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 shares have increased by 36.9% and is now trading at $16.16. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Occidental Petroleum.

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Occidental Petroleum.

Occidental Petroleum will be holding an earnings conference call on Monday, August 10th 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 quarterly earnings results on Tuesday, May, 5th. The oil and gas producer reported ($0.52) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.63) by $0.11. The oil and gas producer earned $6.45 billion during the quarter, compared to analysts' expectations of $5.60 billion. Occidental Petroleum had a negative net margin of 13.85% and a positive return on equity of 1.24%. The company's quarterly revenue was up 57.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.84 EPS. View Occidental Petroleum's earnings history.

Occidental Petroleum announced a quarterly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of $0.01 per share on Wednesday, July 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, June 12th. View Occidental Petroleum's dividend history.

22 Wall Street analysts have issued twelve-month target prices for Occidental Petroleum's stock. Their forecasts range from $7.00 to $59.00. On average, they expect Occidental Petroleum's share price to reach $22.48 in the next year. This suggests a possible upside of 39.1% from the stock's current price. View analysts' price targets for Occidental Petroleum.

Media stories about OXY stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Occidental Petroleum earned a coverage optimism score of -3.6 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Occidental Petroleum.

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY) and TORAY INDUSTRIE/ADR (TRYIY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Occidental Petroleum investors own include Exxon Mobil (XOM), AT&T (T), Apache (APA), Micron Technology (MU), Walt Disney (DIS), Cisco Systems (CSCO), General Electric (GE), Wells Fargo & Co (WFC), Chevron (CVX) and Boeing (BA).

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 Envestnet Asset Management Inc. (0.02%), Core Alternative Capital (0.02%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Dfpg Investments LLC (0.01%) and IFM Investors Pty Ltd (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 State of Alaska Department of Revenue, Core Alternative Capital, Envestnet Asset Management Inc., IFM Investors Pty Ltd, Peoples Financial Services CORP., KG&L Capital Management LLC, Woodstock Corp, and IBM Retirement Fund. View insider buying and selling activity for Occidental Petroleum.

OXY stock was acquired by a variety of institutional investors in the last quarter, including Dfpg Investments LLC, FNY Investment Advisers LLC, Guardian Investment Management, NuWave Investment Management LLC, Clarius Group LLC, DNB Asset Management AS, Regal Wealth Group Inc., and Global Retirement Partners 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 $16.16.

Occidental Petroleum has a market capitalization of $14.54 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]