Summary

Occidental Petroleum Misses

Occidental Petroleum (OXY) reported 2nd Quarter June 2019 earnings of $0.97 per share on revenue of $4.5 billion. The consensus earnings estimate was $0.91 per share on revenue of $4.4 billion. The Earnings Whisper number was $1.10 per share. Revenue grew 9.6% on a year-over-year basis.

Occidental Petroleum Corp is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing & other segments.

Earnings Release

Occidental Announces 2nd Quarter 2019 Results

HOUSTON, July 31, 2019 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced its second quarter 2019 results. The announcement and financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the Securities and Exchange Commission's website at sec.gov.

The company will hold a conference call on Thursday, August 1, 2019, at 12 p.m. Eastern/11 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors.

A recording of the webcast will be posted on the Investor Relations section of the website within several hours after the call is completed.

About Occidental

Occidental is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. Occidental’s midstream and marketing segment purchases, markets, gathers, processes, transports and stores hydrocarbons and other commodities. The company’s wholly owned subsidiary OxyChem manufactures and markets basic chemicals and vinyls. Occidental posts or provides links to important information on its website at oxy.com.

Contacts:
Media:
Melissa E. Schoeb
713-366-5615
melissa_schoeb@oxy.com

Investors:
Jeff Alvarez
713-215-7864
jeff_alvarez@oxy.com

On the web: oxy.com

Source: Occidenta