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Shale producer Occidental Petroleum beats quarterly profit estimates

ReutersNov 10, 2025 9:15 PM

- Occidental Petroleum OXY.N beat Wall Street expectations for third quarter profit on Monday, as the U.S. shale producer benefited from higher production.

The Houston, Texas-based company posted an adjusted profit of 64 cents per share, for the three months ended September 30, compared with expectations of 52 cents per share, according to data compiled by LSEG.

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