OXY beats second-quarter earnings estimates and has reduced operating costs through operational efficiency.
Although the revenue and EPS for Occidental (OXY) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Occidental Petroleum (OXY) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.03 per share a year ago.
OXY is set to report second-quarter results with expected revenue and EPS declines, despite higher Permian production and debt cuts.
Besides Wall Street's top-and-bottom-line estimates for Occidental (OXY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.
Occidental (OXY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Occidental Petroleum (OXY) closed at $44.41, indicating a -2.31% shift from the previous trading day.
Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Occidental Petroleum has transformed into a capital-efficient, free-cash-flow compounder built to thrive through commodity cycles. OXY's disciplined capital allocation, reduced debt, and diversified asset base -- including Permian, DJ, Powder River, and international -- support long-term durability. Warren Buffett's large, growing stake reinforces the investment thesis, highlighting OXY's staying power and appeal as a long-term hold.
I am downgrading Occidental Petroleum to hold due to weak oil prices, underwhelming performance, and a challenging profit backdrop. Despite strong free cash flow and cost control, OXY's earnings outlook has deteriorated, and valuation is no longer compelling versus peers. Technical indicators are mixed, with shares below key resistance and the primary trend still bearish, reinforcing my cautious stance.
Occidental's expanding oil and gas reserves, especially in the Permian Basin, are driving output, free cash flow and long-term investor appeal.
Occidental Petroleum (OXY) concluded the recent trading session at $44.44, signifying a +2.02% move from its prior day's close.