Thursday, March 5, 2026 6:45 AM ET

Occidental Announces Early Tender Results and Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes and Debentures

HOUSTON — March 5, 2026 — Occidental (NYSE: OXY) today announced the early tender results, as set forth in the table below, of its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its Zero Coupon Senior Notes due 2036 (the “0.000% 2036 Notes”), 6.125% Senior Notes due 2031 (the “6.125% 2031 Notes”), 6.625% Senior Notes due 2030 (the “6.625% 2030 Notes”), 7.200% Debentures due 2029 (the “7.200% 2029 Debentures”) and 7.950% Debentures due 2029 (the “7.950% 2029 Debentures” and, together with the 0.000% 2036 Notes, the 6.125% 2031 Notes, the 6.625% 2030 Notes and the 7.200% 2029 Debentures, the “Notes”) and Consent Solicitations (as defined below). In connection therewith, Occidental further announced that it is increasing the maximum aggregate principal amount of Notes it will accept for purchase (as amended herein, the “Aggregate Cap”), from the previously announced amount of $700,000,000 to $1,200,000,000. The $58,000,000 maximum aggregate principal amount of the 0.000% 2036 Notes it will accept for purchase (the “Sub-Cap”) has not been increased.

A PDF of this news release can be found here.