NYSE:OXYOccidental Petroleum Stock Price, Forecast & News

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OXY stock has increased by 18.0% and is now trading at $13.9250. 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, 11 hold ratings, 1 buy rating 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 earnings results on Thursday, February, 27th. The oil and gas producer reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.21. The oil and gas producer had revenue of $6.80 billion for the quarter, compared to the consensus estimate 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 quarter last year, the company earned $1.22 earnings per share. View Occidental Petroleum's earnings history.

Occidental Petroleum declared a quarterly dividend on Friday, February 14th. Stockholders 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 annualized dividend and a yield of 22.69%. The ex-dividend date of this dividend is Monday, March 9th. View Occidental Petroleum's dividend history.

20 analysts have issued twelve-month price objectives for Occidental Petroleum's stock. Their forecasts range from $7.00 to $76.00. On average, they expect Occidental Petroleum's stock price to reach $34.26 in the next year. This suggests a possible upside of 146.0% from the stock's current price. View analysts' price targets for Occidental Petroleum.

News articles about OXY stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutOccidental Petroleum.

Occidental Petroleum saw a increase in short interest in 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 daily trading volume, of 14,690,000 shares, the short-interest ratio is currently 3.5 days. Approximately 5.7% of the company's stock are short sold. 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), Ecopetrol (EC), EOG Resources (EOG), Canadian Natural Resources (CNQ), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), Cabot Oil & Gas (COG), TORAY INDUSTRIE/ADR (TRYIY) 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), Cisco Systems (CSCO), Chevron (CVX), Endologix (ELGX), Chipotle Mexican Grill (CMG), Intel (INTC) and Walt Disney (DIS).

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 State of Alaska Department of Revenue (0.03%), Woodstock Corp (0.01%) and Nelson Van Denburg & Campbell Wealth Management 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 Woodstock Corp. 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 of Alaska Department of Revenue, and Nelson Van Denburg & Campbell Wealth Management Group 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 $13.93.

Occidental Petroleum has a market capitalization of $12.47 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]