Occidental 3rd-qtr profit rises 15 pct on U.S. output growth

Reuters

Oct 29 (Reuters) - Occidental Petroleum Corp reported a 15 percent rise in quarterly profit on Tuesday as thefourth-largest U.S. oil company increased its oil and gasproduction in its home market.

Oxy's third-quarter net profit was $1.58 billion, or $1.96per share, up from $1.38 billion, or $1.69 per share, a yearearlier. Net sales rose 8 percent to $6.45 billion.

Rates

View Comments (0)