About Occidental Petroleum (NYSE:OXY)
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; operates a crude oil export terminal; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryIntegrated Oil & Gas
Trailing P/E Ratio86.25
Forward P/E Ratio26.86
Sales & Book Value
Annual Sales$13.27 billion
Price / Sales4.43
Cash Flow$6.1554 per share
Price / Cash12.48
Book Value$26.88 per share
Price / Book2.86
EPS (Most Recent Fiscal Year)$0.89
Net Income$1.31 billion
Return on Equity3.29%
Return on Assets1.63%
Occidental Petroleum (NYSE:OXY) Frequently Asked Questions
What is Occidental Petroleum's stock symbol?
Occidental Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "OXY."
How often does Occidental Petroleum pay dividends? What is the dividend yield for Occidental Petroleum?
Occidental Petroleum announced a quarterly dividend on Thursday, February 8th. Stockholders of record on Friday, March 9th will be given a dividend of $0.77 per share on Monday, April 16th. This represents a $3.08 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, March 8th. View Occidental Petroleum's Dividend History.
How were Occidental Petroleum's earnings last quarter?
Occidental Petroleum (NYSE:OXY) released its earnings results on Tuesday, February, 13th. The oil and gas producer reported $0.41 EPS for the quarter, meeting the consensus estimate of $0.41. The oil and gas producer had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.54 billion. Occidental Petroleum had a net margin of 9.88% and a return on equity of 3.29%. During the same period last year, the company posted ($0.13) earnings per share. View Occidental Petroleum's Earnings History.
When is Occidental Petroleum's next earnings date?
What price target have analysts set for OXY?
18 equities research analysts have issued 1 year price targets for Occidental Petroleum's shares. Their predictions range from $47.00 to $86.00. On average, they anticipate Occidental Petroleum's stock price to reach $73.2667 in the next twelve months. View Analyst Ratings for Occidental Petroleum.
What are Wall Street analysts saying about Occidental Petroleum stock?
Here are some recent quotes from research analysts about Occidental Petroleum stock:
- 1. According to Zacks Investment Research, "As Oil prices continue to improve, Occidental Petroleum gains from more oil production in the Permian Resources and concentrating on high-margin production region. The ongoing capital investment fundamental strength of the company will help it overcome the adverse impact from natural disasters. The company generates stable cash flow and its Chemical plant will further improve its cash flow. Shares of Occidental Petroleum have underperformed the industry’s rally in the last six months. Occidental Petroleum, like other oil and natural gas companies, faces the risks of cost overruns and development interruptions due to delays in drilling and other approvals, property or border disputes and equipment failures." (3/13/2018)
- 2. Jefferies Group LLC analysts commented, "OXY adjusted EPS of $0.15 beat our estimate of $0.10 and the consensus of $0.09, with the positive variance compared to our estimate due primarily to better Chemical earnings." (5/5/2017)
Who are some of Occidental Petroleum's key competitors?
Some companies that are related to Occidental Petroleum include Petrobras (PBR), Petroleo Brasileiro SA Petrobras (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), Ecopetrol (EC), Canadian Natural Resources (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Continental Resources (CLR), Sasol (SSL), Concho Resources (CXO), Devon Energy (DVN), Noble Energy (NBL), RWE (RWEOY), Apache (APA) and Toray Industries (TRYIY).
Who are Occidental Petroleum's key executives?
Occidental Petroleum's management team includes the folowing people:
- Ms. Vicki A. Hollub, Pres, CEO & Director (Age 58)
- Ms. Marcia E. Backus, Chief Compliance Officer, Sr. VP & Gen. Counsel (Age 64)
- Mr. Edward Arthur Lowe, Exec. VP & Group Chairman of Middle East (Age 67)
- Mr. Glenn M. Vangolen, Sr. VP of Bus. Support (Age 59)
- Mr. Cedric W. Burgher CFA, Sr. VP & Chief Financial Officer (Age 57)
Has Occidental Petroleum been receiving favorable news coverage?
Media stories about OXY stock have trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Occidental Petroleum earned a news sentiment score of 0.16 on Accern's scale. They also assigned news headlines about the oil and gas producer an impact score of 44.54 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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, Scottrade, Fidelity and Charles Schwab.
What is Occidental Petroleum's stock price today?
One share of OXY stock can currently be purchased for approximately $76.82.
How big of a company is Occidental Petroleum?
Occidental Petroleum has a market capitalization of $58.51 billion and generates $13.27 billion in revenue each year. The oil and gas producer earns $1.31 billion in net income (profit) each year or $0.89 on an earnings per share basis. Occidental Petroleum employs 11,000 workers across the globe.
