NYSE:OXY - Occidental Petroleum Stock Price, Forecast & News

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OXY stock has decreased by 4.1% and is now trading at $11.32. View which stocks have been mosted impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 7 sell ratings, 10 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 Monday, May 4th 2020. View our earnings forecast for Occidental Petroleum.

Occidental Petroleum Co. (NYSE:OXY) released its quarterly earnings results on Thursday, February, 27th. The oil and gas producer reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.21. The oil and gas producer had revenue of $6.80 billion for the quarter, compared to analysts' expectations of $6.37 billion. Occidental Petroleum had a positive return on equity of 4.82% and a negative net margin of 2.94%. The business's quarterly revenue was up 41.5% on a year-over-year basis. During the same period last year, the business earned $1.22 EPS. View Occidental Petroleum's earnings history.

Occidental Petroleum announced a quarterly dividend on Friday, February 14th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.79 per share on Wednesday, April 15th. This represents a $3.16 annualized dividend and a yield of 27.92%. The ex-dividend date is Monday, March 9th. View Occidental Petroleum's dividend history.

20 brokers have issued 12 month price targets for Occidental Petroleum's shares. Their forecasts range from $7.00 to $76.00. On average, they expect Occidental Petroleum's stock price to reach $36.51 in the next year. This suggests a possible upside of 222.5% from the stock's current price. View analysts' price targets for Occidental Petroleum.

Press coverage about OXY stock has trended negative on Tuesday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Occidental Petroleum earned a news impact score of -2.8 on InfoTrie's scale. They also gave press coverage 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 impact on the stock's share price in the near future. View the latest news aboutOccidental Petroleum.

Occidental Petroleum saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 50,887,300 shares, an increase of 110.2% from the February 27th total of 24,210,000 shares. Based on an average trading volume of 14,690,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 5.7% of the shares of the company are sold short. View Occidental Petroleum's Current Options Chain.

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), ENI (E), The Hong Kong and China Gas (HOKCY), EOG Resources (EOG), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), GALP ENERGIA SG/ADR (GLPEY), Concho Resources (CXO), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG) and Diamondback Energy (FANG).

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), Endologix (ELGX), Chevron (CVX), Chipotle Mexican Grill (CMG), Cisco Systems (CSCO), Intel (INTC) and AbbVie (ABBV).

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

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 $11.32.

Occidental Petroleum has a market capitalization of $10.13 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. View additional information about Occidental Petroleum.

The official website for Occidental Petroleum is http://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]