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Occidental Petroleum beats profit estimates as production rises
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(Reuters) — U.S. oil and gas producer Occidental Petroleum (NYSE:OXY) beat estimates for fourth-quarter profit on Wednesday, aided by higher production.
The Houston, Texas-based company reported adjusted earnings of 74 cents per share for the quarter ended Dec. 31, compared with analysts' estimates of 71 cents per share, according to LSEG data.
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