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]
MarketBeat Community Rating for Occidental Petroleum (OXY)MarketBeat's community ratings are surveys of what our community members think about Occidental Petroleum and other stocks. Vote "Outperform" if you believe OXY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OXY will underperform the S&P 500 over the long term. You may vote once every thirty days.
Occidental Petroleum (NYSE:OXY) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
18 Wall Street analysts have issued ratings and price targets for Occidental Petroleum in the last 12 months. Their average twelve-month price target is $73.2667, suggesting that the stock has a possible downside of 4.63%. The high price target for OXY is $86.00 and the low price target for OXY is $47.00. There are currently 1 sell rating, 12 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.22||2.16||2.17||2.22|
|Ratings Breakdown: ||1 Sell Rating(s)|
12 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
14 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
13 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$73.2667||$71.50||$67.7143||$65.7333|
|Price Target Upside: ||4.63% downside||9.70% upside||10.37% downside||1.69% upside|
Occidental Petroleum (NYSE:OXY) Consensus Price Target History
Occidental Petroleum (NYSE:OXY) Analyst Ratings History
(Data available from 4/23/2016 forward)
Occidental Petroleum (NYSE:OXY) Dividend Information
Occidental Petroleum pays an annual dividend of $3.08 per share, with a dividend yield of 4.01%. OXY's most recent quarterly dividend payment was Monday, April 16. The company has grown its dividend for the last 15 consecutive years and is increasing its dividend by an average of -6.60% each year. Occidental Petroleum pays out 346.07% of its earnings out as a dividend.
|Most Recent Dividend:||4/16/2018|
|Dividend Growth:||-6.60% (3 Year Average)|
|Payout Ratio:||346.07% (Trailing 12 Months of Earnings) |
107.69% (Based on This Year's Estimates)
106.21% (Based on Next Year's Estimates)
|Track Record:||15 Years of Consecutive Dividend Growth|
Occidental Petroleum (NYSE:OXY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Occidental Petroleum (NYSE OXY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.14%
Institutional Ownership Percentage: 82.74%
Occidental Petroleum (NYSE OXY) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/9/2017||William R Klesse||Director||Buy||10,000||$61.58||$615,800.00||70,692|| |
|6/7/2017||Cedric W Burgher||CFO||Buy||1,700||$59.85||$101,745.00||44,124|| |
|5/11/2017||Stephen I Chazen||Director||Sell||4,000||$60.53||$242,120.00||1,460,619|| |
|5/4/2017||Stephen I Chazen||Director||Sell||4,000||$59.47||$237,880.00||1,464,619|| |
|4/27/2017||Stephen I Chazen||Director||Sell||4,000||$61.77||$247,080.00||1,468,619|| |
|4/20/2017||Stephen I Chazen||Director||Sell||4,000||$62.88||$251,520.00||1,472,619|| |
|4/13/2017||Stephen I Chazen||Director||Sell||4,000||$64.40||$257,600.00||1,476,619|| |
|4/6/2017||Stephen I Chazen||Director||Sell||4,000||$63.52||$254,080.00||1,480,619|| |
|3/30/2017||Stephen I Chazen||Director||Sell||4,000||$63.63||$254,520.00||1,484,619|| |
|3/23/2017||Stephen I Chazen||Director||Sell||4,000||$63.55||$254,200.00||1,488,619|| |
|3/16/2017||Stephen I Chazen||Director||Sell||4,000||$63.27||$253,080.00||1,492,619|| |
|3/13/2017||Vicki A Hollub||Insider||Buy||15,000||$62.72||$940,800.00||76,018|| |
|3/9/2017||Stephen I Chazen||Director||Sell||4,000||$62.97||$251,880.00||1,496,619|| |
|3/2/2017||Stephen I Chazen||Director||Sell||4,000||$65.49||$261,960.00||1,500,619|| |
