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Occidental Announces 2nd Quarter 2022 Results

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Rhea-AI Summary

Occidental (NYSE: OXY) announced its second quarter 2022 financial results on August 2, 2022. The earnings release is available on Occidental's website and the U.S. SEC site. A conference call for further insights will be held on August 3, 2022, at 1 p.m. Eastern Time. Shareholders can join via phone or webcast, with pre-registration options available. Occidental is a major energy company involved in oil production, midstream marketing, and chemicals, including efforts to advance carbon management and reduce emissions.

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Positive

  • Leader in U.S. oil production, enhancing market position.
  • Strong focus on reducing emissions through Oxy Low Carbon Ventures.

Negative

  • None.

News Market Reaction – OXY

-6.26%
-6.26% Session move

In the trading session that priced this news, OXY declined 6.26%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2022 financial 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 U.S. Securities and Exchange Commission’s website at sec.gov.

The company will hold a conference call on Wednesday, August 3, 2022, at 1 p.m. Eastern/12 p.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. Participants may pre-register for the conference call at https://dpregister.com/sreg/10167695/f304038e53. A recording of the webcast will be posted on the Investor Relations section of the website after the call is completed.

About Occidental

Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary (OLCV) is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

Contacts

MediaInvestors
Eric MosesJeff Alvarez
713-497-2017713-215-7864
eric_moses@oxy.comjeff_alvarez@oxy.com


FAQ

What were Occidental's second quarter 2022 financial results?

Occidental announced its Q2 2022 financial results on August 2, available on their website and SEC.

When is Occidental's conference call regarding their financial results?

The conference call is scheduled for August 3, 2022, at 1 p.m. Eastern Time.

How can I access the conference call for Occidental's earnings release?

You can access the conference call by calling 1-866-871-6512 or via webcast at oxy.com/investors.

What is Occidental's focus in carbon management?

Occidental's Oxy Low Carbon Ventures aims to develop technologies to economically reduce emissions.