Insider Activity for Investors: Occidental Petroleum Corporation (NYSE:OXY)

stock recommendation

Occidental Petroleum Corporation (NYSE:OXY) belonging to the Oils-Energy sector has surged 3% and closed its last trading session at $73.44.

The company reported its EPS on 11/01/2016. Currently, the stock has a 1 Year Price Target of $77.08.

The consensus recommendation, according to Zacks Investment research, is 2.59. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.59 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.59 and 2.59 respectively.

Occidental Petroleum Corporation on 11/01/2016 reported its EPS as $-0.15 with the analysts projecting the EPS of the stock as $-0.11. The company beat the analyst EPS Estimate with the difference of $-0.04. This shows a surprise factor of -36.4%.

Many analysts have provided their estimated foresights on Occidental Petroleum Corporation Earnings, with 18 analysts believing the company would generate an Average Estimate of $0.02. Whereas they predicted High and Low Earnings Estimate as $0.33 and $-0.12 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.17.

Analysts are also projecting an Average Revenue Estimate for Occidental Petroleum Corporation as $2.78 Billion in the Current Quarter. This estimate is provided by 6 analysts. The High Revenue estimate is predicted as 3.34 Billion, while the Low Revenue Estimate prediction stands at 2.28 Billion. The company’s last year sales total was 2.84 Billion.

For the Current Quarter, the growth estimate for Occidental Petroleum Corporation is 111.8%, while for the Next Quarter the stock growth estimate is 141.1%. In the past 5 years, the stock showed growth of -53.31% per annum. While for the next 5 years, the growth estimate is 160.39%.

The Company got Upgrade by Goldman on 16-Dec-16 from Sell to Neutral.

Insider Trades for Occidental Petroleum Corporation show that the latest trade was made on 14 Dec 2016 where Chazen (Stephen I), the Director completed a transaction type “Sell” in which 2000 shares were traded at a price of $71.13.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 10000 shares were traded. 1 Insider Sales transactions were made totaling 10000 shares traded.

24 analysts projected Price Targets for Occidental Petroleum Corporation. The analysts believe that the company stock price could grow as high as $91. The Low Price target projection by analysts is $63 and the Mean Price Target is $77.08.

Occidental Petroleum Corporation (NYSE:OXY) has the market capitalization of $56.11 Billion. The company rocked its 52-Week High of $78.48 on Aug 30, 2016 and touched its 52-Week Low of $58.24 on Jan 20, 2016. The stock has Return on Assets (ROA) of -12.9 percent. Return on Equity (ROE) stands at -23.4% and Return on Investment (ROI) of -25.4 percent.

The stock is currently showing YTD performance of 13.19 Percent. The company has Beta Value of 0.85 and ATR value of 1.69. The Weekly and Monthly Volatility stands at 2.19% and 2.18%.

Company profile:

Occidental Petroleum Corp. explores for, develops, produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals, including chlorine, caustic soda, and ethylene dichloride, as well as specialty chemicals and vinyls, including polyvinyl chloride resins and vinyl chloride monomer. Occidental conducts its principal operations through its oil and gas and chemical subsidiaries.