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Occidental Petroleum Corporation stock price
Occidental Petroleum Corporation latest news:
Occidental third-quarter profit beats forecasts on rising oil prices
U.S. oil and natural gas producer Occidental Petroleum Corp (OXY) posted a better-than-expected quarterly profit on Wednesday as rising commodity prices offset Hurricane Harvey's impact on operations. The company posted third-quarter net income of $190 million, or 25 cents per share, compared to a loss of $241 million, or 32 cents per share, in the year-ago period.