Occidental Petroleum

OXY

Market cap $55.4B

Analysts expect robust profit growth in the just completed first quarter from most of the S&P 500. More is to come.

Occidental Petroleum CEO Vicki Hollub discusses the company's operations in the Middle East on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #business #energy #oil #gas #petroleum #occidental #oilandgas #economy #industry #leadership #ceo #vickihollub #middleeast #global #markets #safety #operations #company

In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $55.38, denoting a -4.62% move from the preceding trading day.

The U.S. imposed a blockade of vessels from Iranian ports through the Strait of Hormuz. Yet CENTCOM said it had also let some ships from non-Iranian ports through the U.S. blockade.

MTDR, PAM, OXY, FAF and AXS stand out with attractive EV-to-EBITDA ratios and strong earnings outlooks.

CEO Vicki Hollub will retire after four decades at Occidental Petroleum. COO Richard Jackson will replace Hollub, and investors will be watching.

Occidental is scheduled to provide its Q1 update on May 6. The oil and gas producer is well-positioned to beat expectations with its Q1 results.

OXY strikes oil at the Bandit prospect in the Gulf of America, with a potential subsea tie-back to nearby facilities that could lift long-term output and cash flow.

Oxy's stock has pulled back from its 52-week high. If oil prices stay elevated, Oxy's stock could bounce back and set new highs.

Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.