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Occidental Petroleum (OXY.US) Q3 net profit surged 148% year-on-year to $1.637 billion, with $10.4 billion in debt reduced year-to-date

Occidental Petroleum (OXY.US) Q3 net profit surged 148% year-on-year to $1.637 billion, with $10.4 billion in debt reduced year-to-date

智通财经智通财经2026/11/09 22:18
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According to information from Zhitong Finance APP, Occidental Petroleum (OXY.US) released its Q3 2026 financial report on Monday. Benefiting from year-on-year increases in energy prices, the company’s quarterly revenue and net profit both experienced growth compared to the same period last year. However, due to a quarter-on-quarter decline in crude oil sales prices, profits from the oil and gas business dropped compared to the previous quarter. After the earnings release, the stock rose more than 1% in after-hours trading.
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