Occidental Petroleum Corporation (OXY) Q3 2021 Earnings Results

Occidental Pete Corp Beats on EPS, Stock Down 0.3%

Occidental Pete Corp reported better-than-expected earnings per share, which indicates some operational strength. However, the stock declined by 0.3%, suggesting that investors may have been looking for more comprehensive revenue details or guidance. The lack of revenue data and future outlook may have contributed to the stock's slight drop.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.65	N/A	+0.15%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed a commitment to operational efficiency and sustainability. They emphasized the importance of navigating market challenges.

We are focused on maintaining strong operational performance.

Our commitment to sustainability remains a priority.

Occidental Pete Corp Beats on EPS, Stock Down 0.3%

Key numbers

Management commentary

Occidental Petroleum Corporation

More earnings this week

Occidental Pete Corp Beats on EPS, Stock Down 0.3%

Key numbers

Management commentary