| Occidental reports 4Q loss | |
| | |
|
HOUSTON (AP) _ Occidental Petroleum Corp. (OXY) on Thursday reported a fourth-quarter loss of $3.41 billion, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of $4.41 per share. Earnings, adjusted for one-time gains and costs, came to 72 cents per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.
The oil and gas exploration and production company posted revenue of $4.31 billion in the period.
For the year, the company reported profit of $616 million, or 79 cents per share. Revenue was reported as $19.31 billion.
Occidental shares have decreased 5 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased nearly 3 percent. The stock has declined 13 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OXY at http://www.zacks.com/ap/OXY
_____
Keywords: Occidental Petroleum, Earnings Report
|
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Occidental Petroleum est une société de production minière de pétrole basée aux Etats-Unis D'Amerique. Occidental Petroleum est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 51,8 milliards US$ (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. |