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.

A number of analysts gave price targets for OXY. The most optimistic price target was 81, which equates to a potential upside of 29.12 percent. The minimum price target given was 35, implying potential capital losses of -44.21 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -31.97 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -36.07 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 8 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 10 analysts that revised their FY estimates downwards.

OXY has traded between a high of 78.48 and a low of 57.20 over the past year. The current market price is above the trailing year's low by 9.67 percent, and 20.07 percent below the 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 market cap of OXY is $47.51 billion. OXY will post this quarters earnings in days, on 0000-00-00.