Occidental Petroleum Corp on Wednesday reported an 83% slump in second-quarter profit, hit by lower oil and gas prices. The company said average realized…
Occidental Petroleum Corp on
Wednesday reported an 83% decline in second-quarter profit on
lower crude prices and weaker production. Occidental, one of the largest oil and gas producers.
Occidental Petroleum Corp on
Wednesday reported an 83% slump in second-quarter profit, hit by
lower oil and gas prices. The company said average realized price for oil fell to
$73.59 per.
By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a 48% decline in first-quarter earnings that fell well short of analyst estimates as global economic
Occidental Petroleum Corp
on Wednesday said it will distribute any excess cash
from high oil prices to shareholders instead of funding direct
air capture plants. The U.S. oil producer. | May 10, 2023