Benzinga | May 10, 2021 04:40PM EDT

UPDATE: Occidental Petroleum Q1 EPS $(0.15) Beats $(0.33) Estimate, Sales $5.48B Beat $4.91B Estimate

Occidental Petroleum (NYSE:OXY) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.33) by 54.55 percent. This is a 71.15 percent increase over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $5.48 billion which beat the analyst consensus estimate of $4.91 billion by 11.59 percent. This is a 15.07 percent decrease over sales of $6.45 billion the same period last year.