OCTOBER CPI COMES IN HOTTER THAN EXPECTED: - Headline at 0.4% MoM vs 0.3% expected - Core at 0.3% MoM vs 0.2% expected We don’t get YoY because of the government shutdown last year. Shelter was up and accounted for 30% of the increase. December rate hike odds now 98.8%.

OCTOBER CPI COMES IN HOTTER THAN EXPECTED: - Headline at 0.4% MoM vs 0.3% expected - Core at 0.3% MoM vs 0.2% expected We don’t get YoY because of the government shutdown last year. Shelter was up and accounted for 30% of the increase. October rate hike odds now 98.8%.

OCCIDENTAL $OXY Q3’26 EARNINGS HIGHLIGHTS 🔹 Total Revenue: $6.77B (Est. $6.79B) 🔴; +21% YoY 🔹 Adj. EPS: $1.91 (Est. $1.46) 🟢; +275% YoY 🔹 GAAP EPS: $1.61; +148% YoY 🔹 Free Cash Flow: $2.78B; +88% YoY Announcements: 🔹 Debt Milestone: $10.0B principal debt; reduced debt by $1.8B 🔹 Worldwide Production: 1,427 Mboed (Est. 1,417 Mboed) 🟢; -3% YoY 🔹 Operating Cash Flow: $4.1B from continuing operations Segment Performance: 🔹 Oil & Gas: $2.6B pre-tax income 🔹 Midstream & Marketing: $55M pre-tax income Other Q3 Metrics: 🔹 Worldwide Realized Oil: $85.91/barrel 🔹 Adjusted Oil & Gas: $2.67B 🔹 Adjusted Midstream & Marketing: $309M Capital Return: 🔹 Dividend: $0.28/share 🔹 Treasury Stock Purchases: $90M 🔹 Debt Paydown: $1.8B Key Updates: 🔹 Derivatives losses drove the difference between GAAP and adjusted results; $(0.30) EPS adjustment Comments: 🔸 “We reached an important milestone in the third quarter, reducing principal debt to $10.0 billion after retiring $10.4 billion of debt since the beginning of this year” 🔸 “With our stronger balance sheet, we are advancing our plan to add more than $4.0 billion in annual sustainable cash flow by 2030, providing a pathway to accelerate capital returns and deliver durable long-term value for our shareholders.”

OCTOBER NON FARM PAYROLLS: - 165K jobs vs 70K expected - 4.1% unemployment rate vs 4.2% expected Great report, but might make the case for the Fed to hike if they think the labor market being this good is only going to keep inflation sticky.