OXY has been the topic of a number of other research reports. On average, equities research analysts forecast that Occidental Petroleum Corporation will post $1.32 earnings per share for the current fiscal year. In 2015 and 2016, Occidental Petroleum reported much lower cash flows compared to preceding years.
Over the past five trading sessions shares of Occidental Petroleum Corporation (NYSE:OXY) are -1.17%; -2.38% for the month; 3.66% for the last quarter; -7.61% for the past six-months; and 4.72% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower.
This company was Downgrade by Mizuho on 13-Feb-17 to Neutral.
Mizuho downgraded shares of Occidental Petroleum Corporation (NYSE:OXY) from a buy rating to a neutral rating in a report issued on Monday.
The stock has P/B of 2.40. The stock opened for trading at $68.57 and hit $69.9 on the upside, eventually ending the session at $68.47, with a gain of 0.41% or 0.28 points. Capital International Investors increased its stake in shares of Occidental Petroleum Corporation by 193.7% in the second quarter. The company had Year Ago Sales of 2.28 Billion. The company had revenue of $2826.00 million for the quarter, compared to analysts expectations of $2836.90 million. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Price-earning (P/E) ratio is practiced by fundamental analysts while reaching stock calls. The stock stands almost $11.09 off versus the 52-week high of $78.48 and $3.02 above the 52-week low of $64.37. The Monthly and Yearly performances are -1.27 percent and 7.78 percent respectively. The company is expected to release $-0.02 EPS for current quarter according to 23 analysts whereas the company reported $-0.17 EPS during same quarter a year ago.
Whiting Petroleum Corporation's (WLL) stock price distance from twenty day simple moving average slumped at -1.26% while its distance from fifty day simple moving average declined -4.44% along with 15.24% above distance from two hundred simple moving averages. 1ST Source Bank now owns 9,395 shares of the company's stock valued at $710,000 after buying an additional 40 shares during the last quarter.
Executives hold 1.74 percent of the stock. Dr. Also, the Hold rating count is 17 as of 02/13/17. The stock has an operating margin of -17.20% and a net profit margin of -5.60% This appreciation has taken its price 9.52% above the 52-week low. During the same quarter past year, the company earned ($0.17) EPS. The highest analyst price target is $91.00, which implies a rally of 67 percent. Following the completion of the transaction, the director now directly owns 1,573,619 shares in the company, valued at $109,539,618.59. 480,030 shares of the company were exchanged. Boston Private Wealth LLC now owns 369,309 shares of the company's stock valued at $27,905,000 after buying an additional 21,903 shares during the last quarter. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The performance of firm for the quarter recorded as 25.31% and for year stands at 177.17%, while the YTD performance was 33.68%. The shares were sold at an average price of $68.31, for a total transaction of $273,240.00. Meanwhile, Director CHAZEN STEPHEN I sold 4,000 shares worth $272000, through a transaction dated 2017-02-02. The shares were sold at an average price of $69.81, for a total value of $139,620.00. The disclosure for this purchase can be found here. Its Current ratio for most recent quarter of 0.70. Look at its top three institutional owners. Reinhart Partners Inc. now owns 3,835 shares of the company's stock valued at $280,000 after buying an additional 10 shares in the last quarter. The Relative Volume value measured for Occidental Petroleum Corporation (NYSE:OXY) is 1.54. The oil and gas segment explores for develops and produces oil and condensate natural gas liquids (NGL) and natural gas.