NYSE:OXYOccidental Petroleum Stock Price, Forecast & News

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OXY shares have increased by 46.4% and is now trading at $17.28. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 8 sell ratings, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Occidental Petroleum.

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Occidental Petroleum.

Occidental Petroleum Co. (NYSE:OXY) posted its quarterly earnings data on Tuesday, May, 5th. The oil and gas producer reported ($0.52) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.63) by $0.11. The oil and gas producer had revenue of $6.45 billion for the quarter, compared to analysts' expectations of $5.60 billion. Occidental Petroleum had a positive return on equity of 1.24% and a negative net margin of 13.85%. The company's revenue for the quarter was up 57.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.84 earnings per share. View Occidental Petroleum's earnings history.

Occidental Petroleum declared a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.01 per share on Wednesday, July 15th. This represents a $0.04 annualized dividend and a yield of 0.23%. The ex-dividend date of this dividend is Friday, June 12th. View Occidental Petroleum's dividend history.

22 analysts have issued 1-year price targets for Occidental Petroleum's stock. Their forecasts range from $7.00 to $59.00. On average, they expect Occidental Petroleum's share price to reach $22.28 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View analysts' price targets for Occidental Petroleum.

Media coverage about OXY stock has been trending negative recently, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Occidental Petroleum.

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY) and TORAY INDUSTRIE/ADR (TRYIY). View all competitors.

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), Micron Technology (MU), Walt Disney (DIS), Cisco Systems (CSCO), General Electric (GE), Wells Fargo & Co (WFC), Chevron (CVX) and Boeing (BA).

Occidental Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "OXY."

Occidental Petroleum's stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Woodstock Corp (0.00%), IBM Retirement Fund (0.00%) and Clarius Group LLC (0.00%). Company insiders that own Occidental Petroleum stock include Avedick Baruyr Poladian, Bob Shearer, Cedric W Burgher, Elisse B Walter, Eugene L Batchelder, Jack B Moore, 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.

OXY stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Woodstock Corp, IBM Retirement Fund, and First PREMIER Bank. View insider buying and selling activity for Occidental Petroleum.

OXY stock was acquired by a variety of institutional investors in the last quarter, including Clarius Group LLC, DNB Asset Management AS, and Tsfg LLC. Company insiders that have bought Occidental Petroleum stock in the last two years include Avedick Baruyr Poladian, Bob Shearer, Cedric W Burgher, Elisse B Walter, Eugene L Batchelder, Jack B Moore, Kenneth Dillon, Marcia E Backus, Margaret M Foran, Oscar K Brown, Vicki A Hollub, and William R Klesse. View insider buying and selling activity for 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.

One share of OXY stock can currently be purchased for approximately $17.28.

Occidental Petroleum has a market capitalization of $15.55 billion and generates $21.23 billion in revenue each year. The oil and gas producer earns $-667,000,000.00 in net income (profit) each year or $1.45 on an earnings per share basis. Occidental Petroleum employs 14,400 workers across the globe.

The official website for Occidental Petroleum is www.oxy.com.

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]