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NYSE:OXY

Occidental Petroleum Stock Forecast, Price & News

$11.65
-0.21 (-1.77 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$11.47
Now: $11.65
$12.09
50-Day Range
$10.17
MA: $13.45
$17.03
52-Week Range
$9.00
Now: $11.65
$47.58
Volume39.86 million shs
Average Volume32.22 million shs
Market Capitalization$10.84 billion
P/E RatioN/A
Dividend Yield0.34%
Beta1.82
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.6Dividend Strength: 0.8Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.54 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryIntegrated Oil & Gas
CUSIP67459910
Phone713-215-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.23 billion
Cash Flow$9.17 per share
Book Value$27.39 per share

Profitability

Net Income$-667,000,000.00

Miscellaneous

Employees14,400
Market Cap$10.84 billion
Next Earnings Date11/2/2020 (Estimated)
OptionableOptionable
$11.65
-0.21 (-1.77 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Occidental Petroleum (NYSE:OXY) Frequently Asked Questions

How has Occidental Petroleum's stock been impacted by Coronavirus?

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 decreased by 1.3% and is now trading at $11.65.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Occidental Petroleum?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 5 sell ratings, 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Occidental Petroleum
.

When is Occidental Petroleum's next earnings date?

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Occidental Petroleum
.

How were Occidental Petroleum's earnings last quarter?

Occidental Petroleum Co. (NYSE:OXY) released its quarterly earnings results on Monday, August, 10th. The oil and gas producer reported ($1.76) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.68) by $0.08. The oil and gas producer earned $2.98 billion during the quarter, compared to analysts' expectations of $3.85 billion. Occidental Petroleum had a negative net margin of 54.47% and a negative return on equity of 8.97%. The firm's quarterly revenue was down 33.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.97 earnings per share.
View Occidental Petroleum's earnings history
.

How often does Occidental Petroleum pay dividends? What is the dividend yield for Occidental Petroleum?

Occidental Petroleum announced a quarterly dividend on Thursday, September 3rd. Investors of record on Tuesday, September 15th will be given a dividend of $0.01 per share on Thursday, October 15th. This represents a $0.04 annualized dividend and a yield of 0.34%. The ex-dividend date is Monday, September 14th.
View Occidental Petroleum's dividend history
.

What price target have analysts set for OXY?

21 brokerages have issued 1 year price objectives for Occidental Petroleum's stock. Their forecasts range from $7.00 to $41.00. On average, they anticipate Occidental Petroleum's share price to reach $18.28 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price.
View analysts' price targets for Occidental Petroleum
.

Are investors shorting Occidental Petroleum?

Occidental Petroleum saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 40,060,000 shares, a decline of 17.6% from the July 30th total of 48,600,000 shares. Based on an average daily trading volume, of 33,750,000 shares, the short-interest ratio is presently 1.2 days.
View Occidental Petroleum's Short Interest
.

Who are some of Occidental Petroleum's key competitors?

What other stocks do shareholders of Occidental Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Occidental Petroleum investors own include Exxon Mobil (XOM), AT&T (T), Micron Technology (MU), Boeing (BA), Cisco Systems (CSCO), Intel (INTC), Wells Fargo & Company (WFC), Chevron (CVX), Pfizer (PFE) and Walt Disney (DIS).

Who are Occidental Petroleum's key executives?

Occidental Petroleum's management team includes the following people:
  • Ms. Vicki A. Hollub, Pres, CEO & Director (Age 59)
  • Mr. Cedric W. Burgher CFA, Sr. VP & CFO (Age 58)
  • Ms. Marcia E. Backus, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 65)
  • Mr. Edward Arthur Lowe, Exec. VP & Group Chairman of Middle East (Age 68)
  • Mr. Glenn M. Vangolen, Sr. VP of Bus. Support (Age 60)

What is Occidental Petroleum's stock symbol?

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

Who are Occidental Petroleum's major shareholders?

Occidental Petroleum's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.14%), Bank of New York Mellon Corp (0.80%), Charles Schwab Investment Management Inc. (0.70%), Adams Asset Advisors LLC (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.40%) and Swiss National Bank (0.38%). 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
.

Which major investors are selling Occidental Petroleum stock?

OXY stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Russell Investments Group Ltd., First Trust Advisors LP, Personal Capital Advisors Corp, New York State Common Retirement Fund, Neuberger Berman Group LLC, Alps Advisors Inc., and Great West Life Assurance Co. Can.
View insider buying and selling activity for Occidental Petroleum
.

Which major investors are buying Occidental Petroleum stock?

OXY stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Duality Advisers LP, Bank of Montreal Can, Bank of Nova Scotia, Principal Financial Group Inc., Principal Financial Group Inc., Charles Schwab Investment Management Inc., and Rafferty Asset Management 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
.

How do I buy shares of 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.

What is Occidental Petroleum's stock price today?

One share of OXY stock can currently be purchased for approximately $11.65.

How big of a company is Occidental Petroleum?

Occidental Petroleum has a market capitalization of $10.84 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.

What is Occidental Petroleum's official website?

The official website for Occidental Petroleum is www.oxy.com.

How can I contact Occidental Petroleum?

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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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