Reports Q1 revenue $7.258B, consensus $6.7B. Reports Q1 capital spending of $1.8B and contributions from noncontrolling interest of $57M, resulting in quarterly free cash flow before working capital of $720M. “Operational excellence is fundamental to everything we do at Occidental, and our teams delivered at a high level across all segments during the first quarter of 2024,” said CEO Vicki Hollub. “We are executing in all areas of our diversified portfolio and positioned for free cash flow growth.”
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