Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'

1. Occidental beat Q4 earnings, managing 80 cents vs. 68 cents expected. 2. Production increased 4% sequentially and 19% year-on-year to 1,463 MBpoed. 3. Divested $1.2 billion in properties, achieving $4.5 billion debt reduction goal early. 4. Analysts express mixed ratings; Stephens is bullish while Raymond James is neutral. 5. 1Q production guidance down 4% sequentially due to recent divestitures.