OXY(US:OXY) ZACKS·2025-04-23 22:55Group 1 - Occidental Petroleum's stock closed at $39.83, reflecting a -0.35% change from the previous day, underperforming the S&P 500's gain of 1.67% [1] - Over the past month, Occidental Petroleum's shares have decreased by 18.45%, compared to the Oils-Energy sector's loss of 10.69% and the S&P 500's loss of 6.57% [1] Group 2 - The upcoming earnings release on May 7, 2025, is anticipated to show earnings per share (EPS) of $0.72, a 10.77% increase year-over-year, with projected revenue of $7.09 billion, reflecting a 17.95% increase [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $2.63 per share and revenue of $28.8 billion, indicating a -23.99% change in earnings and a +7.14% change in revenue compared to the previous year [3] Group 3 - Recent modifications to analyst estimates for Occidental Petroleum indicate changing business trends, with positive revisions suggesting analyst optimism about the company's profitability [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5][6] - Occidental Petroleum currently holds a Zacks Rank of 3 (Hold), with a consensus EPS projection that has decreased by 17.92% in the past 30 days [6] Group 4 - Occidental Petroleum's Forward P/E ratio is 15.19, which is a premium compared to the industry average Forward P/E of 13.7 [7] - The Oil and Gas - Integrated - United States industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 62, placing it in the top 25% of over 250 industries [7][8]