Occidental Petroleum (NYSE:OXY) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.77 by 12.99 percent. This is a 38.1 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $6.84 billion which missed the analyst consensus estimate of $6.89 billion by 0.74 percent. This is a 13.86 percent increase over sales of $6.01 billion the same period last year.