Occidental Petroleum (NYSE:OXY) reported quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $0.60 by 76.67 percent. This is a 21.84 percent increase over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $5.109 billion which missed the analyst consensus estimate of $5.394 billion by 5.29 percent. This is a 10.96 percent decrease over sales of $5.738 billion the same period last year.