Occidental Petroleum Corporation (NYSE:OXY) is reporting third quarter earnings results on Monday 9th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.72 per share.
For the full year, analysts predict revenues of $ 18268.90 million, while looking forward to loss of $ 3.56 per share.
Stock Performance
On Friday, shares of Occidental Petroleum Corporation has traded high as $ 10.47 and has cracked $ 9.94 on the downward trend, reaching $ 10.01 with volume of 21.65 million shares.
According to the previous trading day, closing price of $ 10.01, representing a 22.89 % increase from the 52 week low of $ 8.52 and a 77.99 % decrease over the 52 week high of $ 47.58.
The company has a market capital of $ 9.31 billion and is part of the Energy sector and Oil & Gas E&P industry.
Recent Analyst recommendations
- On 19th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 11.00 target price.
- On 28th September 2020, maintained by Bank of America at Buy rating, with $ 29.00 target price.
- On 24th September 2020, upgraded by Scotiabank to Sector Outperform from Sector Perform rating.
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.
