Occidental Petroleum Corporation (OXY) Q4 2022 Earnings Results

Occidental Pete Corp Misses on EPS, Stock Down 0.03%

The earnings report indicates that Occidental Pete Corp fell short of EPS expectations, which may raise concerns among investors. The stock's slight decline of 0.03% suggests that the market reacted neutrally to the results. Management's cautious tone reflects ongoing challenges in the industry, which could impact future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.61	N/A	-12.02%

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed a cautious outlook, acknowledging market pressures while focusing on efficiency improvements.

Management highlighted ongoing challenges in the market.

They emphasized a focus on maintaining operational efficiency.

Occidental Pete Corp Misses on EPS, Stock Down 0.03%

Key numbers

Management commentary

Occidental Petroleum Corporation

More earnings this week

Occidental Pete Corp Misses on EPS, Stock Down 0.03%

Key numbers

Management commentary