OXY(US:OXY) ZACKS·2025-08-06 22:31Core Viewpoint - Occidental Petroleum reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $1.03 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +39.29%, following a previous surprise of +19.18% when actual earnings were $0.87 per share against an expectation of $0.73 [2] - Revenues for the quarter were $6.46 billion, slightly missing the Zacks Consensus Estimate by 0.34%, and down from $6.88 billion year-over-year [3] Stock Performance and Outlook - Occidental shares have declined approximately 12.8% year-to-date, contrasting with the S&P 500's gain of 7.1% [4] - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $6.66 billion, and for the current fiscal year, it is $2.29 on revenues of $26.68 billion [8] Industry Context - The Oil and Gas - Integrated - United States industry is currently ranked in the bottom 10% of over 250 Zacks industries, indicating potential challenges for stock performance [9] - Epsilon Energy Ltd., another company in the same industry, is expected to report earnings of $0.08 per share, reflecting a year-over-year change of +100%, with revenues projected at $11.85 million, up 62.1% from the previous year [10][11]