HOUSTON (AP) _ Occidental Petroleum Corp. (OXY) on Wednesday reported second-quarter earnings of $848 million.

The Houston-based company said it had profit of $1.10 per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.

The oil and gas exploration and production company posted revenue of $4.08 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $4.12 billion.

Occidental shares have risen 10 percent since the beginning of the year, while the Standard & Poor's 500 index has risen roughly 7 percent. In the final minutes of trading on Wednesday, shares hit $81.21, an increase of 32 percent in the last 12 months.

_____

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