Eye-Popping Dividend Stock: Occidental Petroleum Corporation (OXY)

Modesto Morganelli
Febbraio 18, 2017

Quadrant Capital Group LLC raised its stake in Occidental Petroleum Corporation by 1.0% in the third quarter. Occidental Petroleum Corp shares are now trading down about 1.4% on the day. Peoples Financial Services CORP. now owns 9,197 shares of the company's stock valued at $671,000 after buying an additional 46 shares during the last quarter. LSV Asset Management purchased a new stake in Occidental Petroleum Corp. during the second quarter valued at $111,000.

Executives hold 1.74 percent of the stock. Dr.

Occidental Petroleum Corporation (NYSE:OXY) stock is presently standing at about $66.44 and lots of equity research firms seem to have a target price set on the stock. The firm's market cap is $50.77 billion. The company's 50-day moving average price is $68.85 and its 200-day moving average price is $71.57.

Occidental Petroleum Corporation (OXY) have shown a high EPS growth of -16.70% in the last 5 years and has earnings decline of 87.70% yoy.

Growth Estimate for Occidental Petroleum Corporation (NYSE:OXY) is projected at 130.4 percent in the Current Quarter and 250 percent in the Next Quarter, according to analysts. (NYSE:CYH) in the last quarter reported its actual EPS of $-0.35/share where the analyst estimated EPS was $0.03/share. The business had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.70 billion.

Occidental Petroleum Corporation (NYSE:OXY) shows its Return on Assets (ROA) value of -1.4 percent, while the Return on Equity (ROE) value is -2.5 percent and Return on Investment (ROI) value stands at -3.5 percent.

Average Revenue Estimate for the current quarter is $2.96 Billion, according to consensus forecast of 6 analysts. The insider owns 1,535,619 shares as of 0.2%, now worth $102026526.36.

In the case of Occidental Petroleum Corp, the RSI reading has hit 29.9 - by comparison, the universe of energy stocks covered by Energy Stock Channel now has an average RSI of 48.8, the RSI of WTI Crude Oil is at 48.9, the RSI of Henry Hub Natural Gas is presently 34.7, and the 3-2-1 Crack Spread RSI is 40.7. Stockholders of record on Friday, March 10th will be given a $0.76 dividend.

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A number of other large investors have also made changes to their positions in OXY.

The 25 analysts offering 12-month price forecasts for Occidental Petroleum have a median target of 75.00, with a high estimate of 91.00 and a low estimate of 53.00. They noted that the move was a valuation call. Mizuho assumed coverage on shares of Occidental Petroleum Corp.in a report on Wednesday, October 5th. Bank of America Corporation downgraded Occidental Petroleum Corporation from a "buy" rating to a "neutral" rating in a report on Wednesday, January 4th. Goldman Sachs Group, Inc. On a price appreciation basis over the past 12 months, the stock returned -1.5%. Finally, Barclays PLC cut their target price on Occidental Petroleum Corporation from $63.00 to $62.00 and set an "underweight" rating on the stock in a research report on Thursday, January 26th.

The most recent short interest data show 1.66% of the company's stock are short sold.

Occidental Petroleum Corporation (NYSE:OXY) is over 13% above analysts' consensus price target of US$76.3. This transaction occurred on 2017-02-02 totals $272000.

The Average Volume of the company is 4.67 Million, while the Relative Volume of the company is 0.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. "Underperform" verdict was provided by 2 analysts and "Overweight" verdict was shared by 4 analysts. Following the transaction, the Director is left with a stake of 1,546,428 shares, now valued at $102744676. The disclosure for this sale can be found here. The stock appeared $77.06 above its 52-week highs and is down -2.57% for the last five trades. The company maintains price to book ratio of 2.39 vs.an industry average at 0.46. The Company operates through three segments: oil and gas, chemical (OxyChem), and midstream and marketing.

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