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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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 40% (100 out of 250)

Industry: Oil and Gas - Integrated - United States

Better trading starts here.

Zacks News

US Oil & Gas Rig Tally Sets Record Lows for 3 Straight Weeks

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

Occidental, TOTAL Cancel Deal for Remaining Africa Assets

After TOTAL decides against acquiring Occidental's (OXY) Ghana assets, the latter is set to find a new buyer for the same.

US Witnesses All-Time Low Oil & Gas Rig Tally for Second Week

Oil drillers in the Permian basin continue to remove rigs since the coronavirus pandemic dented global energy demand.

The Zacks Analyst Blog Highlights: EOG Resources, Occidental Petroleum, ExxonMobil, Chevron and BP

The Zacks Analyst Blog Highlights: EOG Resources, Occidental Petroleum, ExxonMobil, Chevron and BP

Nilanjan Choudhury headshot

4 Reasons Why U.S. Oil Prices Moved 9% Higher on May 14

On Thursday, WTI crude futures marked their highest finish since Apr 3.

Noble Energy (NBL) Q1 Earnings Top Estimates, Revenues lag

Noble Energy's (NBL) first-quarter earnings surpass estimates. The company trims its 2020 capital expenditure guidance to preserve liquidity.

WPX Energy (WPX) Q1 Earnings and Revenues Beat Estimates

WPX Energy's (WPX) first-quarter earnings and revenues surpass estimates. The company reduces its 2020 capital expenditure guidance to preserve liquidity.

Stock Market News for May 7, 2020

Benchmarks closed mixed on Wednesday as data showed that private payroll had furloughed more than 20 million workers in April, highlighting the economic impact of the pandemic.

Occidental (OXY) Q1 Loss Wider Than Expected, Revenues Top

Occidental's (OXY) first-quarter revenues surpass the Zacks Consensus Estimate. The company withdraws its 2020 guidance on account of market disruption caused by COVID-19.

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Devon Energy (DVN) Tops Q1 Earnings Estimates, Cuts '20 View

Devon Energy's (DVN) first-quarter earnings beat estimates. The company has taken measures to preserve liquidity amid the economic crisis caused by the novel coronavirus outbreak.

Occidental Petroleum (OXY) Reports Q1 Loss, Tops Revenue Estimates

Occidental (OXY) delivered earnings and revenue surprises of -4.00% and 23.48%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Occidental (OXY) to Post Q1 Earnings: What's in the Offing?

Occidental Petroleum (OXY) is set to release first-quarter 2020 results on May 5. It has taken additional initiatives to counter the challenges posed by the outbreak of COVID-19.

Concho (CXO) Reports In Line Q1 Earnings, Slashes Capex

Concho Resources (CXO) expects 2020 volumes to remain flat year over year as it looks to complete 110 to 130 gross wells for the remainder of this year while working with an average of eight rigs.

Occidental Petroleum (OXY) Stock Moves -0.83%: What You Should Know

Occidental Petroleum (OXY) closed the most recent trading day at $16.64, moving -0.83% from the previous trading session.

Nilanjan Banerjee headshot

Oil & Gas US Integrated Industry Outlook Shadowed by Coronavirus

Weak upstream and downstream businesses continue to hurt U.S. integrated energy players.

Maharathi Basu headshot

5 Broker-Friendly Stocks to Counter Coronavirus Jitters

It is in the best interest of investors to seek appropriate guidance from brokers who are deemed experts in the field of investing.

Analysts Estimate Occidental Petroleum (OXY) to Report a Decline in Earnings: What to Look Out for

Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sanghamitra Saha headshot

Fearing Cut in Current Income? 5 Dividend Stocks Looking Safe

As dividend cuts and suspensions have been rampant amid the coronavirus crisis, investors may take a look at these safer and quality dividend stock picks.

CNX Resources (CNX) Beats Q1 Earnings Estimates, Trims View

CNX Resources' (CNX) first-quarter earnings per share and revenues surpass the respective Zacks Consensus Estimate.

Occidental Petroleum (OXY) Stock Sinks As Market Gains: What You Should Know

Occidental Petroleum (OXY) closed the most recent trading day at $13.82, moving -0.4% from the previous trading session.

Nilanjan Choudhury headshot

Coronavirus Pushes Oil Supplies Toward Record, Hits Fuel Demand

Per the official U.S. data, oil inventories - at 518.6 million barrels - are now close to their peak of 535.5 million barrels achieved in March 2017.

Sanghamitra Saha headshot

Fearing a Cut in Current Income? 5 Safe Dividend ETFs

As dividend cuts and suspensions have been rampant amid the coronavirus crisis, investors may take a look at these safer and quality dividend ETF picks.

Nilanjan Choudhury headshot

Oil Goes Below Zero: What's Behind the Negative Pricing?

The nearest-month oil contract is suffering from a perfect storm of bad news - demand slump, the global coronavirus pandemic and a supply glut.

NuStar Inks $750M Term-Loan Deal, Cuts Capex to Fight Coronavirus

In addition to cost controlling, NuStar Energy (NS) signs a $750-million unsecured term-loan contract with funds managed by Oaktree Capital Management, L.P.

Nilanjan Choudhury headshot

Why Oil Prices Keep Falling and are Likely to Remain Low

The federal government's EIA report revealed that crude inventories surged by 19.2 million barrels, the largest ever, for the week ending Apr 10.