Occidental reports second quarter profit of nearly $3.6 billion

Stronger oil and gas prices help effort to repair balance sheet and improve shareholder returns

Strong results: Occidental Petroleum, headed by chief executive Vicki Hollub, reported net income for the second quarter — Strong results: Occidental Petroleum, headed by chief executive Vicki Hollub, reported net income for the second quarterPhoto: RACHEL CZECHOWSKYJ/UPSTREAM

Mark Passwaters

Houston

Occidental Petroleum Permian Basin US Gulf of Mexico Americas North America

Published 2 August 2022, 22:04Updated 3 August 2022, 10:54