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Occidental Petroleum Corporation Message Board

  • sollid_companiess_only sollid_companiess_only Oct 29, 2013 8:10 AM Flag

    Great OXY Quarterly Report

    OXY shareholders should expect another annual dividend increase in 2014!

    Oct 29 (Reuters) - Occidental Petroleum Corp reported a 15 percent rise in quarterly profit on Tuesday as the fourth-largest U.S. oil company increased its oil and gas production in its home market.

    Oxy's third-quarter net profit was $1.58 billion, or $1.96 per share, up from $1.38 billion, or $1.69 per share, a year earlier. Net sales rose 8 percent to $6.45 billion.

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