In 1Q15, Occidental Petroleum reported cash flows of $0.73 per share-its lowest since 2004. In the past 52 weeks, the share price moved between $56.50 and $ 77.90.
Ronald Blue Co reduced its stake in Occidental Petroleum Corporation by 1.74% during the most recent quarter end. Sumitomo Mitsui Asset Management Company LTD now owns 58,441 shares of the company's stock valued at $4,415,000 after buying an additional 844 shares during the last quarter.
While looking at the Earnings Estimates of the company, The Average Earnings Estimate for the Current Fiscal quarter is measured as $0.04 by 21 analysts. Finally, Riggs Asset Managment Co. Institutional investors own 80.76% of the company's stock.
The stock of Occidental Petroleum Corporation (NYSE:OXY) is a huge mover today!
Occidental Petroleum Corporation (NYSE:OXY) in the last quarter reported its actual EPS of $-0.18/share where the analyst estimated EPS was $-0.18/share. The stock volatility for week was 2.22% while for month was 2.06%.The stock, as of last close, traded 27.98% to its 52 week low and was changed -5.96% from its 52 week high.
Occidental Petroleum Corporation has distance from 20-day Simple Moving Average (SMA20) of 0.42%, Distance from 50-Day Simple Moving Average of -1.89 percent and Distance from 200-Day Simple Moving Average of 1.86%. The stock's market capitalization is $55.44 billion. As the revenues measures, firm has twelve months with net profit margin of negative -73.50%.
On the company's financial health, Occidental Petroleum Corporation reported $-0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 3, 2016. The Hedge Fund company now holds 100,592 shares of OXY which is valued at $7,412,624.
Occidental Petroleum Corporation (NYSE:OXY) exhibits a P/E ratio of *TBA with a forward P/E of 54. According to Zacks Investment Research, based on 10 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.09. Shareholders of record on Friday, December 9th will be paid a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date is Wednesday, December 7th.
Many Wall Street Analysts have commented on Occidental Petroleum Corporation.
Occidental Petroleum Corp. explores for, develops, produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals, including chlorine, caustic soda, and ethylene dichloride, as well as specialty chemicals and vinyls, including polyvinyl chloride resins and vinyl chloride monomer.
Currently, the stock carries a price to earnings ratio of 16.39, a price to book ratio of 4.61, and a price to sales ratio of 1.72. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. Recently, analysts have updated the overall rating to 2.5. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. "2" brokerage firms have suggested "Sell" for the company.
Occidental Petroleum Corporation closed down -0.68 points or -0.92% at $73.22 with 44,94,213 shares getting traded on Friday. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The ATR (Average True Range) value is 1.41. The disclosure for this sale can be found here.
Occidental Petroleum Corporation (Occidental), incorporated on April 9, 1986, is an gas and oil exploration and production firm with activities in the United States, the Middle East region and Latin America. The midstream marketing and other segment (midstream and marketing) gathers processes transports stores purchases and markets oil condensate NGLs natural gas carbon dioxide (CO2) and power.