Occidental Petroleum heads into earnings with revenue growth expected
Occidental Petroleum reports quarterly results on Monday after the bell, with analysts expecting 21.5% year-on-year revenue growth. Source: StockStory.
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what happened
Occidental Petroleum (OXY) reports quarterly results on Monday after the bell, according to StockStory. Last quarter the company beat analyst revenue forecasts, with sales of $8.33 billion, up 57.1% from a year earlier, and also topped earnings-per-share estimates.
The market expects revenue this quarter to rise 21.5% year on year, after a 5.5% decline in the same quarter last year. Analysts have mostly kept their estimates unchanged over the past 30 days.
Peers have already reported. ConocoPhillips posted revenue growth of 29.2% and beat expectations by 10.7%, while Chevron grew revenue 36.3% and topped estimates by 11.1%. ConocoPhillips shares were flat after its report, and Chevron fell 1.6%.
why it matters
Shares of the diversified upstream oil and gas group have fallen 10.8% on average over the last month, and OXY is down 5.7% over the same period. The report will show whether the company can sustain revenue growth while the sector's stock performance has lagged.
market impact
Oil and gas sector and OXY shares: the report will set the tone for industry stocks
tags
instruments
on polymarket
sources
- Occidental Petroleum earnings: what to look for from OXY — stockstory.org, 8 November 2026 at 03:08 UTC
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