NYSE:OXYOccidental 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. Since then, OXY stock has increased by 50.7% and is now trading at $17.78. 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) announced its earnings results on Tuesday, May, 5th. The oil and gas producer reported ($0.52) earnings per share for the quarter, topping analysts' consensus estimates of ($0.63) by $0.11. The oil and gas producer earned $6.45 billion during the quarter, compared to analyst estimates 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 prior year, the firm posted $0.84 EPS. View Occidental Petroleum's earnings history.

Occidental Petroleum declared a quarterly dividend on Monday, June 1st. Investors 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 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend is Friday, June 12th. View Occidental Petroleum's dividend history.

22 analysts have issued 12-month price targets for Occidental Petroleum's shares. Their forecasts range from $7.00 to $59.00. On average, they anticipate Occidental Petroleum's share price to reach $22.28 in the next year. This suggests a possible upside of 25.3% from the stock's current price. View analysts' price targets for Occidental Petroleum.

News coverage about OXY stock has been trending negative recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring 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 -2.2 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View the latest news about Occidental Petroleum.

Some companies that are related to Occidental Petroleum include PetroChina (PTR), 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) and GALP ENERGIA SG/ADR (GLPEY). 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."

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 $17.78.

Occidental Petroleum has a market capitalization of $16.00 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]