OXY(US:OXY) ZACKS·2026-02-18 23:47Core Viewpoint - Occidental Petroleum reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, but down from $0.80 per share a year ago [1] Financial Performance - The earnings surprise for the quarter was +62.13%, with the company previously expected to post earnings of $0.48 per share but actually reporting $0.64, resulting in a surprise of +33.33% [2] - Revenues for the quarter were $5.42 billion, missing the Zacks Consensus Estimate by 7.81%, and down from $6.84 billion year-over-year [3] Stock Performance - Occidental shares have increased approximately 11.7% since the beginning of the year, while the S&P 500 has shown no return [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 $0.17 on revenues of $4.97 billion, and for the current fiscal year, it is $0.65 on revenues of $20.58 billion [8] - The Zacks Industry Rank for Oil and Gas - Integrated - United States is in the bottom 14% of over 250 Zacks industries, suggesting potential challenges ahead [9]