OXY(US:OXY) ZACKS·2025-11-11 00:56Core Insights - Occidental Petroleum (OXY) reported quarterly earnings of $0.64 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, but down from $1 per share a year ago [1] - The earnings surprise was +33.33%, following a previous quarter where the company also exceeded expectations with a surprise of +39.29% [2] - The company posted revenues of $6.72 billion for the quarter, slightly missing the Zacks Consensus Estimate by 0.07%, and down from $7.15 billion year-over-year [3] Earnings Performance - The company has surpassed consensus EPS estimates for the last four quarters [2] - However, it has not been able to beat consensus revenue estimates over the same period [3] Stock Performance - Occidental shares have declined approximately 16.4% year-to-date, contrasting with the S&P 500's gain of 14.4% [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.51 on revenues of $6.63 billion, and for the current fiscal year, it is $2.19 on revenues of $26.64 billion [8] - The outlook for the industry is unfavorable, with the Oil and Gas - Integrated - United States sector ranking in the bottom 25% of Zacks industries [9]