Occidental Petroleum Q1 Earnings Surpass Estimates, Revenues Rise Y/Y

Occidental Petroleum Corporation (OXY) reported first-quarter 2025 earnings of 87 cents per share, which surpassed the Zacks Consensus Estimate of 73 cents by 19.2%. The bottom line improved 38.1% year over year. (See the Zacks Earnings Calendar to stay ahead of market-making news.)This improvement was due to higher domestic realized commodity prices, partially offset by lower sales volumes.GAAP earnings in the reported quarter were 77 cents per share compared with 75 cents in the year-ago quarter.Total Rev ...