Occidental Petroleum (OXY) Q4 2024 Earnings Call Transcript
Good afternoon, everyone, and welcome to Occidental's fourth-quarter 2024 earnings conference call. [Operator instructions] Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Jordan Tanner,
Occidental Petroleum (NYSE:OXY) Shares Down 1.2% After Analyst Downgrade
Occidental Petroleum Co. (NYSE:OXY – Get Free Report) shares were down 1.2% on Friday after Wells Fargo & Company lowered their price target on the stock from $53.00 to $52.00. Wells Fargo & Company currently has an equal weight rating on the stock.
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Compared to Estimates, Occidental (OXY) Q4 Earnings: A Look at Key Metrics
Occidental Petroleum (OXY) reported $6.84 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 9.2%. EPS of $0.80 for the same period compares to $0.74 a year ago.
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