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Occidental Petroleum (OXY)

(Delayed Data from NYSE)

$60.41 USD

60.41
8,845,665

-0.80 (-1.31%)

Updated Jul 23, 2024 04:00 PM ET

After-Market: $60.33 -0.08 (-0.13%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 40% (100 out of 250)

Industry: Oil and Gas - Integrated - United States

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Zacks News

Occidental (OXY) to Sell Onshore Assets in Colombia for $825M

by Zacks Equity Research

Occidental Petroleum (OXY) decides to dispose its onshore assets in Colombia to The Carlyle Group for a deal value of $825 million. This will help the company decrease its debt burden.

Devon Sells Barnett Shale Assets, to Focus on Oil Resources

by Zacks Equity Research

Devon Energy (DVN) completes the sale of its Barnett Shale assets, which improves its liquidity. This will allow the company to focus on oil rich basins.

Nilanjan Choudhury headshot

Can Colorado's Oil & Gas Industry Survive the Stricter Rules?

by Nilanjan Choudhury

The regulations would require new oil and gas wells to be drilled at least 2,000 feet from most buildings, quadrupling from the current requirement of 500 feet.

Jewel Saha headshot

Devon & WPX Energy Eyeing Permian Dominance Through Merger

by Jewel Saha

Per a media report, Devon (DVN) and WPX Energy (WPX) are in merger talks, which will create another company with a strong presence in the prolific Permian Basin.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Chevron's Ecuador Win, Eni's Egypt Gas Find & More

by Nilanjan Choudhury

The District Court of The Hague ruled in favor of U.S. energy major Chevron (CVX) in an environmental dispute with Ecuador, while Italy's Eni (E) made a new gas discovery offshore Egypt.

Ecopetrol (EC) Eyes 100 Permian Well Drillings by 2021-End

by Zacks Equity Research

Ecopetrol (EC) is trying to capture more demand through expanding crude oil sales to South Korea and India.

Israel Favours Chevron's (CVX) Takeover Deal With Noble Energy

by Zacks Equity Research

Certain green activists are resenting Israel's decision to sell off natural resources to Chevron (CVX) and express their concerns over the issue at the country's parliamentary session.

Occidental (OXY) Notes Exchanged for Western Midstream Units

by Zacks Equity Research

Occidental Petroleum (OXY) enters into an agreement with Western Midstream to lower its debt burden.

Are Options Traders Betting on a Big Move in Occidental Petroleum (OXY) Stock?

by Zacks Equity Research

Investors need to pay close attention to Occidental Petroleum (OXY) stock based on the movements in the options market lately.

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Crude Sell-Off Deepens As EIA Reports First Build in 7 Weeks

by Nilanjan Choudhury

EIA report for the week ending Sep 4 revealed that crude inventories rose by 2 million barrels compared to expectations of a 500,000-barrel decline.

Occidental (OXY) Down 27.1% Since Last Earnings Report: Can It Rebound?

by Zacks Equity Research

Occidental (OXY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Oil & Gas Stock Roundup: TOTAL's EV Battery JV, Chevron's Gorgon Delay & More

by Nilanjan Choudhury

TOTAL SE (TOT) combined with Groupe PSA to create a JV to produce EV batteries, while Chevron (CVX) deferred the restart of Train 2 at its Gorgon LNG plant in Western Australia until October.

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4 US Integrated Oil Stocks to Escape Industry Woes Amid Coronavirus

by Nilanjan Banerjee

Social-distancing measures to combat coronavirus have dented America's fuel demand and clouded the outlook for the Zacks Oil & Gas US Integrated industry. But with oil prices improving steadily, COP, HES, OXY and MRO should do well on strong fundamentals.

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Oil & Gas Stock Roundup: Occidental's Land Deal, TOTAL's FID & More

by Nilanjan Choudhury

Occidental Petroleum (OXY) agreed to sell more than 5 million acres of land and mineral rights, while TOTAL (TOT) and its partners took the FID for the third phase of the Mero project in Brazil.

Occidental to Sell $1.33B Assets as Part of Divestment Goal

by Zacks Equity Research

Occidental (OXY) is going to sell some of the non-core assets to Orion for $1.33 billion to lower its debt burden.

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Oil & Gas Stock Roundup: Southwestern's Acquisition, Chevron's Investment & More

by Nilanjan Choudhury

Southwestern Energy (SWN) agreed to acquire Montage Resources (MR) in an all-stock transaction, while Chevron (CVX) announced its investment in the nuclear fusion start-up Zap Energy.

Occidental (OXY) Q2 Loss Wider Than Expected, Sales Miss

by Zacks Equity Research

Occidental Petroleum's (OXY) second-quarter loss is wider than expected. The company is efficiently managing expenses and its Permian resources continue to strongly contribute to production.

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Oil & Gas Stock Roundup: Bunch of Q2 Earnings & Canadian Natural's Acquisition

by Nilanjan Choudhury

Shale operators EOG Resources (EOG), Pioneer Natural Resources (PXD) and Diamondback Energy (FANG) reported Q2 earnings, while Canadian Natural Resources (CNQ) agreed to buy Painted Pony Energy.

Canadian Natural Inks Acquisition Deal With Painted Pony

by Zacks Equity Research

The proposed takeover deal will allow Canadian Natural (CNQ) to boost its natural gas holdings and improve production capacity.

Occidental Petroleum (OXY) Reports Q2 Loss, Misses Revenue Estimates

by Zacks Equity Research

Occidental (OXY) delivered earnings and revenue surprises of -6.02% and -23.57%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Should You Buy Occidental (OXY) Ahead of Earnings?

by Zacks Equity Research

Occidental (OXY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Occidental (OXY) to Post Q2 Earnings: What's in the Cards?

by Zacks Equity Research

Occidental Petroleum's (OXY) second-quarter 2020 earnings are likely to have benefited from the hedging program and cost-saving initiatives.

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Oil & Gas Stock Roundup: The Big Oil Q2 Earnings Edition

by Nilanjan Choudhury

Integrated supermajors ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), BP plc (BP) and TOTAL S.A. (TOT) reported June-quarter earnings.

Occidental Petroleum (OXY) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

by Zacks Equity Research

Occidental (OXY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Noble (NBL) Q2 Loss Narrower Than Expected, Revenues Miss

by Zacks Equity Research

Noble Energy's (NBL) second-quarter loss is narrower than expected. The company is set to be acquired by Chevron.