Breaking News
Feb 27, 2023
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Occidental Petroleum said revenue in the fourth quarter increased to $8.2 billion from $4.2 billion and net income rose to $1.7 billion from $1.3 billion and diluted earnings per share rose to $1.74 from $1.37 a year ago.
In full-year 2022, revenue increased to $37 billion from $16.2 billion and net income surged to $12.5 billion from $1.5 billion and diluted earnings per share oared to $12.40 from $1.58 a year ago.
Average worldwide realized crude oil prices decreased by 12% from the prior quarter to $83.64 per barrel and realized natural gas liquids prices fell 25% from the prior quarter to $26.35 per barrel and average domestic realized gas prices plunged 37% from the prior quarter to $4.45 per Mcf.
OXY
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Zoom Video Communications said revenue in the fourth quarter increased 4% to $1.1 billion and the company swung to a net loss of $104.4 million from a profit of $490.5 million. The earnings per share was ($0.36) compared to $1.60 a year ago.
Revenue in the fiscal year ending in January increased 7.0% to $4.4 billion and net income dropped to $103.7 million from $1.4 billion and diluted earnings per share dropped to 34 cents from $4.50 a year ago.
ZM
