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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

The Zacks Analyst Blog Highlights: Occidental, Diamondback, Marathon, Schlumberger and Transocean

The Zacks Analyst Blog Highlights: Occidental, Diamondback, Marathon, Schlumberger and Transocean

Nilanjan Choudhury headshot

Oil at $20 a Barrel: Who Wins, Who Loses & Who Survives?

As the world remains awash in crude oil, prices might go even lower before they start climbing higher.

US Oil Rig Tally Declines the Most in 5 Years: Here's Why

The count of oil rigs in Permian declines for two consecutive weeks.

Occidental (OXY) Down 63.5% 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.

NuStar Energy Cuts 2020 Capex View, Follows No Lay-Off Rule

While the reviewed budget will help NuStar Energy (NS) tide over the tough market landscape and keep its operations intact, it will also retain its staff on the current payroll.

The Zacks Analyst Blog Highlights: Chevron, Royal Dutch Shell, Diamondback Energy, Apache and Occidental

The Zacks Analyst Blog Highlights: Chevron, Royal Dutch Shell, Diamondback Energy, Apache and Occidental

Occidental (OXY) to Cut More Spending Amid Choppy Prices

Occidental (OXY) decides to cut down its planned 2020 capital expenditure again to cope with the situation created by declining crude oil prices.

Nilanjan Choudhury headshot

Oil Up for 3rd Day: Can it Recover from Coronavirus Swings?

The U.S. Energy Department's latest inventory release revealed a ninth straight weekly increase in stockpiles though the build was lower than expected.

Occidental Petroleum (OXY) Surges: Stock Moves 10.6% Higher

Occidental Petroleum (OXY) saw a big move last session, as its shares jumped nearly 11% on the day, amid huge volumes.

Suncor Energy Limits 2020 Capex by 26%, Lowers Output Guidance

Suncor Energy (SU) trimmed its 2020 capital spending guidance by nearly 26% due to an unexpected drop in oil prices and bleak global demand on account of the coronavirus outbreak.

Shell Axes 2020 Capex by $5B, Adheres to $10B Divestment Plans

Apart from bridling costs, Shell (RDS.A) puts its $25- billion share buyback plan on the back burner to survive the current oil price distress.

Delek Gulps Poison Pill After Icahn Buys 14.8% of its Stake

Delek's (DK) limited-duration stockholder rights plan is sustained as its present share value does not vouch for its inbuilt long-term worth following the coronavirus pandemic and the oil price slump.

TOTAL (TOT) Plans to Counter COVID-19 Impact on Oil Prices

TOTAL (TOT) takes steps to preserve liquidity amid the ongoing decline of global oil prices.

Nilanjan Banerjee headshot

US Oil Rig Tally Declines the Most Since April: Here's Why

The count of oil rigs in the Permian registers a decline, following five consecutive weeks of increase.

Diamondback Trims 2020 Capital Budget, Lowers Output View

Diamondback's (FANG) expected 2020 production volumes indicate a decline from 195,000 barrels per day (bpd) reported in fourth-quarter 2019.

Nilanjan Choudhury headshot

Reasons for Oil's Wild Ride: Coronavirus, Price War & EIA Data

The U.S. Energy Department's latest inventory release revealed an eighth straight weekly increase in crude stockpiles though the build was lower than expected.

Devon's (DVN) Hedging Safeguards It Amid Falling Oil Price

Devon Energy's (DVN) 2020 estimated oil and gas production hedges will assist it to safeguard its profitability amid the falling oil prices.

Parsley Energy Slashes 2020 Capex by 40%, Expects $225M FCF

Taking the current market volatility into account, Parsley Energy's (PE) executive heads plan to cut their respective annual cash compensations by at least 50% from the prior- year level.

Sanghamitra Saha headshot

How Bleak Are Things for Buyback ETFs Amid Coronavirus Crisis

While the coronavirus-led cash crisis has compeled some companies to halt buybacks, some annnuced new authorization to advantage from the battered prices.

Sweta Killa headshot

Oil & ETFs: What Investors Need to Know

Oil price has been in a freefall on a combination of excess supply and shrinking demand. Here, we have tried to figure out the impact of the commodity decline on ETF world.

Canadian Natural to Curb 2020 Capex Retaining Flat Output

Canadian Natural (CNQ) anticipates 2020 production in the 1,137,000-1,207,000 boe/d range, flat with prior guidance. This marks its increased efficiency in operations.

WPX Energy Cuts Spending by $400M to Preserve Liquidity

WPX Energy (WPX) like other oil and gas companies has decided to cut down its capital expenditure by $400 million to preserve liquidity amid falling oil prices.

Concho Resources Endures Weak Oil Price, Trims Capex to $2B

Concho Resources' (CXO) success in sustaining a solid financial base in 2019 with $2.1 billion of liquidity and no near-term debt maturities is pleasing to investors' ears.

Cimarex to Cut 2020 Capex Without Denting Production Levels

Cimarex Energy (XEC) intends to generate sufficient free cash flow in the current weak oil price environment to enable it to maintain its dividend payouts.

Pioneer Natural Slashes 2020 Capex by 45%, Expects $500M FCF

Pioneer Natural (PXD) intends to use its free cash flow for dividend payments and maintaining balance sheet strength.