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Benzinga
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Top Wall Street Forecasters Revamp Occidental Petroleum Price Expectations Ahead Of Q4 Earnings

1. Occidental is set to report Q4 earnings on Feb. 18, 2025. 2. Earnings expectations are at 70 cents per share, down from 74 cents. 3. Revenue projections for Q4 are $7.05 billion, lower than last year. 4. Analysts have mixed opinions, with Goldman Sachs downgrading to Sell. 5. Occidental's recent stock price closed at $48.06, up 0.4%.

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FAQ

Why Bearish?

Lower earnings expectations and a significant downgrade point to potential price decline. Past examples show downgrades often lead to share price drops.

How important is it?

The article discusses key earnings data and analyst ratings that significantly impact OXY's price. Relevant financial metrics and analyst opinions can drive investor sentiment.

Why Short Term?

Earnings results and analyst downgrades typically matter more immediately. Historical patterns indicate short-term stock price movements post-earnings.

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