financetom
Business
financetom
/
Business
/
Occidental says production target from CrownRock assets delayed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Occidental says production target from CrownRock assets delayed
Aug 8, 2024 12:10 PM

HOUSTON, Aug 8 (Reuters) - Occidental Petroleum ( OXY )

on Thursday said its goal to add 170,000 barrels of oil and gas

per day from its acquisition of oil producer CrownRock will take

longer than expected.

Weather events and other operational downtime led to the

production rate of 156,000 barrels per day in the second

quarter, according to Occidental's president for U.S. onshore

resources Richard Jackson.

The comments were made during a call with analysts to

discuss the company's second quarter results.

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 >
Indigenous groups in Brazil: We were not consulted on carbon credits
Indigenous groups in Brazil: We were not consulted on carbon credits
Oct 17, 2024
(This Oct. 9 story has been corrected to say 'Walmart Foundation' instead of 'Walmart Inc' in paragraph 7) By Anthony Boadle BRASILIA (Reuters) - Indigenous organizations in the Brazilian state of Para said they were not consulted by the government before it signed a deal with multinational companies to sell carbon offset credits to support conservation of the Amazon rainforest...
Indigenous groups in Brazil: We were not consulted on carbon credits
Indigenous groups in Brazil: We were not consulted on carbon credits
Oct 17, 2024
BRASILIA, Oct 9 (Reuters) - Indigenous organizations in the Brazilian state of Para said they were not consulted by the government before it signed a deal with multinational companies to sell carbon offset credits to support conservation of the Amazon ( AMZN ) rainforest in the state. Amazon.com Inc ( AMZN ) and other firms agreed last month to buy...
Chipotle Mexican Grill to Deliver Growth Through Traffic, Margin Gains Despite Macro Challenges, UBS Says
Chipotle Mexican Grill to Deliver Growth Through Traffic, Margin Gains Despite Macro Challenges, UBS Says
Oct 17, 2024
02:58 PM EDT, 10/14/2024 (MT Newswires) -- Chipotle Mexican Grill ( CMG ) will likely see continued strong sales and earnings growth driven by traffic growth and margin improvements in 2024 and 2025, despite a challenging macroeconomic environment, UBS Securities said in a note on Monday. The firm said it expects Q3 comparable store sales growth to be around 6%,...
Upstart Holdings Soars 17% After Analyst Update : What You Need To Know
Upstart Holdings Soars 17% After Analyst Update : What You Need To Know
Oct 17, 2024
Upstart Holdings, Inc. ( UPST ) shares are trading higher Monday following an upgrade by Wedbush analyst David Chiaverini. The firm raised its rating from Underperform to Neutral, while significantly increasing its price target from $10 to $45. What To Know: Chiaverini highlighted that Upstart’s ability to diversify its funding base through long-term capital providers, along with stronger credit buyer...
Copyright 2023-2026 - www.financetom.com All Rights Reserved