Occidental Announces Fourth Quarter 2022 Results
Occidental (NYSE:OXY) released its fourth quarter 2022 financial results on February 27, 2023.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Occidental (NYSE:OXY) released its fourth quarter 2022 financial results on February 27, 2023. Access to the earnings release can be found on their Investor Relations webpage, as well as on the U.S. Securities and Exchange Commission's site. A conference call to discuss the results is scheduled for February 28, 2023, at 1 p.m. Eastern/12 p.m. Central, accessible via a phone call or webcast. Occidental is a major U.S. oil producer with significant operations in the Permian and DJ basins and is committed to advancing lower-carbon solutions through its subsidiary Oxy Low Carbon Ventures.
Positive
- Occidental is one of the largest oil producers in the U.S., highlighting strong market positioning.
- The company operates in the lucrative Permian and DJ basins, ensuring robust production capabilities.
Negative
- None.
Details
News Market Reaction – OXY
The recorded move for OXY in the trading session of this news was -0.68%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) today announced its fourth quarter 2022 financial results. The earnings release and accompanying 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 to discuss the results on Tuesday, February 28, 2023, 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/10173524/f531c7c588. A recording of the webcast will be posted on the Investor Relations section of the company’s website.
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
| Media | Investors |
| Eric Moses | Neil Backhouse |
| 713-497-2017 | 713-552-8811 |
| eric_moses@oxy.com | investors@oxy.com |
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