BidaskScore Gives Occidental Petroleum (NYSE:OXY) Shareholders a Gift With Today’s Upgrade

Occidental Petroleum Corporation (NYSE:OXY) Logo

Investors sentiment decreased to 0.73 in 2018 Q4. Its down 0.40, from 1.13 in 2018Q3. It fall, as 94 investors sold Occidental Petroleum Corporation shares while 366 reduced holdings. 78 funds opened positions while 256 raised stakes. 608.26 million shares or 2.93% more from 590.97 million shares in 2018Q3 were reported.

Moreover, Cim Mangement Incorporated has 0.1% invested in Occidental Petroleum Corporation (NYSE:OXY). Regentatlantic Capital Lc stated it has 3,348 shares or 0.02% of all its holdings. Kayne Anderson Rudnick Inv Llc has 68,483 shares. Horizon Investments Lc reported 15,261 shares or 0.05% of all its holdings. Comerica State Bank invested in 205,031 shares or 0.12% of the stock. 11,716 were accumulated by Piedmont Invest Advsr Incorporated. Moreover, Cornerstone Cap Incorporated has 1.29% invested in Occidental Petroleum Corporation (NYSE:OXY). Ftb reported 2,510 shares. Amg Funds Ltd Company reported 13,924 shares stake. Willingdon Wealth Mgmt reported 103 shares. Cramer Rosenthal Mcglynn Ltd owns 92,286 shares for 0.14% of their portfolio. Cypress Management Limited Liability Corporation holds 0.07% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 5,810 shares. Sit Invest Assoc Incorporated owns 0.62% invested in Occidental Petroleum Corporation (NYSE:OXY) for 314,830 shares. State Of Wisconsin Board accumulated 736,278 shares or 0.15% of the stock. Eagle Asset Mgmt accumulated 1.35M shares or 0.52% of the stock.

Occidental Petroleum (NYSE:OXY) Stock Upgrade

Occidental Petroleum (NYSE:OXY) shares were increased by BidaskScore to a Sell rating in an analyst note revealed to clients on 8 May.

Occidental Petroleum Corporation (NYSE:OXY) Ratings Coverage

Among 6 analysts covering Occidental Petroleum (NYSE:OXY), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Occidental Petroleum has $95 highest and $6600 lowest target. $73.20’s average target is 22.02% above currents $59.99 stock price. Occidental Petroleum had 14 analyst reports since November 14, 2018 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, April 29. On Tuesday, November 20 the stock rating was maintained by Morgan Stanley with “Overweight”. The company was downgraded on Monday, April 22 by Mizuho. On Tuesday, February 19 the stock rating was downgraded by Citigroup to “Neutral”. The rating was maintained by KeyBanc Capital Markets on Monday, April 22 with “Overweight”. On Wednesday, November 14 the stock rating was maintained by Citigroup with “Buy”. The stock has “Underweight” rating by Barclays Capital on Friday, February 15.

The stock increased 0.50% or $0.3 during the last trading session, reaching $59.99. About 9.01M shares traded or 30.72% up from the average. Occidental Petroleum Corporation (NYSE:OXY) has risen 2.77% since May 8, 2018 and is uptrending. It has underperformed by 1.60% the S&P500.

Analysts await Occidental Petroleum Corporation (NYSE:OXY) to report earnings on August, 14. They expect $0.94 earnings per share, down 14.55 % or $0.16 from last year’s $1.1 per share. OXY’s profit will be $703.00M for 15.95 P/E if the $0.94 EPS becomes a reality. After $0.84 actual earnings per share reported by Occidental Petroleum Corporation for the previous quarter, Wall Street now forecasts 11.90 % EPS growth.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of gas and oil properties in the United States and internationally. The company has market cap of $44.87 billion. The firm operates in three divisions: Oil and Gas, Chemical, and Midstream and Marketing. It has a 11.13 P/E ratio. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids , and natural gas.

More notable recent Occidental Petroleum Corporation (NYSE:OXY) news were published by: Benzinga.com which released: “Earnings Scheduled For May 6, 2019 – Benzinga” on May 06, 2019, also 247Wallst.com with their article: “3 Top Mega-Cap Energy Stocks Are Huge Buys as Oil Charges to $70 – 24/7 Wall St.” published on April 25, 2019, Seekingalpha.com published: “What Next For Occidental Petroleum? – Seeking Alpha” on April 16, 2019. More interesting news about Occidental Petroleum Corporation (NYSE:OXY) were released by: Fool.com and their article: “Stock Market News: Anadarko Gets a Sweeter Deal; Kraft Heinz to Restate Results – Motley Fool” published on May 06, 2019 as well as Streetinsider.com‘s news article titled: “Occidental Petroleum (OXY) was another bidder for Anadarko Petroleum (APC) at more than $70/share – CNBC’s Faber – StreetInsider.com” with publication date: April 12, 2019.

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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