Occidental Petroleum (OXY) reported Q4 adjusted earnings late Tuesday of $0.80 per diluted share, up from $0.74 a year earlier.
Analysts polled by FactSet expected $0.68.
Total revenue for the quarter ended Dec. 31 were $6.84 billion, down from $7.53 billion a year earlier.
The company raised its quarterly dividend 9% to $0.24 per share, payable April 15 to stockholders of record as of March 10.
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