Core Insights - Occidental Petroleum reported $6.84 billion in revenue for Q1 2025, a 13.9% year-over-year increase, with an EPS of $0.87 compared to $0.65 a year ago, although revenue fell short of the Zacks Consensus Estimate by 4.27% [1] Financial Performance - The reported revenue of $6.84 billion was below the consensus estimate of $7.15 billion, while the EPS of $0.87 exceeded the consensus estimate of $0.73 by 19.18% [1] - Net sales from oil and gas reached $5.68 billion, a 15.6% increase year-over-year, but below the average estimate of $5.71 billion [4] - Net sales from chemicals were $1.19 billion, slightly below the estimated $1.24 billion, representing a 0.2% increase year-over-year [4] - Midstream & marketing net sales were reported at $203 million, significantly higher than the estimated $429.84 million, showing a 105.1% year-over-year increase [4] - Interest, dividends, and other income amounted to $59 million, surpassing the average estimate of $38 million, reflecting a 63.9% year-over-year increase [4] Market Performance - Shares of Occidental have returned +8.8% over the past month, compared to the Zacks S&P 500 composite's +10.6% change, with a current Zacks Rank of 3 (Hold) indicating potential performance in line with the broader market [3]
Compared to Estimates, Occidental (OXY) Q1 Earnings: A Look at Key Metrics