OXY

Occidental Petroleum (OXY) has gained 9.6% over the past month, outperforming the S&P 500. The company shows strong earnings growth with current year estimates up 191% year-over-year and a Zacks Rank #2 (Buy) rating.

However, next fiscal year earnings are expected to decline 25%. OXY trades at a discount to peers with an A valuation grade and has consistently beaten EPS estimates in recent quarters.

The article explains how to use the Zacks Earnings ESP (Expected Surprise Prediction) filter to identify stocks likely to beat earnings expectations. It demonstrates the methodology using two oil and energy stocks as examples: Cheniere Energy with a +13.57% ESP and Occidental Petroleum with a +8.66% ESP, both positioned to potentially surprise positively on their upcoming earnings reports.

Greg Abel, Berkshire Hathaway's current CEO, is charting a new investment direction by selling some of Warren Buffett's long-held positions (Visa, Mastercard, Amazon) while maintaining or adding to others. The article analyzes five key Berkshire holdings—Lennar, Alphabet, Occidental Petroleum, Delta Air Lines, and Apple—projecting potential returns by 2030, with varying levels of confidence in each investment's future performance.