OXY - Occidental Petroleum Corporation
| Previous Close | 73.36 |
| Open | 72.52 |
| Bid | 70.38 x 800 |
| Ask | 72.16 x 1100 |
| Day's Range | 69.71 - 72.78 |
| 52 Week Range | 62.47 - 87.67 |
| Volume | 4,476,495 |
| Avg. Volume | 4,936,646 |
| Market Cap | 53.078B |
| Beta (3Y Monthly) | 0.87 |
| PE Ratio (TTM) | 13.81 |
| EPS (TTM) | 5.09 |
| Earnings Date | Feb 11, 2019 - Feb 15, 2019 |
| Forward Dividend & Yield | 3.12 (4.25%) |
| Ex-Dividend Date | 2018-12-07 |
| 1y Target Est | 91.17 |
Market Realist•23 hours agoConocoPhillips: Jim Ratcliffe Eyes Assets in the United Kingdom
On November 19, ConocoPhillips (COP) confirmed to CNBC that it has been engaged in talks with Jim Ratcliffe, the United Kingdom’s wealthiest man and Ineos’ CEO, about selling its assets in the United Kingdom. The deal could fetch ~$3 billion for ConocoPhillips.
Market Realist•yesterdayXOP Is Underperforming Other Energy ETFs
On November 12–19, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 1.6%—the largest decline among major energy ETFs. A fall of 4.8% in US crude oil prices has either dragged or limited the upside in upstream energy stocks. However, with OPEC and non-OPEC oil producers’ plan to reduce the oil output, US crude oil prices might see an upside.
- Zacks•yesterday
Cimarex Buys Resolute for $1.6B to Expand Delaware Presence
The deal is a prudent move as it is likely to be accretive to Cimarex's (XEC) earnings and non-GAAP cash flow.
- Motley Fool•3 days ago
These Are the Highest-Dividend-Paying Oil Stocks
While oil stocks carry higher risk due to oil-price volatility, they often reward dividend investors with higher yields.
- TheStreet.com•3 days ago
This Energy Stock Is a Well-Oiled Dividend Machine
has top-tier assets, with a huge presence in the oil-rich Permian Basin. In addition, the Houston-based company has a strong balance sheet. With low operating costs, the company can support its growth plans and sustain its dividend, even with these low oil prices.
- Reuters•5 days ago
Colombia's private crude producers cautiously optimistic about Duque
Private oil producers in Colombia said on Friday they are optimistic about promises by President Ivan Duque to improve security and bolster the sector. Duque, who has been in office for 101 days, pledged during his campaign to lower taxes on businesses and improve security for crude producers in the country, where leftist rebels regularly bomb pipelines and community protests sometimes stymie output. "We're seeing progress - we have all the confidence in the world in the administration," said Occidental Petroleum chief executive Vicki Hollub, on the sidelines of an oil and gas conference in Bogota.
- Market Realist•6 days ago
Oil Might Have Dragged Oil-Weighted Stocks
On November 7–14, our list of oil-weighted stocks fell 11.2%—compared to the 8.8% fall in US crude oil December futures. On average, our list of oil-weighted stocks underperformed US crude oil prices. In the previous part, we saw that most of these oil-weighted stocks’ correlations with oil prices rose significantly.
- Motley Fool•6 days ago
3 Top Oil Stocks to Buy in November
Oil prices have begun to fall, but these stocks still look ripe to outperform over the long haul.
- PR Newswire•7 days ago
NET Power Demonstration Plant Wins 2018 ADIPEC Breakthrough Technological Project of the Year
ABU DHABI, United Arab Emirates , Nov. 14, 2018 /PRNewswire/ -- In recognition of its demonstration plant in La Porte, Texas , NET Power, LLC, was awarded the 2018 Breakthrough Technological Project of ...
- Thomson Reuters StreetEvents•8 days ago
Edited Transcript of OXY earnings conference call or presentation 6-Nov-18 5:00pm GMT
Q3 2018 Occidental Petroleum Corp Earnings Call
Market Realist•8 days agoConocoPhillips’ Free Cash Flow Has Strengthened in 2018
ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year. On a quarterly basis, COP’s FCF grew by 34.8% in Q3 2018. The rise in oil prices contributed to the rise in COP’s free cash flow. In part one, we discussed the impact of oil prices on COP’s earnings.
Market Realist•8 days agoWill ConocoPhillips Continue to Deliver amid Oil’s Turbulence?
As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year closing high of $86.29 per barrel on October 3. However, so far in Q4 2018, Brent crude oil active futures have averaged ~4% higher on a quarter-over-quarter basis. If oil prices trade within a downside limit of ~4% from current levels, with almost half of the period left in Q4 2018, ConocoPhillips (COP) might achieve analysts’ consensus estimate, which is two cents lower than adjusted EPS last quarter. COP has an oil-weighted portfolio of 58%. ...
