Currently, there are 938.46M common shares owned by the public and among those 934.71M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -6.84% and -6.82% over the past three months. OXY shares are trading -5.99% year to date (YTD), with the 12-month market performance down to -22.92% lower. It has a 12-month low price of $45.17 and touched a high of $71.18 over the same period. OXY has an average intraday trading volume of 11.30 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.17%, -5.41%, and -14.28% respectively.
Institutional ownership of Occidental Petroleum Corp (NYSE: OXY) shares accounts for 77.30% of the company’s 938.46M shares outstanding.
It has a market capitalization of $43.59B and a beta (3y monthly) value of 1.54. The stock’s trailing 12-month PE ratio is 18.97, while the earnings-per-share (ttm) stands at $2.45. The company has a PEG of 2.97 and a Quick Ratio of 0.73 with the debt-to-equity ratio at 0.79. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.45% over the week and 2.83% over the month.
Earnings per share for the fiscal year are expected to increase by 0.37%, and 17.49% over the next financial year.
Looking at the support for the OXY, a number of firms have released research notes about the stock. Goldman stated their Sell rating for the stock in a research note on January 31, 2025, with the firm’s price target at $54-$45. JP Morgan coverage for the Occidental Petroleum Corp (OXY) stock in a research note released on November 08, 2024 offered a Neutral rating with a price target of $56. BofA Securities was of a view on October 17, 2024 that the stock is Neutral, while Goldman gave the stock Neutral rating on October 02, 2024, issuing a price target of $55. Wolfe Research on their part issued Outperform rating on July 18, 2024.
