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.

Investment analysts gave a few price targets for OXY. The maximum price target given was 81, implying potential capital gains of 29.12 percent. The most pessimistic analyst gave a price target of 35, implying a possible loss of -44.21 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -40.62 percent. That number becomes -40.62 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -31.97 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -36.07 percent.

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, while 8 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 10 analysts that revised their FY estimates downwards.

In the trailing 52-weeks, OXY hit 78.48 at the highest peak, while it's lowest trading point was 57.20. Today's price is 9.67 percent above the 52-week low, and 20.07 percent lower than its 52-week high. OXY has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.