Occidental Petroleum (NYSE:OXY) Upgraded by Goldman Sachs Group to Buy


As of February 9, 2017, it owned or had partial ownership interests in, and operated 56 mobile offshore drilling units that consist of 30 ultra-deepwater floaters, 7 harsh environment floaters, 3 deepwater floaters, 6 midwater floaters, and 10 high-specification jackups. Sfe Investment Counsel reported 0.5% in Occidental Petroleum Corporation (NYSE:OXY). $3.08 is the ADY. This dividend's record date is Dec 11, 2017 and the announcement date is Oct 5, 2017. The stock's average target of $13.50 is -0.44% below today's ($13.56) share price. Motco holds 86,544 shares or 0.54% of its portfolio. The prevailing figure will allow the investment community to determine the size of Occidental Petroleum Corporation in contrast to the sales or total assets figures. It has underperformed by 35.67% the S&P500. (NYSE:XPO) to report earnings on February, 20. They expect $0.35 earnings per share, up 12.90% or $0.04 from last year's $0.31 per share. Lvm Capital Management Ltd Mi, a Michigan-based fund reported 780,016 shares. Mizuho set a $71.00 price target on shares of Occidental Petroleum and gave the company a "hold" rating in a research note on Friday, November 24th. Great West Life Assurance Com Can owns 1.57M shares or 0.25% of their USA portfolio. Fis Group Inc. purchased a new position in shares of Occidental Petroleum in the third quarter valued at approximately $126,000. Bank of New York Mellon Corp now owns 13,863,518 shares of the oil and gas producer's stock worth $830,010,000 after purchasing an additional 247,780 shares during the period. BMO Capital Markets maintained the shares of OXY in report on Monday, November 6 with "Hold" rating. (NYSE:GSAT) traded down -3.23% in the last session while performance was up 1.5% in the last five days. About 1,864 shares traded. Transocean Ltd. (RIG) has risen 15.86% since December 7, 2016 and is uptrending. It has underperformed by 21.19% the S&P500.

Ratings analysis reveals 33% of Transocean's analysts are positive. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company. There are brokerage firms with lower targets than the average, including one setting a price target of $47. RIG was included in 9 notes of analysts from August 25, 2016. The rating was upgraded by Goldman Sachs on Friday, December 16 to "Neutral". The firm earned "Hold" rating on Thursday, August 10 by Piper Jaffray. According to buy-side analysts, moving averages work quite well in strong trending conditions, but often poorly in choppy or ranging conditions.OXY has analyst rating of 2.60 on scale of 1-5. Rafferty Asset Mgmt Llc stated it has 0.08% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). The rating was maintained by Barclays Capital with "Underweight" on Wednesday, October 11. The company has a market capitalization of $53,567.18, a price-to-earnings ratio of 200.00, a PEG ratio of 14.20 and a beta of 0.65. The firm operates in three divisions: 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.

Investors sentiment increased to 1.58 in Q2 2017. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.95 and a current ratio of 1.11. Occidental Petroleum had a negative net margin of 5.52% and a negative return on equity of 3.40%.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in OXY. Hsbc Plc holds 0.1% or 947,195 shares in its portfolio. Highlander Capital Mngmt Ltd Liability Corp reported 0.02% stake. Cypress Mngmt Limited Liability (Wy) has invested 0% in Occidental Petroleum Corporation (NYSE:OXY). Dubuque Commercial Bank And Trust Com reported 48,552 shares. 15,886 were accumulated by Naples Global Advsrs Limited Company. Raymond James Trust Na has 121,234 shares. First Manhattan holds 0.11% or 206,679 shares in its portfolio. Occidental Petroleum Corporation has an annual performance rate of -1.62% *. Moreover, Viking Fund Mgmt Ltd Liability Corporation has 0.48% invested in Occidental Petroleum Corporation (NYSE:OXY) for 52,200 shares. 7,140 are owned by Reinhart Prns Inc. Regions Corporation reported 492,200 shares or 0.35% of all its holdings. National Planning Corporation has 3,716 shares. Therefore 29% are positive. Occidental Petroleum has a fifty-two week low of $57.20 and a fifty-two week high of $73.51. The company has an average rating of "Hold" and a consensus price target of $67.27.

Occidental Petroleum Corporation's ROA is now valued at 1.30% * with a ROI value of -3.50% *. The stock of Occidental Petroleum Corporation (NYSE:OXY) has "Hold" rating given on Wednesday, June 21 by BMO Capital Markets. (NYSE:XPO) on Monday, November 6 with "Buy" rating. Occidental Petroleum now has a consensus rating of "Hold" and an average price target of $67.27.

United Capital Financial Advisers Llc increased its stake in Occidental Petroleum Corp (OXY) by 40.92% based on its latest 2017Q2 regulatory filing with the SEC. Jefferies maintained the shares of OXY in report on Thursday, October 19 with "Hold" rating. The rating was maintained by Cowen & Co on Tuesday, July 18 with "Buy".