|Bid||0.00 x 1100|
|Ask||67.31 x 1000|
|Day's Range||66.50 - 68.26|
|52 Week Range||56.83 - 87.67|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||12.47|
|Earnings Date||May 13, 2019 - May 17, 2019|
|Forward Dividend & Yield||3.12 (4.69%)|
|1y Target Est||80.33|
Houston-based Occidental Petroleum Corp. (NYSE: OXY) plans to limit its 2019 spending to $4.5 billion in 2019, down $500 million from last year. Spending will be weighted to the first half of the year as the company shifts its activity to meet spending goals, Hollub said on the call. Most of the spending program will go toward the company’s Permian Resources business line, which will take $2.6 billion in 2019, said Jeff Alvarez, the company’s vice president of investor relations, on the call.
DEEP DIVE Investors are used to seeing earnings-season headlines as companies typically “beat” analysts’ estimates for sales and earnings. This is part of the Wall Street game, aided by the companies themselves, that sets up an earnings-beat rate that typically exceeds two-thirds of the S&P 500.
Pioneer Natural Resources reported mixed results while Marathon Oil beat and Laredo Petroleum missed. The shale oil companies are also cutting budgets.
Although Occidental Petroleum Corporation (NYSE: OXY ) reported fourth-quarter headline earnings per share of $1.22, ahead of the consensus projection of $1.15, the beat came on the back of a lower tax ...
Occidental's (OXY) earnings and revenues in the fourth quarter surpass the Zacks Consensus Estimate, courtesy of strong performance from Permian Resources assets.
Occidental Petroleum Corp on Tuesday reported a quarterly profit that beat analysts' estimates, but forecast lower pre-tax income sequentially for its midstream and marketing unit, sending its shares down 1.9 percent after the bell. Production from its Permian resources unit rose 57 percent to 250,000 barrels of oil equivalent per day (boe/d) in the fourth quarter, boosted by investments in the basin, while adjusted pre-tax income from the midstream unit rose to $670 million from $129 million, a year earlier. The midstream segment's performance was driven by wide differentials between Midland and Gulf Coast crude prices, Raymond James analyst Muhammed Ghulam said.
Occidental (OXY) delivered earnings and revenue surprises of 8.93% and 7.06%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Houston-based company said it had net income of 93 cents per share. Earnings, adjusted for non-recurring costs, were $1.22 per share. The results beat Wall Street expectations. The average estimate ...
HOUSTON, Feb. 12, 2019 -- Occidental Petroleum Corporation (NYSE:OXY) today announced its fourth quarter and full year 2018 results. The announcement, financial schedules and.
Occidental Petroleum (NYSE: OXY ) will be releasing its next round of earnings this Tuesday, Feb. 12. For all of the relevant information, here is your guide for Tuesday's Q4 earnings announcement. Earnings ...
Fourth-quarter earnings season starts to wind down this week, with 61 S&P 500 components releasing results. Another government shutdown looms Friday if no deal is reached between President Trump and the House.
Jim Cramer eyes the week ahead and says developments in U.S.-China trade talks will drive most of the stock market's moves.
CNBC's Jim Cramer eyes the week ahead, which will feature earnings reports from Cisco, Coca-Cola and more. Developments in U.S.-China trade talks will drive most of the stock market's moves, Cramer says. The week marks the beginning of the end of a wild earnings season, says the "Mad Money" host.
Will Anadarko Benefit from Its Production Mix Strategy in 2019?Anadarko production mix strategyBased on the company’s guidance, Anadarko Petroleum (APC) could increase its total sales volume or production mix in natural gas in 2019 by as much as
An upcoming tax credit deadline could drive business toward Houston-based Mitsubishi Heavy Industries America Inc.'s carbon capture technology. The 45Q carbon storage tax credit — passed in 2018 to incentivize the storage of captured carbon or its use in enhanced oil recovery — will pay out only on projects that start construction by 2023, said Tiffany Wu, business development manager at MHIA.
Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Will US Crude Oil Maintain the $54 Level on February 5?US crude oilOn February 4, US crude oil prices fell 1.3% and settled at $54.56 per barrel. On the same day, US crude oil active futures made an intraday high of $55.75—the highest level since
Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.