Do You Have Occidental Petroleum Corporation (NYSE:OXY) In Your Portfolio?


Occidental Petroleum Corporation (NYSE:OXY) closed its last session at $69.85. The stock traded within a range of $66.60 and $70.20. The company operates in the Energy sector with a market capitalization of 53.68 Million. Trading volume for Occidental Petroleum Corporation was 7.99 Million in its previous trading session. Currently, Occidental Petroleum Corporation (NYSE:OXY) has an average volume of 4.05 Million.

Company Profile

Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. Occidental’s midstream and marketing segment gathers, processes, transports, stores, purchases and markets hydrocarbons and other commodities. Occidental’s wholly owned subsidiary, OxyChem, is a major North American chemical manufacturer. Occidental is committed to respecting the environment, operating safely and upholding high standards of social responsibility throughout the company’s worldwide operations. Occidental strategy relies on increasing production through developing conventional and unconventional fields. Occidental is a worldwide leader in applying advanced technology to boost production from mature oil and natural gas fields and access hard-to-recover reserves.

Analyst Views

Occidental Petroleum Corporation (NYSE:OXY) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Occidental Petroleum Corporation (NYSE:OXY) touched its 1-Year High price of $78.09 on 01/24/18 and its 1-Year Low price of $57.20 on 05/04/17.

EPS & Financials

Occidental Petroleum Corporation (NYSE:OXY) reported its EPS in the last quarter as $0.41/Share lagging the analyst estimate of $0.41/Share by a difference of $0. This showed a surprise of 0% in the last quarter earnings.

For the current quarter, 20 analysts are projecting a mean EPS of $0.63/share. According to their observations and findings, the stock could provide a high EPS of $1.16/share and a low EPS of $0.3/share.

Analysts believe that the company has the potential to earn average revenue of $3.56 Billion for the current quarter. According to their predictions high & low revenue estimates are 3.86 Billion and 3.21 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Occidental Petroleum Corporation (NYSE:OXY) has a 20-Day average volume of 4.44 Million. According to today’s trading volume Occidental Petroleum Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.32 Percent and Institutional ownership of 82.9 Percent. The return on assets stands at 1.3%, Return on Equity currently is 2.6% and the Return on Investment value is -3.5%.

Occidental Petroleum Corporation (NYSE:OXY) gross margin percentage stands at 53.2% while its operating margin for the past trailing twelve month is 1 percent and its overall profit margin (ttm) is 4.5 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -5.43% with a 50-Day Simple Moving Average of -4.31 percent. As of today, the company has a SMA200 (200-day simple moving average) of 7.47 Percent. The Stock has YTD (year to date) performance of -5.17 percent.

The TTM operating margin for the company stands at 1%. The return on invested capital is at -3.5%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 7.47%, and has a solid year to date (YTD) performance of -5.17% which means that the stock is constantly adding to its value from the previous fiscal year end price.