NYSE:OXYOccidental Petroleum Stock Price, Forecast & News

$13.84

+0.40 (+2.98 %)

(As of 04/7/2020 04:00 PM ET)

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Today's Range

$13.62

Now: $13.84▼

$15.20

50-Day Range

$9.69

MA: $22.46▼

$42.97

52-Week Range

$9.00

Now: $13.84▼

$68.83

Volume54.66 million shs

Average Volume27.30 million shs

Market Capitalization$12.39 billion

P/E RatioN/A

Dividend Yield23.51%

Beta1.72

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; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Beat the Market (BTM) Rank^™

3.9 Analyst's Opinion

Consensus Rating
Occidental Petroleum has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on 1 buy rating, 11 hold ratings, and 7 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.26, Occidental Petroleum has a potential upside of 147.5% from its current price of $13.84.
Amount of Analyst Coverage
Occidental Petroleum has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Occidental Petroleum has received 733 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Occidental Petroleum has received 697 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Occidental Petroleum has received 51.26% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Occidental Petroleum is a leading dividend payer. It pays a dividend yield of 23.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Occidental Petroleum has been increasing its dividend for 17 years.
Dividend Coverage
The dividend payout ratio of Occidental Petroleum is 217.93 %. Payout ratios above 75% are not desirable because they may not be sustainable.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Occidental Petroleum insiders have bought more of their company's stock than they have sold. Specifically, they have bought $631,351.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.15% of the stock of Occidental Petroleum is held by insiders.
Percentage Held by Institutions
78.53% of the stock of Occidental Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Occidental Petroleum are expected to decrease by -28.70% in the coming year, from ($3.31) to ($2.36) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Occidental Petroleum is -15.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Occidental Petroleum is -15.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Occidental Petroleum has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.89 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Crude petroleum & natural gas

Sub-IndustryIntegrated Oil & Gas

SectorOils/Energy

Current SymbolNYSE:OXY

Previous Symbol

CUSIP67459910

CIK797468

Webhttp://www.oxy.com/

Phone713-215-7000

Debt

Debt-to-Equity Ratio1.61

Current Ratio1.25

Quick Ratio1.15

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$21.23 billion

Price / Sales0.58

Cash Flow$8.54 per share

Price / Cash Flow1.62

Book Value$27.39 per share

Price / Book0.51

Profitability

EPS (Most Recent Fiscal Year)$1.45

Net Income$-667,000,000.00

Net Margins-2.94%

Return on Equity4.82%

Return on Assets1.46%

Miscellaneous

Employees14,400

Outstanding Shares895,225,000

Market Cap$12.39 billion

Next Earnings Date5/4/2020 (Estimated)

OptionableOptionable

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Occidental Petroleum (NYSE:OXY) Frequently Asked Questions

How has Occidental Petroleum's stock been impacted by COVID-19 (Coronavirus)?

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 increased by 17.3% and is now trading at $13.84. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Occidental Petroleum?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 7 sell ratings, 11 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Occidental Petroleum.

When is Occidental Petroleum's next earnings date?

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Occidental Petroleum.

How were Occidental Petroleum's earnings last quarter?

Occidental Petroleum Co. (NYSE:OXY) posted its quarterly earnings data on Thursday, February, 27th. The oil and gas producer reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.21. The oil and gas producer earned $6.80 billion during the quarter, compared to analyst estimates of $6.37 billion. Occidental Petroleum had a positive return on equity of 4.82% and a negative net margin of 2.94%. Occidental Petroleum's revenue for the quarter was up 41.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.22 earnings per share. View Occidental Petroleum's earnings history.

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

Occidental Petroleum declared a quarterly dividend on Friday, February 14th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.79 per share on Wednesday, April 15th. This represents a $3.16 dividend on an annualized basis and a yield of 22.83%. The ex-dividend date is Monday, March 9th. View Occidental Petroleum's dividend history.

What price target have analysts set for OXY?

20 equities research analysts have issued 1 year price targets for Occidental Petroleum's shares. Their forecasts range from $7.00 to $76.00. On average, they anticipate Occidental Petroleum's share price to reach $34.26 in the next year. This suggests a possible upside of 147.5% from the stock's current price. View analysts' price targets for Occidental Petroleum.

Has Occidental Petroleum been receiving favorable news coverage?

Press coverage about OXY stock has trended very negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Occidental Petroleum earned a coverage optimism score of -3.3 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 media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutOccidental Petroleum.

Are investors shorting Occidental Petroleum?

Occidental Petroleum saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 50,887,300 shares, an increase of 110.2% from the February 27th total of 24,210,000 shares. Based on an average daily trading volume, of 14,690,000 shares, the short-interest ratio is currently 3.5 days. Currently, 5.7% of the company's shares are sold short. View Occidental Petroleum's Current Options Chain.

Who are some of Occidental Petroleum's key competitors?

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), ENI (E), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), EOG Resources (EOG), Canadian Natural Resources (CNQ), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), Cabot Oil & Gas (COG), TORAY INDUSTRIE/ADR (TRYIY) and Diamondback Energy (FANG).

What other stocks do shareholders of Occidental Petroleum own?

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), Chevron (CVX), Cisco Systems (CSCO), Endologix (ELGX), Chipotle Mexican Grill (CMG), Intel (INTC) and Walt Disney (DIS).

Who are Occidental Petroleum's key executives?

Occidental Petroleum's management team includes the following 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)

What is Occidental Petroleum's stock symbol?

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

Who are Occidental Petroleum's major shareholders?

Occidental Petroleum's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%), Woodstock Corp (0.01%), IBM Retirement Fund (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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.

Which major investors are selling Occidental Petroleum stock?

OXY stock was sold by a variety of institutional investors in the last quarter, including Woodstock Corp. View insider buying and selling activity for Occidental Petroleum.

Which major investors are buying Occidental Petroleum stock?

OXY stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, IBM Retirement Fund, and Nelson Van Denburg & Campbell Wealth Management Group 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Occidental Petroleum's stock price today?

One share of OXY stock can currently be purchased for approximately $13.84.

How big of a company is Occidental Petroleum?

Occidental Petroleum has a market capitalization of $12.39 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. View additional information about Occidental Petroleum.

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]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

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NYSE:OXYOccidental Petroleum Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.9 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage