OXY - Oxy's Q4 Earnings Preview: Buffett's Confidence What Analysts Expect Path To Carbon Neutrality | Benzinga
Occidental Petroleum Corp (NYSE:OXY) will be reporting its fourth-quarter earnings on Feb. 14. Wall Street expects 71 cents in EPS and $6.95 billion in revenues as the company reports after market hours.
The company, often referred to as Oxy, is known for being an international oil and gas exploration and production company.
Oxy is Warren Buffett’s fifth-largest holding in his Berkshire Hathaway portfolio. The stock comprises 7.05% of the portfolio. With his share, Buffett owns a 34.96% share in the company.
Here's what analysts will be focusing on, and how the stock currently maps against Wall Street estimates.
Oxy Investment Thesis
Oxy stock has faced recent underperformance in line with the broader energy sector, influenced by geopolitical risks and oversupply concerns in the oil market. The stock is down over 10% for the past year.
Oxy’s financial results reflect ...