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Occidental Petroleum reports Q2 adjusted EPS 68c, consensus 70c
The Fly

Occidental Petroleum reports Q2 adjusted EPS 68c, consensus 70c

Reports Q2 revenue $6.73B, consensus $6.8B. Production of 1,218 Mboed exceeded the mid-point of guidance by 42 Mboed. “Strong operational performance across our businesses in the second quarter drove continued financial success and enabled us to deliver additional substantive progress on our shareholder return framework,” said President and Chief Executive Officer Vicki Hollub. “Our team’s technical achievements have positioned us for a strong second half of 2023, giving us confidence to raise full- year oil and gas production guidance.

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