Occidental Earnings, Revenue beat In Q3

  • Investing.com
Occidental Earnings, Revenue beat In Q3
Credit: © Reuters.

Investing.com - Occidental (NYSE: OXY ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Occidental announced earnings per share of $0.87 on revenue of $6.82B. Analysts polled by Investing.com anticipated EPS of $0.6552 on revenue of $6.45B.

Occidental shares are up 94.92% from the beginning of the year and are trading at $34.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.6% from the start of the year.

Occidental shares gained 0.77% in after-hours trade the report.

Occidental follows other major Energy sector earnings this month

Occidental's report follows an earnings beat by Exxon Mobil on Friday, October 29, 2021, who reported EPS of $1.58 on revenue of $73.79B, compared to forecasts EPS of $1.56 on revenue of $71.13B.

Chevron had beat expectations on Friday, October 29, 2021 with third quarter EPS of $2.96 on revenue of $44.71B, compared to forecast for EPS of $2.2 on revenue of $39.97B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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