Occidental Petroleum (NYSE:OXY) will announce its Q3 financial results on November 8. Like other energy companies, higher year-over-year oil prices will drive earnings growth in Q3. However, on a sequential basis, OXY’s earnings will decline as oil prices have moderated in the recent past on account of economic uncertainty. Nevertheless, momentum in the OxyChem segment will cushion its bottom line. In Q2, average worldwide realized crude oil prices jumped 17% from the prior quarter. Moreover, the prices of natural gas liquids (NGL) grew by about 6%. Higher prices drove OXY’s pre-tax income in the Oil and Gas segment.
https://www.tipranks.com/news/article/occidental-petroleum-nyseoxy-q3-preview-heres-what-to-expect?utm_source=advfn.com&utm_medium=referral
Occidental Petroleum (NYSE:OXY)
Gráfico Histórico do Ativo
De Jan 2023 até Fev 2023 Click aqui para mais gráficos Occidental Petroleum.
Occidental Petroleum (NYSE:OXY)
Gráfico Histórico do Ativo
De Fev 2022 até Fev 2023 Click aqui para mais gráficos Occidental Petroleum.