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 stock has increased by 93.8% and is now trading at $22.87.
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22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last twelve months. There are currently 5 sell ratings, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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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538 employees have rated Occidental Petroleum CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among Occidental Petroleum's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Occidental Petroleum.

Occidental Petroleum will be holding an earnings conference call on Tuesday, February 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Occidental Petroleum Co. (NYSE:OXY) issued its earnings results on Saturday, November, 14th. The oil and gas producer reported ($0.84) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.72) by $0.12. The oil and gas producer earned $4.11 billion during the quarter, compared to analysts' expectations of $4.30 billion. Occidental Petroleum had a negative return on equity of 15.55% and a negative net margin of 76.17%. The company's revenue was down 30.0% on a year-over-year basis. During the same period last year, the business posted $0.11 EPS.
View Occidental Petroleum's earnings history.

Occidental Petroleum declared a quarterly dividend on Thursday, November 5th. Shareholders of record on Thursday, December 10th will be paid a dividend of $0.01 per share on Friday, January 15th. This represents a $0.04 annualized dividend and a yield of 0.17%. The ex-dividend date is Wednesday, December 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 0.17%. 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 Wall Street analysts have issued 12-month target prices for Occidental Petroleum's stock. Their forecasts range from $7.00 to $33.00. On average, they anticipate Occidental Petroleum's stock price to reach $18.46 in the next twelve months. This suggests that the stock has a possible downside of 19.3%.
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Some companies that are related to Occidental Petroleum include Petróleo Brasileiro S.A. - Petrobras (PBR), PETROLEO BRASIL/S (PBR.A), PetroChina (PTR), CNOOC (CEO), ENI (E), EOG Resources (EOG), Canadian Natural Resources (CNQ), Ecopetrol (EC), RWE Aktiengesellschaft (RWEOY), The Hong Kong and China Gas (HOKCY), Pioneer Natural Resources (PXD), Woodside Petroleum (WOPEY), Denbury (DEN), Concho Resources (CXO) 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 shareholders include State of Alaska Department of Revenue (0.02%), Livingston Group Asset Management CO operating as Southport Capital Management (0.02%), Dfpg Investments LLC (0.01%), DNB Asset Management AS (0.01%), IFM Investors Pty Ltd (0.01%) and FNY Investment Advisers LLC (0.01%). 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 Livingston Group Asset Management CO operating as Southport Capital Management, NuWave Investment Management LLC, Crossmark Global Holdings Inc., Kestra Advisory Services LLC, State of Alaska Department of Revenue, Bennicas & Associates Inc., Dfpg Investments LLC, and Boenning & Scattergood Inc..
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OXY stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Journey Advisory Group LLC, IFM Investors Pty Ltd, Cumberland Advisors Inc., Louisiana State Employees Retirement System, DNB Asset Management AS, Kovack Advisors Inc., and CX Institutional. 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.
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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.

One share of OXY stock can currently be purchased for approximately $22.87.

Occidental Petroleum has a market capitalization of $21.30 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]