Occidental Petroleum Corporation (OXY) : During the past 4 weeks, traders have been relatively bearish on Occidental Petroleum Corporation (OXY), hence the stock is down -5.57% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.82% relative to the S&P 500. The 4-week change in the price of the stock is -3.22% and the stock has fallen -1.41% in the past 1 week.
Occidental Petroleum Corporation (NYSE:OXY): The stock opened at $74.20 on Friday but the bulls could not build on the opening and the stock topped out at $74.20 for the day. The stock traded down to $73.06 during the day, due to lack of any buying support eventually closed down at $73.68 with a loss of -0.77% for the day. The stock had closed at $74.25 on the previous day. The total traded volume was 3,842,620 shares.
The stock has recorded a 20-day Moving Average of 2.35% and the 50-Day Moving Average is 2.24%. Occidental Petroleum Corporation has dropped 2.17% during the last 3-month period . Year-to-Date the stock performance stands at 11.24%.
Occidental Petroleum Corporation (OXY) : The most positive equity analysts on Occidental Petroleum Corporation (OXY) expects the shares to touch $91, whereas, the least positive believes that the stock will trade at $61 in the short term. The company is covered by 15 Wall Street Brokerage Firms. The average price target for shares are $79.2 with an expected fluctuation of $8.08 from the mean.
Occidental Petroleum Corporation (Occidental) is engaged in the oil and gas exploration and production. The Company, through its subsidiaries and affliates, operates in the United States, Middle East/North Africa and Latin America. Occidental operates through three segments. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGL) and natural gas. The chemical (OxyChem) segment manufactures and markets basic chemicals and vinyls. The midstream, marketing and other segment (midstream and marketing) gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. It also trades around its assets, including transportation and storage capacity, and trades oil, NGLs, gas and other commodities.