Occidental Petroleum has been rated Zacks Rank #3 (Hold), suggesting its shares may perform in line with the broader market. The consensus earnings estimate for the current quarter is $1.95 per share, down 21.7% over the last 30 days, while the current fiscal year estimate of $5.66 has declined 2.2%. For the next fiscal year, the estimate of $3.92 has fallen 8.6% over the past month. The company reported revenues of $5.11 billion in its most recent quarter, missing the Zacks Consensus Estimate by 7.03%, but beat earnings per share estimates in each of the trailing four quarters. Occidental is graded A on the Zacks Value Style Score, indicating it is trading at a discount to its peers.
Occidental Petroleum CorporationZacks Rank #3 Hold rating and mixed earnings revisions with declining estimates, but Value Style Score A suggests discount to peers.