Houston, Texas-based Occidental Petroleum Corporation (OXY) is an integrated oil and gas company. It engages in the acquisition, exploration, and development of oil and gas properties. With a market cap of $37.6 billion, Occidental Petroleum’s operations span the United States, the Middle East, and internationally.
The energy giant is gearing up to announce its Q1 results after the markets close on Wednesday, May 7. Ahead of the event, analysts expect OXY to report an adjusted EPS of $0.72, up 10.8% from $0.65 reported in the year-ago quarter. Moreover, the company has surpassed Street’s bottom-line estimates in each of the past four quarters.
