Shares of Occidental Petroleum Rank the Highest in Terms of Future Earnings Growth in the Integrated Oil & Gas Industry (OXY, CVX, LUKOY, XOM, BP)
Below are the three companies in the Integrated Oil & Gas industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Occidental Petroleum ranks highest with a future earnings growth of 274.3%. Following is Chevron with a future earnings growth of 24.5%. Lukoil OAO ranks third highest with a future earnings growth of 16.3%.
Exxon Mobil follows with a future earnings growth of 4.6%, and BP rounds out the top five with a future earnings growth of 0.4%.
SmarTrend recommended that subscribers consider buying shares of Occidental Petroleum on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $65.42. Since that recommendation, shares of Occidental Petroleum have risen 17.5%. We continue to monitor Occidental Petroleum for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth Occidental Petroleum Chevron lukoil oao Exxon Mobil