Occidental Petroleum Stock Forecast, Price & News

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last twelve months. There are currently 4 sell ratings, 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Occidental Petroleum stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OXY, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Occidental Petroleum a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Occidental Petroleum wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Occidental Petroleum.

Occidental Petroleum Co. (NYSE:OXY) released its quarterly earnings data on Sunday, May, 9th. The oil and gas producer reported ($0.15) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.33) by $0.18. The oil and gas producer had revenue of $5.29 billion for the quarter, compared to analysts' expectations of $4.64 billion. Occidental Petroleum had a negative trailing twelve-month return on equity of 15.55% and a negative net margin of 76.17%. The company's revenue for the quarter was down 20.0% on a year-over-year basis. During the same period in the prior year, the company posted ($0.52) EPS.
View Occidental Petroleum's earnings history.

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. Since then, OXY stock has increased by 123.6% and is now trading at $26.39.
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Occidental Petroleum announced a quarterly dividend on Thursday, May 6th. Shareholders of record on Thursday, June 10th will be paid a dividend of $0.01 per share on Thursday, July 15th. This represents a $0.04 annualized dividend and a yield of 0.15%. The ex-dividend date is Wednesday, June 9th.
View Occidental Petroleum's dividend history.

Occidental Petroleum pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.16%. Occidental Petroleum does not yet have a strock track record of dividend growth. The dividend payout ratio of Occidental Petroleum is 2.76%. This payout ratio is at a healthy, sustainable level, below 75%.
View Occidental Petroleum's dividend history.

22 brokers have issued 1 year price objectives for Occidental Petroleum's shares. Their forecasts range from $12.00 to $36.00. On average, they anticipate Occidental Petroleum's share price to reach $25.17 in the next year. This suggests that the stock has a possible downside of 4.6%.
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130 employees have rated Occidental Petroleum CEO Vicki Hollub on Glassdoor.com. Vicki Hollub has an approval rating of 40% among Occidental Petroleum's employees. This puts Vicki Hollub in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Occidental Petroleum include PetroChina (PTR), Petróleo Brasileiro S.A. - Petrobras (PBR), EOG Resources (EOG), ENI (E), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), RWE Aktiengesellschaft (RWEOY), Devon Energy (DVN), Woodside Petroleum (WOPEY), Cenovus Energy (CVE), Diamondback Energy (FANG), Continental Resources (CLR) and Sasol (SSL).
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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), The Boeing (BA), Intel (INTC), Wells Fargo & Company (WFC), Cisco Systems (CSCO), Chevron (CVX), Pfizer (PFE) 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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.19%), Adams Asset Advisors LLC (0.39%), Swiss National Bank (0.38%), Nuveen Asset Management LLC (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.32%) and Rhumbline Advisers (0.14%). Company insiders that own Occidental Petroleum stock include Avedick Baruyr Poladian, Bob Shearer, Carl C Icahn, 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 Renaissance Technologies LLC, Weiss Multi Strategy Advisers LLC, Mirae Asset Global Investments Co. Ltd., South Dakota Investment Council, Dupont Capital Management Corp, National Pension Service, Principal Financial Group Inc., and Livingston Group Asset Management CO operating as Southport Capital Management. Company insiders that have sold Occidental Petroleum company stock in the last year include Carl C Icahn, and Oscar K Brown.
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OXY stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Nuveen Asset Management LLC, DSAM Partners London Ltd, APG Asset Management N.V., Arctis Global LLC, Lazard Asset Management LLC, Adams Asset Advisors LLC, and Optiver Holding B.V.. 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 or or view top insider-buying stocks.

Shares of OXY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OXY stock can currently be purchased for approximately $26.39.

Occidental Petroleum has a market capitalization of $24.63 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 11,800 workers across the globe.

Occidental Petroleum was founded in 1920.

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

Occidental Petroleum is headquartered at 5 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046.

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]