Occidental Petroleum Corporation Earnings
The next earnings date for Occidental Petroleum Corporation is August 6, 2025.
They are scheduled to announce earnings after the market closes that day.
Analyst Estimates of Occidental Petroleum Corporation Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
Occidental Petroleum Corporation Earnings: Historical
More About Occidental Petroleum Corporation
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
“Occidental Petroleum Corporation Earnings” Can Refer to the Occidental Petroleum Corporation Earnings Date
Some people say “Occidental Petroleum Corporation earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my Occidental Petroleum Corporation position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning Occidental Petroleum Corporation Stock on the Earnings Date
If you own Occidental Petroleum Corporation stock (OXY) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for Occidental Petroleum Corporation might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading Occidental Petroleum Corporation shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Owning Occidental Petroleum Corporation Options on the Earnings Date
If you own Occidental Petroleum Corporation options on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
In addition, the extrinsic values of Occidental Petroleum Corporation options that overlap earnings dates are often higher than other days of the year. In other words, the premiums you pay to own Occidental Petroleum Corporation options are typically higher during that period. In particular, they are frequently higher immediately before earnings and on the day they’re announced.
This makes sense considering that prices are often more volatile on earnings dates for Occidental Petroleum Corporation. That potential volatility is a key factor that affects the premium cost of owning options.
Once the earnings announcement is done and the anticipated price volatility has gone down, the extrinsic values of Occidental Petroleum Corporation options often go down. This is sometimes referred to as volatility crush.
Learning More Occidental Petroleum Corporation Earnings
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