Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It

Occidental Petroleum (OXY) is a trending stock with strong earnings growth expectations. The company is projected to earn $6.2 per share for the current fiscal year (+180.5% YoY), though next year's earnings are expected to decline 32.1%. OXY recently beat consensus EPS estimates by 25% and revenue estimates by 16%, but carries a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the broader market. The stock trades at a valuation discount to peers with an A grade on value metrics.