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Nov 11, 2025 4:00 PM

Why Is Occidental Petroleum Stock Gaining Tuesday?

Occidental Petroleum Corp. (NYSE:OXY) shares rose Tuesday after the company reported a fiscal third-quarter 2025 earnings beat post-market Monday.

Earnings Snapshot

The company reported adjusted EPS of 64 cents, surpassing the street view of 52 cents, and sales of $6.72 billion slightly came above the consensus of $6.68 billion.

Total average global production in the quarter surpassed the upper end of guidance, reaching 1,465 thousand barrels of oil equivalent per day (Mboed).

Also Read: Occidental Petroleum Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Average production in the Permian basin stood at 800 ...