Why Is Occidental (OXY) Down 6% Since Last Earnings Report?
OXY(OXY) ZACKS·2024-06-07 00:35
It has been about a month since the last earnings report for Occidental Petroleum (OXY) . Shares have lost about 6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Occidental due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Occidental Petroleum Q1 Earnings Surpa ...