- Reuters•8 days ago
Colombia's Cano Limon pipeline hit by three more bombings
Colombian state-run oil company Ecopetrol said on Tuesday that three new bombings of the Cano Limon pipeline have caused contamination in several waterways in the country's northeastern Arauca province. The attacks on Sunday and Monday brought total bombings of the 485-mile (780-km) pipeline to 82 this year. Cano Limon, which can transport up to 210,000 barrels of oil per day, has been out of service for much of 2018 because of bombings and illegal taps and was not functioning at the time of the latest attacks.
- GlobeNewswire•8 days ago
New Research Coverage Highlights National American University, Moog, TCP Capital, TriplePoint Venture Growth BDC, Occidental Petroleum, and Nuvectra — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Nov. 13, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Market Realist•9 days agoUpstream Space Might See Upside This Week
On November 2–9, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the least among major energy ETFs. US crude oil prices just above $60 and a fall of 4.7% last week due to supply concerns might have either dragged or limited the upside in upstream energy stocks. However, Saudi Arabia’s announcement on November 11 about reducing its exports by half a million barrels per day in December might bring a small pause to oil’s fall.
- Zacks•12 days ago
The Zacks Analyst Blog Highlights: ExxonMobil, Occidental Petroleum, General Motors, MetLife and Digital Realty Trust
The Zacks Analyst Blog Highlights: ExxonMobil, Occidental Petroleum, General Motors, MetLife and Digital Realty Trust
- Quartz•13 days ago
Big Oil is investing to scale up the world’s first zero-emissions fossil-fuel plant
Finally, some of the largest oil companies aren’t just accepting the coming challenge of climate change but actively doing something about it. The latest example is the investments that Occidental Petroleum (often referred to as “Oxy”) has made in Net Power, a startup that built the world’s first zero-emissions fossil-fuel power plant in Texas. Earlier…
- Market Realist•13 days ago
Have Oil-Weighted Stocks Diverged from Oil’s Fall?
On October 31–November 7, our list of oil-weighted stocks rose 3.4%—compared to the 5.6% fall in US crude oil December futures. On average, our list of oil-weighted stocks outperformed US crude oil prices. In the previous part, we saw that most of these oil-weighted stocks had higher and positive correlations with the S&P 500 Index (SPY) than oil prices. In the trailing week, the S&P 500 Index (SPY) rose 3.8%.
- PR Newswire•13 days ago
NET Power and Oxy Low Carbon Ventures Announce Investment Agreement to Advance Innovative Low-Carbon Technology
DURHAM, N.C. and HOUSTON, Nov. 8, 2018 /PRNewswire/ -- NET Power, LLC, and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation (OXY), today announced they have reached an investment agreement, subject to regulatory approval. The investment will advance the development of NET Power's low-cost, natural gas electric power system that generates no atmospheric emissions and inherently captures all carbon dioxide (CO2). Upon receiving regulatory approval, OLCV will join current investors Exelon Generation (EXC), McDermott (MDR), and 8 Rivers Capital.
Markit•13 days agoSee what the IHS Markit Score report has to say about Occidental Petroleum Corp.
Occidental Petroleum Corp NYSE:OXY
Motley Fool•15 days agoOccidental Petroleum Corporation (OXY) Q3 2018 Earnings Conference Call Transcript
OXY earnings call for the period ending September 30, 2018.
Bloomberg•15 days agoOil Slips After Industry Reports Larger Than Expected U.S. Build
Futures fell after the industry-funded American Petroleum Institute was said to report U.S. crude stockpiles expanded by 7.83 million barrels last week. If confirmed by the Energy Information Administration on Wednesday, that would be the biggest build in five weeks, compared with an average 2 million-barrel increase in a Bloomberg survey of analyst forecasts. “If EIA confirms this build, it could certainly lead to further price weakness,” said Kyle Cooper, director of research at IAF Advisors.
- Zacks•15 days ago
Occidental (OXY) Q3 Earnings & Revenues Surpass Estimates
Occidental Petroleum's (OXY) Q3 beats on earnings and revenue estimates owing to higher production volume from the Permian Resources region coupled with better realization prices.
- Reuters•15 days ago
Occidental Petroleum tops profit estimates on higher prices, output
U.S. shale oil production from the Permian has nearly doubled in the last three years, while Brent crude (LCOc1) touched a four-year high in September. Occidental said average worldwide realized crude oil prices rose 36 percent to $62.67 (48.00 pounds) per barrel in the third quarter. Occidental's average production rose about 13.5 percent to 681,000 boe/d.
- Reuters•15 days ago
UPDATE 2-Occidental Petroleum tops profit estimates on higher prices, output
U.S. oil and natural gas producer Occidental Petroleum Corp on Monday beat third-quarter profit estimates on the back of a surge in production from the Permian Basin and higher oil prices. U.S. shale oil production from the Permian has nearly doubled in the last three years, while Brent crude touched a four-year high in September. Occidental said average worldwide realized crude oil prices rose 36 percent to $62.67 per barrel in the third quarter.
