Occidental Petroleum (NYSE: OXY) reported earnings on Jan. 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Occidental Petroleum beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded slightly and GAAP earnings per share shrank significantly.

Margins dropped across the board.

Revenue details
Occidental Petroleum reported revenue of $6.17 billion. The six analysts polled by S&P Capital IQ foresaw a top line of $5.92 billion on the same basis. GAAP reported sales were 2.3% higher than the prior-year quarter's $6.03 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.83. The 21 earnings estimates compiled by S&P Capital IQ predicted $1.67 per share. GAAP EPS of $0.42 for Q4 were 79% lower than the prior-year quarter's $2.01 per share. (The prior-year quarter included -$0.01 per share in earnings from discontinued operations.)

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 12.6%, 10,260 basis points worse than the prior-year quarter. Operating margin was 12.6%, 2,860 basis points worse than the prior-year quarter. Net margin was 5.4%, 2,170 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.32 billion. On the bottom line, the average EPS estimate is $1.78.

Next year's average estimate for revenue is $26.07 billion. The average EPS estimate is $7.46.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,352 members out of 1,398 rating the stock outperform, and 46 members rating it underperform. Among 310 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 300 give Occidental Petroleum a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Occidental Petroleum is outperform, with an average price target of $98.61.

Can your portfolio provide you with enough income to last through retirement? You'll need more than Occidental Petroleum. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.