Thinking of Buying Occidental Petroleum (OXY)? Here's What You Need to Know.

Shares of Energy sector company Occidental Petroleum moved 3.5% today, and are now trading at a price of $75.86. The large-cap stock's daily volume was 6,458,358 compared to its average volume of 23,107,307. The S&P 500 index returned a 0.4% performance.

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. The company is based in Houston and has 11,678 full time employees. Its market capitalization is $70,667,632,640. Occidental Petroleum currently offers its equity investors a dividend that yields 0.4% per year.

25 analysts are following Occidental Petroleum and have set target prices ranging from $59 to $110 per share. On average, they have given the company a rating of hold. At today's prices, OXY is trading 0.55% away from its average analyst target price of $75.45 per share.

Over the last year, OXY's share price has increased by 113.7%, which represents a difference of 133.5% when compared to the S&P 500. The stock's 52 week high is $77.13 per share whereas its 52 week low is $26.05. With an average free cash flow of $3,171,500,000.0 that have been growing at an average rate of 137.0% over the last four years, Occidental Petroleum is in a position to continue its strong stock performance trend.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.