Opinion on  Occidental Petroleum Corp (OXY)     Sector: Energy  >  Industry: Oil & Gas Operations
impressive record of earnings per share growth

Today's  stock's selection
OXY
Inspired by:
If the earnings of everything outside of financials are rising 9%, but the market is going down, it seems to me that we ought to be buying stocks with rising earnings and falling stock prices.
http://articles.moneycentral.msn.com/Investing/StrategyLab/Rn...
World energy needs will spike by more than 50% by 2030 but adequate oil reserves, conservation and new methods of recovery mean supply will keep pace with demand, the Organization of Petroleum Exporting Countries said Thursday.
http://money.cnn.com/2008/07/10/news/international/opec_repor...
Strong fundamentals:

Profit Margin (ttm):	29.20%
Operating Margin (ttm):	44.16%

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Management Effectiveness Return on Assets (ttm): 15.98% Return on Equity (ttm): 25.94%

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Income Statement Revenue (ttm): 20.67B Revenue Per Share (ttm): 24.881 Qtrly Revenue Growth (yoy): 44.80% Gross Profit (ttm): 12.96B EBITDA (ttm): 11.58B Net Income Avl to Common (ttm): 5.73B Diluted EPS (ttm): 7.23 Qtrly Earnings Growth (yoy): 52.30%

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Balance Sheet
Total Cash (mrq):	1.50B
Total Cash Per Share (mrq):	1.822
Total Debt (mrq):	1.81B
Total Debt/Equity (mrq):	0.075

The company's strengths can be seen in:
robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid
stock price performance, impressive record of earnings per share growth and compelling growth in net
income
Occidental Petroleum Corporation Earnings Conference Call (Q2 2008)
Scheduled to start Thu, Jul 24, 2008, 11:30 am Eastern