The Zhitong Finance App learned that Occidental Petroleum (OXY.US) announced financial results for the third quarter of 2026 on Monday. Benefiting from the rise in energy prices compared to the same period last year, the company achieved year-on-year growth in both quarterly revenue and net profit. However, due to the month-on-month decline in crude oil sales prices, oil and gas business profits declined somewhat compared to the previous quarter. After the earnings report was released, the stock rose more than 1% after the market.

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