Occidental Petroleum (OXY) Beats Q1 Earnings Estimates

Occidental Petroleum (OXY) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.07%. A quarter ago, it was expected that this oil and gas exploration and production company would post earnings of $0.74 per share when it actually produced earnings of $0.74, delivering no surprise.Over th ...