Occidental Petroleum Corp (OXY): Tracking the Technicals

Grove Bank & Trust now owns 1,758 shares of the oil and gas producer's stock worth $105,000 after purchasing an additional 622 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Occidental Petroleum Corporation by 176.4% in the 2nd quarter. The stock decreased 0.02% or $0.01 during the last trading session, reaching $64.63. 607.21 million shares or 0.72% less from 611.64 million shares in 2017Q1 were reported. accumulated 0.05% or 3.32 million shares. The shares went up by 4.6% in value last month. Checchi Cap Advisers Llc has 5,940 shares. Cubist Systematic Strategies LLC now owns 58,489 shares of the oil and gas producer's stock worth $3,502,000 after acquiring an additional 37,499 shares in the last quarter. RBC Capital Markets maintained Occidental Petroleum Corporation (NYSE:OXY) on Friday, July 31 with "Sector Perform" rating. At one point in the past year, the shares traded as low as $7.34 but has recovered 2.73% since then. Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since October 19, 2016 and is downtrending. 852,848 shares of the company traded hands.

Tracking some technical levels, shares are trading 3.28% away from the 50 day simple moving average and 1.73% off of the 200 day simple moving average. Occidental Petroleum Corporation has a 52-week low of $57.20 and a 52-week high of $75.50. At the moment, Occidental Petroleum Corporation Return on Assets is 0.30%. After $1.94 actual EPS reported by Universal Health Services, Inc. for the previous quarter, Wall Street now forecasts -10.82% negative EPS growth. The Earnings Yield for Occidental Petroleum Corporation (NYSE:OXY) stands at -0.01%. The company had revenue of $3.60 billion during the quarter, compared to analysts' expectations of $3 billion. They expect $0.13 earnings per share, up 186.67% or $0.28 from last year's $-0.15 per share. The firm's quarterly revenue was up 40.9% compared to the same quarter past year. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned "Sell" rating by Barclays Capital on Friday, April 21.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Some investors may actually welcome a pullback in order to scoop up some stocks at a relative discount. This dividend amount will represent a yield of $4.89. The ex-dividend date of this dividend is Friday, December 8th. Occidental Petroleum Corporation's dividend payout ratio is 2,369.23%. Bank of America upgraded the stock to "Buy" rating in Wednesday, October 14 report. Separately, Director Batchelder Eugene L. Buy 10000 shares of the company at a price of $61.77 on 2017-08-04. Following the completion of the transaction, the director now owns 70,692 shares in the company, valued at $4,353,213.36. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. It is 0.00% or $0 reaching $0.0002 per share. Occidental Petroleum Corporation (OXY) holds the market capitalization of $49.44B along with 764.90M outstanding shares. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & worldwide trademark and copyright legislation. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Occidental Petroleum Corporation during the first quarter worth about $102,000.

OXY has been the topic of a number of recent research reports. Occidental Petroleum Corporation had 66 analyst reports since August 3, 2015 according to SRatingsIntel. They often look for the average analyst rating. Meanwhile, the average 12-month price target from Wall Street analysts is now $63.75, this means that the stock is overpriced by -1.38%. BidaskClub cut Occidental Petroleum Corporation from a "sell" rating to a "strong sell" rating in a research note on Thursday, August 24th. Barclays PLC increased their price target on Occidental Petroleum Corporation from $38.00 to $40.00 and gave the company an "underweight" rating in a report on Wednesday, October 11th. The average investment recommendation for OXY, taken from a group of Wall Street Analysts, is 2.70, or a hold. The company presently has a consensus rating of "Hold" and an average price target of $65.73. Company's return on equity, which is really just the product of the company's profit margin, asset turnover, and financial leverage ratios, is 0.50%, which is worse than the Independent Oil & Gas industry average ROE. The Firm operates through three divisions: gas and oil, chemical (OxyChem), and midstream and marketing.

Like this



19 October 2017
Amanda Staveley set to make quick bid for Newcastle United
Amanda Staveley has launched a £300million bid to buy Newcastle United, just days after Mike Ashley put the club up for sale. Mike Ashley's lawyer Andrew Henderson has issued a statement in relation to the proposed takeover of Newcastle United .

19 October 2017
Verition Fund Management LLC Invests $665000 in Archer-Daniels-Midland Company (ADM)
After having $0.57 EPS previously, Archer Daniels Midland Company's analysts see 12.28% EPS growth. (NYSE:TYG) for 167,667 shares. Also, it has an estimated price-earnings (P/E) multiple of 15.27 and a trailing 12-month price-earnings (P/E) multiple of 18.43.

19 October 2017
Breaded Chicken Recall Linked To Salmonella
Always follow package cooking instructions, including products labeled Uncooked, Cook and Serve, Ready to Cook , and Oven Ready . Use a digital food thermometer to verify that frozen raw breaded chicken products have reached at least 74°C (165°F).

19 October 2017
Principal Financial Group Inc. Buys 12679 Shares of Duke Energy Corporation (DUK)
The utilities provider reported $1.01 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $1.01. SunPower Corporation (NASDAQ:SPWR) shares were trading higher by 0.45 percent ($0.03) at $6.77 a piece in Tuesday's session.

19 October 2017
White Ex-Cop Guilty of Shooting Daughter's Black Boyfriend
But ultimately a fourth jury found Kepler guilty of the lesser charge after six hours of deliberation. When Kepler saw the couple, he got out of his vehicle and asked Lisa what she was doing there.

19 October 2017
Must Watch Stock: Royal Dutch Shell plc (RDS-A)
The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time. Technical traders may also be interested in looking at the indicator levels on shares of Royal Dutch Shell Plc (RDS.A).

19 October 2017
Drop-and-cover natural disaster drill being held across Midwest
Emergency Management officials in Augusta and SC are encouraging residents to prepare for the Great Shakeout. Millions of people will participate in a drill to ensure they're prepared for an natural disaster .

19 October 2017
Cubs escape elimination, defeat Dodgers 3-2 in NLCS Game 4
He joined Aramis Ramirez, Alex Gonzalez, Eric Karros and Gary Matthews as the only Cubs with multi-homer games in the postseason. Limited by a right hamstring injury in the final month of the season, he threw 111 pitches.

19 October 2017
Nike, Inc. (NKE) Rating Reiterated by Citigroup Inc
Bartlett & Co who had been investing in Nike Inc . for a number of months, seems to be bullish on the $84.90B market cap company. Following the completion of the transaction, the director now owns 25,660 shares of the company's stock, valued at $1,371,527.

19 October 2017
"Security concerns" lead to LTE service shutdown on Chinese Apple Watches
China regulates SIM cards used in mobile phones and requires those who get one to register with their real name. VPN services allow Chinese citizens to browse the Internet more freely by bypassing China's "Great Firewall".