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OXY(OXY) - 2024 Q3 - Quarterly Results
OXYOXY(OXY)2024-11-12 21:13

Share Information - Average diluted shares outstanding for Q3 2024 were 975.7 million shares[2] Oil Prices - Average realized oil prices in the United States were 74.81perbarrel,internationally74.81 per barrel, internationally 78.54 per barrel, and worldwide 75.33perbarrel[3]Worldwideoilrealizedpriceswere10075.33 per barrel[3] - Worldwide oil realized prices were 100% of average WTI and 96% of average Brent prices[3] NGL Prices - Average realized NGL prices in the United States were 19.50 per barrel, internationally 28.48perbarrel,andworldwide28.48 per barrel, and worldwide 20.47 per barrel[3] - Worldwide NGL realized prices were 27% of average WTI prices[3] Natural Gas Prices - Average realized natural gas prices in the United States were 0.40perMcf,internationally0.40 per Mcf, internationally 1.90 per Mcf, and worldwide $0.76 per Mcf[3] - Domestic natural gas realized prices were 17% of average NYMEX prices[3] Acquisitions and Integration - The company completed the acquisition of CrownRock, L.P., with associated integration and financial projection risks[5] Risks and Uncertainties - Occidental faces uncertainties in oil, NGL, and natural gas reserve estimates and production levels[5] - The company is exposed to risks from global economic conditions, commodity price volatility, and regulatory changes[5]