NYSE:OXYOccidental Petroleum Stock Price, Forecast & 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 increased by 36.9% and is now trading at $16.16. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 8 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Occidental Petroleum.

Occidental Petroleum is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Occidental Petroleum.

Occidental Petroleum will be holding an earnings conference call on Monday, August 10th 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 Tuesday, May, 5th. The oil and gas producer reported ($0.52) EPS for the quarter, topping the Zacks' consensus estimate of ($0.63) by $0.11. The oil and gas producer earned $6.45 billion during the quarter, compared to analyst estimates of $5.60 billion. Occidental Petroleum had a negative net margin of 13.85% and a positive return on equity of 1.24%. The firm's quarterly revenue was up 57.8% on a year-over-year basis. During the same period last year, the business earned $0.84 earnings per share. View Occidental Petroleum's earnings history.

Occidental Petroleum announced a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.01 per share on Wednesday, July 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.25%. The ex-dividend date of this dividend is Friday, June 12th. View Occidental Petroleum's dividend history.

22 Wall Street analysts have issued 1 year target prices for Occidental Petroleum's shares. Their forecasts range from $7.00 to $59.00. On average, they anticipate Occidental Petroleum's share price to reach $22.48 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View analysts' price targets for Occidental Petroleum.

News coverage about OXY stock has trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Occidental Petroleum earned a news impact score of -3.2 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Occidental Petroleum.

Some companies that are related to Occidental Petroleum include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Rwe Ag Sp (RWEOY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY) and TORAY INDUSTRIE/ADR (TRYIY). View all competitors.

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), Walt Disney (DIS), Cisco Systems (CSCO), General Electric (GE), Wells Fargo & Co (WFC), Chevron (CVX) and Boeing (BA).

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

Occidental Petroleum's stock is owned by a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), IFM Investors Pty Ltd (0.01%), Woodstock Corp (0.00%) and NuWave Investment Management 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.

OXY stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., IFM Investors Pty Ltd, Peoples Financial Services CORP., KG&L Capital Management LLC, Woodstock Corp, IBM Retirement Fund, and Whittier Trust Co.. View insider buying and selling activity for Occidental Petroleum.

OXY stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Guardian Investment Management, NuWave Investment Management LLC, Clarius Group LLC, DNB Asset Management AS, Regal Wealth Group Inc., Global Retirement Partners LLC, and Tsfg 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 $16.16.

Occidental Petroleum has a market capitalization of $14.54 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]