|2/23/2017||Stephen I Chazen||Director||Sell||4,000||$66.26||$265,040.00||1,529,619|| |
|2/16/2017||Stephen I Chazen||Director||Sell||4,000||$66.42||$265,680.00||1,533,619|| |
|2/9/2017||Stephen I Chazen||Director||Sell||4,000||$67.33||$269,320.00||1,537,719|| |
|2/2/2017||Stephen I Chazen||Director||Sell||4,000||$68.00||$272,000.00||1,541,619|| |
|1/26/2017||Stephen I Chazen||Director||Sell||4,000||$68.30||$273,200.00||1,545,619|| |
|1/19/2017||Stephen I Chazen||Director||Sell||4,000||$69.10||$276,400.00||1,549,619|| |
|1/12/2017||Stephen I Chazen||Director||Sell||4,000||$69.60||$278,400.00||1,553,619|| |
|1/5/2017||Stephen I Chazen||Director||Sell||4,000||$71.42||$285,680.00||1,558,219|| |
|12/29/2016||Stephen I Chazen||Director||Sell||4,000||$71.81||$287,240.00||1,561,619|| |
|12/23/2016||William R Klesse||Director||Buy||10,000||$72.15||$721,500.00||57,940|| |
|12/22/2016||Stephen I Chazen||Director||Sell||4,000||$72.40||$289,600.00||1,565,619|| |
|12/15/2016||Stephen I Chazen||Director||Sell||4,000||$71.66||$286,640.00||1,569,619|| |
|12/8/2016||Stephen I Chazen||Director||Sell||4,000||$69.61||$278,440.00||1,573,619|| |
|12/1/2016||Stephen I Chazen||Director||Sell||4,000||$69.94||$279,760.00||1,577,619|| |
|11/25/2016||Stephen I Chazen||Director||Sell||2,000||$69.81||$139,620.00||1,579,619|| |
|11/22/2016||Stephen I Chazen||Director||Sell||2,000||$69.12||$138,240.00||1,581,619|| |
|11/17/2016||Stephen I. Chazen||Director||Sell||4,000||$68.31||$273,240.00||1,585,619|| |
|11/14/2016||William R Klesse||Director||Buy||10,000||$64.89||$648,900.00||47,940|| |
|11/10/2016||Stephen I Chazen||Director||Sell||9,000||$66.54||$598,860.00||1,592,119|| |
|11/3/2016||Stephen I Chazen||Director||Sell||9,000||$68.16||$613,440.00||1,603,714|| |
|10/27/2016||Stephen I Chazen||Director||Sell||9,000||$74.36||$669,240.00||1,610,119|| |
|10/20/2016||Stephen I Chazen||Director||Sell||9,000||$73.11||$657,990.00||1,619,119|| |
|10/13/2016||Stephen I Chazen||Director||Sell||9,000||$73.80||$664,200.00||1,628,119|| |
|10/6/2016||Stephen I Chazen||Director||Sell||9,000||$73.19||$658,710.00||1,637,119|| |
|9/29/2016||Stephen I Chazen||Director||Sell||9,000||$70.50||$634,500.00||1,646,119|| |
|9/22/2016||Stephen I Chazen||Director||Sell||9,000||$71.48||$643,320.00||1,655,119|| |
|9/15/2016||Stephen I Chazen||Director||Sell||9,000||$73.05||$657,450.00||1,664,119|| |
|9/8/2016||Stephen I Chazen||Director||Sell||9,000||$77.64||$698,760.00||1,673,119|| |
|9/1/2016||Stephen I Chazen||Director||Sell||9,000||$77.00||$693,000.00||1,702,119|| |
|8/25/2016||Stephen I Chazen||Director||Sell||9,000||$77.06||$693,540.00||1,711,119|| |
|8/18/2016||Stephen I Chazen||Director||Sell||9,000||$76.06||$684,540.00||1,720,119|| |
|8/11/2016||Stephen I Chazen||Director||Sell||9,000||$74.21||$667,890.00||1,729,119|| |
|8/4/2016||Stephen I Chazen||Director||Sell||9,000||$73.76||$663,840.00||1,738,119|| |
|7/28/2016||Stephen I Chazen||Director||Sell||5,000||$73.95||$369,750.00||1,745,119|| |
|7/21/2016||Stephen I Chazen||Director||Sell||5,000||$76.24||$381,200.00||1,750,119|| |
|7/14/2016||Stephen I Chazen||Director||Sell||5,000||$77.21||$386,050.00||1,755,119|| |
|7/7/2016||Stephen I Chazen||Director||Sell||5,000||$75.33||$376,650.00||1,760,119|| |
|6/30/2016||Stephen I Chazen||Director||Sell||5,000||$74.47||$372,350.00||1,765,119|| |
|6/23/2016||Stephen I Chazen||Director||Sell||5,000||$77.39||$386,950.00||1,770,119|| |
|6/16/2016||Stephen I Chazen||Director||Sell||5,000||$74.57||$372,850.00||1,775,119|| |
