Analyst Ratings for Occidental Petroleum Corp. (OXY)

Updated: 2017-07-28

An average rating of Hold has been given to Occidental Petroleum Corp. (NYSE:OXY) by analysts covering the stock. About 30 days ago, OXY was issued an average rating of Hold.

24 analysts issued ratings on the stock, where 6 gave OXY a buy rating, 2 gave an overweight rating, 14 gave a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

OXY was given price targets by several analysts. The maximum price target given was 81, implying potential capital gains of 29.12 percent. The minimum price target given was 35, implying a possible loss of -44.21 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -40.62 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -40.62 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -31.97 percent. If we look at the last 90 days instead, we find a net average change of -36.07 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 8 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 10 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, OXY hit 78.48 at the highest peak, while it's lowest trading point was 57.20. Currently the stock is 9.67 percent higher than its low, and 20.07 percent below the high. OXY has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The OXY value stock report compares OXY to some of its peers using value stock charts. The stock has a market capitalization of $47.51 billion. OXY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.