Occidental Petroleum Corp, a Houston-based energy company with a market cap of $40.6 billion, has underperformed the S&P 500 Index and the SPDR S&P Oil & Gas Exploration & Production ETF over the past 52 weeks and YTD. On Aug. 6, the company reported mixed Q2 earnings, with revenue down 6.1% and adjusted EPS falling 62.1%. However, it exceeded analyst expectations and revealed a $3 billion debt repayment. Analysts expect a 36.7% decline in EPS for the current fiscal year. The stock has a consensus rating of “Hold,” with a mean price target of $49.80 and a Street-high target of $64. Analyst Ryan Todd maintained a “Neutral” rating with a $47 price target.

Read more at Barchart: Are Wall Street Analysts Bullish on Occidental Petroleum Stock?