Monday, February 3, 2025

Oxy Reports Record New Mexico Permian Wells

4,500 BOEPD 30-day IP Oxy (ticker: OXY) released third quarter results today, showing net income of $190 million, or $0.25 per diluted share. This income was achieved despite the effects of Hurricane Harvey, which hit Oxy particularly hard. The company has extensive chemical operations in the Gulf, and Harvey reduced incomes from this business segment by $70 million. In addition,