Occidental Petroleum's Q2 Earnings Preview: Analysts Expect 68% EPS Decline

Occidental Petroleum Corp is expected to announce its Q2 2025 earnings after market close on Aug. 6. Analysts predict a profit of $0.33 per share, down 68% from $1.03 in the year-ago quarter. For the full year, EPS is expected to be $2.28, down 34.1% from $3.46 in 2024. OXY stock has underperformed the S&P 500 Index and Energy Select Sector SPDR Fund over the past 52 weeks, with shares down 31%. Analysts have a cautious consensus opinion on the stock, with a "Hold" rating overall.

Occidental Petroleum Corp (OXY) is set to release its fiscal second-quarter earnings for 2025 after the market closes on Wednesday, Aug. 6. Analysts predict a profit of $0.33 per share, a significant decline of 68% from the previous year's $1.03 per share. This drop underscores the company's ongoing challenges in the volatile energy market [1].

For the full year, analysts expect OXY's EPS to be $2.28, a 34.1% decrease from $3.46 in 2024. However, there is a silver lining as EPS is projected to rise by 10.5% to $2.52 in fiscal 2026. Despite its robust performance in surpassing Wall Street's EPS estimates in the past four quarters, OXY's stock has underperformed both the S&P 500 Index and the Energy Select Sector SPDR Fund over the past 52 weeks, with shares down 31% [2].

Analysts maintain a cautious consensus opinion on OXY stock, with a "Hold" rating overall. Only five out of 23 analysts recommend a "Buy" of any kind. The average price target for OXY stands at $49.25, suggesting a potential upside of 13.1% from current levels. This cautious sentiment reflects the market's uncertainty about the company's ability to navigate the current energy market conditions.

OXY's market cap stands at $42 billion, highlighting its significant presence in the industry. The company's recent Q1 results saw its adjusted EPS of $0.87 surpass Wall Street expectations of $0.73, indicating that the company has the potential to surprise the market again with its Q2 results.

Investors should closely monitor OXY's Q2 earnings report for any signs of improvement or deterioration in its financial performance. The company's ability to navigate the volatile energy market and adapt to changing consumer demands will be key factors influencing its stock price in the coming quarters.

References:
[1] https://www.barchart.com/story/news/33491166/occidental-petroleum-earnings-preview-what-to-expect
[2] https://www.indexbox.io/blog/occidental-petroleums-q2-2025-earnings-what-to-expect/