Occidental Petroleum Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last twelve months. There are currently 4 sell ratings, 7 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.
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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.
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Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Occidental Petroleum.

Occidental Petroleum Co. (NYSE:OXY) posted its quarterly earnings results on Sunday, May, 9th. The oil and gas producer reported ($0.15) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.33) by $0.18. The oil and gas producer earned $5.29 billion during the quarter, compared to analyst estimates of $4.64 billion. Occidental Petroleum had a negative net margin of 85.93% and a negative trailing twelve-month return on equity of 29.82%. The company's revenue for the quarter 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.

Occidental Petroleum's stock was trading at $11.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OXY stock has increased by 158.8% and is now trading at $30.54.
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Occidental Petroleum announced a quarterly dividend on Thursday, May 6th. Investors 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 annualized dividend and a yield of 0.13%. The ex-dividend date is Wednesday, June 9th.
View Occidental Petroleum's dividend history.

Occidental Petroleum pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.14%.
View Occidental Petroleum's dividend history.

21 brokerages have issued 1 year target prices for Occidental Petroleum's shares. Their forecasts range from $12.00 to $36.00. On average, they anticipate Occidental Petroleum's stock price to reach $26.00 in the next twelve months. This suggests that the stock has a possible downside of 14.9%.
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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.

Some companies that are related to Occidental Petroleum include PetroChina (PTR), Petróleo Brasileiro S.A. - Petrobras (PBR), EOG Resources (EOG), ENI (E), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), RWE Aktiengesellschaft (RWEOY), Cenovus Energy (CVE), Devon Energy (DVN), Woodside Petroleum (WOPEY), Diamondback Energy (FANG), Continental Resources (CLR) and Toray Industries (TRYIY).
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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 a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.19%), Appaloosa LP (0.90%), Adams Asset Advisors LLC (0.39%), Swiss National Bank (0.38%), Nuveen Asset Management LLC (0.35%) and Sumitomo Mitsui Trust Holdings Inc. (0.32%). Company insiders that own Occidental Petroleum stock include Bob Shearer, Carl C Icahn, Cedric W Burgher, Elisse B Walter, Jack B Moore, Kenneth Dillon, Margaret M Foran, Oscar K Brown 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 Renaissance Technologies LLC, Weiss Multi Strategy Advisers LLC, Mirae Asset Global Investments Co. Ltd., South Dakota Investment Council, Dupont Capital Management Corp, Anomaly Capital Management LP, Cubist Systematic Strategies LLC, and National Pension Service.
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OXY stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Paulson & CO. Inc., Point72 Asset Management L.P., Nuveen Asset Management LLC, DSAM Partners London Ltd, APG Asset Management N.V., Arctis Global LLC, and Lazard Asset Management LLC. Company insiders that have bought Occidental Petroleum stock in the last two years include Bob Shearer, Cedric W Burgher, Elisse B Walter, Jack B Moore, Kenneth Dillon, Margaret M Foran, Oscar K Brown, and William R Klesse.
View insider buying and selling activity for Occidental Petroleum or or view top insider-buying stocks.

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.
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One share of OXY stock can currently be purchased for approximately $30.54.

Occidental Petroleum has a market capitalization of $28.51 billion and generates $16.26 billion in revenue each year. The oil and gas producer earns $-14,831,000,000.00 in net income (profit) each year or ($3.91) on an earnings per share basis.

Occidental Petroleum employs 11,800 workers across the globe.

The following companies are subsidiares of Occidental Petroleum: Anadarko Petroleum.

Occidental Petroleum was founded in 1920.

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

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

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]