Earnings Outlook For Occidental Petroleum
Portfolio Pulse from Benzinga Insights
Occidental Petroleum (NYSE:OXY) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.86. The company's past performance shows a pattern of EPS misses and subsequent share price changes. The stock is currently trading at $63.01, down 16.56% over the last 52-week period.
November 06, 2023 | 4:01 pm
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NEUTRAL IMPACT
Occidental Petroleum's upcoming earnings report could impact its stock price. The company has a history of EPS misses, which have led to share price changes. The stock is currently down 16.56% over the last year.
Occidental Petroleum's earnings report is a key event that could influence its stock price. Given the company's history of EPS misses and subsequent share price changes, there is potential for volatility. However, the stock's current downward trend suggests investor sentiment is already negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100