Shares of Occidental Petroleum have moved 0.5% today, and are now trading at a price of $62.73. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 2,175,317 compared to the stock's average volume of 9,554,882.
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, North Africa, and Latin America. Based in Houston, United States the company has 11,973 full time employees and a market cap of $55,934,705,664. Occidental Petroleum currently offers its equity investors a dividend that yields 1.0% per year.
The company is now trading -10.24% away from its average analyst target price of $69.88 per share. The 24 analysts following the stock have set target prices ranging from $59.0 to $93.0, and on average give Occidental Petroleum a rating of buy.
Over the last 12 months OXY shares have declined by -11.0%, which represents a difference of -27.0% when compared to the S&P 500. The stock's 52 week high is $76.11 per share and its 52 week low is $55.51. Based on Occidental Petroleum's average net margin growth of 23.7% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
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