Occidental Petroleum Corp.

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Other Pre-Announcement

Occidental Petroleum Corp Reports Quarterly Earnings Per Diluted Share Of $2.52, Adjusted Earnings Per Diluted Share Of $2.44

Published: 11/08/2022 23:44 GMT
Occidental Petroleum Corp. (OXY) - Qtrly Earnings per Diluted Share of $2.52 and Adjusted Earnings per Diluted Share of $2.44.
Total Average Global Production of 1,180 Thousand of Barrels of Oil Equivalent per Day (mboed) for the Third Quarter of 2022.
Increased FY Guidance for All 3 Segments on Strong Q3 Results and Improved Outlook for Oxychem and Midstream and Marketing.
Qtrly Oil and Gas Pre-tax Income on Continuing Operations for Q3 of 2022 Was $3.3 Billion.
Qtrly Average Worldwide Realized Ngl Prices Decreased by About 16 Percent From the Prior Quarter to $35.22 per Barrel.
Qtrly Average Domestic Realized Gas Prices Increased by Approximately 13 Percent From the Prior Quarter to $7.06 per Mcf.
Qtrly Total Revenue $9,390 Million Versus $6,792 Million.
Q3 Earnings per Share View $2.46, Revenue View $9.50 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Oxychem and Midstream and Marketing Segments Exceeded Guidance With Pre-tax Earnings of $580 Million and $104 Million, Respectively.
Qtrly Permian Average Production Came Within Guidance With 523 Mboed.
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