Occidental Petroleum Announces 3rd Quarter 2015 Results

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Go back to Occidental Petroleum Announces 3rd Quarter 2015 Results

Occidental Petroleum (OXY) Tops Q3 EPS by 4c

October 28, 2015 7:03 AM EDT

Occidental Petroleum (NYSE: OXY) reported Q3 EPS of $0.03, $0.04 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $3.25 million versus the consensus estimate of $3.2 billion.

n announcing the results, Stephen I. Chazen, President and Chief Executive Officer, said, Our third quarter daily production increased to 689,000 BOE from last years 595,000 BOE, an increase of 16 percent. Permian Resources and... More