Occidental Petroleum Stock Forecast, Price & News

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OXY shares have increased by 55.8% and is now trading at $18.39.
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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 7 sell ratings, 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Occidental Petroleum or view MarketBeat's top 5 stock picks.

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Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Occidental Petroleum.

Occidental Petroleum Co. (NYSE:OXY) posted its quarterly earnings data on Saturday, November, 14th. The oil and gas producer reported ($0.84) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.72) by $0.12. The oil and gas producer had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.30 billion. Occidental Petroleum had a negative net margin of 54.47% and a negative return on equity of 8.97%. The company's quarterly revenue was down 30.0% on a year-over-year basis. During the same period last year, the business earned $0.11 earnings per share.
View Occidental Petroleum's earnings history.

Occidental Petroleum announced a quarterly dividend on Thursday, November 5th. Investors of record on Thursday, December 10th will be given a dividend of $0.01 per share on Friday, January 15th. This represents a $0.04 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend is Wednesday, December 9th.
View Occidental Petroleum's dividend history.

22 Wall Street analysts have issued 1-year target prices for Occidental Petroleum's shares. Their forecasts range from $7.00 to $41.00. On average, they expect Occidental Petroleum's share price to reach $18.39 in the next year. This suggests that the stock has a possible downside of 0.0%.
View analysts' price targets for Occidental Petroleum.

Occidental Petroleum saw a decline in short interest in November. As of November 15th, there was short interest totaling 34,730,000 shares, a decline of 26.8% from the October 31st total of 47,470,000 shares. Based on an average daily volume of 26,250,000 shares, the short-interest ratio is currently 1.3 days.
View Occidental Petroleum's Short Interest.

Some companies that are related to Occidental Petroleum include PetroChina (PTR), CNOOC (CEO), ENI (E), Canadian Natural Resources (CNQ), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), RWE Aktiengesellschaft (RWEOY), Ecopetrol (EC), Encana (ECA), Pioneer Natural Resources (PXD), Woodside Petroleum (WOPEY), Denbury (DEN), Concho Resources (CXO), Oasis Petroleum (OAS) and Toray Industries (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), 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 institutional and retail investors. Top institutional investors include State Street Corp (5.47%), Adams Asset Advisors LLC (0.49%), Swiss National Bank (0.38%), MFN Partners Management LP (0.33%), UBS Asset Management Americas Inc. (0.31%) and Alps Advisors Inc. (0.19%). 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 State Street Corp, First Trust Advisors LP, Godsey & Gibb Associates, Natixis, Shelton Capital Management, Principal Financial Group Inc., Cibc World Markets Corp, and Los Angeles Capital Management & Equity Research Inc..
View insider buying and selling activity for Occidental Petroleum.

OXY stock was acquired by a variety of institutional investors in the last quarter, including MFN Partners Management LP, Point72 Asset Management L.P., Adams Asset Advisors LLC, Alps Advisors Inc., Livingston Group Asset Management CO operating as Southport Capital Management, Schonfeld Strategic Advisors LLC, Cubist Systematic Strategies LLC, and BNP Paribas Arbitrage SA. 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 $18.39.

Occidental Petroleum has a market capitalization of $17.12 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]