Shale producer Occidental Petroleum beats quarterly profit estimates
ReutersFeb 18, 2026 9:17 PM
Feb 18 (Reuters) - U.S. shale producer Occidental Petroleum OXY.N beat Wall Street expectations for fourth-quarter profit on Wednesday, as higher production helped offset weaker crude oil prices.
The Houston, Texas-based company posted an adjusted profit of 31 cents per share, for the three months ended December 31, compared with expectations of 18 cents, according to data compiled by LSEG.
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