Occidental Petroleum beats third-quarter profit estimates on higher production
Oil and gas firm Occidental Petroleum beat Wall Street estimates for third-quarter profit on Tuesday, as higher production from the $12-billion CrownRock acquisition offset lower prices.
Oxy beats quarterly estimates as production surges following CrownRock acquisition
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Occidental Petroleum 3Q Profit, Revenue Top Expectations
Occidental Petroleum posted third-quarter results ahead of Wall Street estimates, as higher global oil production offset lower commodity prices. The oil-and-gas producer on Tuesday reported net income of $964 million,
Occidental Petroleum Corp. Q3 Profit Decreases, But Beats Estimates
Occidental Petroleum Corp. (OXY) reported earnings for third quarter that decreased from the same period last year but beat the
Occidental Petroleum's Q3 Earnings Beat, Revenues Lag Estimates
OXY's third-quarter earnings are better than expected. The gains from strong sales volume are partially offset by lower realized commodity prices.
Occidental Petroleum earnings top estimates despite fall in oil and gas profit
Investing.com - Occidental Petroleum posted a decline in profit from its key oil and gas business in the third quarter, but sentiment was still bolstered by stronger-than-anticipated group-wide earnings.
Investor's Business Daily on MSN9h
Warren Buffett's Favorite Energy Stock Is In Debt Reduction Mode. Earnings Up Next.
Warren Buffett-backed Occidental Petroleum reported better-than-expected third-quarter earnings late Tuesday, with the ...
What's Going On With Occidental Petroleum Shares Wednesday?
Occidental Petroleum reports earnings for the 2024 third-quarter. The company reports sales of $7.15 billion. Occidental ...
Oil1d
Occidental executives outline conservative spending plans
The recently acquired CrownRock assets are showing solid efficiency gains and it’s likely other U.S. onshore operations ...
24/7 Wall St on MSN2d
Energy Stocks Set to Surge: 3 Best Buys in November
Energy stocks attract investors for a number of reasons. These companies provide obvious diversification benefits, providing ...
Wall Street Journal21d
This Little-Known Private-Equity Firm Booked a 79-Fold Return
The private-equity firm recently sold the shares it received as part of the August sale of its majority stake in oil-and-gas producer CrownRock, notching what is perhaps one of the buyout industry ...
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
Seeking Alpha1d
Wall Street Breakfast Podcast: Southwest Airlines Grounds Workforce To Match Capacity
Occidental Petroleum's reports Q3 earnings today. Investors will look for information on debt reduction plans ...
Fox Business5d
occidental petroleum corp. - OXY
Houston-based Occidental Petroleum said it will purchase CrownRock in a $12 billion deal. It expects the transaction to close in the first quarter of 2024. Oil prices are moving higher ahead of ...
Nasdaq1mon
Occidental Stock Dips 15.8% in a Year: How Should You Play?
The company has issued $5 billion of senior unsecured notes to fund the cash consideration of the CrownRock acquisitions. A huge increase in debt was concerning, but Occidental has issued the ...