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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

Pre-Market: $60.60 +0.19 (0.31%) 8:24 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 Buy24.15%
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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

Top 42% (104 out of 250)

Industry: Oil and Gas - Integrated - United States

Better trading starts here.

Zacks News

Sanghamitra Saha headshot

Fallen Angels to Buy Before They Flee? ETF & Stocks in Focus

An increasing number of borrowers are slipping into the category of the ???fallen angels??? amid the coronavirus outbreak.

Noble (NBL) Cuts Dividend & Expenses Amid Coronavirus Woes

Noble Energy (NBL) decides to undertake a few more measures to preserve liquidity amid the unprecedented drop in crude oil prices due to the outbreak of COVID-19.

PDC Energy Tightens Capex, Stalls Share Buyback on Crude Woes

PDC Energy's (PDCE) 2021 capital budget is projected to match the current-year revised capex plan.

US Oil Rig Tally Falls to Lowest Mark in More Than 3 Years

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

The Zacks Analyst Blog Highlights: ExxonMobil, Diamondback Energy, Concho Resources, Occidental and Whiting Petroleum

The Zacks Analyst Blog Highlights: ExxonMobil, Diamondback Energy, Concho Resources, Occidental and Whiting Petroleum

The Zacks Analyst Blog Highlights: ExxonMobil, Royal Dutch Shell, Chevron, Concho Resources and Occidental

The Zacks Analyst Blog Highlights: ExxonMobil, Royal Dutch Shell, Chevron, Concho Resources and Occidental

Kaibalya Pravo Dey headshot

OPEC+ Agrees to Oil Output Cut, Puts an End to Price War

President Trump agrees to help Mexico with production cuts, which favored the OPEC+ pact.

Nilanjan Choudhury headshot

Is the Biggest Production Cut Deal Big Enough to Save Oil?

Member countries of the OPEC+ group, looking to shore up prices, agreed to slash output by 10 million barrels per day, equal to roughly 10% of current worldwide production.

Do Options Traders Know Something About Occidental (OXY) Stock We Don't?

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

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

In the latest trading session, Occidental Petroleum (OXY) closed at $15.35, marking a -1.33% move from the previous day.

Nilanjan Choudhury headshot

Coronavirus Effect: Oil Inventory Surges, Gasoline Demand Tanks

Disruptions by the pandemic's effects depressed gasoline consumption by 1.6 million barrels last week to 5.1 million barrels per day - a record low.

Plains All American to Take Actions for Preserving Liquidity

Plains All American Pipeline (PAA) is set to take initiatives to preserve liquidity amid significant decline in crude oil price and demand caused by the outbreak of COVID-19.

Continental (CLR) Agrees to Suspend Dividend Due to Coronavirus

Continental (CLR) estimates global demand for crude oil and products to get affected by 30% as the coronavirus pandemic is hurting global energy demand.

Ovintiv Slashes Capex Twice in a Month, Betters Oil Hedges

Ovintiv (OVV) ensures strong cash-flow generation by streamlining oil hedges.

Oil Drillers Remove Rigs From Permian Basin & Eagle Ford

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

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

In the latest trading session, Occidental Petroleum (OXY) closed at $13, marking a +1.8% move from the previous day.

TOTAL (TOT) & Apache Discover More Oil in Offshore Suriname

TOTAL (TOT) and its joint venture partner Apache discover more oil in Block 58 offshore Suriname.

Murphy Oil to Cut 2020 Spending Again to Preserve Liquidity

Murphy Oil (MUR) undertakes further cost-saving initiatives amid COVID-19 crisis.

Nilanjan Choudhury headshot

U.S. Oil Stocks Rise Sharply, Coronavirus Chokes Gasoline Demand

Disruptions by the pandemic's effects depressed the gasoline demand by 2.2 million barrels last week, the most on record.

Whiting Petroleum Files for Bankruptcy Amid Oil Price Crash

Denver-based Whiting Petroleum (WLL) files for bankruptcy as the global oil market has collapsed due to weakness in oil prices and slackness in demand.

Delek Logistics (DKL) Acquires Big Spring From Delek US

Delek Logistics (DKL) acquires the Big Spring Gathering System from Delek US. The acquired assets are likely to be immediately accretive to Delek Logistics' distributable cash flow per unit.

Daniel Laboe headshot

What's The Deal With Oil?

The pandemic has created a supply glut, with demand vanishing almost overnight

The Zacks Analyst Blog Highlights: Diamondback, Marathon, Occidental, Chevron and Royal Dutch

The Zacks Analyst Blog Highlights: Diamondback, Marathon, Occidental, Chevron and Royal Dutch

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Operators Clamp Down on Capex to Combat Price Slump

Driven by the ongoing trough in oil prices, Chevron (CVX), Equinor (EQNR) and Eni (E) made announcements on spending cuts.

Jewel Saha headshot

Devon to Cut 2020 Spending Again Amid Choppy Oil Prices

Devon Energy (DVN) decides to lower its planned 2020 capital expenditure again by $300 million to safeguard liquidity amid falling crude oil prices.