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Occidental Petroleum posts higher quarterly profit

08/03/2022

Less than a minute

2022.08.03 00:18

Occidental Petroleum posts higher quarterly profit
FILE PHOTO: The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni

(Reuters) – Occidental Petroleum Corp (NYSE:OXY) posted a sequential rise in second-quarter profit, as the U.S. shale producer benefited from higher crude prices.

The company’s net earnings attributable to common stockholders were $3.6 billion, or $3.47 per share, in the second quarter, compared with $4.7 billion, or $4.65 per share, in the first quarter.

08/03/2022

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