Occidental Petroleum OXY reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Occidental Petroleum beat estimated earnings by 4.23%, reporting an EPS of $0.74 versus an estimate of $0.71.
Revenue was down $797.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.32 which was followed by a 1.58% increase in the share price the next day.
Here's a look at Occidental Petroleum's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.86 | 0.72 | 1.24 | 1.80 |
EPS Actual | 1.18 | 0.68 | 1.09 | 1.61 |
Revenue Estimate | 7.08B | 6.69B | 7.37B | 8.66B |
Revenue Actual | 7.40B | 6.73B | 7.26B | 8.33B |
To track all earnings releases for Occidental Petroleum visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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