Occidental Petroleum (OXY) Expected to Announce Quarterly Sales of $3.62 Billion

Marco Green
April 16, 2018

Ims Capital Management holds 0.21% or 4,656 shares in its portfolio. Time Warner Inc now has $75.40 billion valuation. About 6.87 million shares traded or 115.84% up from the average. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 16, 2017 and is uptrending. It has underperformed by 59.12% the S&P500.

Financial Counselors Inc decreased its stake in Occidental Petroleum Corp (OXY) by 65.05% based on its latest 2017Q4 regulatory filing with the SEC. Shortening the period, the five-month price index is 1.1, the three-month price index is 0.98, while the one month price change is now 1.14. Rookie investors may also make the error of holding onto shares that continue to drop in value.

Trading volume, or volume, is the number of shares or contracts that point towards the full activity of a security or stock market for a given period. Over the last quarter, shares have performed 6.94%. New Mexico Educational Retirement Board holds 0.2% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 73,513 shares.

Investors of record on Friday, March 9th will be given a $0.77 dividend. 262 rose holdings while 113 funds bought holdings. 613.25 million shares or 1.87% more from 602.00 million shares in 2017Q3 were reported. Mackenzie Financial Corp now owns 1,985,993 shares of the oil and gas producer's stock worth $146,288,000 after buying an additional 1,456,337 shares during the last quarter. Teachers Annuity Association Of America invested in 162,162 shares. King Luther Mngmt Corp, Texas-based fund reported 1.44 million shares. 120,471 are owned by Stephens Inc Ar. Huntington Bank has 99,049 shares. Ngam Advisors LP stated it has 0.2% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). Brandywine Inv Management Ltd accumulated 0.01% or 26,926 shares. Bbva Compass Financial Bank reported 11,493 shares stake.

Occidental Petroleum Corporation (OXY) now trades at a 42.42 P/E multiple, with a forward P/E multiple of 26.14.

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. Vident Invest Advisory Lc accumulated 0.04% or 10,601 shares. Halbert Hargrove Russell Limited Liability Corporation, California-based fund reported 15,273 shares. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the stock. Therefore 24% are positive. Occidental Petroleum had 23 analyst reports since October 18, 2017 according to SRatingsIntel. On Thursday, February 15 the firm has "Neutral" rating by JP Morgan given. Shifting gears, the company has a current interest coverage value of 3.81. The stock rating was maintained by Mizuho with "Hold" on Tuesday, January 16. Mizuho has "Neutral" rating and $70 target. Finally, Zacks Investment Research lowered Occidental Petroleum from a strong-buy rating to a hold rating in a research report on Tuesday, March 13th. The company rating was maintained by Morgan Stanley on Wednesday, January 24. Moreover, Barclays Public has 0.04% invested in Occidental Petroleum Corporation (NYSE:OXY) for 728,267 shs. Credit Suisse has "Hold" rating and $62.0 target. Amica Retiree Med Trust holds 12,035 shs or 0.67% of its capital.

Analysts await Occidental Petroleum Corporation (NYSE:OXY) to report earnings on May, 3. The total market cap for the stock is $56.38B while it has a PE ratio of 43.52, its price-to-earnings-growth ratio reads 4.45 while it has a beta of 0.66. As a result, the company has an (Earning per Share) EPS growth of 0.81% for the coming year. $638,380 worth of stock was sold by Deboer Scott J on Wednesday, February 7. (NYSE:TWX) or 4,019 shares. Mondry Lawrence N sold $2.17 million worth of stock. It also upped Franco Nevada Corp (NYSE:FNV) stake by 10,000 shares and now owns 256,158 shares. Sometimes these analyst projections are spot on, and other times they are off. Jefferies maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Tuesday, August 29. Occidental Petroleum has a 1-year low of $57.20 and a 1-year high of $78.09.

Among 40 analysts covering Time Warner Inc. The CCI indicator is generally used to identify overbought and oversold levels. Chicago Bridge & Iron Company had 51 analyst reports since August 14, 2015 according to SRatingsIntel. CLSA downgraded Time Warner Inc. The rating was maintained by Maxim Group with "Buy" on Wednesday, April 27. The rating was downgraded by Deutsche Bank to "Hold" on Friday, August 5. BMO Capital Markets maintained the shares of TWX in report on Thursday, July 13 with "Hold" rating. Wells Fargo stated diluted earnings per share of 1.12 dollars, and revenue of 21.9 billion dollars. Brookstone Capital invested in 88,093 shs. (NYSE:TWX) on Monday, November 20 with "Hold" rating. On Monday, January 15 the stock rating was maintained by RBC Capital Markets with "Buy".

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