Occidental Petroleum Corp

OXY-N

NYSE:OXY

16.53
0.25 (1.49%)
Occidental Petroleum Corporation is a multinational petroleum and natural gas exploration and production company headquartered in Houston, Texas with operations in the United States, the Middle East, and Latin America.
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Analysis and Opinions about OXY-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 17, 2019
A lot of investors don’t want to own oil stocks. He is not a huge fan. A lot of these companies don't see the value of sitting on cash when commodity prices are high.
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A lot of investors don’t want to own oil stocks. He is not a huge fan. A lot of these companies don't see the value of sitting on cash when commodity prices are high.
TOP PICK
TOP PICK
October 16, 2019
It's been quite a ride. A global oil/gas producer. They will pay down debt aggressively and return capital to shareholders. Based on 2020 hedges, low-$40's they can pay their dividend (above 7% now) and maintain flat production. They plan to sell $10-15 billion in assets to de-lever. Not well-loved now because of an acquisition. Oil demand will grow in coming years, despite the rise of renewables. Overall, well-run. (Analysts’ price target is $54.32)
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It's been quite a ride. A global oil/gas producer. They will pay down debt aggressively and return capital to shareholders. Based on 2020 hedges, low-$40's they can pay their dividend (above 7% now) and maintain flat production. They plan to sell $10-15 billion in assets to de-lever. Not well-loved now because of an acquisition. Oil demand will grow in coming years, despite the rise of renewables. Overall, well-run. (Analysts’ price target is $54.32)
DON'T BUY
DON'T BUY
October 3, 2019
It has given up 35%. He would just not go there. He would not go to energy.
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It has given up 35%. He would just not go there. He would not go to energy.
PAST TOP PICK
PAST TOP PICK
May 10, 2017

(A Top Pick May 11/16. Down 17%.) Energy has been particularly tough since the beginning of the year. Also, their operational record has not been good. Their recently filed earnings report indicates their operating numbers are better, meaning costs are going down, and also are doing a little better with the drill bit. It has a nice dividend which doesn’t appear to be in jeopardy.

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(A Top Pick May 11/16. Down 17%.) Energy has been particularly tough since the beginning of the year. Also, their operational record has not been good. Their recently filed earnings report indicates their operating numbers are better, meaning costs are going down, and also are doing a little better with the drill bit. It has a nice dividend which doesn’t appear to be in jeopardy.

PAST TOP PICK
PAST TOP PICK
March 1, 2017

(A Top Pick May 11/16. Down 10%.) Has not really been well run. The earnings haven’t been good. However, they are sitting on the best oil assets in the US. Has the largest concentration in the Permian Basin, which has stacked plays giving access to different layers of shale with oil in it.

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(A Top Pick May 11/16. Down 10%.) Has not really been well run. The earnings haven’t been good. However, they are sitting on the best oil assets in the US. Has the largest concentration in the Permian Basin, which has stacked plays giving access to different layers of shale with oil in it.

PAST TOP PICK
PAST TOP PICK
August 22, 2016

(Top Pick May 11/16, Up 0.91%) Speculators focused too much on the crude and the gasoline inventories. There is record short interest right now. You get a nice dividend. He discovered recently that published inventory levels are not always that accurate.

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(Top Pick May 11/16, Up 0.91%) Speculators focused too much on the crude and the gasoline inventories. There is record short interest right now. You get a nice dividend. He discovered recently that published inventory levels are not always that accurate.

TOP PICK
TOP PICK
May 11, 2016

His favourite energy pick, because it is over 80% oil. Also, have the best drilling locations in the US, generally in the Permian Basin in West Texas and Southeast New Mexico, which has multiple layers of oil, so with one drilling pad they can get more pockets of oil making it more economical. Dividend yield of 3.91%.

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His favourite energy pick, because it is over 80% oil. Also, have the best drilling locations in the US, generally in the Permian Basin in West Texas and Southeast New Mexico, which has multiple layers of oil, so with one drilling pad they can get more pockets of oil making it more economical. Dividend yield of 3.91%.

PAST TOP PICK
PAST TOP PICK
January 18, 2012
(A Top Pick Feb 2/11. Up 2.6%.) Sold last February.
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(A Top Pick Feb 2/11. Up 2.6%.) Sold last February.
TOP PICK
TOP PICK
February 2, 2011
Refining. Oil weighted senior with a pristine balance sheet and high cash flow yield. Primarily us operations. Refining margins are improving. Can see some growth in the name.
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Refining. Oil weighted senior with a pristine balance sheet and high cash flow yield. Primarily us operations. Refining margins are improving. Can see some growth in the name.
TOP PICK
TOP PICK
November 9, 2009
One US oil that has a lot of growth globally. Large landholder in California. Proven track record of taking a mature basin and wringing every last drop out of it. The most torque name to oil available.
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One US oil that has a lot of growth globally. Large landholder in California. Proven track record of taking a mature basin and wringing every last drop out of it. The most torque name to oil available.
TOP PICK
TOP PICK
September 11, 2008
Model price is $113.78, a 63% positive differential.
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Model price is $113.78, a 63% positive differential.
PAST TOP PICK
PAST TOP PICK
December 20, 2007
(A Past Top Pick Dec 21/06. Up 45.2%.) His model price is $88.36. That's a 23% positive differential and no longer qualifies for his funds.
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(A Past Top Pick Dec 21/06. Up 45.2%.) His model price is $88.36. That's a 23% positive differential and no longer qualifies for his funds.
PAST TOP PICK
PAST TOP PICK
November 20, 2007
(A Top Pick Dec 26/06. Up 42.1%.) Now only has an upside of 17.5%. Should be $82-$84 a year form now, a 17% implied rate of return. Sold his position.
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(A Top Pick Dec 26/06. Up 42.1%.) Now only has an upside of 17.5%. Should be $82-$84 a year form now, a 17% implied rate of return. Sold his position.
PAST TOP PICK
PAST TOP PICK
November 1, 2007
(A Top Pick Dec 21/06. Up 39%.) His model price is $83.28, a 21% positive differential.
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(A Top Pick Dec 21/06. Up 39%.) His model price is $83.28, a 21% positive differential.
PAST TOP PICK
PAST TOP PICK
March 8, 2007
(A Top Pick Dec 21/06. Down 6.7%.) He is overweight oils. Way undervalued.
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(A Top Pick Dec 21/06. Down 6.7%.) He is overweight oils. Way undervalued.
Showing 1 to 15 of 23 entries

Occidental Petroleum Corp(OXY-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Occidental Petroleum Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Occidental Petroleum Corp(OXY-N) Frequently Asked Questions

What is Occidental Petroleum Corp stock symbol?

Occidental Petroleum Corp is a American stock, trading under the symbol OXY-N on the New York Stock Exchange (OXY). It is usually referred to as NYSE:OXY or OXY-N

Is Occidental Petroleum Corp a buy or a sell?

In the last year, there was no coverage of Occidental Petroleum Corp published on Stockchase.

Is Occidental Petroleum Corp a good investment or a top pick?

Occidental Petroleum Corp was recommended as a Top Pick by Lorne Steinberg on 2019-10-17. Read the latest stock experts ratings for Occidental Petroleum Corp.

Why is Occidental Petroleum Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Occidental Petroleum Corp worth watching?

0 stock analysts on Stockchase covered Occidental Petroleum Corp In the last year. It is a trending stock that is worth watching.

What is Occidental Petroleum Corp stock price?

On 2020-11-25, Occidental Petroleum Corp (OXY-N) stock closed at a price of $16.53.