Occidental Petroleum Announces 1st Quarter 2016 Results

Go back to Occidental Petroleum Announces 1st Quarter 2016 Results

Occidental Petroleum (OXY) Misses Q1 EPS by 16c

May 5, 2016 7:11 AM EDT

Occidental Petroleum (NYSE: OXY) reported core Q1 EPS of ($0.56), $0.16 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.35 billion.

In announcing the results, President and Chief Executive Officer Vicki Hollub said, We continued to focus on our cash flow priorities in the... More