The firm has "Buy" rating given on Thursday, June 15 by RBC Capital Markets.
A number of research firms have commented on OXY. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned "Buy" rating by Credit Agricole on Tuesday, December 15. $106.21's average target is -2.92% below currents $109.4 stock price.
Occidental Petroleum Corporation (NYSE:OXY) last issued its quarterly earnings results on Thursday, May 4th. Schwartz Counsel holds 0.02% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 3,750 shares.
The return on assets for Occidental Petroleum Corporation stands at -1.30%, (ROA - calculated by dividing the total annual earnings by the company's total assets - illustrates how profitable a company really is in relation to its total assets). The stock now has an average rating of "Buy" and a consensus price target of $74.41. The company has market cap of $2.43 billion. Occidental Petroleum Corporation has a 52 week low of $57.20 and a 52 week high of $78.48. The share price has moved forward from its 20 days moving average 2.30% and negatively from its 50 days moving average -5.59%. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. Occidental Petroleum Corporation had a negative return on equity of 1.04% and a negative net margin of 4.82%. The firm had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.96 billion. They expect $0.65 EPS, down 29.35% or $0.27 from last year's $0.92 per share. On average, equities analysts predict that Occidental Petroleum Corporation will post $0.76 EPS for the current year. Occidental Petroleum Corporation had 51 analyst reports since August 3, 2015 according to SRatingsIntel. If you are viewing this report on another publication, it was copied illegally and reposted in violation of global copyright & trademark legislation. The correct version of this news story can be accessed at https://baseballnewssource.com/markets/occidental-petroleum-corporation-oxy-given-hold-rating-at-bmo-capital-markets-updated-updated/1099107.html.
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 28th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend is Friday, September 8th. Occidental Petroleum Corporation earned a news sentiment score of 0.26 on Accern's scale. Anadarko Petroleum Corporation's payout ratio is -4.45%.
In other news, Director Stephen I. Chazen sold 4,000 shares of the firm's stock in a transaction dated Thursday, April 27th. The stock was purchased at an average cost of $52.48 per share, for a total transaction of $99,974.40. Insiders own 0.32% of the company's stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Voya Inv Mngmt Limited Liability Company accumulated 0.3% or 1.81 million shares. The shares were sold at an average price of $59.47, for a total transaction of $237,880.00. Following the completion of the transaction, the chief financial officer now directly owns 44,124 shares in the company, valued at approximately $2,640,821.40. The disclosure for this sale can be found here. Insiders own 0.32% of the company's stock.
Several large investors have recently modified their holdings of the company.
Confluence Investment Management Llc decreased Schlumberger Ltd. (NYSE:SLB) stake by 19,181 shares to 306,545 valued at $25.73M in 2016Q4. Bank of New York Mellon Corp now owns 13,615,738 shares of the oil and gas producer's stock worth $862,693,000 after buying an additional 360,721 shares in the last quarter. Albert D Mason Inc. now owns 7,688 shares of the oil and gas producer's stock valued at $487,000 after buying an additional 25 shares during the last quarter. The Arcadia Investment Management Corp holds 47,715 shares with $2.28 million value, down from 66,135 last quarter.
COPYRIGHT VIOLATION WARNING: "Anadarko Petroleum Corporation (NYSE:APC) Earns Coverage Optimism Rating of -0.01" was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. Bank of Nova Scotia Trust Co. increased its stake in Occidental Petroleum Corporation by 1.3% in the fourth quarter. According to Zacks, "The drop in the company's share price was wider than the broader industry's loss in the last six months". Atwood Palmer reported 0% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). American Research & Management Co. now owns 14,598 shares of the oil and gas producer's stock worth $925,000 after buying an additional 58 shares during the period. Beck Mack And Oliver Limited Co owns 0.02% invested in Anadarko Petroleum Corporation (NYSE:APC) for 7,394 shares. The Company's divisions include Oil and Gas Exploration and Production; Midstream, and Marketing.