From Nasdaq: 2024-05-06 13:16:00

Occidental Petroleum Corporation (OXY) will report first-quarter 2024 results on May 7. Analysts expect earnings of 56 cents per share on revenues of $6.7 billion, a decline from last year. Factors like production levels and prices will impact the results. The company’s acquisition of Carbon Engineering is expected to positively affect performance.

Stocks to watch: Excelerate Energy, Inc. (EE) and California Resources Corporation (CRC) are set to release earnings on May 8, while HighPeak Energy Inc. (HPK) will report on May 8. Analysts predict positive surprises for EE, CRC, and HPK due to strong performance and favorable market conditions. Stay informed with the Zacks Earnings Calendar.

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Read more at Nasdaq: Occidental (OXY) to Post Q1 Earnings: What’s in the Offing?