Previous Close | 0.0200 |
Open | 0.0200 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 58.00 |
Expire Date | 2024-05-10 |
Day's Range | 0.0200 - 0.0300 |
Contract Range | N/A |
Volume | |
Open Interest | 106 |
Occidental Petroleum Chief Executive Vicki Hollub on Wednesday said the company hopes to close the acquisition of shale oil producer CrownRock before the second-quarter earnings call, which typically happens in early August. "By that time, I believe, we will have closed," Hollub told analysts, when asked in an earnings call when the company expects to incorporate CrownRock into its oil production guidance. for information on the acquisition by U.S. regulators and does not anticipate impediments for closing, Hollub said.
Occidental's (OXY) first-quarter earnings are better than expected. Total production volumes are within guidance.
Warren Buffett-backed Occidental Petroleum reported mixed first-quarter earnings and revenue late Tuesday, as EPS caved more than 40%s. OXY shares edged down early Wednesday. Occidental Petroleum saw Q1 earnings fall 42% to 63 cents per share while revenue declined 17% to $5.