|6/9/2016||Stephen I Chazen||Director||Sell||5,000||$75.65||$378,250.00||1,780,119|| |
|6/2/2016||Stephen I Chazen||Director||Sell||5,000||$75.39||$376,950.00||1,785,119|| |
|5/26/2016||Stephen I Chazen||Director||Sell||5,000||$76.24||$381,200.00||1,790,119|| |
|5/19/2016||Stephen I Chazen||Director||Sell||5,000||$75.48||$377,400.00||1,795,519|| |
|5/12/2016||Stephen I Chazen||Director||Sell||5,000||$76.24||$381,200.00||1,802,619|| |
|5/5/2016||Stephen I Chazen||Director||Sell||5,000||$75.49||$377,450.00||1,840,119|| |
|4/28/2016||Stephen I Chazen||CEO||Sell||5,000||$76.30||$381,500.00||1,845,119|| |
|4/21/2016||Stephen I Chazen||CEO||Sell||5,000||$74.87||$374,350.00||1,850,119|| |
|4/14/2016||Stephen I Chazen||CEO||Sell||5,000||$72.85||$364,250.00||1,855,119|| |
|4/7/2016||Stephen I Chazen||CEO||Sell||5,000||$68.54||$342,700.00||1,860,119|| |
|3/31/2016||Stephen I Chazen||CEO||Sell||5,000||$68.08||$340,400.00||1,865,119|| |
|3/24/2016||Stephen I Chazen||CEO||Sell||5,000||$68.76||$343,800.00||1,870,119|| |
|3/17/2016||Stephen I Chazen||CEO||Sell||5,000||$69.15||$345,750.00||1,875,119|| |
|3/10/2016||Stephen I Chazen||CEO||Sell||5,000||$67.38||$336,900.00||1,880,119|| |
|3/3/2016||Stephen I Chazen||CEO||Sell||5,000||$69.76||$348,800.00||1,885,119|| |
|2/25/2016||Stephen I Chazen||CEO||Sell||5,000||$69.29||$346,450.00||1,890,119|| |
|2/18/2016||Stephen I. Chazen||CEO||Sell||5,000||$68.98||$344,900.00||1,892,619|| |
|2/11/2016||Stephen I. Chazen||CEO||Sell||5,000||$65.39||$326,950.00||1,897,619|| |
|2/4/2016||Stephen I. Chazen||CEO||Sell||5,000||$67.47||$337,350.00||1,902,619|| |
|1/28/2016||Stephen I. Chazen||CEO||Sell||5,000||$64.00||$320,000.00||1,907,619|| |
|1/21/2016||Stephen I. Chazen||CEO||Sell||5,000||$61.34||$306,700.00||1,912,619|| |
|1/14/2016||Stephen I. Chazen||CEO||Sell||5,000||$61.04||$305,200.00||1,916,761|| |
|1/7/2016||Stephen I. Chazen||CEO||Sell||5,000||$66.20||$331,000.00||1,921,761|| |
|12/31/2015||Stephen I. Chazen||CEO||Sell||5,000||$67.55||$337,750.00||1,926,761|| |
|12/24/2015||Stephen I. Chazen||CEO||Sell||5,000||$68.27||$341,350.00||1,931,761|| |
|12/17/2015||Stephen I. Chazen||CEO||Sell||5,000||$67.31||$336,550.00||1,936,761|| |
|12/10/2015||Stephen I. Chazen||CEO||Sell||5,000||$67.97||$339,850.00||1,941,761|| |
|12/3/2015||Stephen I. Chazen||CEO||Sell||5,000||$74.91||$374,550.00||1,946,761|| |
|6/18/2015||John E Feick||Director||Sell||10,000||$79.07||$790,700.00|| |
|12/17/2014||Edward P Djerejian||Director||Sell||20,000||$77.50||$1,550,000.00|| |
|5/27/2014||John E Feick||Director||Sell||10,000||$96.70||$967,000.00|| |
|5/20/2014||William Klesse||Director||Buy||5,000||$95.50||$477,500.00||23,620|| |
|3/25/2014||William Klesse||Director||Buy||5,000||$94.70||$473,500.00||16,838|| |
|12/16/2013||Carlos Gutierrez||Director||Buy||5,000||$91.32||$456,600.00||28,484|| |
|12/5/2013||Eugene Batchelder||Director||Buy||1,000||$93.71||$93,710.00||4,574|| |
|12/3/2013||Eugene Batchelder||Director||Buy||1,000||$94.74||$94,740.00||3,574|| |
|9/19/2013||B Chuck Anderson||VP||Sell||45,506||$92.00||$4,186,552.00||28,922|| |
|8/1/2013||Edward P Djerejian||Director||Sell||17,000||$89.61||$1,523,370.00|| |
|5/23/2013||Margaret M Foran||Director||Buy||1,000||$90.29||$90,290.00|| |
|12/4/2012||Avedick Baruyr Poladian||Director||Buy||5,000||$73.43||$367,150.00|| |
Occidental Petroleum (NYSE OXY) News Headlines
Occidental Petroleum (NYSE:OXY) SEC Filings
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Occidental Petroleum (NYSE:OXY) Income Statement, Balance Sheet and Cash Flow Statement
Occidental Petroleum (NYSE OXY) Stock Chart for Monday, April, 23, 2018