Reports Q3 revenue $7.15B, consensus $7.23B. “Strong operational performance across all segments has resulted in our highest quarterly operating cash flow this year,” said CEO Vicki Hollub. “The integration of CrownRock is off to a great start in terms of personnel and operations, and we have made significant progress in our deleveraging efforts, achieving nearly 90% of our short-term debt reduction target.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXY:
- Occidental Petroleum call volume above normal and directionally bullish
- Options Volatility and Implied Earnings Moves Today, November 12, 2024
- Options Volatility and Implied Earnings Moves This Week, November 11 – November 15, 2024
- Occidental Petroleum Corp. (OXY) Q3 Earnings Cheat Sheet
- Occidental Petroleum reinstated with a Neutral at JPMorgan
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue