| Occidental Petroleum Beats on Q3 Earnings, Lags Revenues | |
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Zacks Rank: Currently, Occidental Petroleum has a Zacks Rank#3 (Hold) but that could change following its third quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings: Occidental Petroleum outpaced earnings this quarter. Our consensus called for third-quarter loss of 2 cents, and the company reported earnings of 3 cents. Revenue: Occidental Petroleum lagged the revenue estimates in the third quarter. The company posted revenues of $3,246 million in the third quarter, compared to our consensus estimate of $3,441 million. Key Stats: Average daily oil and gas production volumes in the third quarter were 689 thousand barrels of oil equivalents (MBoe), up 15.8% from the prior-year level. The company registered a approximate 13.6% year-over-year improvement in average daily sales volumes to 670 thousand boe. Stock Price: It would be interesting to see how the market reacts to the earnings results during the trading session today. Check back later for our full write up on this OXY earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OCCIDENTAL PET (OXY): Free Stock Analysis Report To read this article on Zacks.com click here.
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Occidental Petroleum est une société de production minière de pétrole basée aux Etats-Unis D'Amerique. Occidental Petroleum est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 51,8 milliards US$ (48,4 milliards €). La valeur de son action a atteint son plus haut niveau récent le 16 mars 2012 à 99,99 US$, et son plus bas niveau récent le 16 octobre 2020 à 10,00 US$. Occidental Petroleum possède 764 580 032 actions en circulation. |