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Stock impact report

Occidental (OXY) Q1 Earnings Surpass, Revenues Lag Estimates [Yahoo! Finance]

Occidental Petroleum Corporation (OXY) 
Last occidental petroleum corporation earnings: 2/27 04:13 pm Check Earnings Report
US:NYSE Investor Relations: oxy.com/investors/pages/default.aspx
Company Research Source: Yahoo! Finance
GAAP earnings was 75 cents compared with $1 in the year-ago quarter. Total Revenues Total revenues came in at $6.01 billion, which lagged the Zacks Consensus Estimate of $6.66 billion by 9.8%. The top line declined 17.2% year over year. Occidental Petroleum Corporation Price, Consensus and EPS Surprise Occidental Petroleum Corporation price-consensus-eps-surprise-chart | Occidental Petroleum Corporation Quote Segmental Details Oil and Gas revenues totaled $4.9 billion in the reported quarter, down 7.7% year over year. Chemical revenues amounted to $1.18 billion, down 15.6% year over year. Midstream & Marketing revenues of $99 million plunged 86.8% year over year. Production & Sales Total production volume was 1,172 thousand barrels of oil equivalent per day (Mboe/d). The metric was within the company's guidance of 1,155-1,195 Mboe/d. Rockies & Other Domestic production volumes exceed guidance, while Permian and International average daily production volumes were w Show less Read more
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