Occidental Petroleum Stock Slips As Earnings Expected To Fall Sharply
• Occidental Petroleum (OXY) stock fell 0.42% while broader markets gained • OXY underperformed the S&P 500, Dow, and Nasdaq which all saw gains • OXY earnings expected to fall 42.2% year-over-year in upcoming report • Revenue also projected to decline 7.35% compared to last year • Analysts have revised EPS estimates downward by 10.65% over past 30 days