OXY(US:OXY) ZACKS·2025-07-11 22:51Company Performance - Occidental Petroleum (OXY) closed at $46.31, with a daily increase of 1%, outperforming the S&P 500's decline of 0.33% [1] - Over the past month, shares have appreciated by 2.44%, underperforming the Oils-Energy sector's gain of 4.04% and the S&P 500's gain of 4.07% [1] Upcoming Financial Results - Occidental Petroleum is set to announce its earnings on August 6, 2025, with projected earnings of $0.33 per share, reflecting a year-over-year decline of 67.96% [2] - The consensus estimate for revenue is $6.43 billion, indicating a 6.46% decline compared to the same quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $2.26 per share and revenue of $26.55 billion, representing declines of 34.68% and 1.22% respectively compared to the previous year [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for Occidental Petroleum may indicate shifts in near-term business trends, with positive alterations suggesting analyst optimism [3] - The Zacks Rank system, which assesses estimate changes, currently ranks Occidental Petroleum at 3 (Hold) [5] Valuation Metrics - Occidental Petroleum has a Forward P/E ratio of 20.33, which is a premium compared to the industry average Forward P/E of 17.45 [6] - The Oil and Gas - Integrated - United States industry is currently ranked 207 in the Zacks Industry Rank, placing it in the bottom 17% of over 250 industries [6]