Occidental Petroleum Corporations in-depth stock price analysis indicates that the stock price has rallied 0.37% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -11.27% . Looking at the past 52 week period, the stock price is up at 2.1% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Occidental Petroleum Corporation has a positive value of 4.09 compared to overall market. Occidental Petroleum Corporation (NYSE:OXY) has tumbled 1.03% during the past week and has dropped 0.88% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.82%. Occidental Petroleum Corporation (NYSE:OXY) has underperformed the index by 2.66% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Occidental Petroleum Corporation (NYSE:OXY) : On Friday heightened volatility was witnessed in Occidental Petroleum Corporation (NYSE:OXY) which led to swings in the share price. The stock opened for trading at $68.57 and hit $69.9 on the upside , eventually ending the session at $68.47, with a gain of 0.41% or 0.28 points. The heightened volatility saw the trading volume jump to 7,394,535 shares. The 52-week high of the share price is $78.48 and the company has a market cap of $52,324 million. The 52-week low of the share price is at $64.093977 .
Occidental Petroleum Corporation Last issued its quarterly earnings results on Feb 9, 2017. The company reported $-0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.11. Analyst had a consensus of $-0.02. The company had revenue of $2826.00 million for the quarter, compared to analysts expectations of $2836.90 million. The companys revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.17 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Occidental Petroleum Corporation was Downgraded by BofA/Merrill to Neutral on Jan 4, 2017. Occidental Petroleum Corporation was Upgraded by Goldman to Neutral on Dec 16, 2016.
Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Stephen I Chazen (director) sold 4,000 shares at 68.00 per share price.On Dec 27, 2016, William R Klesse (director) purchased 10,000 shares at 72.15 per share price.On Jun 19, 2015, John E Feick (director) sold 10,000 shares at 79.07 per share price.
Occidental Petroleum Corp. explores for, develops, produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals, including chlorine, caustic soda, and ethylene dichloride, as well as specialty chemicals and vinyls, including polyvinyl chloride resins and vinyl chloride monomer. Occidental conducts its principal operations through its oil and gas and chemical subsidiaries.