Energy company Occidental Petroleum Corporation (NYSE: OXY) has reported a decrease in revenues and adjusted earnings for the third quarter of 2024.
- Total revenue and other income came in at $7.15 billion in the third quarter, compared to $7.40 billion in the prior year quarter
- Net income attributable to the company was $964 million in Q3, compared to $1.16 billion in the same period of 2023
- On a per-share basis, earnings declined to $0.98 in the third quarter from $1.20 a year earlier
- On an adjusted basis, third-quarter earnings decreased to $1.00 per share from $1.18 per share a year earlier
- Operating cash flow rose to $3.8 billion during the three months, reflecting strong operational performance
- Total company production of 1,412 Mboed was up 16% year-over-year, which exceeded the mid-point of the management’s guidance by 22 Mboed
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: How DICK’S Sporting Goods (DKS) performed in Q3 2024
DICK'S Sporting Goods, Inc. (NYSE: DKS) reported its third quarter 2024 earnings results today. Net sales remained relatively unchanged at $3 billion compared to the same period a year ago. Comparable
Infographic: Kohl’s Corporation (KSS) reports lower Q3 sales and profit
Kohl’s Corporation (NYSE: KSS) Tuesday announced financial results for the third quarter of 2024, reporting a year-over-year decline in sales and net income. The company also provided guidance for fiscal
Key metrics from Best Buy Co.’s (BBY) Q3 2025 earnings results
Best Buy Co., Inc. (NYSE: BBY) reported its third quarter 2025 earnings results today. Enterprise revenues decreased to $9.4 billion from $9.7 billion reported in the same period a year