Occidental Petroleum Corporation (OXY): Research report on OXY Performance

SunTrust declared it was Upgrade coverage of Occidental Petroleum Corporation in a research note on June 19, 2020. The analysts assigned a Buy rating to the stock. BofA/Merrill rated the stock as a Buy in a research noted published on June 09, 2020. Wolfe Research rated the stock as an Underperform in a research note published on June 04, 2020.

Brown Oscar K, the Former Senior Vice President of Occidental Petroleum Corporation, sold 11839.0 shares at the valuation of $23.97 during an exchange that occurred on Jun 08, which implies that Brown Oscar K is holding 35,000 shares at the estimation of $283,781 dependent on the most recent closing price.

In another transaction, on Jun 05, Former Senior Vice President of Occidental Petroleum Corporation, Brown Oscar K, sold 52066.0 shares at the price of $19.42. After this activity, Brown Oscar K now keeps 46,839 shares of Occidental Petroleum Corporation, esteemed at $1,011,122 with the most recent shutting price.

OXY Recent Trade

The share price of OXY ascended by $0.68 during the exchanging session on 07/29/20 to exchange at $17.03. Occidental Petroleum Corporation stock has an exchanging volume of 16.38 million shares, which is low, contrasted with its 3-months average volume of 35.94M shares. Its market capitalization has now reached to $15.71B and analysts have a consensus target price of $15.64 in the 12-month period.

OXY Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, OXY price has rose by 0.47%. In the course of past three months sees the stock go up around 1.49%, while it has lost -57.92% over the past six months and -58.68% since the start of the year.

OXY Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 7.77 billion, which was higher than the gauge of 3.88B made by certain experts. For that equivalent quarter, Occidental Petroleum Corporation posted -$0.52 earnings per share (EPS) which was above the consensus estimate of -$0.63 by $0.11, which represents to an expansion by 17.50%.

OXY Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Occidental Petroleum Corporation has seen its stock exchanging -30.49% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +34.39% above its three-month low. A more extensive look sees OXY exchanging -68.49% beneath its 52-week high and 89.22% above from its 52-week low price.

OXY Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 3.28%, while it has a month to month instability of 5.24%. The Firm has an ATR (Average True Range) of 0.94 and a beta factor of 1.95.

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