Reported 2 days ago
Occidental Petroleum (OXY) outperformed the stock market in its recent closing session, gaining 1.23% to $45.40, while the S&P 500 rose only 0.37%. Despite a recent monthly decline of 2.31% for OXY shares, analysts are closely watching the upcoming earnings report indicating an expected EPS drop of 52% year-over-year. The company, currently holding a Zacks Rank of #3 (Hold), has a higher forward P/E ratio compared to its industry, which remains in the lower tier of market rankings.
Source: YAHOO