OXY - Occidental Petroleum Corporation
| Previous Close | 82.98 |
| Open | 83.10 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 82.48 - 83.34 |
| 52 Week Range | 58.44 - 87.67 |
| Volume | 3,147,194 |
| Avg. Volume | 4,657,784 |
| Market Cap | 63.62B |
| Beta | 0.58 |
| PE Ratio (TTM) | 33.64 |
| EPS (TTM) | 2.47 |
| Earnings Date | Aug 8, 2018 |
| Forward Dividend & Yield | 3.08 (3.61%) |
| Ex-Dividend Date | 2018-06-08 |
| 1y Target Est | 95.74 |
Markit•19 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 one-month, outflows of investor capital in ETFs holding OXY totaled $822 million.
Market Realist•yesterdayAre US Resource Plays Driving Marathon Oil’s Production Growth?
For Q2 2018, Marathon Oil (MRO) expects total production of 395–415 Mboepd (thousand barrels of oil equivalent per day). On a year-over-year basis, the mid-point of its Q2 2018 production guidance is ~4% higher than Q2 2017 production of 389 Mboepd. Its Q2 2018 production guidance is even ~7% higher than 380 Mboepd in the first quarter.
Market Realist•yesterdayAnalyzing Marathon Oil’s Q2 2018 Revenue Expectations
For Q2 2018, Wall Street analysts expect Marathon Oil (MRO) to report revenues of ~$1.42 billion. On a year-over-year basis, its Q2 2018 revenue expectations are ~34% higher than Q2 2017 revenues of ~$1.06 billion.
Market Realist•2 days agoCan Marathon Oil Report Higher Profits in Q2 2018?
Marathon Oil (MRO) is expected to report its Q2 2018 earnings on August 1 after the market closes. Excluding any one-time items, the current consensus net income estimate is ~$161 million. On a year-over-year basis, MRO is expected to turn its year-ago loss into profit. In Q2 2017, it reported an adjusted loss of ~$128 million. Even on a sequential basis and excluding any one-time items, its second-quarter consensus net income estimate is ~5% higher than its ~$154 million profit in the first quarter.
- Market Realist•2 days ago
Apache’s Second-Quarter Production Guidance
Apache (APA) expects its second-quarter North America production to average 248 Mboepd (thousand barrels of oil equivalent per day). The international (Egypt and the North Sea) guidance for the second quarter is 135 Mboepd—compared to the international production of ~144 Mboepd in the second quarter of 2017. Apache’s North America production in 2018 is expected to be 250 Mboepd–258 Mboepd.
- Zacks•2 days ago
Schlumberger (SLB) Q2 Earnings Beat, Revenues Miss Estimates
Schlumberger's (SLB) second-quarter 2018 results benefit from rebound in drilling activities in Russia and the North Sea, which was partly offset by higher mobilization costs.
- Zacks•3 days ago
FuelCell Energy (FCEL) to Ramp Up Annual Output to 55MW
FuelCell Energy (FCEL) to augment its annual production by 120% to 55MW for meeting the surge in demand for clean energy.
Markit•3 days 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. OXY credit default swap spreads are within the middle of their range for the last three years.
Market Realist•3 days agoWill Devon Energy Report Positive Free Cash Flow in Q2 2018?
Wall Street analysts expect Devon Energy (DVN) to report a ~4% higher year-over-year operating cash flow of ~$842 million in Q2 2018, up from ~$810 million in Q2 2017. On a sequential basis, DVN’s estimated Q2 2018 operating cash flow is ~5% higher compared with its ~$804 million in Q1 2018. DVN’s higher estimated Q2 2018 operating cash flow could be attributed to higher crude oil prices in the same quarter.
- Moody's•4 days ago
Dolphin Energy Limited -- Moody's changes Dolphin Energy's ratings outlook to stable; affirms ratings
Moody's Investors Service, ("Moody's") has today affirmed the A2 rating of Dolphin Energy Limited's (Dolphin Energy) senior secured bonds and senior secured bank credit facilities and changed the outlook to stable from negative. The stabilisation of the outlook reflects that Dolphin Energy's operational and financial performance has remained satisfactory and in line with Moody's expectations, more than one year into the dispute between Qatar and, inter alia, three fellow Gulf Cooperation Council (GCC) neighbours, including the United Arab Emirates (UAE, Aa2 stable). The A2 ratings continue to be supported by (1) a long-term Development and Production Sharing Agreement with the Government of Qatar, (2) net revenue under long-term fixed price gas supply contracts with government-owned entities in Abu Dhabi, Dubai and Oman, after deducting all operating costs, sufficient to cover close to 100% of current senior debt service (3) the historical coverage ratios including all project revenues have been consistently above 2.5x and, (4) a strong competitive position as a low-cost producer of gas and hydrocarbon liquids.
