Occidental Petroleum (OXY) reported Q3 adjusted diluted earnings late Tuesday of $1.18 per share, down from $2.44 a year ago.
Analysts polled by Capital IQ expected $0.86 normalized.
Revenue for the quarter that ended Sept. 30 was $7.40 billion, down from $9.50 billion a year earlier.
Analysts surveyed by Capital IQ expected $6.96 billion.