Core Viewpoint - Occidental Petroleum Corporation is expected to report a decline in quarterly earnings and revenue for the third quarter compared to the previous year [1] Financial Performance - Analysts predict Occidental will report earnings of 51 cents per share, down from $1.00 per share in the same quarter last year [1] - The consensus estimate for quarterly revenue is $6.7 billion, a decrease from $7.15 billion a year earlier [1] Dividend Announcement - On November 5, Occidental declared a regular quarterly dividend of 24 cents per share on common stock [2] - Following the dividend announcement, Occidental Petroleum shares rose by 2.5% to close at $41.31 [2] Analyst Ratings - Susquehanna analyst maintained a Positive rating but reduced the price target from $55 to $54 [4] - Wells Fargo initiated coverage with an Underweight rating and a price target of $42 [4] - Evercore ISI Group maintained an Underperform rating and cut the price target from $40 to $38 [4] - HSBC upgraded the stock from Hold to Buy and raised the price target from $48 to $55 [4] - Roth Capital maintained a Neutral rating and increased the price target from $45 to $46 [4]

Earnings Reports Overview - The earnings season is slowing down, but several retail-favorite companies are set to report this week [1] - Key companies reporting include Barrick Mining Corp., Plug Power Inc., Oklo Inc., Cisco Systems Inc., Walt Disney Co., and Applied Materials Inc. [2][3][5][10][11] Company-Specific Insights - Barrick Mining Corp. reported its third-quarter results before the market opened on November 10 [2] - Plug Power Inc. is expected to report losses of 12 cents per share and revenue of $179.54 million, having missed earnings expectations for the last 18 quarters [3] - Oklo Inc. is anticipated to report losses of 13 cents per share and revenue of $17.01 billion, with stock volatility noted ahead of the report [5] - Cisco Systems Inc. is expected to be a focal point for investors, particularly regarding management's guidance and updates on AI and cybersecurity business momentum [10] - Walt Disney Co. and JD.com Inc. will release earnings reports before the market opens on November 13 [11] - Applied Materials Inc. is set to release its Q4 results after the market closes on November 13 [11] Additional Companies Reporting - Other companies reporting this week include Workhorse Group Inc., Beyond Meat Inc., Microvision Inc., and Virgin Galactic Holdings Inc. [4][6][12]

Market Overview - U.S. stock futures rose on Monday following a mixed close on Friday, with major benchmark indices showing positive movement [1] - Investors are reacting to a potential end to the government shutdown and a surprise stimulus proposal from President Trump [1][2] - The Senate held a key vote on a funding bill aimed at ending the 40-day government shutdown [1] Futures Performance - Dow Jones futures increased by 0.42%, S&P 500 by 0.97%, Nasdaq 100 by 1.52%, and Russell 2000 by 1.11% [3] - The SPDR S&P 500 ETF Trust (SPY) rose by 0.98% to $677.52, while Invesco QQQ Trust ETF (QQQ) advanced by 1.52% to $619.02 [3] Stocks in Focus - Occidental Petroleum Corp. (NYSE: OXY) is expected to report quarterly earnings of 52 cents per share on revenue of $6.68 billion, rising 0.70% in premarket [5] - Viasat Inc. (NASDAQ: VSAT) jumped 13.21% after posting earnings of 9 cents per share on sales of $1.141 billion for the second quarter [5] - Micron Technology Inc. (NASDAQ: MU) gained 4.48% due to rising prices for next-generation HBM4 memory chips [5] - Nvidia Corp. (NASDAQ: NVDA) increased by 3.23%, leading the Nasdaq and S&P 500 higher [11] - Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) climbed 2.76% with October revenue up 17% year-over-year to $11.99 billion [11] Analyst Insights - Ryan Detrick of Carson Group views government shutdowns as short-term noise, noting that the S&P 500's median return during past shutdowns was only 0.1% [8] - Historical data indicates that the S&P 500 has averaged a gain of 12.3% in the 12 months following the end of a government shutdown, with a 91% success rate in positive market performance [9][10]

