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 most optimistic price target was 81, implying a possible profit of 29.12 percent. The lowest price target was 35, which equates to a potential downside 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. 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, while 8 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 10 analysts made negative revisions to their fiscal year's estimates.

OXY has traded between a high of 78.48 and a low of 57.20 over the past year. Today's price is 9.67 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.