How To Earn $500 A Month From Occidental Petroleum Stock Ahead Of Q3 Earnings

Occidental Petroleum Corporation (NYSE:OXY) will release earnings results for the third quarter, after the closing bell, on Tuesday, Nov. 12.

Analysts expect the Houston-based company to report quarterly earnings at 74 cents per share. That’s down from $1.18 per share in the year-ago period. Occidental Petroleum projects to report quarterly revenue of $7.23 billion. Last year, revenue hovered $7.21 billion, according to data from Benzinga Pro.

On Nov. 8, JPMorgan analyst John Royall reinstated Occidental Petroleum with a Neutral and announced a $56 price target.

With the recent buzz around Occidental Petroleum ahead of quarterly earnings, some investors may be eyeing potential gains from the company's dividends too. As of now, Occidental Petroleum offers an annual dividend yield of 1.73%, a quarterly dividend amount of 22 cents per share (88 cents a ...