OXY(US:OXY) ZACKS·2025-07-30 22:51Company Performance - Occidental Petroleum (OXY) closed at $44.41, reflecting a -2.31% change from the previous day, which is less than the S&P 500's daily loss of 0.13% [1] - The stock has gained 6.07% over the past month, outperforming the Oils-Energy sector's gain of 4.18% and the S&P 500's gain of 3.39% [1] Earnings Expectations - The company is set to release its earnings report on August 6, 2025, with analysts expecting earnings of $0.28 per share, representing a year-over-year decline of 72.82% [2] - The consensus estimate for revenue is $6.48 billion, indicating a 5.83% decrease from the same quarter last year [2] Annual Forecast - For the entire year, Zacks Consensus Estimates forecast earnings of $2.29 per share and revenue of $26.69 billion, reflecting changes of -33.82% and -0.69% respectively compared to the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Occidental Petroleum are important as they indicate changing near-term business trends, with positive revisions suggesting a favorable outlook on business health and profitability [4] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Occidental Petroleum at 3 (Hold) [6] - The Forward P/E ratio for Occidental Petroleum is 19.9, which is higher than the industry average Forward P/E of 17.54, indicating that the company is trading at a premium [7] Industry Context - The Oil and Gas - Integrated - United States industry, to which Occidental Petroleum belongs, ranks in the bottom 8% of all industries according to the Zacks Industry Rank [7]