Occidental Petroleum Corp. Q3 Profit Decreases, But Beats Estimates

Nov 12, 2024 · The company's revenue for the quarter rose 0.2% to $7.173 billion from $7.158 billion last year. Occidental Petroleum Corp. earnings at a glance (GAAP) : -Earnings (Q3): …

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Occidental Petroleum Corp. Q3 Profit Decreases, But Beats Estimates

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Nov 12, 2024 · The company's revenue for the quarter rose 0.2% to $7.173 billion from $7.158 billion last year. Occidental Petroleum Corp. earnings at a glance (GAAP) : -Earnings (Q3): …

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Occidental Petroleum Earnings Top Estimates Despite Fall In Oil And …

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Nov 13, 2024 · The company said average worldwide realized crude oil prices during the quarter ended on Sept. 30 decreased by 6% from the prior three-month period to $75.33 per barrel, …

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Occidental Petroleum Outperforms Analyst Estimates In Q3

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Occidental Petroleum saw Q3 earnings of $1.00 per share, down 7% compared to $1.08 a year ago. ... The company also produced 1.412 million barrels of oil equivalent per day in Q3, …

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Occidental Petroleum Tops Q3 Estimates | The Motley Fool

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Nov 12, 2024 · Occidental Petroleum (OXY 0.21%), a key player in the energy sector specializing in oil and natural gas operations, released a mixed third-quarter report on Nov. 12. Earnings …

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Occidental Petroleum Beats Q3 Estimates On Higher Production

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Nov 7, 2023 · Occidental Petroleum beats Q3 estimates on higher production. By ... The oil and gas company reported a $1.18 a share profit compared to average Wall Street analyst …

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Occidental Petroleum Anticipates 37% Decline In Q3 Profits Amid …

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Nov 13, 2024 · Occidental Petroleum is bracing for a challenging Q3 with a projected 37% profit decline, yet Warren Buffett's Berkshire Hathaway sees potential, increasing its stake to …

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Occidental Petroleum's Q3 Earnings Beat, Revenues Lag Estimates

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Nov 13, 2024 · Occidental Petroleum Corporation (OXY Quick Quote OXY - Free Report) reported third-quarter 2024 earnings of $1 per share, which surpassed the Zacks Consensus …

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Occidental Petroleum Beat Profit Estimates On Higher Oil Prices

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Nov 4, 2021 · U.S. producer Occidental Petroleum Corp beat market estimates and more than doubled its profit to $836 million in the third quarter, from the previous three months, the …

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Occidental Petroleum Beats Second-quarter Profit Estimates On …

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Aug 7, 2024 · (Reuters) -Occidental Petroleum on Wednesday beat Wall Street estimates for second-quarter profit by 34%, in the first results since it closed the $12 billion acquisition of …

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FAQs about Occidental Petroleum Corp. Q3 Profit Decreases, But Beats Estimates Coupon?

Did Occidental Petroleum beat Wall Street estimates for third-quarter profit?

U.S. oil and gas firm Occidental Petroleum beat Wall Street estimates for third-quarter profit on Tuesday, but overall earnings fell 14% on losses from asset sales and a drop in chemical results. ...

How did Occidental Petroleum (Oxy) perform in third-quarter 2024?

Occidental Petroleum Corporation OXY reported third-quarter 2024 earnings of $1 per share, which surpassed the Zacks Consensus Estimate of 80 cents by 25%. In the year-ago quarter, the company recorded earnings of $1.18 per share. GAAP earnings were 98 cents per share compared with $1.20 in the year-ago quarter. ...

How did Occidental Petroleum perform in Q3?

Occidental Petroleum saw Q3 earnings of $1.00 per share, down 7% compared to $1.08 a year ago, while revenue totaled $7.17 billion, running flat compared to Q3 2023. Prior to Tuesday, analysts predicted Q3 EPS falling 37% to 74 cents per share with sales totaling $7.12 billion. ...

Does Occidental Petroleum outperform analyst estimates in Q3?

The post Occidental Petroleum outperforms analyst estimates in Q3 appeared first on Under30CEO. Occidental Petroleum reported better-than-expected third-quarter earnings late Tuesday. The Permian Basin oil producer announced it has paid off 90% of its short-term debt reduction target as it continues to clean up its balance sheet. ...

How did Occidental oil perform in the third quarter?

Occidental's oil sales brought in an average of $80.70 per barrel in the third quarter, up 10% from the second quarter. This improvement contributed to earnings growth, despite a slight decrease from the third quarter of the previous year ($83.64 per barrel). ...

Why did Occidental Petroleum's Q3 financial report come out?

The Q3 financial report arrives as U.S. oil prices traded around $68 per barrel Tuesday, influenced by concerns over the conflict between Israel and Iran along with weak demand from China. U.S. oil prices since July have ranged between $65 and $78. Occidental Petroleum stock advanced 0.4% on Wednesday after falling 1% to $50.29 on Tuesday. ...