NYSE:OXY - Occidental Petroleum Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Occidental Petroleum Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $37.98 -0.47 (-1.22 %) (As of 12/6/2019 06:59 AM ET) Add Compare Today's Range$37.78Now: $37.98▼$38.8050-Day Range$37.69MA: $40.12▼$44.2952-Week Range$37.54Now: $37.98▼$68.83Volume9.21 million shsAverage Volume8.54 million shsMarket Capitalization$33.93 billionP/E Ratio7.58Dividend Yield8.22%Beta0.85 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryIntegrated Oil & Gas SectorOils/Energy Current SymbolNYSE:OXY Previous Symbol CUSIP67459910 CIK797468 Webhttp://www.oxy.com/ Phone713-215-7000Debt Debt-to-Equity Ratio1.54 Current Ratio1.33 Quick Ratio1.23Price-To-Earnings Trailing P/E Ratio7.58 Forward P/E Ratio21.10 P/E Growth4.28 Sales & Book Value Annual Sales$18.93 billion Price / Sales1.79 Cash Flow$10.18 per share Price / Cash Flow3.73 Book Value$28.25 per share Price / Book1.34Profitability EPS (Most Recent Fiscal Year)$5.01 Net Income$4.13 billion Net Margins6.34% Return on Equity9.98% Return on Assets3.68%Miscellaneous Employees11,000 Outstanding Shares893,317,000Market Cap$33.93 billion Next Earnings Date2/11/2020 (Estimated) OptionableOptionable Receive OXY News and Ratings via Email Sign-up to receive the latest news and ratings for OXY and its competitors with MarketBeat's FREE daily newsletter. OXY Rates by TradingView Occidental Petroleum (NYSE:OXY) Frequently Asked Questions What is Occidental Petroleum's stock symbol? Occidental Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "OXY." How often does Occidental Petroleum pay dividends? What is the dividend yield for Occidental Petroleum? Occidental Petroleum declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.79 per share on Wednesday, January 15th. This represents a $3.16 annualized dividend and a dividend yield of 8.32%. The ex-dividend date of this dividend is Monday, December 9th. View Occidental Petroleum's Dividend History. How were Occidental Petroleum's earnings last quarter? Occidental Petroleum Co. (NYSE:OXY) issued its quarterly earnings results on Monday, November, 4th. The oil and gas producer reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.30. The oil and gas producer had revenue of $5.87 billion for the quarter, compared to analyst estimates of $5.59 billion. Occidental Petroleum had a return on equity of 9.98% and a net margin of 6.34%. Occidental Petroleum's revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.77 EPS. View Occidental Petroleum's Earnings History. When is Occidental Petroleum's next earnings date? Occidental Petroleum is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Occidental Petroleum. What price target have analysts set for OXY? 19 analysts have issued 12-month price targets for Occidental Petroleum's shares. Their forecasts range from $36.00 to $80.00. On average, they expect Occidental Petroleum's stock price to reach $59.30 in the next twelve months. This suggests a possible upside of 56.1% from the stock's current price. View Analyst Price Targets for Occidental Petroleum. What is the consensus analysts' recommendation for Occidental Petroleum? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 2 sell ratings, 13 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Occidental Petroleum. What are Wall Street analysts saying about Occidental Petroleum stock? Here are some recent quotes from research analysts about Occidental Petroleum stock: 1. According to Zacks Investment Research, "Shares of Occidental have underperformed the industry year to date. Worryingly, rising freight rates due to U.S. sanctions could impact the company’s margins. Occidental, similar to other oil and gas companies, faces the risk of cost overruns and interruptions due to delays in drilling and approvals. The competitive industry and ongoing fluctuation in commodity prices are adversely impacting the company’s operations. However, Occidental is benefiting from increasing oil production from Permian resources. Its acquisition of Anadarko will further expand operations in the Permian Basin. Occidental’s decision to divest lower-margin oil and gas assets will be productive for the company over the long run. Expense management and oil production from high-quality U.S. onshore assets are going to drive its performance." (10/15/2019) 2. Mizuho analysts commented, "We sympathise. Stronger dividend growth ahead? – Cash return growth, ideally via consistent and sustainable dividend growth, is key to our Renaissance thesis, and OXY is best-positioned among US E&P’s to deliver this dividend growth. In its slide deck, OXY highlights a cash return target of greater than $3.1Bn" in 2019. We think the company signals capacity for stronger dividend growth, and certainly want a much stronger effort than the nominal 1c/quarter of the past two years. We will be looking for additional detail on the call. Unconventional EOR – Demonstrating unconventional EOR commercial success in 2019 is a key to delivering on OXY’s 2022 $9.0Bn operating cash flow target. Expect the company to better define the opportunity set for enhanced recovery opportunities in Permian unconventional on the call." (2/13/2019) Has