Occidental Petroleum (NYSE:OXY) will issue its quarterly earnings data after the market closes on Tuesday, February 12th. Analysts expect the company to announce earnings of $1.20 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
NYSE OXY opened at $64.96 on Friday. The stock has a market capitalization of $49.02 billion, a PE ratio of 72.99, a PEG ratio of 2.93 and a beta of 0.88. Occidental Petroleum has a 1-year low of $56.83 and a 1-year high of $87.67. The company has a current ratio of 1.33, a quick ratio of 1.21 and a debt-to-equity ratio of 0.47.
OXY has been the topic of several research analyst reports. Atlantic Securities raised Occidental Petroleum from a “neutral” rating to an “overweight” rating and set a $85.00 price objective on the stock in a research note on Friday, December 21st. Capital One Financial lowered Occidental Petroleum from an “overweight” rating to an “equal weight” rating in a research note on Thursday, December 20th. Raymond James raised Occidental Petroleum from an “outperform” rating to a “strong-buy” rating in a research note on Monday, October 22nd. They noted that the move was a valuation call. KeyCorp assumed coverage on Occidental Petroleum in a report on Thursday, December 20th. They set an “overweight” rating and a $75.00 target price on the stock. Finally, Mitsubishi UFJ Financial Group dropped their target price on Occidental Petroleum to $92.00 and set a “neutral” rating on the stock in a report on Tuesday, October 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $87.16.
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Occidental Petroleum Company Profile
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.
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