Saturday, July 18, 2026

Oxy: We’re Not Trying to Outpace the Majors, We’re Trying to Outperform Them

Eighth quarterly profit in a row By Richard Rostad, analyst, Oil & Gas 360 Occidental Petroleum (ticker: OXY) reported Q4 results and reserves today, showing $706 million in net income, or $0.93 per share. Oxy earned a total of $4.1 billion in 2018, significantly improved from the $1.3 billion the company earned in 2017. This quarter marks the eighth consecutive