Occidental Petroleum Corporation (OXY) Q2 2018 Earnings Results

Occidental Pete Corp Misses on EPS — Stock Down 0.9%

The earnings report indicates that Occidental Pete Corp fell short of EPS expectations, which contributed to a slight decline in stock price by 0.9%. Investors may be concerned about the company's ability to meet future earnings targets, especially in a fluctuating market. The lack of guidance adds uncertainty to the outlook for the coming quarters.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.10	N/A	-12.25%

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed a cautious optimism about future operations despite missing EPS expectations. They emphasized their commitment to efficiency and cost management.

Management highlighted ongoing operational improvements.

They noted challenges in the market but remain focused on long-term strategies.

Occidental Pete Corp Misses on EPS — Stock Down 0.9%

Key numbers

Management commentary

Occidental Petroleum Corporation

More earnings this week

Occidental Pete Corp Misses on EPS — Stock Down 0.9%

Key numbers

Management commentary