NYSE:OXY - Occidental Petroleum Stock Price, News, & Analysis

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$67.63 +0.44 (+0.65 %)
(As of 02/20/2019 03:10 AM ET)
Previous Close$67.19
Today's Range$65.64 - $67.75
52-Week Range$56.83 - $87.67
Volume5.08 million shs
Average Volume4.75 million shs
Market Capitalization$51.06 billion
P/E Ratio13.50
Dividend Yield4.64%
Beta0.88
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; operates a crude oil export terminal; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
CUSIP67459910
Phone713-215-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.80 billion
Cash Flow$10.6336 per share
Book Value$28.25 per share

Profitability

Net Income$1.31 billion

Miscellaneous

Employees11,000
Market Cap$51.06 billion
OptionableOptionable

Occidental Petroleum (NYSE:OXY) Frequently Asked Questions

What is Occidental Petroleum's stock symbol?

Occidental Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "OXY."

How often does Occidental Petroleum pay dividends? What is the dividend yield for Occidental Petroleum?

Occidental Petroleum declared a quarterly dividend on Thursday, October 18th. Investors of record on Monday, December 10th will be given a dividend of $0.78 per share on Tuesday, January 15th. This represents a $3.12 annualized dividend and a dividend yield of 4.61%. The ex-dividend date is Friday, December 7th. View Occidental Petroleum's Dividend History.

How were Occidental Petroleum's earnings last quarter?

Occidental Petroleum Co. (NYSE:OXY) released its quarterly earnings results on Tuesday, February, 12th. The oil and gas producer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.12 by $0.10. The oil and gas producer earned $4.80 billion during the quarter, compared to analyst estimates of $4.39 billion. Occidental Petroleum had a net margin of 21.87% and a return on equity of 18.17%. Occidental Petroleum's revenue was up 33.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 EPS. View Occidental Petroleum's Earnings History.

When is Occidental Petroleum's next earnings date?

Occidental Petroleum is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Occidental Petroleum.

What price target have analysts set for OXY?

23 Wall Street analysts have issued 1 year price targets for Occidental Petroleum's shares. Their forecasts range from $70.00 to $105.00. On average, they expect Occidental Petroleum's stock price to reach $83.4444 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for Occidental Petroleum.

What is the consensus analysts' recommendation for Occidental Petroleum?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 1 sell rating, 8 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Occidental Petroleum.

What are Wall Street analysts saying about Occidental Petroleum stock?

Here are some recent quotes from research analysts about Occidental Petroleum stock:
  • 1. Mizuho analysts commented, "We sympathise. Stronger dividend growth ahead? – Cash return growth, ideally via consistent and sustainable dividend growth, is key to our Renaissance thesis, and OXY is best-positioned among US E&P’s to deliver this dividend growth. In its slide deck, OXY highlights a cash return target of greater than $3.1Bn" in 2019. We think the company signals capacity for stronger dividend growth, and certainly want a much stronger effort than the nominal 1c/quarter of the past two years. We will be looking for additional detail on the call. Unconventional EOR – Demonstrating unconventional EOR commercial success in 2019 is a key to delivering on OXY’s 2022 $9.0Bn operating cash flow target. Expect the company to better define the opportunity set for enhanced recovery opportunities in Permian unconventional on the call." (2/13/2019)
  • 2. According to Zacks Investment Research, "In last 12 months Occidental Petroleum's shares have underperformed its industry. Occidental Petroleum’s businesses operate in a highly competitive environment, which could adversely affect its profitability and growth. Occidental Petroleum, like other oil and natural gas companies, faces the risks of cost overruns and development interruptions due to delays in drilling and other approvals. Occidental’s operations are subject to stringent federal, state, local and foreign laws and regulations related to improving or maintaining environmental quality. However, Occidental Petroleum gains from more oil production in the Permian Resources and concentrating on high-margin production region. The ongoing capital investment will further strengthen the existing operation of the company." (1/11/2019)

Has Occidental Petroleum been receiving favorable news coverage?

News stories about OXY stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Occidental Petroleum earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Occidental Petroleum's key competitors?

Who are Occidental Petroleum's key executives?

Occidental Petroleum's management team includes the folowing people:
  • Ms. Vicki A. Hollub, Pres, CEO & Director (Age 59)
  • Mr. Cedric W. Burgher CFA, Sr. VP & CFO (Age 58)
  • Ms. Marcia E. Backus, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 65)
  • Mr. Edward Arthur Lowe, Exec. VP & Group Chairman of Middle East (Age 68)
  • Mr. Glenn M. Vangolen, Sr. VP of Bus. Support (Age 60)

Who are Occidental Petroleum's major shareholders?

Occidental Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.93%), Barrow Hanley Mewhinney & Strauss LLC (1.65%), Macquarie Group Ltd. (1.34%), Bank of New York Mellon Corp (1.34%), Northern Trust Corp (1.31%) and Geode Capital Management LLC (1.21%). Company insiders that own Occidental Petroleum stock include Cedric W Burgher, Stephen I Chazen, Vicki A Hollub and William R Klesse. View Institutional Ownership Trends for Occidental Petroleum.

Which major investors are selling Occidental Petroleum stock?

OXY stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Standard Life Aberdeen plc, MERIAN GLOBAL INVESTORS UK Ltd, Epoch Investment Partners Inc., Bank of New York Mellon Corp, TD Asset Management Inc., Toronto Dominion Bank and Brown Advisory Inc.. View Insider Buying and Selling for Occidental Petroleum.

Which major investors are buying Occidental Petroleum stock?

OXY stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, Macquarie Group Ltd., Nordea Investment Management AB, Bank of Nova Scotia, Great West Life Assurance Co. Can, Brandywine Global Investment Management LLC and Dimensional Fund Advisors LP. Company insiders that have bought Occidental Petroleum stock in the last two years include Cedric W Burgher, Vicki A Hollub and William R Klesse. View Insider Buying and Selling for Occidental Petroleum.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Occidental Petroleum's stock price today?

One share of OXY stock can currently be purchased for approximately $67.63.

How big of a company is Occidental Petroleum?

Occidental Petroleum has a market capitalization of $51.06 billion and generates $4.80 billion in revenue each year. The oil and gas producer earns $1.31 billion in net income (profit) each year or $5.01 on an earnings per share basis. Occidental Petroleum employs 11,000 workers across the globe.

What is Occidental Petroleum's official website?

The official website for Occidental Petroleum is http://www.oxy.com.

How can I contact Occidental Petroleum?

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]


MarketBeat Community Rating for Occidental Petroleum (NYSE OXY)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  632 (Vote Outperform)
Underperform Votes:  587 (Vote Underperform)
Total Votes:  1,219
MarketBeat's community ratings are surveys of what our community members think about Occidental Petroleum and other stocks. Vote "Outperform" if you believe OXY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OXY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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