OXY - Occidental Petroleum Corporation
| Previous Close | 79.23 |
| Open | 79.63 |
| Bid | 79.30 x 3100 |
| Ask | 79.80 x 1300 |
| Day's Range | 78.31 - 79.76 |
| 52 Week Range | 62.47 - 87.67 |
| Volume | 8,386,063 |
| Avg. Volume | 4,216,015 |
| Market Cap | 60.872B |
| Beta | 0.76 |
| PE Ratio (TTM) | 27.34 |
| EPS (TTM) | 2.91 |
| Earnings Date | Oct 30, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | 3.12 (4.02%) |
| Ex-Dividend Date | 2018-09-07 |
| 1y Target Est | 96.36 |
- Zacks•21 hours ago
U.S. Oil Biggies Agree to Join OGCI to Curb Climate Change
ExxonMobil, Chevron and Occidental Petroleum will become official members of OGCI on Sep 24.
Markit•23 hours agoSee what the IHS Markit Score report has to say about Occidental Petroleum Corp.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting OXY. Over the last month, growth of ETFs holding OXY is favorable, with net inflows of $16.26 billion.
- Market Realist•2 days ago
Oil Boosts Oil-Weighted Stocks’ Gains
On September 12–19, our list of oil-weighted stocks rose 3.6%—compared to the 0.9% rise in US crude oil November futures.
- Moody's•2 days ago
Centurion Pipeline Company LLC -- Moody's rates Centurion's term loan Ba3; outlook stable
Moody's Investors Service ("Moody's") has today assigned the first-time ratings to Centurion Pipeline Company LLC ("Centurion"), including a Ba3 Corporate Family Rating (CFR), a Ba3-PD Probability of Default Rating (PDR), a Ba3 rating to its proposed $350 million senior secured term loan, and a Ba3 rating to its $100 million senior secured revolving credit facility . The rating outlook is stable.
- Reuters•2 days ago
In U-turn, Exxon, Chevron to join industry climate initiative
Exxon Mobil, Chevron and Occidental Petroleum are joining a group of major international oil and gas companies in an initiative aimed at curbing carbon emissions in the sector, they said in a statement on Thursday. The move marks a U-turn for Exxon Mobil and Chevron. The top two U.S. oil and gas producers had resisted joining the Oil and Gas Climate Initiative (OGCI) after its launch in 2014.
- CNBC•2 days ago
Exxon Mobil and Chevron will join global energy giants in climate initiative, reversing position
Exxon Mobil, Chevron and Occidental Petroleum will become the first U.S. energy companies to join the Oil and Gas Climate Initiative. Members pledge to cut emissions and boost energy efficiency and contribute to a $1 billion fund to support clean tech and business models. The initiative was launched in 2014 and currently has 10 members.
- Market Realist•2 days ago
Analysts’ Ratings: APC Wins the Most ‘Buy’ Recommendations
Among the four upstream companies we’re looking at in this series, Anadarko Petroleum (APC) has received the most “buy” (82.9%) recommendations from analysts covering the stock. The remaining 17.1% recommend “hold.” Analysts’ bullishness toward APC could be due to its attractive valuation. Barclays recently initiated coverage on APC, assigning the stock an “overweight” rating, which is equivalent to “buy.” APC has seen six rating updates in past six months—five coverage initiations and one upgrade. APC is currently trading below the low range ($70) of analysts’ target price. ...
- Quartz•2 days ago
US oil giants ExxonMobil and Chevron finally join a global climate initiative—as an Indian titan exits
The oil industry has a history of actively sowing doubts about climate science. So it was a big deal when, in 2014, a group of 10 oil companies agreed to collaborate on climate action by creating the Oil and Gas Climate Initiative (OGCI). The founding members spanned the globe, with companies based in Italy, the…
Market Realist•2 days agoEOG Sees the Most Institutional Investment among Peers
Capital World Investors added a major position in ConocoPhillips (COP) during the second quarter, buying 19.6 million COP shares for $1.4 billion. Meanwhile, Barrow, Hanley, Mewhinney & Strauss sold the most, unloading 8.4 million COP shares. Altogether, COP’s top ten buyers and sellers added 12.2 million net positions, indicating bullishness. The Vanguard Group has remained COP’s largest holder despite unloading 3.9 million positions during the quarter. It currently holds 7.6% of the company.
- Reuters•2 days ago
In U-turn, Exxon, Chevron to join rivals in climate initiative -sources
Exxon Mobil, Chevron and Occidental Petroleum are joining a group of international oil and gas giants in an initiative aimed at curbing carbon emissions in the sector, two sources familiar with the matter said on Thursday. The move marks a U-turn for the top two U.S. oil and gas producers which had resisted joining the Oil and Gas Climate Initiative (OGCI) after its launch in 2016. The OGCI currently comprises 10 firms including BP, Royal Dutch Shell, France's Total as well as national oil companies of China, Mexico, Brazil and Saudi Arabia, which together count for around 20 percent of global oil and gas production.
- Rigzone.com•2 days ago
Exxon, Chevron and Occidental Oil and Gas Climate Group
Supermajors Exxon and Chevron along with Occidental Petroleum are the latest three companies to join group committed to addressing climate change.
- Market Realist•3 days ago
Which Upstream Stock Is the Least Volatile?
Previously, we looked at ConocoPhillips’s (COP), EOG Resources’ (EOG), Occidental Petroleum’s (OXY), and Anadarko Petroleum’s (APC) recent market performance. In this article, we’ll look at the four stocks’ volatility.
Market Realist•3 days agoComparing COP’s, EOG’s, OXY’s, and APC’s Technical Indicators
As of September 13, ConocoPhillips (COP) and EOG Resources (EOG) were trading above their 200-day moving averages, while Occidental Petroleum (OXY) and Anadarko Petroleum (APC) have recently fallen below their long-term moving averages. OXY’s and APPC’s 200-day SMAs (simple moving averages) should now act as support. Among the four peers, only COP is trading above its short-term moving average, indicating bullishness toward COP.
Market Realist•3 days agoWhat COP’s, EOG’s, OXY’s, and APC’s Current Valuation Indicates
Among the four upstream peers we’re looking at, EOG Resources (EOG) has the highest forward price-to-CFFO1 ratio, of 8.6x. EOG’s high valuation might reflect its strong CFFO growth potential, capital efficiency resulting in a higher return on capital employed, and low leverage. EOG’s CFFO is expected to grow 78.3% YoY (year-over-year) this year, and 25.4% and 16.4% in 2019 and 2020, respectively. However, EOG’s current multiple is below its historical average of 11.5x.
Market Realist•4 days agoWhy ConocoPhillips Is Outperforming Peers This Year
So far in this series, we’ve compared ConocoPhillips’s (COP), EOG Resources’ (EOG), Occidental Petroleum’s (OXY), and Anadarko Petroleum’s (APC) proven reserves, recent operating performance, and capital expenditure guidance. In this article, we’ll look at their recent market performance.
Market Realist•4 days agoA Look at the Four Biggest Upstream Companies’ Capex Plans
This year, ConocoPhillips (COP) expects its capital expenditure to rise 30.7% YoY (year-over-year), to $6.0 billion from $4.6 billion. ConocoPhillips increased its capex guidance in the second quarter by $500 million.
Market Realist•4 days agoUpstream Stocks Saw Strong Buying Last Week
Upstream energy stocks saw strong buying in the week ending September 14 amid sharp gains in crude oil prices. US crude oil went above $70 per barrel due to the bullish inventory report from the U.S. Energy Information Administration and Iran sanctions. The gains were partially offset by a decline due to concerns about how trade wars will impact global demand. Overall, US crude oil rose 1.8% and ended the week at $69 per barrel. On the other hand, US natural gas fell 0.3% and ended the week at $2.77 per MMBtu (million British thermal units).
- Markit•4 days ago
See what the IHS Markit Score report has to say about Occidental Petroleum Corp.
Occidental Petroleum Corp NYSE:OXY
Market Realist•4 days agoCOP, EOG, OXY, APC: Which Generated the Highest Free Cash Flow?
Previously, we looked at ConocoPhillips’s (COP), EOG Resources’ (EOG), Occidental Petroleum’s (OXY), and Anadarko Petroleum’s production growth (APC). In this article, we’ll look into their adjusted EBITDAX (earnings before interest, tax, depreciation, and amortization, and exploration expenses) and free cash flow.
Market Realist•5 days agoWhich Upstream Company Expects the Highest Production Growth
In Q2 2018, EOG Resources (EOG) saw the highest YoY (year-over-year) production growth among peers. EOG’s average daily production rose 16.3% YoY to 702.2 Mboepd (thousand barrels of oil equivalent per day) from 603.9 Mboepd, beating its crude oil, natural gas, and NGL (natural gas liquid) production target. It saw strong production growth in the Delaware, Eagle Ford, and Powder River basins, driven by improved drilling activity and efficiency.
- Market Realist•5 days ago
EOG Sees the Largest Increase in Proven Reserves among Peers
Between 2016 and 2017, ConocoPhillips’ (COP) total proven reserves, including equity affiliates, fell 21.6% to 5,038 MMboe (million barrels of oil equivalent), of which 47.7% were oil and 39.3% were natural gas. The decline was mainly due to the sale of its San Juan and Panhandle natural gas assets. However, it still has the highest reserves among peers.
- Market Realist•5 days ago
COP, EOG, OXY, APC: The Largest Independent Upstream Companies
In this series, we’ll compare the four largest independent E&P (exploration and production) players by market capitalization: ConocoPhillips (COP), EOG Resources (EOG), Occidental Petroleum (OXY), and Anadarko Petroleum (APC). In the first five articles, we’ll analyze their recent operating performance, capex plans, and valuation. Later, we’ll look at their recent market performance, technical indicators, institutional activity, and analyst recommendations. Let’s start with a brief overview of the four peers.
- Zacks•8 days ago
The Zacks Analyst Blog Highlights: Becton, Occidental, Phillips, Allstate and Deutsche
The Zacks Analyst Blog Highlights: Becton, Occidental, Phillips, Allstate and Deutsche
- Zacks•9 days ago
Top Analyst Reports for Becton, Dickinson, Occidental Petroleum & Phillips 66
Top Analyst Reports for Becton, Dickinson, Occidental Petroleum & Phillips 66
- Simply Wall St.•11 days ago
What Do Analysts Think About Occidental Petroleum Corporation’s (NYSE:OXY) Future?
Based on Occidental Petroleum Corporation’s (NYSE:OXY) earnings update in June 2018, the consensus outlook from analysts appear highly confident, with profits predicted to ramp up by an impressive 73.4% nextRead More...
