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

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

Occidental Petroleum announced a quarterly dividend on Friday, February 14th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.79 per share on Wednesday, April 15th. This represents a $3.16 annualized dividend and a yield of 9.65%. The ex-dividend date is Monday, March 9th. View Occidental Petroleum's Dividend History.

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 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 return on equity of 9.98% and a net margin of 6.34%. Occidental Petroleum's revenue was up 41.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.22 EPS. View Occidental Petroleum's Earnings History.

Occidental Petroleum is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Occidental Petroleum.

19 analysts have issued 12 month price targets for Occidental Petroleum's shares. Their forecasts range from $41.00 to $80.00. On average, they anticipate Occidental Petroleum's stock price to reach $57.66 in the next year. This suggests a possible upside of 76.1% from the stock's current price. View Analyst Price Targets for Occidental Petroleum.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 1 sell rating, 12 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Occidental Petroleum.

Press coverage about OXY stock has trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Occidental Petroleum earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Occidental Petroleum.

Occidental Petroleum saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 25,310,000 shares, a decrease of 9.3% from the January 30th total of 27,920,000 shares. Based on an average trading volume of 10,600,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.8% of the shares of the company are short sold. View Occidental Petroleum's Current Options Chain.

Some companies that are related to Occidental Petroleum include Total (TOT), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), PetroChina (PTR), CNOOC (CEO), ENI (E), Ecopetrol (EC), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA) and Concho Resources (CXO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Occidental Petroleum investors own include AT&T (T), Exxon Mobil (XOM), Apache (APA), Micron Technology (MU), Endologix (ELGX), Cisco Systems (CSCO), Chipotle Mexican Grill (CMG), Intel (INTC), General Electric (GE) and Pfizer (PFE).

Occidental Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.08%), Franklin Resources Inc. (3.16%), Macquarie Group Ltd. (2.18%), Capital World Investors (1.44%), Geode Capital Management LLC (1.43%) and Bank of New York Mellon Corp (0.87%). Company insiders that own Occidental Petroleum stock include Avedick Baruyr Poladian, Bob Shearer, Cedric W Burgher, 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 Franklin Resources Inc., Bessemer Group Inc., Bank of New York Mellon Corp, Janus Henderson Group PLC, CIBC Private Wealth Group LLC, FMR LLC, Great West Life Assurance Co. Can and DekaBank Deutsche Girozentrale. View Insider Buying and Selling for Occidental Petroleum.

OXY stock was purchased by a variety of institutional investors in the last quarter, including American International Group Inc., Macquarie Group Ltd., State Street Corp, Renaissance Technologies LLC, Levin Capital Strategies L.P., Prudential Financial Inc., Russell Investments Group Ltd. and Advisors Capital Management LLC. Company insiders that have bought Occidental Petroleum stock in the last two years include Avedick Baruyr Poladian, Bob Shearer, Cedric W Burgher, 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 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 $32.74.

Occidental Petroleum has a market capitalization of $29.25 billion and generates $18.93 billion in revenue each year. The oil and gas producer earns $4.13 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.View Additional Information About Occidental Petroleum.

The official website for Occidental Petroleum is http://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]