Occidental (OXY) Climbs 5.7% in 2024: Is Warren Buffet Right?
OXY(OXY) ZACKS·2024-07-18 21:06
While the TX-based company missed its revenue targets for first-quarter 2024, it came out with earnings of 65 cents per share, beating the Zacks Consensus Estimate of 56 cents. Interestingly, OXY has been able to reward its shareholders while taking part in the merger-spree sweeping the energy sector in the recent past. The company increased its quarterly dividend to 22 cents a share in May, taking its annualized dividend to 88 cents. This translates to a yield of about 1.4%. Also, the company has been expa ...