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NYSE:OXY

Occidental Petroleum Stock Forecast, Price & News

$25.71
+0.61 (+2.43 %)
(As of 05/17/2021 10:51 AM ET)
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Today's Range
$24.97
$25.90
50-Day Range
$23.20
$27.76
52-Week Range
$8.52
$32.52
Volume270,153 shs
Average Volume19.43 million shs
Market Capitalization$24.00 billion
P/E RatioN/A
Dividend Yield0.16%
Beta2.35
30 days | 90 days | 365 days | Advanced Chart
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Occidental Petroleum logo

About Occidental Petroleum

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its 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 company's 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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryIntegrated Oil & Gas
CUSIP67459910
Phone713-215-7000
Employees11,800
Year Founded1920

Sales & Book Value

Annual Sales$21.23 billion
Cash Flow$9.25 per share
Book Value$27.39 per share

Profitability

Net Income$-667,000,000.00

Debt

Price-To-Earnings

Miscellaneous

Market Cap$24.00 billion
Next Earnings Date8/9/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.68 out of 5 stars

Oils/Energy Sector

82nd out of 662 stocks

Crude Petroleum & Natural Gas Industry

32nd out of 245 stocks

Analyst Opinion: 2.1Community Rank: 2.5Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Occidental Petroleum (NYSE:OXY) Frequently Asked Questions

Is Occidental Petroleum a buy right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last twelve months. There are currently 4 sell ratings, 8 hold ratings and 10 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.
View analyst ratings for Occidental Petroleum
or view top-rated stocks.

What stocks does MarketBeat like better than Occidental Petroleum?

Wall Street analysts have given Occidental Petroleum a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Occidental Petroleum wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Occidental Petroleum's next earnings date?

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Occidental Petroleum
.

How were Occidental Petroleum's earnings last quarter?

Occidental Petroleum Co. (NYSE:OXY) announced its earnings results on Sunday, May, 9th. The oil and gas producer reported ($0.15) EPS for the quarter, beating analysts' consensus estimates of ($0.33) by $0.18. The oil and gas producer earned $5.29 billion during the quarter, compared to analysts' expectations of $4.64 billion. Occidental Petroleum had a negative trailing twelve-month return on equity of 15.55% and a negative net margin of 76.17%. The business's revenue was down 20.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.52) earnings per share.
View Occidental Petroleum's earnings history
.

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 113.3% and is now trading at $25.17.
View which stocks have been most impacted by COVID-19
.

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

Occidental Petroleum announced a quarterly dividend on Thursday, May 6th. Shareholders of record on Thursday, June 10th will be given a dividend of $0.01 per share on Thursday, July 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.16%. The ex-dividend date is Wednesday, June 9th.
View Occidental Petroleum's dividend history
.

Is Occidental Petroleum a good dividend stock?

Occidental Petroleum pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.16%. 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.

What price target have analysts set for OXY?

22 brokerages have issued 1-year target prices for Occidental Petroleum's stock. Their forecasts range from $12.00 to $32.00. On average, they anticipate Occidental Petroleum's stock price to reach $24.61 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
View analysts' price targets for Occidental Petroleum
or view top-rated stocks among Wall Street analysts.

Who are Occidental Petroleum's key executives?

Occidental Petroleum's management team includes the following people:
  • Ms. Vicki A. Hollub, Pres, CEO & Director (Age 61, Pay $1.89M) (LinkedIn Profile)
  • Mr. Robert L. Peterson, Sr. VP & CFO (Age 50, Pay $1.23M)
  • Mr. Christopher O. Champion, VP, Chief Accounting Officer & Controller (Age 51, Pay $1.57M)
  • Ms. Marcia E. Backus, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 67, Pay $1.26M)
  • Mr. Kenneth Dillon, Sr. VP and Pres of International Oil & Gas Operations (Age 61, Pay $1.12M) (LinkedIn Profile)
  • Ioannis A. Charalambous, Chief Information Officer& VP
  • Jeff Alvarez, VP of Investor Relations (LinkedIn Profile)
  • Ms. Melissa E. Schoeb, VP of Corp. Affairs (Age 53) (LinkedIn Profile)
  • Darin S. Moss, VP of HR
  • Mr. Glenn M. Vangolen, Sr. VP of Bus. Support (Age 62)

What is Vicki Hollub's approval rating as Occidental Petroleum's CEO?

130 employees have rated Occidental Petroleum CEO Vicki Hollub on Glassdoor.com. Vicki Hollub has an approval rating of 40% among Occidental Petroleum's employees. This puts Vicki Hollub in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Occidental Petroleum's key competitors?

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), Micron Technology (MU), The Boeing (BA), Intel (INTC), Wells Fargo & Company (WFC), Cisco Systems (CSCO), Chevron (CVX), Pfizer (PFE) and General Electric (GE).

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 retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.19%), Adams Asset Advisors LLC (0.39%), Swiss National Bank (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Rhumbline Advisers (0.14%) and Principal Financial Group Inc. (0.13%). Company insiders that own Occidental Petroleum stock include Avedick Baruyr Poladian, Bob Shearer, Carl C Icahn, 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 institutional investors are selling Occidental Petroleum stock?

OXY stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Weiss Multi Strategy Advisers LLC, Mirae Asset Global Investments Co. Ltd., South Dakota Investment Council, Dupont Capital Management Corp, National Pension Service, Principal Financial Group Inc., and Livingston Group Asset Management CO operating as Southport Capital Management. Company insiders that have sold Occidental Petroleum company stock in the last year include Carl C Icahn, and Oscar K Brown.
View insider buying and selling activity for Occidental Petroleum
or view top insider-selling stocks.

Which institutional investors are buying Occidental Petroleum stock?

OXY stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, APG Asset Management N.V., Arctis Global LLC, Lazard Asset Management LLC, Adams Asset Advisors LLC, Optiver Holding B.V., NWI Management LP, and CHURCHILL MANAGEMENT Corp. 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Occidental Petroleum's stock price today?

One share of OXY stock can currently be purchased for approximately $25.17.

How much money does Occidental Petroleum make?

Occidental Petroleum has a market capitalization of $23.49 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.

How many employees does Occidental Petroleum have?

Occidental Petroleum employs 11,800 workers across the globe.

When was Occidental Petroleum founded?

Occidental Petroleum was founded in 1920.

What is Occidental Petroleum's official website?

The official website for Occidental Petroleum is www.oxy.com.

Where are Occidental Petroleum's headquarters?

Occidental Petroleum is headquartered at 5 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046.

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 5/17/2021 by MarketBeat.com Staff
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