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Occidental Petroleum posts higher second-quarter profit

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Occidental Petroleum posts higher second-quarter profit

Aug 7, 2024 1:55 PM

Aug 7 (Reuters) - Occidental Petroleum ( OXY ) reported

a rise in second-quarter profit on Wednesday, as the oil and gas

firm benefited from higher oil production and crude prices.

The company posted profit of $992 million, or $1.03 per

share, for the quarter ended June 30, compared with $605

million, or 63 cents per share, a year earlier.

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