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Occidental: Q1 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Occidental Petroleum Corp. (OXY) on Tuesday reported first-quarter profit of $3.35 billion.

On a per-share basis, the Houston-based company said it had profit of $3.13. Earnings, adjusted to account for discontinued operations, were $1.06 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The oil and gas exploration and production company posted revenue of $5.11 billion in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $5.5 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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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