Occidental Petroleum (NYSE:OXY – Get Free Report) posted its earnings results on Wednesday. Occidental Petroleum Stock Down 2.3%Shares of OXY traded down $1.29 during midday trading on Wednesday, hitting $53.80. Get Occidental Petroleum alerts:Insider Transactions at Occidental PetroleumIn other Occidental Petroleum news, CEO Richard A. Jackson purchased 4,770 shares of the firm’s stock in a transaction on Tuesday, June 23rd. Here are the key news stories impacting Occidental Petroleum this week:Positive Sentiment: Q2 results significantly exceeded expectations. Further ReadingReceive News & Ratings for Occidental Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Occidental Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.