NYSE:OXYOccidental Petroleum Stock Price, Forecast & News

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OXY stock has increased by 28.5% and is now trading at $15.16.
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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."
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Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
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Occidental Petroleum Co. (NYSE:OXY) issued its earnings results on Monday, August, 10th. The oil and gas producer reported ($1.76) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 13.85% and a positive return on equity of 1.24%. The company's revenue for the quarter was down 33.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.97 EPS.
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 dividend yield of 0.26%. The ex-dividend date is Friday, June 12th.
View Occidental Petroleum's dividend history.

22 brokers have issued 12-month price targets for Occidental Petroleum's shares. Their forecasts range from $7.00 to $59.00. On average, they expect Occidental Petroleum's share price to reach $21.63 in the next year. This suggests a possible upside of 42.6% from the stock's current price.
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News coverage about OXY stock has trended extremely negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Occidental Petroleum earned a media sentiment score of -4.1 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.
View the latest news about Occidental Petroleum.

Occidental Petroleum saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 77,060,000 shares, an increase of 51.4% from the March 15th total of 50,887,300 shares. Based on an average daily trading volume, of 28,210,000 shares, the short-interest ratio is presently 2.7 days.
View Occidental Petroleum's Short Interest.

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), Rwe Ag Sp (RWEOY), Ecopetrol (EC), Pioneer Natural Resources (PXD), Encana (ECA), WOODSIDE PET LT/ADR (WOPEY), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), Cabot Oil & Gas (COG) and TORAY INDUSTRIE/ADR (TRYIY).
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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), Pfizer (PFE), 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 variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.80%), Adams Asset Advisors LLC (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Swiss National Bank (0.38%), Bank of Montreal Can (0.31%) and California Public Employees Retirement System (0.20%). 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 Macquarie Group Ltd., Russell Investments Group Ltd., First Trust Advisors LP, Personal Capital Advisors Corp, New York State Common Retirement Fund, Alps Advisors Inc., State of Wisconsin Investment Board, and Bank of New York Mellon Corp.
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OXY stock was acquired by a variety of institutional investors in the last quarter, including Duality Advisers LP, Bank of Montreal Can, Bank of Nova Scotia, Principal Financial Group Inc., Rafferty Asset Management LLC, Great Lakes Advisors LLC, Teacher Retirement System of Texas, and Prime Capital Investment Advisors 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 $15.16.

Occidental Petroleum has a market capitalization of $13.92 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]