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 15.6% and is now trading at $13.64. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 7 sell ratings, 9 hold ratings, 2 buy ratings and 1 strong buy rating 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 earnings results on Tuesday, May, 5th. The oil and gas producer reported ($0.52) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.63) by $0.11. The oil and gas producer had revenue of $6.45 billion for the quarter, compared to analyst estimates of $5.60 billion. Occidental Petroleum had a negative net margin of 13.85% and a positive return on equity of 1.24%. The firm's revenue was up 57.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.84 EPS. View Occidental Petroleum's earnings history.

Occidental Petroleum declared a quarterly dividend on Friday, February 14th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.79 per share on Wednesday, April 15th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 23.17%. The ex-dividend date of this dividend is Monday, March 9th. View Occidental Petroleum's dividend history.

19 analysts have issued 12 month target prices for Occidental Petroleum's stock. Their forecasts range from $7.00 to $61.00. On average, they expect Occidental Petroleum's share price to reach $24.74 in the next year. This suggests a possible upside of 81.3% from the stock's current price. View analysts' price targets for Occidental Petroleum.

News headlines about OXY stock have trended very negative on Thursday, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Occidental Petroleum earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating 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 aboutOccidental Petroleum.

Some companies that are related to Occidental Petroleum include CNOOC (CEO), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Canadian Natural Resources (CNQ), Rwe Ag Sp (RWEOY), 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.56%), State Street Corp (5.60%), Capital World Investors (1.50%), Geode Capital Management LLC (1.42%), Bank of New York Mellon Corp (0.84%) and Legal & General Group Plc (0.67%). 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 Franklin Resources Inc., American International Group Inc., Wellington Management Group LLP, Healthcare of Ontario Pension Plan Trust Fund, Mackenzie Financial Corp, Adams Asset Advisors LLC, Levin Easterly Partners LLC, and Janus Henderson Group PLC. View insider buying and selling activity for Occidental Petroleum.

OXY stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Prudential PLC, JPMorgan Chase & Co., First Trust Advisors LP, Parametric Portfolio Associates LLC, Clearbridge Investments LLC, Connor Clark & Lunn Investment Management Ltd., and Artemis Investment Management LLP. 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 $13.64.

Occidental Petroleum has a market capitalization of $12.28 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]