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Occidental Announces Second Quarter 2020 Results

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Occidental (NYSE: OXY) reported its second quarter 2020 financial results on August 10, 2020. The detailed earnings can be accessed through the company's Investor Relations section on its website. An upcoming conference call is scheduled for August 11, 2020, at 11 a.m. Eastern, allowing analysts and investors to discuss the results. Occidental is a major energy industry player, noted for being the largest onshore oil producer in the U.S. and having significant operations in diverse regions including the Middle East and Latin America.

Positive
  • Strong position as the largest onshore oil producer in the U.S.
  • Diverse operational presence in the Middle East, Africa, and Latin America.
Negative
  • Impact of COVID-19 on overall financial performance remains a concern.

HOUSTON, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2020 financial results. The announcement and financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov.

The company will hold a conference call on Tuesday, August 11, 2020, at 11 a.m. Eastern/10 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. A recording of the webcast will be posted on the Investor Relations section of the website after the call is completed.

About Occidental

Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are the largest onshore oil producer in the U.S., including in the Permian Basin, and a leading offshore producer in the Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon dioxide management to advance a lower-carbon world. Visit oxy.com for more information.

Contacts

Media
Melissa E. Schoeb
Vice President, Corporate Affairs
713-366-5615
melissa_schoeb@oxy.com
Investors
Jeff Alvarez
Vice President, Investor Relations
713-215-7864
jeff_alvarez@oxy.com

FAQ

What are the financial results for Occidental in Q2 2020?

Occidental announced its Q2 2020 financial results on August 10, 2020, available on its Investor Relations website.

When is the Occidental conference call scheduled?

The conference call is set for August 11, 2020, at 11 a.m. Eastern Time.

What is Occidental's status in the oil production industry?

Occidental is recognized as the largest onshore oil producer in the U.S.

Where does Occidental operate?

Occidental operates in the United States, the Middle East, Africa, and Latin America.

What subsidiaries does Occidental have?

Occidental has a chemical subsidiary, OxyChem, and Oxy Low Carbon Ventures focused on reducing emissions.

Occidental Petroleum Corporation

NYSE:OXY

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Oil & Gas E&P
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