Occidental: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Occidental Petroleum Corp. (OXY) on Monday reported third-quarter net income of $1.82 billion.

The Houston-based company said it had net income of $1.61 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.91 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The oil and gas exploration and production company posted revenue of $6.77 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $6.73 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OXY at https://www.zacks.com/ap/OXY