Previous Close | 5.90 |
Open | 6.10 |
Bid | 6.35 |
Ask | 6.50 |
Strike | 65.00 |
Expire Date | 2025-06-20 |
Day's Range | 6.10 - 6.15 |
Contract Range | N/A |
Volume | |
Open Interest | 908 |
Occidental Petroleum (OXY) reported mixed first quarter results on Tuesday after the market close. Adjusted earnings per share of $0.63 topped estimates of $0.58. Revenue, however, fell short of Street expectations, $5.98 billion versus the $6.62 billion estimate. Yahoo Finance's Ines Ferré breaks down the energy giant's results. This post was written by Stephanie Mikulich.
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.