Market Overview - U.S. stock futures rose on Monday following a mixed close on Friday, with major benchmark indices showing positive movement [1] - Investors are focused on two significant developments: progress towards ending the government shutdown and a surprise stimulus proposal from President Trump [1][2] - The Senate held a key vote on a funding bill aimed at concluding the 40-day government shutdown [1] Economic Indicators - The 10-year Treasury bond yielded 4.13%, while the two-year bond was at 3.59% [2] - Market expectations indicate a 64.9% likelihood of the Federal Reserve cutting interest rates in December [2] Futures Performance - Dow Jones increased by 0.42%, S&P 500 by 0.97%, Nasdaq 100 by 1.52%, and Russell 2000 by 1.11% [3] - The SPDR S&P 500 ETF Trust (SPY) rose 0.98% to $677.52, and Invesco QQQ Trust ETF (QQQ) advanced 1.52% to $619.02 in premarket trading [3] Company Highlights - Occidental Petroleum Corp. (NYSE: OXY) is expected to report quarterly earnings of 52 cents per share on revenue of $6.68 billion, rising 0.70% in premarket [5] - Viasat Inc. (NASDAQ: VSAT) jumped 13.21% after posting earnings of 9 cents per share on sales of $1.141 billion for the second quarter [5] - Micron Technology Inc. (NASDAQ: MU) gained 4.48% due to rising prices for next-generation HBM4 memory chips [5] - Nvidia Corp. (NASDAQ: NVDA) increased by 3.23%, leading the Nasdaq and S&P 500 higher [11] - Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) climbed 2.76% with October revenue up 17% year-over-year to $11.99 billion [11] Analyst Insights - Ryan Detrick of Carson Group views government shutdowns as short-term noise, noting that the S&P 500's median return during past shutdowns was only 0.1% [8] - Historically, the S&P 500 has averaged a gain of 12.3% in the 12 months following the end of a government shutdown, with a 91% success rate in positive market performance post-reopening [9][10]

Core Insights - U.S. stock futures are trading higher, indicating a positive market sentiment for the day [1] Company Earnings Expectations - Tyson Foods Inc. (NYSE:TSN) is expected to report quarterly earnings of 83 cents per share on revenue of $13.97 billion, with shares rising 0.3% to $52.86 in after-hours trading [2] - Interpublic Group of Companies Inc. (NYSE:IPG) is projected to post quarterly earnings of 73 cents per share on revenue of $2.19 billion, with shares increasing 1.7% to close at $25.46 [2] - Viasat Inc. (NASDAQ:VSAT) reported adjusted earnings of 9 cents per share on sales of $1.141 billion for the second quarter, with shares rising 0.9% to close at $35.81 [2] - Dole PLC (NYSE:DOLE) is anticipated to report quarterly earnings of 17 cents per share on revenue of $2.15 billion, with shares gaining 0.7% to close at $13.14 [2] - Occidental Petroleum Corp. (NYSE:OXY) is expected to report quarterly earnings of 52 cents per share on revenue of $6.68 billion, with shares increasing 2.5% to close at $41.31 [2]

Petrochemical company Occidental Petroleum (OXY) is set to announce its third-quarter earnings on Monday, November 10th, after the closing bell. Analysts expect a 49% decline in EPS to $0.51 on revenue of $6.7B. According to Seeking Alpha analyst Curonian Research, Occidental’s ...

Core Insights - Occidental Petroleum Corporation (OXY) is anticipated to report a year-over-year decline in both revenues and earnings for the third quarter of 2025, with results expected on November 10 after market close [1][5] - The company has consistently beaten earnings estimates in the last four quarters, averaging a surprise of 25.72% [1] Production and Earnings Expectations - OXY's production volumes for the third quarter are expected to improve compared to the previous quarter, driven by enhanced activity levels in the Permian region and increased production across all main operating areas [2] - The company anticipates production of 1,415-1,455 thousand barrels of oil equivalent per day (Mboe/d) for Q3 2025, with the Permian Resources segment expected to contribute 779-799 Mboe/d [6] Financial Performance Indicators - The Zacks Consensus Estimate for OXY's third-quarter revenues is $6.72 billion, reflecting a decline of 6.04% year-over-year, while the consensus for earnings is set at 48 cents per share, indicating a 52% decrease from the previous year [5][9] - Strong domestic demand for PVC may positively influence earnings, although market oversupply remains a concern [3] - OXY has been generating cash flow to reduce debts, retiring $7.5 billion in debt, which has lowered annual interest expenses by $410 million, likely benefiting earnings per share [4] Market Position and Earnings Prediction - The Zacks model does not predict an earnings beat for OXY this quarter, as the company holds a Zacks Rank of 4 (Sell) and an Earnings ESP of +0.89% [7][8] - Despite the anticipated decline in revenues and earnings, higher production volumes and effective cost management may help improve margins [9]

