Morgan Stanley upgraded Occidental Petro from Equal-Weight to Overweight and set a new price target of $68.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $57.00 | Neutral | BofA Securities |
| 10/2/2024 | $55.00 | Neutral | Goldman |
| 7/18/2024 | $81.00 | Outperform | Wolfe Research |
| 5/16/2024 | $84.00 → $69.00 | Buy → Hold | Truist |
| 4/11/2024 | $90.00 | Sector Perform → Sector Outperform | Scotiabank |
| 4/10/2024 | $73.00 | Equal Weight | Barclays |
| 4/8/2024 | $65.00 | Hold | HSBC Securities |
| 1/3/2024 | $63.00 | Buy → Neutral | Mizuho |
BofA Securities resumed coverage of Occidental Petro with a rating of Neutral and set a new price target of $57.00
Goldman resumed coverage of Occidental Petro with a rating of Neutral and set a new price target of $55.00
Wolfe Research resumed coverage of Occidental Petro with a rating of Outperform and set a new price target of $81.00
SC 13G/A - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Subject)
SC 13G/A - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Subject)
SC 13G/A - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Subject)
HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) will announce its third quarter 2024 financial results after close of market on Tuesday, November 12, 2024, and will hold a conference call to discuss the results on Wednesday, November 13, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10192316/fd653e56d4. Third quarter 2024 financial results will be available through the Investor Relations section of the company's website. A recording of the webcast will
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) today announced the closing of its previously announced acquisition of certain leasehold and royalty interests and related midstream infrastructure from Occidental (NYSE:OXY). The acquired assets consist of ~29,500 net acres, ~9,900 net royalty acres and substantial midstream infrastructure primarily located offset the Company's existing position in Reeves County, Texas. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Com
HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation of Occidental and 1PointFive's ability to use their decades-long expertise in carbon management to accelerate the vital climate technology. The funding will be provided in multiple tranches. The initial award of $50 million will advance 1PointFive's ongoing work at the South Texas DAC Hub. Upcomin
HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) will announce its third quarter 2024 financial results after close of market on Tuesday, November 12, 2024, and will hold a conference call to discuss the results on Wednesday, November 13, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10192316/fd653e56d4. Third quarter 2024 financial results will be available through the Investor Relations section of the company's website. A recording of the webcast will
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) today announced its second quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Thursday, August 8, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference ca
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) today announced its second quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Reported crude oil and total average production of 152.9 MBbls/d and 338.8 MBoe/d during the quarter Decreased controllable cash costs by 8% quarter-over-quarter to $7.45 per Boe, driven primarily by lower LOE Reduced second quarter D&C costs per foot by ~13% compared to 2023, driven by operational efficiencies Announced cash capital expenditures of $516 million and adjusted free cash flow1 of $332 million ($0.43 per adjusted basic share) Reported total
4 - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Issuer)
4 - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Issuer)
4 - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Issuer)
8-K - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Filer)
8-K - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Filer)
SD - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Filer)
Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum (NYSE:OXY). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 19 uncommon options trades for Occidental Petroleum. This isn't normal. The overall sentiment of these big-money traders is split between 36% bullish and 52%, bearish. Out of
Truist Securities analyst Neal Dingmann maintains Occidental Petroleum (NYSE:OXY) with a Hold and lowers the price target from $69 to $67.