Zacks Investment Research
09 Jul 2026, 22:51 UTC · 2h ago
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Occidental Petroleum is expected to report a quarterly EPS of $1.94 on August 5, 2026, representing a 397.44% increase year-over-year. — A massive projected earnings jump typically drives positive price action if the company meets or exceeds these high expectations.
+0.60The Zacks Consensus EPS estimate for Occidental Petroleum has moved 2.48% higher over the last 30 days. — Upward revisions in analyst estimates generally signal improving business fundamentals and positive near-term momentum.
+0.30Occidental Petroleum (OXY) shares closed at $52.30, marking a 2.41% decline in the most recent session. — Short-term price drops indicate immediate selling pressure and a divergence from the broader market's gains.
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Occidental Petroleum currently holds a Zacks Rank of #3 (Hold). — A 'Hold' rating suggests a neutral outlook, implying no significant immediate catalyst for a price swing based on this metric.
+0.00Which stocks this story touches
Positive earnings projections and a rise in consensus EPS estimates, despite recent share price decline.
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Zacks Investment Research
2h ago
