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 stock has increased by 45.3% and is now trading at $17.15. 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 earnings results on Tuesday, May, 5th. The oil and gas producer reported ($0.52) earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $5.60 billion. Occidental Petroleum had a negative net margin of 13.85% and a positive return on equity of 1.24%. The company's revenue was up 57.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.84 earnings per share. View Occidental Petroleum's earnings history.

Occidental Petroleum announced a quarterly dividend on Monday, June 1st. Shareholders 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 equities research analysts have issued twelve-month price targets for Occidental Petroleum's stock. Their forecasts range from $7.00 to $59.00. On average, they expect Occidental Petroleum's stock price to reach $22.28 in the next year. This suggests a possible upside of 29.9% from the stock's current price. View analysts' price targets for Occidental Petroleum.

Media coverage about OXY stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, 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 assigned 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 impact on the stock's share price in the near term. 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."

Occidental Petroleum's stock is owned by many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.02%), Woodstock Corp (0.00%), Tsfg LLC (0.00%) and First PREMIER Bank (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, Woodstock Corp, 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 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 $17.15.

Occidental Petroleum has a market capitalization of $15.44 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]