Occidental Petroleum Corp (NYSE: OXY) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Recent meaningful negative changes in fundamentals have impacted Occidental Petroleum Corp (NYSE: OXY): significant quarterly sales deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
OXY is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Occidental Petroleum has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Occidental Petroleum has a good Appreciation Score of 76 but a neutral Power Rating of 43, and the High Neutral Value Trend Rating results.
Recent Price Action
On 7/8/24, Occidental Petroleum Corp (NYSE: OXY) stock declined modestly by -1.4%, closing at $60.95. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -2.8% during the last week.
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