Core Insights - Occidental Petroleum Corporation is set to release its third-quarter earnings results on November 10, with analysts expecting earnings of 51 cents per share, a decrease from $1.00 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $6.7 billion, down from $7.15 billion a year earlier [1] Group 1: Earnings Expectations - Analysts predict a significant decline in earnings per share from $1.00 to 51 cents year-over-year [1] - Revenue expectations also reflect a decrease, with a forecast of $6.7 billion compared to $7.15 billion in the previous year [1] Group 2: Analyst Ratings and Price Target - Piper Sandler analyst Mark Lear has maintained a Neutral rating on Occidental and lowered the price target from $50 to $47 [2] - The current annual dividend yield for Occidental is 2.38%, translating to a quarterly dividend of 24 cents per share [2] Group 3: Dividend Insights - To achieve a monthly income of $500 from dividends, an investment of approximately $251,875 or around 6,250 shares is required [2] - For a more modest monthly income of $100, an investment of $50,375 or around 1,250 shares would be necessary [2] - The dividend yield is subject to change based on fluctuations in both the dividend payment and the stock price [3][4] Group 4: Stock Performance - Shares of Occidental Petroleum increased by 1.4%, closing at $40.30 [4]

Core Insights - Financial giants are showing a bearish sentiment towards Occidental Petroleum, with 54% of traders indicating bearish tendencies and only 37% bullish [1] - The analysis of options trading revealed a significant volume of put options, totaling $1,412,556, compared to call options valued at $574,286 [1] Price Movements - Big players are targeting a price range for Occidental Petroleum between $22.5 and $60.0 over the past quarter [2] Volume & Open Interest - The volume and open interest data for options trading is crucial for tracking liquidity and interest in Occidental Petroleum's options, particularly within the strike price range of $22.5 to $60.0 over the last 30 days [3] Options Activity - Noteworthy bearish options activity includes multiple put trades with significant total trade prices, indicating a strong bearish sentiment among traders [8] Company Overview - Occidental Petroleum is an independent exploration and production company with operations in the U.S., Latin America, and the Middle East, reporting net proved reserves of nearly 4 billion barrels of oil equivalent [9] - The company averaged a net production of 1.327 million barrels of oil equivalent per day in 2024, with a composition of approximately 52% oil and natural gas liquids and 48% natural gas [9] Analyst Ratings - Recent analyst ratings for Occidental Petroleum show a consensus target price of $48.0, with varying opinions from different analysts, including a downgrade to Underweight by Wells Fargo with a target of $42 [10][11] Current Market Position - The current stock price of Occidental Petroleum is $40.06, reflecting a decrease of 2.1%, with a trading volume of 4,768,982 [13]

Core Viewpoint - Occidental Petroleum Corporation (OXY) has experienced significant underperformance compared to the broader market and its sector peers over the past year, despite a recent uptick in share price following mixed quarterly earnings results [2][3][4]. Company Overview - Occidental Petroleum Corporation is based in Houston, Texas, and operates in the energy sector, focusing on the acquisition, exploration, development, and production of oil and natural gas. The company has a market capitalization of $40.6 billion and also manufactures and markets essential chemical products, diversifying its operations across energy and industrial sectors [1]. Stock Performance - Over the past 52 weeks, OXY shares have declined by 17.9%, while the S&P 500 Index has gained 17.7%. Year-to-date, OXY is down 16.6%, in contrast to the S&P 500's 16.6% increase [2]. - OXY has also underperformed the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which saw a 3.7% drop over the past year and a 4.2% decline year-to-date [3]. Quarterly Earnings Results - On August 6, Occidental Petroleum reported mixed Q2 earnings, with revenue declining 6.1% year-over-year to $6.5 billion, missing consensus estimates. The adjusted EPS was $0.39, down 62.1% from the previous year but exceeding analyst expectations by 39.3% [4]. - The company has repaid $3 billion in debt this year through asset sales, healthy cash flow, and warrant exercises, which may have improved investor confidence [4]. Future Earnings Expectations - For the current fiscal year ending in December, analysts project OXY's EPS to decline by 36.7% year-over-year to $2.19. The company has a strong earnings surprise history, having surpassed consensus estimates in the last four quarters [5]. - Among 25 analysts covering OXY, the consensus rating is a "Hold," with four "Strong Buy," one "Moderate Buy," 17 "Hold," and three "Strong Sell" ratings [5]. Analyst Ratings and Price Target - The analyst configuration has shifted recently, with three analysts suggesting a "Strong Buy" and two recommending "Strong Sell." On October 21, Piper Sandler maintained a "Neutral" rating on OXY but lowered its price target to $47, indicating a potential upside of 14.1% from current levels [6].