Occidental Petroleum been receiving favorable news coverage? Media stories about OXY stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Occidental Petroleum earned a news impact score of -3.0 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the company's share price in the next few days. View News Stories for Occidental Petroleum. Are investors shorting Occidental Petroleum? Occidental Petroleum saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,810,000 shares, an increase of 14.1% from the September 15th total of 12,100,000 shares. Based on an average trading volume of 9,200,000 shares, the short-interest ratio is currently 1.5 days. Currently, 1.6% of the shares of the company are short sold. View Occidental Petroleum's Current Options Chain. Who are some of Occidental Petroleum's key competitors? Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), PetroChina (PTR), CNOOC (CEO), ENI (E), EOG Resources (EOG), Ecopetrol (EC), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), WOODSIDE PET LT/ADR (WOPEY), Pioneer Natural Resources (PXD), Rwe Ag Sp (RWEOY), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY) and Diamondback Energy (FANG). What other stocks do shareholders of Occidental Petroleum own? Based on aggregate information from My MarketBeat watchlists, some companies that other Occidental Petroleum investors own include Exxon Mobil (XOM), AT&T (T), Apache (APA), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), General Electric (GE), Chevron (CVX), Intel (INTC) and Wells Fargo & Co (WFC). Who are Occidental Petroleum's key executives? Occidental Petroleum's management team includes the folowing people: Ms. Vicki A. Hollub, Pres, CEO & Director (Age 59)Mr. Cedric W. Burgher CFA, Sr. VP & CFO (Age 58)Ms. Marcia E. Backus, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 65)Mr. Edward Arthur Lowe, Exec. VP & Group Chairman of Middle East (Age 68)Mr. Glenn M. Vangolen, Sr. VP of Bus. Support (Age 60) Who are Occidental Petroleum's major shareholders? Occidental Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.87%), Icahn Carl C (2.95%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Parametric Portfolio Associates LLC (0.33%), Great West Life Assurance Co. Can (0.32%) and Russell Investments Group Ltd. (0.29%). Company insiders that own Occidental Petroleum stock include Avedick Baruyr Poladian, Bob Shearer, Cedric W Burgher, Eugene L Batchelder, Kenneth Dillon, Marcia E Backus, Margaret M Foran, Oscar K Brown, Vicki A Hollub and William R Klesse. View Institutional Ownership Trends for Occidental Petroleum. Which major investors are selling Occidental Petroleum stock? OXY stock was sold by a variety of institutional investors in the last quarter, including Icahn Carl C, Massachusetts Financial Services Co. MA, Eagle Asset Management Inc., Robeco Institutional Asset Management B.V., Worldquant Millennium Advisors LLC, Gateway Investment Advisers LLC, Great West Life Assurance Co. Can and Boston Private Wealth LLC. View Insider Buying and Selling for Occidental Petroleum. Which major investors are buying Occidental Petroleum stock? OXY stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Point72 Asset Management L.P., Smead Capital Management Inc., Parametric Portfolio Associates LLC, Squarepoint Ops LLC, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc. and Rhumbline Advisers. Company insiders that have bought Occidental Petroleum stock in the last two years include Avedick Baruyr Poladian, Bob Shearer, Cedric W Burgher, Eugene L Batchelder, Kenneth Dillon, Marcia E Backus, Margaret M Foran, Oscar K Brown, Vicki A Hollub and William R Klesse. View Insider Buying and Selling for Occidental Petroleum. How do I buy shares of Occidental Petroleum? Shares of OXY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Occidental Petroleum's stock price today? One share of OXY stock can currently be purchased for approximately $37.98. How big of a company is Occidental Petroleum? Occidental Petroleum has a market capitalization of $33.93 billion and generates $18.93 billion in revenue each year. The oil and gas producer earns $4.13 billion in net income (profit) each year or $5.01 on an earnings per share basis. Occidental Petroleum employs 11,000 workers across the globe.View Additional Information About Occidental Petroleum. What is Occidental Petroleum's official website? The official website for Occidental Petroleum is http://www.oxy.com/. How can I contact Occidental Petroleum? Occidental Petroleum's mailing address is 5 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046. The oil and gas producer can be reached via phone at 713-215-7000 or via email at [email protected] MarketBeat Community Rating for Occidental Petroleum (NYSE OXY)Community Ranking: 2.6 out of 5 ( )Outperform Votes: 690 (Vote Outperform)Underperform Votes: 654 (Vote Underperform)Total Votes: 1,344MarketBeat's community ratings are surveys of what our community members think about Occidental Petroleum and other stocks. Vote "Outperform" if you believe OXY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OXY will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/6/2019 by MarketBeat.com StaffFeatured Article: Commodities
