|Bid||39.01 x 3200|
|Ask||38.98 x 2200|
|Day's range||38.10 - 39.03|
|52-week range||37.54 - 68.83|
|Beta (3Y monthly)||0.88|
|PE ratio (TTM)||28.56|
|Earnings date||10 Feb 2020 - 14 Feb 2020|
|Forward dividend & yield||3.16 (8.22%)|
|1y target est||50.95|
Warren Buffett, Carl Icahn, Jerry Jones and Sam Zell are just a few of the bargain-hunters flocking to the energy industry — the worst-performing sector of 2019. The miserable year caps a grim decade, which has brought the oil and gas sector’s weighting in the S&P 500’s market capitalisation to a record-low 4 per cent. That is down dramatically from the 13 per cent weighting of 2008, when oil was trading above $140 a barrel and the world was much less determined to wean itself off fossil fuels. In 2011 the energy sector was trading at about the same level as the broader market, as a multiple of book value.
Occidental (OXY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
With the 2010s officially drawing to a close, Yahoo Finance took a look at some of the biggest S&P 500 winners and losers of the past decade based on price returns.
Spartan Motors, Occidental, Tesla, Ford and General Motors highlighted as Zacks Bull and Bear of the Day
Of Ecopetrol's (EC) 2020 capital spending, 80% and 11% are likely to be directed toward upstream and downstream operations, respectively.
Zacks Value Trader Highlights: RH, Occidental Petroleum, Suncor Energy, Phillips 66 and Restaurant Brands
Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday. Icahn sued Occidental in Delaware Court of Chancery last May seeking financial records and details of its negotiations with Anadarko.
Activist investor Carl Icahn has urged the Occidental Petroleum management to immediately sell off some of its midstream assets following the $38 billion Anadarko takeover
Ecopetrol Joint Venture: Occidental has completed the transaction to form its previously announced strategic partnership with Ecopetrol to develop 97,000 net acres of assets in the Midland Basin for $750 million in cash plus $750 million in carried capital. The joint venture will allow Occidental to accelerate its development plans in the Midland Basin, where it currently has minimal activity, while working with one of Occidental’s most respected partners.
While the commodity pricing scenario continues to be challenging, both EOG Resources (EOG) and Occidental Petroleum (OXY) benefited from higher year-over-year production.
Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter. Occidental offered about 200,000 acres in the Denver-Julesburg Basin of Wyoming and Colorado that produce $66 million a year in cash flow, mostly in mineral royalties, according to marketing documents. RBC Capital Markets is handling the sale, with bids due next month.
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion (£29.76 billion) acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday. Icahn has opposed the deal as "hugely overpriced" and a misplaced bet-the-company gamble on oil prices rising, and urged Occidental's board to instead put the company on the market. Occidental bought rival Anadarko in August for $38 billion despite investor opposition to the deal, which did not go to an Occidental shareholder vote for approval.
Noble Energy's (NBL) Q3 loss is narrower than expected. The company lowers its 2019 capital expenditure guidance, indicating that its important projects are close to completion.
HOUSTON, Nov. 06, 2019 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.79 per share on.
Investing.com – Many investors want or expect stocks to move higher, but a little buyer reluctance took over the stock market on Wednesday.
Devon Energy's (DVN) Q3 earnings are better than expected on the back of strong production from its U.S. assets and cost-cutting initiatives.
On November 4, Occidental Petroleum (OXY) released its Q3 earnings after markets closed. The battle between Carl Icahn and Warren Buffett is heating up.
It seems that bullish sentiment is finally returning to oil markets with trade war discussions making progress and OPEC suggesting that it will cut deeper in December
Occidental Petroleum Corp on Tuesday said sharp reductions in capital spending next year will result in oil and gas production growth of just 2%, missing the target for 5% growth of the combined business with Anadarko Petroleum. Occidental plans to slash spending by 40% and cut back on production goals in order to meet dividend and debt payments, it disclosed Monday when it released third quarter financial results. It plans 2020 spending of about $5.4 billion and a 2021 budget of $6.6 billion (£5.13 billion pounds), Chief Executive Officer Vicki Hollub said on Tuesday on a call with analysts.