Occidental Petroleum (OXY) Tops Q4 Earnings Estimates

Occidental Petroleum (OXY) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.40%. A quarter ago, it was expected that this oil and gas exploration and production company would post earnings of $0.80 per share when it actually produced earnings of $1, delivering a surprise of 25%.Over ...