- GlobeNewswire•4 days ago
Occidental Petroleum to Announce Second Quarter Results Wednesday, August 8, 2018; Hold Conference Call Thursday, August 9, 2018
HOUSTON, July 18, 2018-- Occidental Petroleum Corporation will announce its second quarter 2018 financial results after close of market on Wednesday, August 8, 2018, and will hold a conference call to ...
- Zacks•4 days ago
The Zacks Analyst Blog Highlights: ConocoPhillips, Anadarko, Occidental, GulfMark and QEP Resources
The Zacks Analyst Blog Highlights: ConocoPhillips, Anadarko, Occidental, GulfMark and QEP Resources
- ETF Trends•4 days ago
Energy ETF Investors: Look Beyond Exploration, Production
Oil exploration and production companies, which took the brunt of the hit during the crude selling, have benefited the most as prices rebounded, but ETF investors should begin to think about taking a more ...
- Zacks•4 days ago
Oil & Gas Stock Roundup: COP, APC, OXY Boosting Shareholders' Wealth
ConocoPhillips (COP), Anadarko Petroleum (APC) and Occidental Petroleum (OXY) announced initiatives to return capital to shareholders.
- Zacks•6 days ago
Dril-Quip Wins Subsea Supply Contract for Offshore Project
Per the contract, Dril-Quip (DRQ) will provide 23 subsea production systems to Premier Oil Exploration and Production Limited.
Market Realist•6 days agoWhat’s Expected for Encana’s Free Cash Flow in Q2 2018
In Q2 2018, analysts expect Encana’s (ECA) operating cash flow to rise ~93% YoY (year-over-year) to ~$422 million from ~$218 million, and by ~11% sequentially from ~$381 million. The rise is expected due to its production being forecast to increase during the quarter and higher crude oil prices.
- InvestorPlace•9 days ago
Futures at 5-Month High: Tap 5 Large-Cap Growth Stocks
President Trump’s protectionist agenda and the resultant trade war fears started weighing on large-cap stocks. Trade War Fear Seems Oversold, Time to Look at Better Data Points? Investors should note that after a nagging four-month trade war talks, investors seem to be ignoring the reality in July.
- Zacks•9 days ago
Occidental's (OXY) Board Approves 1.3% Hike in Dividend
Occidental Petroleum's (OXY) investment plans and production growth support the company's cash flow generation capacity, which in turn, helps raising annual dividend rates.
Market Realist•9 days agoAnalyzing Encana’s Q2 2018 Revenue Expectations
In Q2 2018, analysts expect Encana’s (ECA) revenue to rise ~10% YoY (year-over-year) to ~$1.19 billion from ~$1.08 billion, but fall ~11% sequentially from ~$1.31 billion. The YoY rise is expected due to Encana’s production being expected to increase and higher crude oil prices.
- Barrons.com•9 days ago
Delta, Occidental, KeyCorp Hike Dividends
A major airline and a large energy exploration-and-production company were among the companies that announced dividend increases on Thursday. Delta Air Lines (DAL) declared a quarterly dividend of 35 cents a share, up from 30.5 cents previously, for a hike of nearly 15%. Occidental Petroleum (OXY) announced a smaller increase.
- Market Realist•9 days ago
Have Oil-Weighted Stocks Ignored Oil’s Steep Fall?
Between July 3 and July 11, our list of oil-weighted stocks rose 2%, while US crude oil August futures fell 5.1%.
Market Realist•9 days agoAnadarko Petroleum’s Production Trends and Outlook
Anadarko Petroleum (APC) has a production guidance range of 615 Mboepd–640 Mboepd (thousand barrels of oil equivalent per day) or 627.5 Mboepd at the midpoint for the second quarter—compared to 631 Mboepd reported in the second quarter of 2017. Anadarko Petroleum’s oil volumes are expected to be 346 Mboepd–362 Mboepd or 354 Mboepd at the midpoint in the second quarter—compared to 331 Mboepd reported in the second quarter of 2017. For 2018, Anadarko Petroleum has provided a production forecast of 658 Mboepd–685 Mboepd or 671.5 Mboepd at the midpoint. Anadarko Petroleum’s production volumes were 672 Mboepd in 2017.
Market Realist•10 days agoTariff Terror for Oil: These Oil-Weighted Stocks Are at Risk
On July 11, US crude oil August futures plunged 5% and closed at $70.38 per barrel, just $0.08 below the lower limit of our price forecast of $70.46 until July 13.
- GlobeNewswire•10 days ago
Occidental Petroleum Increases Dividend
HOUSTON, July 12, 2018-- Occidental Petroleum Corporation said today that its Board of Directors has declared an increase of the company’ s regular quarterly dividend to $0.78 per share. On an annual basis, ...
- Zacks•10 days ago
Weatherford (WFT) to Divest Land Drilling Rigs to Lower Debt
Weatherford (WFT) to raise $287.5 million from the sale of land drilling rig operations in Algeria, Kuwait and Saudi Arabia and also two idle rigs in Iraq.
