Currently, there are 938.46M common shares owned by the public and among those 935.15M shares have been available to trade.
The company’s stock has a 5-day price change of -0.21% and -2.50% over the past three months. OXY shares are trading -4.35% year to date (YTD), with the 12-month market performance down to -23.85% lower. It has a 12-month low price of $44.70 and touched a high of $71.18 over the same period. OXY has an average intraday trading volume of 11.95 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 -1.29%, -3.30%, and -11.44% respectively.
Institutional ownership of Occidental Petroleum Corp (NYSE: OXY) shares accounts for 77.26% of the company’s 938.46M shares outstanding.
It has a market capitalization of $44.39B and a beta (3y monthly) value of 1.07. The stock’s trailing 12-month PE ratio is 19.30, while the earnings-per-share (ttm) stands at $2.45. The company has a PEG of 3.38 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 2.83% over the week and 3.18% over the month.
Analysts forecast that Occidental Petroleum Corp (OXY) will achieve an EPS of 0.74 for the current quarter, 0.86 for the next quarter and 4.1 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.36 while analysts give the company a high EPS estimate of 0.36. Comparatively, EPS for the current quarter was 0.63 a year ago. Earnings per share for the fiscal year are expected to decrease by -1.33%, and 19.45% over the next financial year.
Looking at the support for the OXY, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on March 10, 2025, with the firm’s price target at $81-$64. Goldman coverage for the Occidental Petroleum Corp (OXY) stock in a research note released on January 31, 2025 offered a Sell rating with a price target of $45. JP Morgan was of a view on November 08, 2024 that the stock is Neutral, while BofA Securities gave the stock Neutral rating on October 17, 2024, issuing a price target of $57. Goldman on their part issued Neutral rating on October 02, 2024.
