Transcription of Oil and Gas
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Oil and Gas
Occidental Announces 3rd Quarter 2021 Results Cash flow from continuing operations of $ billion and cash flow from continuing operations before working capital of $ billion Efficient deployment of capital spending of $656 million, resulting in free cash flow excluding working capital of over $ billion Completed large-scale divestiture program with the sale of Ghana in October Repaid $ billion of long-term debt and retired $750 million of interest rate swaps Earnings per share of $ per diluted share and adjusted earnings per share of $ per diluted share OxyChem generated record earnings and increased total year pre-tax guidance to $ billion Exceeded production guidance midpoint by 15 Mboed, despite impact of Hurricane Ida, with production of 1.
Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that
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