Occidental Petroleum Corporation (OXY) Shares are Up 0.82%

Occidental Petroleum Corporation (OXY) : Traders are bullish on Occidental Petroleum Corporation (OXY) as it has outperformed the S&P 500 by a wide margin of 3.48% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.49%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.82% in the last 1 week, and is up 3.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.63% and the fifty day Moving Average is 2.2%. Occidental Petroleum Corporation is up 2.34% in the last three month period. Year-to-Date the stock performance stands at 16.51%.

Occidental Petroleum Corporation (OXY) : Average target price received by Occidental Petroleum Corporation (OXY) is $78.79 with an expected standard deviation of $7.99. The most aggressive target on the stock is $91, whereas the most downbeat target is $64. 14 financial analysts are currently covering the stock.


Occidental Petroleum Corporation (NYSE:OXY): On Fridays trading session , Opening price of the stock was $77.54 with an intraday high of $77.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $76.85. However, the stock managed to close at $77.17, a loss of 0.25% for the day. On the previous day, the stock had closed at $77.36. The total traded volume of the day was 3,517,376 shares.

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.

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