Occidental Petroleum Corporation (NYSE:OXY) will release earnings results for its fourth quarter, after the closing bell on Wednesday, Feb. 18.
Analysts expect the Houston, Texas-based company to report quarterly earnings at 18 cents per share, down from 80 cents per share in the year-ago period. The consensus estimate for Occidental Petroleum's quarterly revenue is $5.62 billion, versus $6.84 billion a year earlier, according to data from Benzinga Pro.
On Jan. 2, Occidental announced that it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway.
Occidental Petroleum shares fell 0.3% to close at $45.94 on Tuesday.
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