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Occidental Petroleum Rises As Market Takes a Dip: Key Facts
Occidental Petroleum (NYSE: OXY) closed the most recent trading day at $62.44, moving +1.93% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.
The the stock of oil and gas exploration and production company has fallen by 2.23% in the past month, leading the Oils-Energy sector's loss of 5.24% and undershooting the S&P 500's gain of 3.59%.
Analysts and investors alike will be keeping a close eye on the performance of Occidental Petroleum in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.95, indicating a 39.71% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of ...