105 Per Share Earnings Projected

Occidental Petroleum Expected to Post Strong Earnings

105 Per Share Earnings Projected

Occidental Petroleum is expected to post earnings of 105 per share for the current quarter, representing a significant increase over the same period last year. The company is benefiting from rising oil and gas prices, which have boosted its revenues and profits. Occidental's strong earnings are expected to continue in the coming quarters, as global demand for energy remains high.

Analysts Optimistic

Analysts are optimistic about Occidental's prospects. The company has a strong balance sheet and is well-positioned to benefit from the current energy market. Occidental's consensus rating is a "Moderate Buy," which depicts analysts' cautiously optimistic approach toward the company.