Occidental Petroleum's $1.03 non-GAAP EPS is over $0.26
Occidental Petroleum Press Release (NYSE: OXY): Non-GAAP EPS for the second quarter was $1.03, above $0.26.
Due to capital investment of 1.8 billion dollars and contributions of 42 million dollars from non-controlling interests, the free cash flow for the first quarter before deducting working capital was 1.3 billion dollars.
The total production volume of 1,258 million boards exceeded the median guidance value of 6 million boards.
Although sales of 15 million boards are expected in the fourth quarter, full-year guidance excluding Crown Lock will be maintained.
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