Occidental Petroleum Corporation (OXY) Analysts See $1.38 EPS

October 14, 2018 - By Ash

Occidental Petroleum Corporation (NYSE:OXY) LogoInvestors sentiment increased to 1.05 in 2018 Q2. Its up 0.06, from 0.99 in 2018Q1. It increased, as 42 investors sold Occidental Petroleum Corporation shares while 352 reduced holdings. 127 funds opened positions while 286 raised stakes. 592.33 million shares or 1.99% less from 604.35 million shares in 2018Q1 were reported.
Credit Suisse Ag reported 2.39M shares. Gofen & Glossberg Ltd Liability Corp Il invested in 0.65% or 209,288 shares. Franklin Resource reported 7.79 million shares. Ubs Asset Mngmt Americas Incorporated holds 2.61 million shares. Ariel Investments Lc reported 0.25% stake. Arosa Limited Partnership holds 3.92% or 358,482 shares. Torch Wealth Limited Liability Com invested 1.72% in Occidental Petroleum Corporation (NYSE:OXY). Coldstream Mgmt reported 0.02% stake. Ls Advsr Ltd Liability Company accumulated 22,224 shares or 0.11% of the stock. Reaves W H & Comm Inc holds 0.39% or 137,052 shares. South Dakota Council has 76,900 shares for 0.14% of their portfolio. Communication Of Virginia Va holds 0.13% in Occidental Petroleum Corporation (NYSE:OXY) or 11,183 shares. Coho Prtnrs Ltd has 1.85M shares for 3.82% of their portfolio. Gulf Interest Bankshares (Uk) Limited holds 0.26% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 248,943 shares. Sumitomo Mitsui Trust Inc has invested 0.23% in Occidental Petroleum Corporation (NYSE:OXY).

Analysts expect Occidental Petroleum Corporation (NYSE:OXY) to report $1.38 EPS on November, 7.They anticipate $1.20 EPS change or 666.67 % from last quarter’s $0.18 EPS. OXY’s profit would be $1.06B giving it 13.94 P/E if the $1.38 EPS is correct. After having $1.10 EPS previously, Occidental Petroleum Corporation’s analysts see 25.45 % EPS growth. The stock increased 0.56% or $0.43 during the last trading session, reaching $76.96. About 4.27 million shares traded. Occidental Petroleum Corporation (NYSE:OXY) has risen 24.61% since October 14, 2017 and is uptrending. It has outperformed by 8.99% the S&P500.

Occidental Petroleum Corporation (NYSE:OXY) Ratings Coverage

Among 11 analysts covering Occidental Petroleum (NYSE:OXY), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Occidental Petroleum had 14 analyst reports since April 16, 2018 according to SRatingsIntel. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned “Overweight” rating by PiperJaffray on Monday, April 16. Jefferies upgraded Occidental Petroleum Corporation (NYSE:OXY) on Monday, June 11 to “Buy” rating. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Neutral” rating given on Friday, August 10 by JP Morgan. As per Friday, August 17, the company rating was maintained by Bank of America. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned “Buy” rating by Citigroup on Tuesday, June 5. The company was reinitiated on Friday, September 28 by PiperJaffray. The firm has “Outperform” rating by Scotia Capital given on Monday, May 21. The rating was upgraded by Edward Jones on Tuesday, September 18 to “Buy”. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Overweight” rating given on Friday, October 12 by Morgan Stanley. Bank of America upgraded Occidental Petroleum Corporation (NYSE:OXY) on Thursday, May 10 to “Buy” rating.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of gas and oil properties in the United States and internationally. The company has market cap of $58.85 billion. The firm operates in three divisions: Oil and Gas, Chemical, and Midstream and Marketing. It has a 26.44 P/E ratio. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids , and natural gas.

More recent Occidental Petroleum Corporation (NYSE:OXY) news were published by: Seekingalpha.com which released: “3 Reasons To Love Occidental Petroleum” on September 20, 2018. Also Bizjournals.com published the news titled: “Texas Supreme Court ends dual taxation at Ingleside terminal” on October 12, 2018. Seekingalpha.com‘s news article titled: “Earnings picks from Morgan Stanley” with publication date: October 09, 2018 was also an interesting one.

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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