Market Overview - Despite markets hovering near all-time highs, there is a shift from exuberance to cautious optimism, influenced by weak U.S. employment numbers and the potential economic impact of a federal government shutdown [1] - The market has not seen a 10% correction in over six months, leading investors to brace for a potential drawdown instead of a year-end rally [2] Value Stocks - Investors sitting on significant unrealized gains may consider reallocating to value stocks to minimize losses and generate income through dividends [2] - Five value stocks with a market cap of $3 billion or higher and a Benzinga Edge Value score of at least 90 are highlighted for portfolio protection in volatile environments [3] Sasol Ltd. - Sasol Ltd. has a Benzinga Edge Value Score of 99.66, with a market cap of $3.94 billion, trading at 10 times earnings, a P/B value of 0.4, and a P/S ratio of 0.27, indicating it is undervalued compared to U.S. and emerging market peers [4] - The stock has shown volatility but has evidence of upward momentum, with key technical levels to watch for a potential breakout [6] Gerdau SA - Gerdau has a Benzinga Edge Value Score of 97.67, with a market cap of $7 billion, trading at 8 times forward earnings, a P/B value of 0.70, and a P/S ratio of 0.37, along with a 3.27% dividend [7] - The stock has been trending higher since a Golden Cross in August, currently over 10% above its 50-day SMA, indicating bullish momentum [9] Ecopetrol SA - Ecopetrol has a Benzinga Edge Value Score of 97.47, with a market cap of $19 billion and annual sales exceeding $30 billion, showing a nearly 20% increase year-to-date [10] - The stock's fundamentals and technical trends are favorable, with a P/E ratio of 6.55 and a P/S ratio of 0.64, and bullish momentum is building [12] Seaboard Corp. - Seaboard has a Benzinga Edge Value Score of 94.03, with a market cap of $3.5 billion and annual sales over $9 billion, trading at 9 times earnings, a P/S ratio of 0.36, and a P/B ratio of 0.71 [13] - Recent signals indicate a revival in bullish momentum, with a significant rally taking the share price above the 50-day SMA [15] Fluor Corp. - Fluor has a Benzinga Edge Value Score of 91.46, with a market cap of $7 billion and annual sales exceeding $16 billion, trading at just 2 times earnings and a P/S ratio of 0.47 [16] - The stock has seen a 15% increase in the last three months, breaking above its 50- and 200-day SMAs, indicating a potential momentum reversal [18]

Core Insights - Evolution Petroleum (EPM) is expected to report quarterly earnings of $0.02 per share, unchanged from the same quarter last year, with revenues forecasted at $21.7 million, reflecting a 0.9% year-over-year decline [1] Earnings Projections - There has been a 50% downward revision in the consensus EPS estimate over the last 30 days, indicating a significant reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics - Analysts estimate 'Total Oil and gas production per day' at 7,277 barrels of oil equivalent, down from 7,478 barrels in the same quarter last year [5] - The 'Average sales price - Natural gas liquids' is projected at $22.93, compared to $25.43 in the same quarter last year [5] - The 'Average sales price - Crude oil' is expected to be $60.14, down from $72.24 in the same quarter last year [6] Stock Performance - Over the past month, Evolution Petroleum shares have declined by 9.7%, while the Zacks S&P 500 composite has increased by 1.3% [6] - With a Zacks Rank of 4 (Sell), EPM is anticipated to underperform the overall market in the near future [6]

Core Insights - Investor sentiment is currently bullish due to strong third-quarter earnings, despite concerns over a government shutdown and economic data blackout [1] - The Federal Reserve has lowered interest rates in response to a deteriorating labor market, creating challenges for retail investors in stock selection [1] Investment Recommendations - Stocks such as Newmont Corporation (NEM), Commercial Metals Company (CMC), and Cenovus Energy Inc. (CVE) are highlighted as potential investment opportunities [2] - Broker recommendations can provide valuable insights, but should not be the sole basis for investment decisions [4] Stock Performance and Projections - Newmont Corporation is expected to see a 60.1% year-over-year increase in earnings for 2025, with a 4.8% upward revision in broker ratings [7] - Commercial Metals Company is projected to experience a 67.4% increase in earnings for fiscal 2026, with an 8.3% upward revision in broker ratings [9] - Cenovus Energy is forecasted to have a 10.7% rise in earnings for 2025, with a 6.3% upward revision in broker ratings [10] Screening Strategy - A screening strategy is proposed to identify potential winners, focusing on stocks with broker rating upgrades of 1% or more, trading above $5, and an average 20-day volume greater than 100,000 [5] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and a VGM Score of A or B are suggested for better upside potential [6]

