Occidental Petroleum Corporation (NYSE:OXY) stock exchanged hands 4.15M shares versus average trading capacity of 3.86M shares, while its shares total market worth is $58.56B along with 763.84M outstanding shares. Its shares ended last trading session at the price of $77.21 whereas a number of traders indicating mean target price will hit $78.90 over the next twelve months, mean value of price target most recently revised on 07/14/16. The highest estimates of price target are $91.00 and low forecast is $61.00 based on the opinion of 21 analysts. The price target estimates represents a standard deviation of 7.93. While brokerage recommendations suggests an ABR of 2.17 based on calls of 18 experts, where 8 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 8 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.
The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. Total 41 number of trades held during last 3 months and 95 during last 12 months, out of them 9 numbers of buys held in last 3 months and 19 buys in last 12 months. Whereas 32 numbers of sells held in last 3 months and 76 sells over the past 12 months.
Insiders has most recently took part in a trading activity, Chazen Stephen I, Director of the company in a transaction that occurred 7/14/2016 sold 2,500 shares of the stock. The stock was sold at a price of $77.37, for a total value of $193,425. Subsequent to the transaction Chazen Stephen I owned a total of 1,752,619 shares of the stock.
In a separate transaction on 7/12/2016, Chazen Stephen I, Director sold 2,500 shares of the stock. The stock was sold at a price of $77.04, for a total worth of $192,600. Succeeding to the transaction Chazen Stephen I owned overall 1,755,119 shares of the stock.
Moreover, Elliot Joseph C, Vice President sold 87 shares of the stock in a reserved transaction that ensued on 7/9/2016. At a price of $76.13, the stock was sold for an entire value of $6,623. Consequent to the transaction Elliot Joseph C owned a total of 8,733 shares of the stock.
Currently, 0.30% shares of Occidental Petroleum Corporation (NYSE:OXY) are owned by insiders with -4.58% six-month change in the insider ownership. According to U.S. Security Exchange Commission Filing, Chazen Stephen I is one of the major insider shareholder of the company’s stock, the insider owns 1,752,619 shares reported on Jul 14, 2016. Lowe Edward A. is second leading insider shareholder, as of Feb 17, 2016 the insider owns 59,451 shares of the stock. Stavros Christopher G is another major insider shareholder of the stock, as per record date of Feb 17, 2016 insider owns 54,477 shares of the stock.
Occidental Petroleum Corporation (NYSE:OXY) is expected to release the earnings of its current quarter on 8/3/2016 BMO. The company is expected to release $-0.14 EPS during current quarter according to 20 analysts whereas the company reported $0.21 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $-0.28 and high estimate of $0.18. Occidental Petroleum Corporation (NYSE:OXY)’s average revenue estimates for the current quarter are 2.49B according to 4 number of analysts. However its lowest revenue estimates are 2.05B and highest revenue estimates are 2.73B. A year ago the company’s sales were 3.51B. Its yearly sales growth estimates are -29.20%.