Burning Stocks on the move: Occidental Petroleum Corporation (NYSE:OXY), Callon Petroleum Company (NYSE:CPE)

Occidental Petroleum Corporation (NYSE:OXY)

Raymond James Upgrades Occidental Petroleum Corporation (NYSE:OXY)’s stock to Strong Buy with no specific Price Target. This rating was issued on 10/22/18. The stock recently closed its previous session at $68.23 by showing a percentage change of -3.41% from its previous day closing price of $70.64.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Occidental Petroleum Corporation (NYSE:OXY) in which Morgan Stanley Maintains Occidental Petroleum Corporation (NYSE:OXY) to Overweight by settling a price target of $101 on 10/12/18. PiperJaffray Assumes the stock to Overweight on 9/28/18 with no specific Price Target. Edward Jones Upgrades the company’s stock to Buy on 9/18/18 with no specific Price Target. Bank of America Maintains Occidental Petroleum Corporation (NYSE:OXY) to Buy with a price target of $105.

Occidental Petroleum Corporation (NYSE:OXY) currently has a consensus Price Target of $92.48. While some analysts have a High Price target for the stock of $106 and a Low Price Target of $73.

Several sell side analysts reviewed their recommendations on Occidental Petroleum Corporation (NYSE:OXY) where 6 analyst have rated the stock as Strong Buy, 9 analysts said it’s a Buy, 8 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.53. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Occidental Petroleum Corporation (NYSE:OXY) reported its Actual EPS of $1.1/share. The analysts offering Earnings Estimates for the company were believing that Occidental Petroleum Corporation (NYSE:OXY) could bring EPS of $1.21/share. The difference between Actual EPS and Estimated EPS was -0.11 Percent. Thus the company showed an Earnings Surprise of -9.1 Percent.

Occidental Petroleum Corporation (NYSE:OXY) has a market capitalization of 52.18 Billion. The stock traded with the volume of 7.28 Million shares in the last trading session. The stock touched its high share price of $87.67 on 06/07/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 03/08/18 as $62.47. The company has a 1 Year high price target of $94.73. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -12.36%. The Moving Average SMA50 is -12.96% while SMA200 is -11.44%.

Occidental Petroleum Corporation (NYSE:OXY) is currently showing its ROA (Return on Assets) of 5.2%. The Return on Investment (ROI) is at 2.2% while it’s Return on Equity (ROE) value stands at 10.8%. The stock currently shows its YTD (Year to Date) performance of -7.37 percent while its Weekly performance value is -6.43%. The Monthly and Yearly performances are -16.09 percent and 3.66 percent respectively. The Relative Volume value measured for Occidental Petroleum Corporation (NYSE:OXY) is 1.55. The Average Volume (3 months) is 4.7 Million.

The stock currently has its Annual Dividend of $3.12 and an annual Dividend Yield of 4.57 Percent. OXY has P/E (Price to Earnings ttm) value of 23.55, Forward P/E of 11.32, P/C (Price to cash per share) of 38.36 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 17.6 percent.

Company Profile:

Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. Occidental’s midstream and marketing segment gathers, processes, transports, stores, purchases and markets hydrocarbons and other commodities. Occidental’s wholly owned subsidiary, OxyChem, is a major North American chemical manufacturer. Occidental is committed to respecting the environment, operating safely and upholding high standards of social responsibility throughout the company’s worldwide operations. Occidental strategy relies on increasing production through developing conventional and unconventional fields. Occidental is a worldwide leader in applying advanced technology to boost production from mature oil and natural gas fields and access hard-to-recover reserves.

Callon Petroleum Company (NYSE:CPE)

Oppenheimer Initiates Coverage On Callon Petroleum Company (NYSE:CPE)’s stock to Outperform with the price target of $16. This rating was issued on 10/03/18. The stock recently closed its previous session at $9.92 by showing a percentage change of -8.49% from its previous day closing price of $10.84.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Callon Petroleum Company (NYSE:CPE) in which Barclays Initiates Coverage On Callon Petroleum Company (NYSE:CPE) to Overweight by settling a price target of $14 on 8/29/18. KLR Group Terminates the stock to Buy on 8/20/18 with no specific Price Target. Stifel Nicolaus Maintains the company’s stock to Buy on 6/12/18 by setting a price target of $21. KeyBanc Maintains Callon Petroleum Company (NYSE:CPE) to Overweight with a price target of $16.

Callon Petroleum Company (NYSE:CPE) currently has a consensus Price Target of $17.47. While some analysts have a High Price target for the stock of $24 and a Low Price Target of $11.5.

Several sell side analysts reviewed their recommendations on Callon Petroleum Company (NYSE:CPE) where 8 analyst have rated the stock as Strong Buy, 11 analysts said it’s a Buy, 5 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.35. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Callon Petroleum Company (NYSE:CPE) reported its Actual EPS of $0.21/share. The analysts offering Earnings Estimates for the company were believing that Callon Petroleum Company (NYSE:CPE) could bring EPS of $0.22/share. The difference between Actual EPS and Estimated EPS was -0.01 Percent. Thus the company showed an Earnings Surprise of -4.5 Percent.

Callon Petroleum Company (NYSE:CPE) has a market capitalization of 2.26 Billion. The stock traded with the volume of 7.27 Million shares in the last trading session. The stock touched its high share price of $14.65 on 05/09/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/09/18 as $9.75. The company has a 1 Year high price target of $17.49. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -18.7%. The Moving Average SMA50 is -14.8% while SMA200 is -15.91%.

Callon Petroleum Company (NYSE:CPE) is currently showing its ROA (Return on Assets) of 4.8%. The Return on Investment (ROI) is at 5.7% while it’s Return on Equity (ROE) value stands at 7.1%. The stock currently shows its YTD (Year to Date) performance of -18.35 percent while its Weekly performance value is -18.49%. The Monthly and Yearly performances are -18.02 percent and -3.31 percent respectively. The Relative Volume value measured for Callon Petroleum Company (NYSE:CPE) is 1.84. The Average Volume (3 months) is 3.94 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. CPE has P/E (Price to Earnings ttm) value of 14.7, Forward P/E of 7.39, P/C (Price to cash per share) of 4.52 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 45.7 percent.

Company Profile:

Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas properties since 1950.