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Occidental Petroleum (OXY)

(Real Time Quote from BATS)

$51.18 USD

51.18
2,588,184

-0.21 (-0.41%)

Updated Nov 7, 2024 11:12 AM 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

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 C Growth F Momentum C 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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Bottom 10% (225 out of 251)

Industry: Oil and Gas - Integrated - United States

Zacks News

WPX Energy (WPX) Q3 Earnings Beat Estimates, 2020 View Up

WPX Energy's (WPX) third-quarter earnings surpass expectation. The company slashes its 2020 capital expenditure guidance and raises 2020 free cash flow expectation.

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.

Devon Energy (DVN) Q3 Loss Narrower Than Expected, View Up

Devon Energy's (DVN) third-quarter earnings are higher than expected. The company increases its oil production volume guidance for 2020.

CNX Resources (CNX) Q3 Earnings Beat Estimates, View Up

CNX Resources' (CNX) third-quarter earnings are higher than expected. The company increases its production volume guidance for 2020.

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What's Behind the Recent Frenzy of U.S. Energy M&A Deals?

Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP) and Devon Energy (DVN) have all recently acquired smaller firms with attractive asset bases.

Implied Volatility Surging for Occidental (OXY) Stock Options

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

Chevron (CVX) Announces Noble Energy Acquisition Deal Closure

The takeover deal will expand Chevron's (CVX) international presence. It can now access Noble Energy's low-cost, proven reserves along with its cash-generating offshore assets in Israel.

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

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

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.

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

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.

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Devon & WPX Energy Eyeing Permian Dominance Through Merger

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.

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

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

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

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

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?

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

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?

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

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

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

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

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

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

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

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.