Investing.com - Occidental (NYSE:OXY) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.22 on revenue of $4.8B. Analysts polled by Investing.com expected EPS of $1.14 on revenue of $4.45B. That compared to EPS of $0.41 on revenue of $3.49B in the same period a year earlier. The company had reported EPS of $1.74 on revenue of $5.22B in the previous quarter.
Occidental shares lost 0.03% to trade at $65.73 in after-hours trade following the report.
Occidental shares lost 0.03% to trade at $65.73 in after-hours trade following the report.
For the year, Occidental shares are up 7.12%, under-performing the S&P 500 which is up 10.81% year to date.
Occidental follows other major Energy sector earnings this month
On Friday, February 1, 2019, Exxon Mobil reported fourth quarter EPS of $1.29 on revenue of $71.9B, compared to forecasts of EPS of $1.08 on revenue of $72.53B.
Chevron earnings beat analyst's expectations on Friday, February 1, 2019, with fourth quarter EPS of $1.95 on revenue of $42.35B. Investing.com analysts expected EPS of $1.87 on revenue of $42.48B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar