Occidental Petroleum's profit rises 8 pct on higher prices

July 31 Thu Jul 31, 2014 7:21am EDT

July 31 (Reuters) - Occidental Petroleum Corp reported an 8.2 percent rise in profit for the second quarter, helped by higher prices for crude oil and natural gas.

The fourth-largest U.S. oil and gas company's net income rose to $1.43 billion, or $1.82 per share, from $1.32 billion, or $1.64 per share, a year earlier.

Net sales rose 5.2 percent to $6.28 billion. (Reporting by Anannya Pramanick in Bangalore; Editing by Maju Samuel)

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