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Occidental reports Q3 adjusted EPS 64c, consensus 49c

Reports Q3 revenue $6.717B, consensus $6.74B. “Occidental’s (OXY) third quarter results are a testament to the exceptional operational execution of our teams and the strength of our upstream portfolio. We achieved notable outperformance across our oil and gas assets as well as within our midstream and marketing operations,” said President and Chief Executive Officer Vicki Hollub. “The sale of OxyChem is an important milestone in the strategic transformation of our company and will enable us to further strengthen our balance sheet, accelerate shareholder returns and unlock high-return opportunities across our core oil and gas business.”

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