Occidental Petroleum 3Q Profit, Revenue Top Expectations

By MarketWatch | Nov 12, 2024 at 04:54 PM EST

Occidental Petroleum exceeded Wall Street estimates in Q3 due to increased global oil production offsetting lower prices. Net income was $964 million, adjusted earnings were $1.00/share, and sales were $7.17 billion. Oil-and-gas segment profit was $1.

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