Occidental Petroleum Corporation reported in III. Quarter net earnings per share of $2.52 an increase by 287.69 % year on year from $0.65 and decline of -27.38 % from $3.47 earned in II. Quarter (Jun 30 2022).
III. Quarter
Earnings Per Share
Revenues
$ 2.52
$
9,390 Mill
$+1.87+287.69 %
$+2,598M+38.25 %
Occidental Petroleum's Revenue
rose by
38.25 % in III. Quarter (Sep 30 2022) year on year,
to $9,390 million and
declined by
-12.05 % sequentially.
Occidental Petroleum is Expected to report next financial results on February 23, 2023.
Occidental Petroleum's
net income of $2,946.000 million in III. Quarter increased by 255.8 % from net earnings of $828.000 million achieved in III. Quarter a year ago.
Sequentially
net earnings fell by -25.51 % from net income of $3,955.000 million realized in previous quarter.
Occidental Petroleum Income
Growth by Division
• Oil & Gas 8.16% Y/Y, • Chemical 65% Y/Y
Inventories grew by 9.25 % to $1,937 million from III. Quarter a year ago, sequentially inventories rose by 23.85 %.
In III. Quarter company's net cash and cash equivalents decreased by $-122 million, capital expenditures fell by 74.85%, to $-1,147 millions compare to same quarter a year ago and fell by 18.00% from II. Quarter (Jun 30 2022).
Occidental Petroleum Corporation
payed out dividend of $203.14 per share in last 52 weeks representing 1,856.86 % of net earning per share in trailing twelve-month period.
During the same period Occidental Petroleum Corporation
earned $ 14.62 cash per share, on a free-cash flow basis
133.6 % of net earning per share.
