FOXBusiness.com: Occidental Petroleum's profit slumps on $1.1 billion charge

FOXBusiness.com FOX Business Network - The Power to Prosper

Occidental Petroleum's profit slumps on $1.1 billion charge Jan 31st 2013, 13:51 Occidental Petroleum Corp , the fourth-largest U.S. oil company, reported a 79 percent drop in quarterly profit on Thursday as it wrote down the value of certain gas properties by $1.

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