financetom
Business
financetom
/
Business
/
Occidental Petroleum beats third-quarter profit estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Occidental Petroleum beats third-quarter profit estimates
Nov 12, 2024 6:39 PM

Nov 12 (Reuters) - Oil and gas firm Occidental Petroleum ( OXY )

beat Wall Street estimates for third-quarter profit on

Tuesday, as higher production from the $12-billion CrownRock

acquisition offset lower prices.

The company reported an adjusted profit of $1 per share for

the quarter ended Sept. 30, compared with analysts' average

estimate of 74 cents, according to data compiled by LSEG.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US FAA to announce temporary flight cuts at Newark after airline meetings
US FAA to announce temporary flight cuts at Newark after airline meetings
May 26, 2025
WASHINGTON (Reuters) -The Federal Aviation Administration said Friday it plans to announce proposed temporary cuts to flights at Newark after meetings with major U.S. airlines to address congestion impacts. The FAA held three days of one-on-one meetings with the airlines to find a balance between reducing their operations at the airport and meeting the needs of each individual airline. The...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Lufthansa management should be tougher with unions, says top investor Kuehne
Lufthansa management should be tougher with unions, says top investor Kuehne
May 26, 2025
BERLIN (Reuters) -Lufthansa's management should be more vigorous in fending off resistance from labour representatives, top investor Klaus-Michael Kuehne was quoted as saying on Saturday, pointing to the airline group's share price. Lufthansa is counting on lucrative transatlantic routes as it strives to revive its namesake core airline, bogged down by wage talks and high pay, and find new sources...
Appeals judges prod Trump admin, union over CFPB wind-down
Appeals judges prod Trump admin, union over CFPB wind-down
May 26, 2025
(Reuters) -Federal appeals court judges in Washington wrestled Friday with the extent to which they could instruct the Trump administration to operate the government's consumer finance watchdog agency, which the White House this year has sought to decimate if not shut down entirely. The three-judge panel is considering a government appeal to reverse a March lower-court ruling that temporarily blocked...
Copyright 2023-2026 - www.financetom.com All Rights Reserved