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 (WHO). Since then, OXY shares have increased by 39.7% and is now trading at $16.48.
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22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 8 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Occidental Petroleum.

Occidental Petroleum Co. (NYSE:OXY) announced its quarterly earnings results on Monday, August, 10th. The oil and gas producer reported ($1.76) earnings per share for the quarter, missing the consensus estimate of ($1.68) by $0.08. The oil and gas producer earned $2.98 billion during the quarter, compared to analyst estimates of $3.85 billion. Occidental Petroleum had a positive return on equity of 1.24% and a negative net margin of 13.85%. The company's revenue was down 33.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.97 earnings per share.
View Occidental Petroleum's earnings history.

Occidental Petroleum announced a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of $0.01 per share on Wednesday, July 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date is Friday, June 12th.
View Occidental Petroleum's dividend history.

22 brokerages have issued twelve-month price targets for Occidental Petroleum's shares. Their forecasts range from $7.00 to $59.00. On average, they anticipate Occidental Petroleum's stock price to reach $21.73 in the next year. This suggests a possible upside of 31.8% from the stock's current price.
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Headlines about OXY stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of -1.4 on InfoTrie's scale. They also gave news articles 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 company's share price in the next several days.
View the latest news about Occidental Petroleum.

Occidental Petroleum saw a increase in short interest in January. As of January 15th, there was short interest totaling 27,920,000 shares, an increase of 31.4% from the December 31st total of 21,250,000 shares. Based on an average daily trading volume, of 10,790,000 shares, the short-interest ratio is presently 2.6 days. Approximately 3.1% of the shares of the company are short sold.
View Occidental Petroleum's Short Interest.

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Rwe Ag Sp (RWEOY), Ecopetrol (EC), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), Encana (ECA), WOODSIDE PET LT/ADR (WOPEY), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY) and Cabot Oil & Gas (COG).
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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), Wells Fargo & Co (WFC), Chevron (CVX), Walt Disney (DIS), Intel (INTC) and General Electric (GE).

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

Occidental Petroleum's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Adams Asset Advisors LLC (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Swiss National Bank (0.38%), Principal Financial Group Inc. (0.18%), First Trust Advisors LP (0.16%) and New York State Teachers Retirement System (0.14%). 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 Russell Investments Group Ltd., First Trust Advisors LP, New York State Common Retirement Fund, Alps Advisors Inc., Raymond James Financial Services Advisors Inc., Strs Ohio, PNC Financial Services Group Inc., and State of Alaska Department of Revenue.
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OXY stock was purchased by a variety of institutional investors in the last quarter, including Duality Advisers LP, Principal Financial Group Inc., Rafferty Asset Management LLC, Great Lakes Advisors LLC, Prime Capital Investment Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank, First Citizens Bank & Trust Co., and Jacobi Capital 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.

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 $16.48.

Occidental Petroleum has a market capitalization of $15.13 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.

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]