Occidental Petroleum's Wheeling and Dealing Is Helping Fuel Strong Results
Occidental Petroleum used its gushing free cash flow to strengthen its balance sheet and repaid a total of $4 billion in debt during the period. That included $1.1 billion of debt maturities, all of CrownRock's $1.2 billion of debt that it assumed, and $1.7 billion of the term loans it took out to help finance the CrownRock deal.
Occidental Petroleum: Strong Q3 Doesn't Change The Underlying Story
Occidental Petroleum raises guidance but remains limited by debt and high costs. See why OXY stock is still rated Underweight despite solid results.
Q3 2024 Occidental Petroleum Corp Earnings Call
Good afternoon, and welcome to Occidental's third-quarter 2024 earnings conference call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Jordan Tanner, Vice President of Investor Relations. Please go ahead.
Occidental Petroleum Reports Strong Q3 2024 Financial Results
Occidental Petroleum Corp. ( (OXY) ) has released its Q3 earnings. Here is a breakdown of the information Occidental Petroleum Corp. presented
Occidental Petroleum (OXY) Q3 2024 Earnings Call Transcript
Operator Good afternoon and welcome to Occidental's third quarter 2024 earnings conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions.
Occidental Petroleum's Q3 Earnings Beat, Revenues Lag Estimates
OXY's third-quarter earnings are better than expected. The gains from strong sales volume are partially offset by lower realized commodity prices.
Occidental Petroleum’s Q3 Earnings Beat Overshadowed by Q4 Uncertainty: Hold Rating Issued
J.P. Morgan analyst Arun Jayaram has maintained their neutral stance on OXY stock, giving a Hold rating yesterday. Arun Jayaram’s rating
Occidental Petroleum Tops Q3 Estimates
The energy giant surpassed third-quarter expectations despite some challenges in commodity pricing and asset integration.
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Warren Buffett's Favorite Energy Stock Delivers Earnings Beat; Cuts Debt
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Occidental executives outline conservative spending plans
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Occidental Petroleum beats third-quarter profit estimates on higher production
Oil and gas firm Occidental Petroleum beat Wall Street estimates for third-quarter profit on Tuesday, as higher production ...
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Occidental Petroleum earnings top estimates despite fall in oil and gas profit
The proceeds from the sales were used to help bring down Occidental's debt pile that has been fueled in part by a $12 billion ...
Occidental Petroleum price target lowered to $65 from $77 at Susquehanna
Susquehanna lowered the firm’s price target on Occidental Petroleum (OXY) to $65 from $77 and keeps a Positive rating on the shares. The ...
Occidental Petroleum: Forget The Next Quarter
Occidental Petroleum's strong secondary recovery business and low carbon venture are bolstering its profits and future ...
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Oxy beats quarterly estimates as production surges following CrownRock acquisition
Upstream depends on being able to display ads on our services in order to finance our journalism.
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This Little-Known Private-Equity Firm Booked a 79-Fold Return
The private-equity firm recently sold the shares it received as part of the August sale of its majority stake in oil-and-gas producer CrownRock, notching what is perhaps one of the buyout industry ...
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
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Wall Street Breakfast Podcast: Southwest Airlines Grounds Workforce To Match Capacity
Occidental Petroleum's reports Q3 earnings today. Investors will look for information on debt reduction plans ...