$Occidental(OXY)$ Good game keep dropping. Upstream oil and gas is set to remain Occidental’s largest revenue and cash flow driver this quarter. The forecast revenue mix still skews to Oil and Gas at roughly 6.78 billion US dollars, indicating stable activity levels supported by disciplined capital allocation. Year-over-year EPS acceleration suggests improved price realizations versus the weak base period, alongside leaner operating costs and lower decline rates in core U.S. shale positions.
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- GeraldAdela·11-06 15:53That 6.78B mix matters, but leaner opex is doing the heavy lifting here. If decline rates stay low, cash flow should look cleaner than the headline move.LikeReport
- JudithGrant·11-06 15:53Disciplined allocation sounds nice, but how long does that hold if debt keeps eating into flexibility and oil rolls over again?LikeReport