Oh, Oh -- OXY Misses On Top And Bottom Line -- February 27, 2023

EPS: $1.60-something vs $1.81 estimate.

Declares a healthy dividend increase. Raises dividend to 18 cents / share. Was thirteen cents / share, and as recently as 2021, was a single penny. 

5 / 13 = a 38-percent increase in its dividend.

OXY preview here.

The fact that OXY missed both on the top line and the bottom line should be very, very concerning. Very concerning. I'm sure we will get reassuring guidance.