而 2025 年第三季度为 13 亿美元。西方石油公司第四季度实现油价从去年同期的每桶 69.73 美元跌 至每桶 59.22 美元，但日产量略微上升至 148 万桶油当量，超出指引上限。四季度，对石油供应过剩的 担忧日益加剧，给全球油价带来了压力，全球原油平均实现价格价格下跌超过 9%。天然气凝析液价格 下跌15%至每桶16.68美元，而美国国内天然气实现价格下跌24%至每千立方英尺1.12美元。 此外 ...

Core Viewpoint - Occidental Petroleum reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, but down from $0.80 per share a year ago [1] Financial Performance - The earnings surprise for the quarter was +62.13%, with the company previously expected to post earnings of $0.48 per share but actually reporting $0.64, resulting in a surprise of +33.33% [2] - Revenues for the quarter were $5.42 billion, missing the Zacks Consensus Estimate by 7.81%, and down from $6.84 billion year-over-year [3] Stock Performance - Occidental shares have increased approximately 11.7% since the beginning of the year, while the S&P 500 has shown no return [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $4.97 billion, and for the current fiscal year, it is $0.65 on revenues of $20.58 billion [8] - The Zacks Industry Rank for Oil and Gas - Integrated - United States is in the bottom 14% of over 250 Zacks industries, suggesting potential challenges ahead [9]

Group 1 - The Chinese Consulate in Sapporo has advised Chinese citizens to avoid traveling to Japan following an incident where a Hong Kong resident was assaulted in Sapporo [8] - As of the end of 2025, H&H International Investment, managed by Duan Yongping, has a total portfolio value of approximately $17.489 billion, equivalent to over 120 billion RMB [13] - International crude oil futures saw a significant increase, with WTI crude oil rising by 4.59% to $65.19 per barrel, and Brent crude oil increasing by 4.35% to $70.35 per barrel [4][20] Group 2 - The U.S. stock market indices closed higher, with the Nasdaq up 0.78%, S&P 500 up 0.56%, and Dow Jones up 0.26%, driven by gains in major tech stocks [3] - The market for gold and silver also saw increases, with spot gold rising by 2.08% to $4,979.56 per ounce and spot silver increasing by 5.04% to $77.2335 per ounce [4] - The State Council's Safety Committee and the Ministry of Emergency Management have emphasized the need for strict safety regulations regarding fireworks to prevent accidents [6] Group 3 - Several domestic gold jewelry brands have reduced their prices below 1,500 RMB per gram, with Chow Tai Fook and Lao Miao Gold both pricing at 1,499 RMB per gram [7] - On February 17, the total cross-regional movement of people in China reached 22.4182 million, a 15.5% increase from the previous day and a 9.4% increase compared to the same day last year [7]

Here's a look at the details from the quarter. OXY stock is moving. Watch the price action here.Q4 DetailsOccidental Petroleum reported quarterly earnings of 31 cents per share, which beat the analyst estimate of 18 cents by 67.57%, according to data from Benzinga Pro.The company reported the following fourth quarter highlights:"Our emphasis on operational excellence and cost efficiency drove meaningful production and operating expense outperformance during the fourth quarter," said CEO Vicki Hollub.OXY Sto ...