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Occidental Petroleum (OXY)

(Delayed Data from NYSE)

$53.44 USD

53.44
22,754,903

+0.19 (0.36%)

Updated Oct 2, 2024 04:00 PM ET

After-Market: $53.19 -0.25 (-0.47%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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

Bottom 22% (197 out of 252)

Industry: Oil and Gas - Integrated - United States

Better trading starts here.

Zacks News

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.

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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.

EOG Resources to Curb 2020 Capex Maintaining Flat Production

EOG Resources (EOG) expects its 2020 net cash from operations to cover its capital expenditures and dividend payouts.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Capex & Dividend Cuts Continue in the Hard-Hit Sector

In order to cope with the downward spiral in oil prices, the likes of Occidental Petroleum (OXY) and Apache (APA) slashed their dividend payouts.

TOTAL (TOT) Expands Presence in North Sea With New Discovery

TOTAL (TOT) expands presence in North Sea region through a new discovery made in the Central North Sea offshore U.K.

US Oil Drillers Continue to Add Rigs Despite Weak Crude Price

The count of oil rigs in the Permian increases for five consecutive weeks.

Devon Energy (DVN) Cuts 2020 Spending to Preserve Liquidity

Devon Energy (DVN) decides to lower 2020 capital expenditure by $500 million to withstand the challenges posed by falling oil prices.

Noble (NBL) to Cut Expenses Amid Falling Commodity Prices

Noble Energy (NBL) decides to lower capital expenditure for 2020 to preserve liquidity in the wake of falling commodity prices.

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Price Crash Forces U.S. Oil Companies to Slash Budgets

While plunging oil prices force U.S. producers to take a step back, it can lead to balance sheet strength and increasing financial flexibilities.

Murphy Oil Cuts Capital Budget Amid Strained Pricing Scenario

Coronavirus outbreak compels Murphy Oil (MUR) to curb its 2020 Capex by 335%.

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

Occidental Petroleum (OXY) closed the most recent trading day at $11.89, moving +0.76% from the previous trading session.

Company News for Mar 12, 2020

Companies In The News Are: TLSA, VIR, HEAR, CDMO

Stock Market News for Mar 12, 2020

U.S. stocks went south on Wednesday, after the World Health Organization (WHO) declared coronavirus a pandemic.

Sanghamitra Saha headshot

Oil Firms May Cut Dividends Ahead: ETFs & Stocks in Focus

If oil prices slip to around $20, we might see several dividend cuts in the space.

Sanghamitra Saha headshot

Global Oil Price War Begins: ETFs in Focus

Declining demand and OPEC+ producers' inability to crack an output cut deal dragged down oil prices and triggered a price war. These ETFs should be watched closely.

Occidental (OXY) to Cut Dividend by 86% on Falling Oil Prices

Occidental (OXY) decides to cut its dividend rate and capital expenditure to safeguard liquidity amid the sudden decline in global crude prices.

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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.