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NYSE:OXY   00:00AM GMT
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Occidental Reports Q2 EPS Of $3.47

Published: 08/02/2022 20:47 GMT
Occidental Petroleum Corp. (OXY) - Occidental Announces 2nd Quarter 2022 Results.
Qtrly Earnings per Diluted Share of $3.47 and Adjusted Earnings per Diluted Share of $3.16.
Qtrly Total Average Global Production of 1,147 Thousand of Barrels of Oil Equivalent per Day (mboed).
Qtrly Permian, Rockies and International Average Production of 493 Mboed, 279 Mboed and 228 Mboed, Respectively.
Qtrly Oil and Gas Pre-tax Income on Continuing Operations Was $4.1 Billion Versus Pre-tax Income of $2.9 Billion for Q1 2022.
Qtrly Average Worldwide Realized Crude Oil Prices Increased by Approximately 17% From Prior Quarter to $107.72 per Barrel.
Qtrly Chemical Pre-tax Income of $800 Million.
Qtrly Total Revenues and Other Income $10,735 Million Versus $6,010 Million Reported Last Year.
Sees Q3 Permian Production: 523 - 533 Mboed.
Sees Q3 Total Company Production at 1,140 - 1,170 Mboed.
Sees FY 2022 Permian Production: 516 - 526 Mboed.
Sees 2022 Total Company Production at 1,140 - 1,170 Mboed.
Q2 Earnings per Share View $3.02, Revenue View $10.26 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $10.64, Revenue View $37.49 Billion -- Refinitiv Ibes Data (analyst estimates).
Q3 Earnings per Share View $2.75, Revenue View $10.19 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees 2022 Domestic Operating Costs for Oil & Gas Production to Be Approximately at $8.50 / Boe.
Sees 2022 Domestic Operating Costs for Transportation to Be Approximately at $3.80 / Boe.