Occidental Petroleum (OXY) Declines More Than Market: Some Information for Investors
OXYOXY(US:OXY) ZACKS·2025-09-17 22:50

Company Performance - Occidental Petroleum (OXY) closed at $47.19, reflecting a -1.19% change from the previous day, underperforming the S&P 500's daily loss of 0.1% [1] - Over the past month, shares of Occidental Petroleum have appreciated by 8.64%, outperforming the Oils-Energy sector's gain of 3.89% and the S&P 500's gain of 2.57% [1] Financial Projections - The upcoming earnings per share (EPS) for Occidental Petroleum is projected to be $0.49, indicating a 51% decrease from the same quarter last year [2] - Quarterly revenue is expected to be $6.64 billion, down 7.18% from the year-ago period [2] - For the full year, earnings are projected at $2.29 per share and revenue at $26.64 billion, representing changes of -33.82% and -0.88% respectively from the prior year [3] Analyst Estimates - Recent adjustments to analyst estimates for Occidental Petroleum reflect shifting short-term business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which considers these estimated changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5][6] - Currently, Occidental Petroleum holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having moved 0.04% higher over the past month [6] Valuation Metrics - Occidental Petroleum is trading with a Forward P/E ratio of 20.86, which is a premium compared to the industry average Forward P/E of 16.07 [7] - The Oil and Gas - Integrated - United States industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 190, placing it in the bottom 24% of all 250+ industries [7][8]