Occidental Petroleum Reports Q1 Earnings Beat Despite Revenue Miss
Occidental Petroleum (OXY) reported a significant earnings beat in the first quarter despite missing revenue expectations at $5.23 billion. The company met its high-end production guidance of 1.426 million barrels per day, and shares have risen by 40% over the past year.
Tickers: $OXY
Topics: earnings oil and gas production guidance revenue miss