|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||65.36 - 67.38|
|52 Week Range||57.20 - 78.09|
|PE Ratio (TTM)||38.52|
|Forward Dividend & Yield||3.08 (4.73%)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Occidental Petroleum (OXY) reported 2017 production of 602,000 barrels of oil equivalent per day (Mboed), which represents a decline of 4.44% compared to 2016 volumes. Lower production volumes in 2017 compared to 2016 was because of the sale of Occidental’s South Texas properties in 2Q17. Crude oil’s share as a percentage of OXY’s total production has increased since 2012.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Occidental Petroleum Corporation (NYSE:OXY) has returnedRead More...
After slumping for much of 2017, energy hasn't had it easy this year either, with the Energy Select Sector SPDR ETF (XLE) lodged firmly in the red. Nonetheless, analysts are still seeing the positives in the sector. Goldman Sachs' Brian Singer is one of the bulls. On the discipline front, he writes that companies haven't abandoned their capital discipline even as they've grown more optimistic about oil prices.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting OXY. Over the last one-month, outflows of investor capital in ETFs holding OXY totaled $4.05 billion.
Steve Chazen, who transformed Occidental Petroleum Corp. into a heavyweight of the US shale boom, is looking to replicate that success in south Texas with a $2.66 billion deal.
OxyChem — a Dallas-based wholly owned subsidiary of Houston-based Occidental Petroleum Corp. (OXY) — told Aptim in late January that it had selected a different maintenance services contractor, according to a letter that the TWC recently released.
Occidental (OXY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Eni's (E) expertise in exploration of resources to help ADNOC accelerate growth, enhance revenues and improve integration across the upstream value chain.
The Zacks Analyst Blog Highlights: Coca-Cola, Eli Lilly, Occidental Petroleum, Ross Stores and Wynn Resorts
The top executive of Houston-based Occidental Petroleum Corp. (OXY) said that while it’s going to take some effort to make carbon capture an economical technology, it’s work she thinks is worth doing. Oxy has been using CO2 flooding in its conventional Permian Basin wells for about 20 years, and it now has 34 CO2 floods, 2,500 miles of CO2 pipeline and 12 CO2 separation and recycling facilities, CEO Vicki Hollub said at CERAWeek by IHS Markit on March 6 . The company has also done some work on sequestering carbon in shale wells, something that Hollub said produced promising initial results.
In a bid to deepen its focus on U.S. shale plays, Marathon Oil (MRO) offloaded its oil acreage in Libya, while SeaDrill (SDRL) announced final restructuring agreement after months of negotiations.