Core Viewpoint - Analysts expect Occidental Petroleum (OXY) to report quarterly earnings of $0.73 per share, reflecting a year-over-year increase of 12.3%, with revenues projected at $7.15 billion, up 18.9% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 28.1% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [1][2] Revenue Projections - Analysts forecast 'Net sales- Oil and gas' to reach $5.71 billion, suggesting a year-over-year change of +16.3% [3] - 'Net sales- Chemical' is expected to be $1.24 billion, indicating a +4.5% change from the year-ago quarter [4] - 'Net sales- Midstream & marketing' is projected at $429.84 million, reflecting a significant year-over-year change of +334.2% [4] Segment Revenue Estimates - 'Revenue- Oil - United States' is expected to reach $3.92 billion, a +17.1% change from the previous year [5] - 'Revenue- NGL - United States' is projected at $545.18 million, indicating a +31.1% year-over-year change [5] - 'Revenue- GAS - United States' is estimated at $376.86 million, reflecting a substantial +101.5% increase from the prior year [5] Production Volumes - 'Worldwide Sales - Total Continuing Operations Production Per Day' is expected to reach 1,395.28 million barrels of oil equivalent, up from 1,172 million barrels of oil equivalent in the same quarter last year [6] - 'Net Production Volumes Per Day By Commodity - Natural Gas - Total Worldwide' is estimated at 2,237.96 million cubic feet, compared to 1,796 million cubic feet reported in the same quarter last year [7] - 'Net Production Volumes Per Day By Commodity - Oil - Total Worldwide' is projected at 706.54 million barrels, up from 593 million barrels in the same quarter last year [9] Pricing Estimates - 'Average Realized Prices - NGLs - Total Worldwide' is expected to be $24.09 per barrel of oil equivalent, compared to $22.14 per barrel of oil equivalent in the same quarter last year [8] Market Performance - Shares of Occidental have shown a return of +0.2% over the past month, while the Zacks S&P 500 composite has changed by +11.5% [10]

Core Viewpoint - Analysts forecast Occidental Petroleum (OXY) will report quarterly earnings of $0.73 per share, reflecting a year-over-year increase of 12.3%, with anticipated revenues of $7.15 billion, an increase of 18.9% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 29.6% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [3]. Revenue Forecasts - Analysts estimate 'Net sales - Oil and gas' at $5.71 billion, a year-over-year change of +16.3% [5]. - 'Net sales - Chemical' is forecasted to reach $1.24 billion, indicating a +4.5% change year-over-year [5]. - 'Net sales - Midstream & marketing' is expected to be $429.84 million, suggesting a significant change of +334.2% year-over-year [5]. Income and Revenue Breakdown - 'Interest, dividends and other income' is estimated at $38.00 million, reflecting a +5.6% change from the prior year [6]. - 'Revenue - Oil - United States' is projected to reach $3.92 billion, indicating a +17.1% year-over-year change [6]. - 'Revenue - NGL - United States' is expected to be $545.18 million, a +31.1% change from the previous year [7]. - 'Revenue - GAS - United States' is forecasted at $376.86 million, reflecting a substantial +101.5% year-over-year change [7]. - The average prediction for 'Revenue - Oil & Gas - United States' stands at $4.84 billion, indicating a +22.4% change from the prior year [7]. Production Estimates - Analysts project 'Worldwide Sales - Total Continuing Operations Production Per Day' to reach 1,395.28 million barrels of oil equivalent, compared to 1,172 million barrels of oil equivalent a year ago [8]. - 'Net Production Volumes Per Day By Commodity - Natural Gas - Total Worldwide' is expected to be 2,237.96 million cubic feet, up from 1,796 million cubic feet in the same quarter last year [9]. - 'Net Production Volumes Per Day By Commodity - Oil - Total Worldwide' is estimated at 706.54 million barrels of oil, compared to 593 million barrels in the same quarter of the previous year [10]. - The 'Average Realized Prices - NGLs - Total Worldwide' is projected to reach $24.09 per barrel of oil equivalent, up from $22.14 per barrel a year ago [10].