Occidental Petroleum (OXY) is preparing for its Q3 earnings report, expected to show a 52% decline in earnings year-over-year. Recent developments, including a 10% drop in stock value and mixed analyst opinions, are reshaping the company's investment outlook.
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I though good news would last more than 24 hours... The good ship Oxy has more holes than I thought. I wonder if there are enough lifeboats?
I was investing in NVIDIA and making 300% ROR. ;-)
Awesome day Oxy minions. Stock closing flat after your exceptional quarterly results... I wonder what's for sale next?
Averaging $45 a share over the last 12 months. Crushing it I guess in Oxy speak. Can only think about the days in 2019 when the stock was $72 and we all cashed out out shares. Good times.
Those wu-sies only comment before earnings. To their dismay it turns out to be all false. Now they will play the flute of a disaster that happened before any of the current employees were even born.
OP - Where do you come up with your numbers. Below is from an article posted about the results. From what I see it was a 6% decrease and not a 52% decrease. If you are getting this info from a financial person you need to look at another source.
Occidental Petroleum (OXY) reported its third-quarter earnings, revealing a Non-GAAP EPS of $0.64, surpassing estimates by $0.15. However, the company's revenue came in at $6.72 billion, which is a 6.0% decrease year-over-year and fell short of expectations by $20 million. Despite the revenue miss, the earnings per share beat offers a positive note for investors amid a challenging oil market environment.
These are the moments that make life worth living. I can honestly say you people truly earned everything you are going through. I'll toast the new year with more to come for Oxy and their cringe culture of bigotry and ineptitude.
Leadership with unchecked power led us to this point. LCV should be spun off.
Sir, you bite your tongue. We are the operator of choice!