Occidental Petroleum Stock Forecast, Price & News

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OXY stock has decreased by 23.9% and is now trading at $8.98.
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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 5 sell ratings, 10 hold ratings and 7 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 9th 2020.
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Occidental Petroleum will be holding an earnings conference call on Monday, November 9th 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) announced its quarterly earnings results on Monday, August, 10th. The oil and gas producer reported ($1.76) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.68) by $0.08. The oil and gas producer had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $3.85 billion. Occidental Petroleum had a negative net margin of 54.47% and a negative return on equity of 8.97%. The firm's revenue for the quarter was down 33.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.97 EPS.
View Occidental Petroleum's earnings history.

Occidental Petroleum declared a quarterly dividend on Thursday, September 3rd. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.01 per share on Thursday, October 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date is Monday, September 14th.
View Occidental Petroleum's dividend history.

22 equities research analysts have issued 1-year price objectives 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 $18.50 in the next year. This suggests a possible upside of 106.0% from the stock's current price.
View analysts' price targets for Occidental Petroleum.

Some companies that are related to Occidental Petroleum include The Hong Kong and China Gas (HOKCY), ENI (E), Rwe Ag Sp (RWEOY), EOG Resources (EOG), Ecopetrol (EC), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), Encana (ECA), Woodside Petroleum (WOPEY), (DEN) (DEN), Concho Resources (CXO), Toray Industries (TRYIY), Cabot Oil & Gas (COG), GALP ENERGIA SG/ADR (GLPEY) and Continental Resources (CLR).
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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 many different institutional and retail investors. Top institutional investors include Adams Asset Advisors LLC (0.49%), State of New Jersey Common Pension Fund D (0.06%), Livingston Group Asset Management CO operating as Southport Capital Management (0.06%), Standard Life Aberdeen plc (0.06%), Nisa Investment Advisors LLC (0.03%) and Xponance Inc. (0.03%). 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 Robeco Institutional Asset Management B.V., KBC Group NV, Xponance Inc., GFG Capital LLC, Standard Life Aberdeen plc, DNB Asset Management AS, State of Michigan Retirement System, and Nissay Asset Management Corp Japan ADV.
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OXY stock was acquired by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC, Livingston Group Asset Management CO operating as Southport Capital Management, Dfpg Investments LLC, Bell & Brown Wealth Advisors LLC, Avantax Advisory Services Inc., State of Alaska Department of Revenue, Regis Management CO LLC, and Regis Management CO 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 $8.98.

Occidental Petroleum has a market capitalization of $8.35 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]