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.
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
Occidental Petroleum (OXY) closed at $43.55 in the latest trading session, marking a +2.16% move from the prior day.
Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Occidental's integrated oil, gas and chemical model drives steady cash flow, four-quarter earnings beat and a 19.2% stock gain.
OXY is trading above its 50-day SMA after a 22.5% rally, fueled by Permian strength and international assets.
U.S. shale producer Occidental Petroleum said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance, and schedule-related delays.