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Occidental Petroleum (OXY)

(Delayed Data from NYSE)

$61.21 USD

61.21
9,935,690

-1.92 (-3.04%)

Updated Jul 22, 2024 04:00 PM ET

Pre-Market: $61.17 -0.04 (-0.07%) 8:20 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 40% (100 out of 250)

Industry: Oil and Gas - Integrated - United States

Better trading starts here.

Zacks News

Enbridge (ENB) to Divest Natural Gas G&P Units, Raise $4.3B

Enbridge's (ENB) assets in the divestment have a total capacity of 3.3 Bcf/day and 3,550 kilometer of natural gas gathering pipelines.

    ConocoPhillips Swaps Assets With BP, Expands Alaska Base

    ConocoPhillips (COP) will acquire BP???s 39.2% stake in the Greater Kuparuk oil field and expand its base in Alaska.

      BP Brings Shah Deniz 2 Gas Development Online in Azerbaijan

      Shah Deniz 2, BP's largest upstream project in 2018, will help the company reach production target of 900,000 barrels of oil by 2021.

        Eni (E) to Merge With Point Resources to Form Vaar Energi

        Eni's (E) attempt to strengthen presence in the Norwegian waters will facilitate expansion of portfolio through future exploration bid rounds and M&A transactions.

          Hess (HES) to Divest Interest in Utica Shale Play for $400M

          Hess' (HES) agreement to sell joint venture interest of Utica shale play is in sync with the strategy to focus on profitable projects which will boost prospects.

            Enbridge Receives PUC Nod for Line 3 Replacement Project

            PUC approves Enbridge's (ENB) replacement plan with minor alterations and certain conditions. However, protestors state that the project is a threat to the environment.

              5 Reasons to Add Northern Oil and Gas to Your Portfolio

              Northern Oil and Gas (NOG) seems a solid investment pick, promising better returns for investors on five factors.

                The Zacks Analyst Blog Highlights: ConocoPhillips, HollyFrontier, Northern Oil and Gas, Talos Energy and Occidental Petroleum

                The Zacks Analyst Blog Highlights: ConocoPhillips, HollyFrontier, Northern Oil and Gas, Talos Energy and Occidental Petroleum

                  Should VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) Be on Your Investing Radar?

                  Style Box ETF report for CDC

                    ExxonMobil, Co-Venturers Initiate Marketing of Rovuma LNG

                    ExxonMobil (XOM) and co-venturers are in talks to bind sales and purchase agreements for the Rovuma LNG with some affiliated buyers of the Area 4.

                      Swarup Gupta headshot

                      U.S. Crude Crosses $70 on Supply Fears: 5 Top-Ranked Picks

                      Reports emerged that the United States is urging countries to stop importing oil from Iran by November.

                        Eni (E) Discovers Oil in Kalimba-1 NFW, Offshore Angola

                        Eni's (E) discovery of oil in southern part of Block 15/06, in the Kalimba well, raises prospects for oil exploration.

                          Kinder Morgan to Channelize Permian Yield Via PHP Project

                          The PHP project will provide Kinder Morgan (KMI) a channel to transport higher natural gas production from the Permian Basin to emerging market areas along the Texas Gulf Coast.

                            SM Energy (SM) Releases Q2 Operational Updates, Raises View

                            SM Energy (SM) projects higher-than-expected second-quarter production volumes, courtesy of outstanding performance at the Midland Basin.

                              Petrobras (PBR) Loses Wage Lawsuit, to Pay $4.5 Billion

                              The ruling in favor of the workers is likely to result in wage increase of around 35% for 59,000 employees of Petrobras (PBR).

                                Sinopec, Albemarle Ink Non-Binding Accord for Hydrocracking

                                Sinopec's (SNP) subsidiaries and Albemarle will develop effective solutions for heavy feedstock hydrocracking for the global refining industry.

                                  BP Inks Deal to License Latest PTA Technology to Xinfengming

                                  BP and Xinfengming also sign a MoU to extend strategic co-operation along the polyester raw materials value chain.

                                    Enterprise Products Includes Vessel Fueling Services at EHT

                                    Enterprise Products' (EPD) fueling service at EHT indicates its capability and commitment toward upgrade of facilities.

                                      Hess (HES) Discovers Oil in Longtail-1 Exploration Well

                                      Hess (HES) projects the combined gross recoverable resources of Turbot and Longtail to surpass 500 million barrels of oil equivalent.

                                        Equinor to Foray into Solar Power with Guanizul 2A Buyout

                                        Equinor's (EQNR) acquisition of G2Asolar asset is in sync with its strategy to balance oil and gas portfolio with renewable energy sources.

                                          SandRidge Energy (SD) Looks Good: Stock Adds 7.5% in Session

                                          SandRidge Energy (SD) shares rose nearly 8% in the last trading session, amid huge volumes.

                                            Occidental Petroleum (OXY): An Off-the-Radar Potential Winner

                                            Although overlooked by the investors, Occidental Petroleum (OXY) looks well-positioned for a solid gain, supported by a favorable Zacks rank and positive estimate revisions.

                                              Rowan Grants Jackup to ARO Drilling on Lease for 3 Years

                                              ARO Drilling leases Rowan's (RDC) Super Gorilla XL Class jack-up rig for a contract with Saudi Aramco. This move will help the company participate in the growing market of Saudi Arabia.

                                                Stock Market News For Jun 19, 2018

                                                The Dow and the S&P 500 declined modestly on Monday, as trade war fears once again escalated making investors jittery.

                                                  Nalak Das headshot

                                                  Will OPEC Relax Output Curbs? Oil Stocks in Focus

                                                  Higher oil price and higher volume sales will significantly increase revenues of U.S. oil majors.